Posted on February 23, 2010.
Where can I get ABT complete pension information in India? I'm living 35 years in India and I want to go to a retirement plan that can pay me Rs 20k h from the age of 40 years. I can also go for both payment schemes. Please guide me how to do it.
Hello HR2007,
Please note that pension plan, you can save money for your retirement. At maturity, you will need to purchase an annuity / pension any insurance company using the money accumulated. So you need to know how much money you save in 5 years.
Here's the math for you:
1. Required monthly pension: Rs 20,000
2. Current Age: 35 years
3. Planned retirement age: 40 years
4. Time available for registration: 5 years
Current immediate annuity / pension plans offered by LIC (Jeevan Akshay VI) provides pension of Rs 7510 to Rs 1,00,000 per year investment at the age of 40 years, while the rate increases to generate pension of Rs 20,000 per month (Rs 2,40,000 per year) you will need to save about Rs 32,00,000 in 5 years.
So you need to plan your investments so you can earn around Rs 32 lakh in 5 years. Now you can invest your money in your ability to take risks in mutual funds, PPF, ULIP or fixed deposits to generate this much amount in 5 years.
If you need more help on the same, you can contact me (see link below) or Chartered Financial Consultant.
Sincerely,
Pranav
If you have an Indian political public savings () for systems of ten years, etc.
try to invest every month with a good quantity and at the end
the day, every month, you'll get your money profitably for ten years,
and if you invest each month plus you get the money remains
your life. (Turning the cycle)
to the best of my knowledge, the LIC and SBI pension plan are the best plan on the market. you can go through all the companies that provide its service in the field of insurance and investment
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To find better sales and discount to India
www.saledekho.com
Dear Sir,
You pay only 7 years
FINANCE FOR
G. SAKTHIVADIVEL
G. SAKTHIVADIVEL
# 10 Street Midle, NEW SARAM
., Mob: 9944064646, 9443714646
E-mail: sakthi_graj@yahoo.com
A New Jeevan Suraksha - 1 Proposal for yourself
Annuity starting at age
50 years
Annual
Pension will be paid
Rs.2800000
Proposed nominal cash option
Rs.0
Estimated Accumulated Bonus *
Estimated Bonus final addition
Rs.0
NCO estimated target
Premiums payable
Premium payable
Annual
Basic premium
Rs.361712
Premium Rider
Total Premium
:
:
:
:
:
:
:
:
:
:
:
7 years
Rs.0
R. 361,712
Rs.2800000
Hedging up to 50 years
Cash lump sum at age 50
Benefits from 50 years **
No risk lifetime coverage
Rs.700000
Rs.160206
Rs.2100000
No risk lifetime coverage
Rs.213608
OR
Rs.2800000
F-life annuity with return of
purchase price in case of death
F-life annuity with return of
purchase price in case of death
Death during:
Interest rates for the accumulation of premiums:
the first 10 Policy years
11 to 19 years of political
Policy 20 years and above
3% compounded annually
4% compounded annually
5% compounded annually
with accumulation period of 5 years that the pension is extremely difficult. Your body should be Rs 30 Lacs or so to get this board a lot.
Can you contribute 6 Pa Lakes???