Axis Max Life Insurance Ltd., formerly Max Life Insurance Company Ltd., has released the East Zone findings of its fifth India Retirement Index Study (IRIS 5.0), conducted with Kantar. East India emerged as the most retirement-ready region, recording the highest index score of 52, significantly above the national average of 48. The study underscores the region’s strength in financial and health preparedness. The Financial Preparedness Index remains stable at 52, the highest among all regions, reflecting disciplined investment behaviour and early planning. The Health Preparedness Index has improved from 46 to 49, indicating increased focus on preventive care. However, the Emotional Preparedness Index has declined slightly to 59, pointing to rising concerns around post-retirement life.
Anurag Gupta, Director, Chief Business Officer & Retirement Head, Axis Max Life Insurance, said the findings reflect early adoption of retirement investing, strong insurance uptake, and proactive health practices, while highlighting the need for a more balanced approach including emotional wellbeing.
Around 75% of respondents have started investing for retirement, while term plan ownership rose from 47% to 60% and ULIP adoption from 34% to 46%. Nearly 69% feel financially secure about retirement, and 52% expect their savings to last over 10 years. Health awareness is also high, with 55% opting for annual check-ups and 53% covered by health insurance.
