R Kumar retweetledi

I don't know why people are so disconnected from reality. Saw a post saying Rs 40 crores must for retirement in India.
Do you know how big is Rs.40 crores?
In India, only 0.04% of households have it
In the richest country of the world, USA, only 4% of households have it
If you take the entire world consisting of both rich and poor countries, just 0.13% of households have it.
Even Rs 4 crores is difficult for 99% of the population.
Saying Rs.40 crores is required for retirement only demotivate people because they can never reach there. These kind of posts at best serve as irritants.
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