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The Economic Times

Top News / The Economic Times

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India vs US: How parents plan for retirement

In the US, parents tend to protect their assets for their own use in retirement, and choose to not spend it disproportionately on their childrens education or marriage. In India, there is a clear understanding that the assets accumulated by parents will be bequeathed by their children, for many of whom it is a major wealth transfer.

12 Oct 2026 6:30 am