Bajaj Allianz Retirement Plans
Your date of retirement is closing in. You want something that gives you and your spouse an assured income long after you're retired.
"A plan that enables you to retire with laughter lines... not worry lines."
Essence of Retirement Planning
"Retirement is when you stop living to work and start working towards your happy living." Financial barriers may occur when you retire as a regular inflow of income comes to a halt. With growing needs and changing lifestyle patterns the more you save the lesser it is. Therefore, choosing a suitable retirement plan will make you financially sound even in the later days of your life. A retirement plan is a future assurance that you no longer need to worry about any stable source of income when you permanently retire from your job. A good retirement plan helps you to live with pride without comprising on your living standards.
What is a Retirement Plan?
A retirement plan is a systematic savings and investment plan that will help you organise your finances and prepare for your retirement. With rising expenses and inflation, it stands to reason that by the time you retire, the corpus needed to maintain your lifestyle will be a verge one.
Building such a corpus requires time and discipline. A retirement plan helps you keep to a strict savings path, accumulating wealth and making it grow through your working years, so that when you retire, you can retire rich.
The basic idea is to invest part of your incomes in a plan which further invests it in financial mediums to give you the best returns. While most of the individuals have started choosing a retirement plan for future savings many are still late to warm up to the idea of setting up a retirement investment fund. The right way to decide your estimates and projections for a retirement plan will be determining your age of retirement.Remember the earlier you start planning and saving, the better and bulkier are the returns. Ideally mid 30s and late 30s is a sound time to start building an efficient retirement plan.
Frequently Asked Questions and Support
The returns as indicated in the Sales Illustration are only illustrative and they are not guaranteed. The illustrative returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance.
The results displayed in the calculators are based on certain assumptions about the rates of return. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance.