In the Bhakti Rasamrita Sindhu, Rupa Goswami Prabhupada has recommended anything dovetailed in Krishna Consciousness is real renouncement. The Mayavadis' renouncement with an ambition of becoming one with the Supreme is called false renunciation. They renounce the world for a greater sense gratification. To maintain an ambition of becoming one with the Supreme is the top rank sense gratification; whereas a person in all kinds of apparently material works, but ultimately the beneficiary is Krishna, is in a greater position of renunciation than the Mayavadis. So do not forget Krishna in any circumstance of life and Krishna will save you from all pitfalls of material existence.
Letter to Jaya Govinda, 3 February, 1970