These days a number of insurance and pension plan sites are recommending to go for 1.45 Crore pension plan and that too at age of 60.
However only query to them is that are we making fixated with becoming a Crorepati in India because the value of One Crore at the age of 60 may not be sufficient to help the retiree live a dignified life by virtue of inflation. Thus do not make them fixated with becoming a Crorepati at 60 and let them live their life today else one will be getting lump sum at age 60 which will be not worth its value by virtue of inflation eating into the corpus. Rather at age 60 they require best medical insurance which will take care of their medical contingencies.