{"id":273848,"date":"2025-07-19T04:51:17","date_gmt":"2025-07-19T04:51:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/273848\/"},"modified":"2025-07-19T04:51:17","modified_gmt":"2025-07-19T04:51:17","slug":"savings-nahi-lekin-retire-early-marcellus-saurabh-mukherjea-flags-major-crisis-the-rich-are-creating-for-themselves","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/273848\/","title":{"rendered":"‘Savings nahi, lekin retire early’: Marcellus’ Saurabh Mukherjea flags major crisis the rich are creating for themselves"},"content":{"rendered":"

Marcellus\u2019 Saurabh Mukherjea<\/a> has raised a red flag over what he calls a growing financial crisis among affluent Indians. Despite earning well above the national average, a significant number of well-to-do individuals are struggling to save, lack emergency funds, and are chasing lofty ambitions without the financial backing to support them. This mismatch between dreams and discipline, Mukherjea warns, is creating a dangerous disconnect \u2014 one that\u2019s fuelling anxiety and financial instability among the country\u2019s elite.<\/p>\n

“Your middle class, main working years of their life \u2014 50% of Indians in that age bracket, 50% of affluent Indians in that age bracket of 30 to 45, aren’t even saving 20% of their income, right? So the savings piece is a disaster,” said Mukerjea. <\/p>\n

“Even more stunningly, we found that 14% of survey respondents \u2014 and I stress again, folks, the survey respondents are affluent Indians \u2014 14% of our survey respondents had zero emergency fund. Zero emergency fund. Toh kuch ooltah-seedha zindagi mein ho gaya, they have no fallback savings. And these are affluent Indians \u2014 koi fallback savings hain nahi,” added Mukherjea. “So pehla big sort of thrust of the findings was that affluent Indians aren’t saving enough \u2014 enough money, right?”
Big ambitions of Indians
<\/strong> “The second set of findings was that people’s dreams and ambitions and goals are multiple, right? And these are big dreams \u2014 sapne bahut bade hain logon ki. Savings bhale chhote ho, logon ke sapne bahut bade hain,” said Marcellus\u2019 Saurabh Mukherjea. “So 40% of Indians want to save for a house \u2014 can’t begrudge them that. But even more interestingly, 40% of Indians want to do a startup. They want to set up their own firm, right? So affluent Indians hain \u2014 40% ko ghar kharidna hai, 40% ko apni company shuru karni hai.”<\/p>\n

“Another 40% want to retire early, right? This is a bizarre fetish which has arisen in India recently. Last 5 saal mein logon ko dimaag mein pata nahi kya daal diya gaya hai, ki aapko retire early karna chahiye. Savings hain nahi, lekin retire early karne ki ek ichha, ek umeed hai, right?” added Marcellus\u2019 Mukherjea.<\/p>\n

\"ETLive Events
“So that brings me to the point \u2014 then what kind of savings or what kind of investments are these people getting into? Because kahi toh paisa jaa raha hai, right? There’s some ways in which these guys are spending their money or, you know, even investing \u2014 may not be the best aspect of investing or the best asset allocation that you would call it. But where is it going? Is it going into equities? Is it going into real estate? I know a lot of people who do invest in real estate \u2014 specifically beyond their primary residences.,” addedMukherjea. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Marcellus\u2019 Saurabh Mukherjea has raised a red flag over what he calls a growing financial crisis among affluent…\n","protected":false},"author":2,"featured_media":273849,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3093],"tags":[51,103683,103674,103677,474,103679,103678,103680,103682,103681,2499,103675,103676,16,15],"class_list":{"0":"post-273848","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-early-retirement-plan","10":"tag-early-retirement-tips","11":"tag-early-retirement-trends-in-india","12":"tag-finance","13":"tag-india-retirement-crisis","14":"tag-indian-saving-crisis","15":"tag-middle-class-crisis","16":"tag-middle-class-income","17":"tag-middle-class-retirement","18":"tag-personal-finance","19":"tag-saurabh-mukherjea","20":"tag-saurabh-mukherjea-retirement-tips","21":"tag-uk","22":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114878105770001781","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/273848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=273848"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/273848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/273849"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=273848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=273848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=273848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}