Title: Information for Retirement Planning in India
1Retirement Planning
2Brief Introduction
- The rising inflation, recession in India has put
the fear of the dark phase in every individuals
life. - Today, it is very important that while living in
your present, you plan your future too so that
you maintain a healthy and good lifestyle for the
years post retirement. - Retirement or pension plans offered by insurance
companies come up with a regular pension that
will help you take care of the basic amenities of
life post retirement and assure a secured future
with your loved ones.
3Benefits of Knowing Retirement Plans in Depth
4- Assure yourself of the different retirement plans
available in India. - One can easily collect many information on the
best pension plans available in India nowadays
through different resources like internet,
agents, your friends experience. - Make sure that the company that you're going to
deal with has a good reputation.
5Plan Your Retirement Early
6- Get rid of your debts quickly.
- Based on your needs and requirement for your old
days, do a complete retirement planning analysis. - To protect your health and well-being, get a
lifetime health coverage at the earliest. - Make sure that your retirement plans / annuities
mature beyond your retirement age.
7Importance of Retirement Planning
8- In India social security is very less especially
in your old days. - Half of the population find hard to have a decent
day-to-day existence with food, clothing and
shelter. - Fortunately, people who are educated and belong
to the upper middle class families earn good for
daily survival. - However, most of their money is spent here and
there. They never take time out to think about
life after retirement. - Moreover, in Indian culture, we are inclined for
life under joint family system, our kids and
assuming that things will always be fine. - One has to be ready to accept the challenging and
dark phase of life. Hence, it becomes very
important that one should strategize their life
for golden old days.
9Thank You