Family Protection
Retirement planning for people who hate spreadsheets
A human-first walkthrough of how much you'll need and how protection fits into the retirement puzzle.
Retirement planning feels abstract, which is why so many people delay it. But the core idea is simple: you're building a pot of money that can replace your income once you stop working — for potentially 25–30 years.
Start with today's monthly expenses, remove costs that fade in retirement (like children's education or a home loan), and add ones that grow (especially healthcare). Inflate that to your retirement age, and you have a rough annual need.
A common rule of thumb is that your corpus should be around 25–30 times your annual expenses at retirement. Our retirement calculator turns this into a concrete monthly savings target.
Protection is the quiet hero of retirement planning. Adequate health cover prevents medical bills from eroding your corpus, and income protection during working years keeps the plan on track if earnings are interrupted. Saving and protecting are two sides of the same coin.
Key takeaways
- Estimate retirement expenses, then target ~25–30x annual expenses.
- Healthcare costs rise in retirement — plan for them explicitly.
- Health and income protection keep your corpus from being eroded.
This article is for general education only and is not financial or insurance advice. Insurwise does not sell or recommend any insurance products at this stage.