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00:09 Retirement is the only financial goal for
00:12 which you don't get a loan.
00:14 Think about it, we invest for our children, their education,
00:18 their marriage, a house, a car, to start a business.
00:22 We get a loan for all of this.
00:23 We don't get a loan for retirement.
00:28 Also, longevity risks, or the risk of living longer,
00:33 is a global risk and applies to Indians as well.
00:36 If we have to take care of these two risks,
00:39 I do think that one needs to be prepared much in advance.
00:42 And that's the reason that it's important to plan for
00:46 retirement as early as we can.
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