New Delhi, Sept. 17 -- For decades, Rs.1 crore was regarded as the golden standard for a secure retirement. However, the latest Bharosa Talks India Retirement Index Study (IRIS) 6.0, conducted by Axis Max Life Insurance, highlights a growing realisation among urban Indians that this traditional benchmark no longer guarantees long-term financial comfort.

In 2025, 77% of urban Indians felt that Rs.1 crore or less would suffice for retirement. By 2026, that figure dropped to 70%, reflecting diminishing trust in the landmark amount.

Accumulation numbers reveal an even larger issue: urban Indians have built only 28% of their target retirement corpus on average, exposing a stark divide between expected goals and actual savings.

Scepticism to...