LIC’s New Jeevan Shanti Plan no. 858 is a deferred annuity plan for guaranteed income for life by paying a single premium. It is an annuity plan (Pension Plan) which has option of purchasing deferred annuity (Pension) and can be purchased by paying a lump sum amount (single premium). The plan provides for annuity payments […]
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National Pension Scheme (NPS) is a voluntary and long-term investment cum pension plan launched by the Government of India. This scheme is regulated and administered by the Pension Fund Regulatory and Development Authority (PFRDA). This pension programme is open to employees from the public, private and even the unorganised sectors except those from the armed
Everything about NPS Read More »
A famous quotation by American statesman Benjamin Franklin, “… nothing can be said to be certain in this world, except death and taxes”. Not sure about taxes though but one surely cannot avoid death. Talking about life, death, and finances, dying early or living longer which one is a bigger problem? Plan for a longer
Why should you plan for a longer post-retirement life? Read More »
Guarantee of regular income for lifetime We are talking about a life-long guaranteed tax-free income. Think of a time 15 years, 20 years, 25 years, or 30 years from now when you will retire and stop earning an active income but still on the 1st of every month a guaranteed sum of money gets deposited
Create a life-long guaranteed, tax-free* income Read More »
You cope up with your expenses while you are earning. But, what about the expenses after your retirement?
After your retirement, your active income would stop but your life’s expenses will not and would further increase year on year. Living a dignified retired life after 60 needs planning.
How to plan a dignified retired life after 60 and why it is important? Read More »
