What is Retirement Planning

Retirement is for everyone, all of us have to undergo at some point or the other.

But when it comes to retirement, most of us are not well prepared for it.

For government employees as well as many private sector employees, they have retirement schemes like pension to take care of.


Retirement actually means you will no longer be working with the organization or earning any salary. As a result, you are forced to live with the savings made during the peak of your income earning years. Through savings, you accumulate assets.


Today with the improvement in medical sciences, life span has increased i.e. we are likely to live longer.

A person who retires around 55-60 years is expected to live for another 20 -25 years (or +).

This means that savings has to last for that much period.

So what is the ideal way to combat retirement?

Start planning early and save, save, save money.

Travel Safely with Insurance

Today many of us travel daily/frequently. 

We don’t know what will happen. 

So in order to give your family total security/protection, it is better to take insurance. 

Insurance provides security to your family.

Not only security, but also you can save money as well as save tax.

You can have a good quality life when you retire. 

So start planning today and have a peaceful retired life.

Affordable Life Insurance -Become a Crorepati Before You Retire

Become a ‘Crorepati’ Before You Retire----There is no Market Risk. Your Money is Secured. 

Jeevan Saral Monthly Saving Scheme - “Golden Peacock Award”

The plan called “Jeevan Saral” is very ideal for salaried individuals and for those with uncertain incomes. Here you have the option of choosing the premium amount.

A person aged 25 or 30 years if he or she invests Rs.10,000 every month, he or she will become a “Crorepati” before 60 years. 

Try saving Rs.350 daily. This will total to Rs.10,000 (+) in a month. Invest Rs.10,000 per month for 27 years. Get Rs.1 Crore after 27 years and Insure yourself. You can have a peaceful retired life as well as have protection for your family also. And you can also save tax by investing in insurance policies.

For a 25 year old, if he or she invests every month Rs.10,000 for 27 years, the Sum Assured Amount will be 10000 x 250 = 2500000. On Maturity i.e. after 27 years, he or she will get more than Rs.1 Crore. This includes Loyalty Amount paid by LIC. Loyalty Amount or Addition is payable after the policy has been in full force for atleast 10 years.

Similarly, you can start with either 10,000 or 1000 or 5000 or 3000 or 2000 or 1500 or 500 or any other amount monthly depending on your financial capacity.

There is also an option of part-withdrawals in case you require amount (as pension) or any contingencies/emergencies  in future like children education or marriage or hospitalization or for any other reasons.

In case of death, 250 times the monthly basic premium  + return of premiums paid excluding the first year premium + Loyalty Bonus (Loyalty Bonus is payable in case the policy has completed 10 years or more) is payable to the nominee.

Get Protection for Self and Family Today by Investing in Jeevan Saral.

Salient Features:

1)      Minimum Age: 12 Years (Completed) to Max. 60 Years

2)      Maximum Maturity: 70 Years

3)      Term can be reduced in case you desire so

4)      Risk cover 250 times of monthly premium + Return of premium excluding first year premium + Loyalty Additions payable

5)      Loan Allowed

6)      Premium can be reduced (as per rules)

7)      Option of part withdrawals after 10 years. (There is also an option of part-withdrawals in case you require amount (as pension) or any contingencies/ emergencies  in future like children education or marriage or hospitalization or for any other reasons.

8)      Save Tax by investing in LIC under Sec 80C and Maturity Received in LIC Scheme is Tax Free under Section 10 –(10D) of Income Tax Act.

9)      Yearly, Half-Yearly, Quarterly, Monthly (ECS) Options available. No Market Risk, Money Secured and Long Term Investment 

Get Affordable Life Insurance Today.
Start Jeevan Saral today at an young age and have a peaceful retired life.

For contact details: venkatesh_iv27@yahoo.com

Retirement Planning Save for Tomorrow

Understanding the Power of Saving

Suppose your age is 40 years and expenses per month are Rs .10,000.  Assuming Inflation rate to be 6%. How much will this 10,000 be after 20 years when you are 60 years old?

Can You Imagine?

At 60, it will be 32,071------Three fold…. of what you are spending 20 years before.

So What Is Inflation!

Inflation is measured in percentage terms and refers to a sustained rise in price of goods and services.

For eg. In 1960’s you could buy a movie ticket for 20 paise and now it is costing you Rs.200.

Gold prices:

In 1960 - Rs.111

In 1970 – Rs. 184

In 1980- Rs. 1,330

In 1990 – Rs. 3,200

In 2000- Rs. 4,400 

And In 2010 – More than Rs. 20,000

That’s the effect of inflation.

So how Much Funds Will be Required in order to take care of your monthly expenses at 60?

You need to start planning from today. You may require around Rs.48,10,650 -.

In order to make Rs.48,10,650,  how much investment needs to be made every year so that you will get an income of 32,071 per month at the age of 60?

Assuming interest at 9%, you ought to make around Rs.93,807 per annum investment.

Assuming that a person makes investment of Rs.100,000 every year at the age of 40 years, he gets an amount of Rs.55,76,500 at 60 years.

100000 -------(Every Year)------------------------55,76,500

(40 Years)--------------------------(60 Years)

Assuming the person does not make an investment at 40 years but makes an investment at 45 years every year (i.e. 5 years later) he gets around Rs.32,00,000 only at 60 years.

Nil------------------100000-----(every year 100,000)-----------32,00,000

(40 Years)------(45 Years)--------------(60 Years)

A person who makes an investment of 1,90,158 (every year) at 45 gets Rs.55,76,500 at 60 years.

----------------------1,90,158-(every year)--------55,76,50
(40  years)-------- -----(45 Years)-----------------(60 Years)

But a person who invests at 41 years (i.e. Rs. 121,010 every year from 41 years) has to invest only Rs.1,21,010 to get Rs.55,76,500 at 60 years.

--NIL ------1,21,010 (every year)-----------55,76,500

(40 Yrs)---(41 Years)-------------------------(60 Years)

This shows that earlier the investment, the better the returns are at maturity.

Save, Save, Save Money should be your motive.

Plan your retirement at an young age and have a peaceful life.

For contact details: venkatesh_iv27@yahoo.com