New Delhi, June 4 -- Retirement planning is undergoing a significant transformation. Earlier, the focus was largely on building a sizeable retirement corpus. Today, however, retirement planning has become more complex and requires a broader approach.

Rising life expectancy, changing family dynamics and structures, ever-rising inflation, healthcare costs and increasing education expenses have reshaped financial priorities. As a result, people are rethinking how they prepare for life after retirement.

The conversation is no longer limited to accumulating wealth. It is about ensuring financial independence, maintaining one's lifestyle and securing a steady income throughout retirement.

Vikas Gupta, Chief Product Officer at ICICI Prudentia...