Increasing life expectancy rate, rising health care costs, absence of social security system in India and disintegration of joint family system are some of the key reasons that makes retirement planning very critical. Pension Plans are individual plans that gaze into your future and foresee financial stability during your old age. Pension plans are most suited for senior citizens and those planning a secure future, so that you never give up on the best things in life.

Retirement Plans provide you with financial security so that when your professional income starts to ebb, you can still live with pride without compromising on your living standards. Given the high cost of living and rising inflation, retirement planning has become all the more important.

Pension plans are designed to ensure that your retirement years truly become your golden years. They will provide you the financial security to pursue your unfulfilled dreams.

What is retirement plan?

Retirement plan ensures that you or your family members receive a regular pension amount post a retirement date. You have the flexibility to choose the retirement date and the manner in which you receive the pension.

Why do I need retirement plan?

• Longer retirement years: Average life spans are increasing in India and hence, the retirement years are likely to be longer. With the rise in inflation you will need more money to live in comfort.
• Financial independence post retirement: Earlier, people could depend on their children to take care of them post retirement. However, as a modern individual, would you not like to maintain your financial independence post retirement also?
• Inflation: Inflation is an important factor. Post retirement, you need a regular income to ensure that your expenses can be met.

How much retirement plan do I need?

Post retirement, you would like to maintain your life style and also need to take care of increased medical expenses also. We will assist you to know your exact Human life Value (HLV) for your happy retirement life.

Why should I start planning for my retirement now?

• The earlier you start planning for retirement, the larger will be the corpus for you    at the time of your retirement. Neglecting your retirement needs can prove to be    costly later in your life.
• Life Annuity with Return of Purchase Price: Unfortunate events do not knock   your door when they come. Hence, it is better to be prepared and ensure that the   financial needs of your loved ones are taken care of, in the unfortunate event of   your death.
• Apart from the benefit of a comfortable retirement, also enjoy tax benefits as per    prevailing tax laws.