1 rich Libsyn https://www.libsyn.com 90 600 In this conversation with Shray, Deepak shares why he feels now is the time for India's concept of a Retirement Account - he calls it the MERA account. This account should help improve investment opportunities for retail customers, create a longer-term investment horizon and push people to save for their retirements. Listen in as we discuss: The concept of a retirement account Impact on the economy and people Imagining a retirement account scheme that works for India The operational aspect of such an account Who would oppose such a thing? Show notes and references 2:00 - Seven consecutive years of positive market returns for India 4:00 Seize the opportunity of India story with retirement accounts&amp;nbsp; Read: My Empowered Retirement Account (MERA) 8:30 Where do LIC and EPFO invest retirement money&amp;nbsp; &quot;We're giving asset managers our retirement money and asking them to do great things for the next 20 - 30 years... But, they're not doing great things... They are conservative.. not letting me realize my larger risk appetite.&quot; 14:30 ELSS equity funds hold money for a longer period of time. Can't they act as retirement funds? 17:00 The peril of investing for retirement with post-tax money&amp;nbsp; 25:00 Deepak introduces his idea of MERA - My Empowered Retirement Account (MERA) 33:00 Why does this matter so much at the national policy level?&amp;nbsp; 41:20 Who are the people who would feel this is not a good idea? Capitalmind with Deepak &amp; Shray https://www.capitalmind.in <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/25491474/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/25491474