Information for Retirement Planning in India

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Information for Retirement Planning in India

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Retirement plans or pension plans are equally important as your other insurance policies. In India, buying retirement policy has become a very important factor to live a life better during your golden old days. – PowerPoint PPT presentation

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Title: Information for Retirement Planning in India


1
Retirement Planning
2
Brief 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.

3
Benefits 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.

5
Plan 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.

7
Importance 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.

9
Thank You
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