CanIRetire.in
India-first retirement readiness platform
Product, data & Indian privacy law
This FAQ explains what CanIRetire.in is (and is not), what we store, and how we design the platform to align with India's Digital Personal Data Protection Act, 2023 (DPDP Act).
Is this investment advice?
No. CanIRetire.in is an educational planning tool. It uses models and Gemini to explain trade-offs but it is not a SEBI-registered advisory service. Please treat the output as inputs to discuss with a qualified adviser or financial planner, not as personalised investment advice or a recommendation to buy / sell any product.
What data do you store and what do you avoid collecting?
We store your email for login, your wizard inputs (profile, assets, liabilities, expenses, risk profile) and the generated scenarios and plans. This is only used to show you your results and to improve the planning experience.
We intentionally do not ask for bank account numbers, credit card numbers, net-banking logins, PAN, Aadhaar, UPI PINs or any passwords to financial institutions. You can describe your finances in rounded numbers and broad categories instead of giving account-level detail.
How does this relate to India's DPDP Act, 2023?
The Digital Personal Data Protection Act, 2023 is India's data protection law. In simple terms, it gives you rights over your personal data (access, correction, deletion, withdrawal of consent) and requires services like ours to collect only what is necessary, use it for clear purposes, keep it secure and honour your choices.
CanIRetire.in is designed with these principles in mind:
- Explicit consent – you explicitly agree before we process your data for the retirement wizard.
- Data minimisation – we only ask for information that is needed to run scenarios and avoid collecting identifiers like PAN/Aadhaar or passwords.
- Indian data location – the Firestore database is configured to use an Indian region (asia-south1, Mumbai) so your data is stored in India.
- No third‑party selling – we do not sell your personal data to advertisers or data brokers.
- Right to deletion – you can request deletion of your account and scenarios; the underlying implementation removes your scenarios, consent records and user document from Firestore.
This summary is for transparency and does not replace legal advice. For full details, you should also review the upcoming privacy policy and, if needed, consult a legal professional.
Can I delete my scenarios and account?
Yes. The platform includes functionality to remove your scenarios and associated records. In the current MVP, if you do not see a "Delete account" option yet, you can contact the maintainer and we can delete your data at the Firebase project level. A self‑service "Delete account and all data" flow is planned on top of this foundation.