Life Goals Loading…

    4

    Notifications4

    • Get Life Cover worth Rs.1 Crore at Rs.18 per day2 – Bajaj Allianz Life Smart Protect Goal

      PLAN NOW
    • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

      PLAN NOW
    • Life Insurance Term Plan with Return Of Premium

      WATCH NOW
    • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

      KNOW MORE

    Looking for a Term Plan?

    Get Exclusive Discount on online purchase^

    Have us call you

    Please enter a Name
    Please enter a Mobile No.

    ^3% Discount is available for regular premium and limited premium payment frequency under all variants of Bajaj Allianz Life Smart Protect Goal A Non Linked, Non-Participating Pure Life Term Insurance Plan.

    Please select a option
    Please select a option

    Thanks for sharing your details, A Sales representative from
    Bajaj Allianz Life will contact you shortly.

    Dear Customer, we request you to connect with us in our next business working hours, (Monday to Saturday 24*6) Thank you, Have a great day ahead

    Have Us Call You

    Get your Life Goals Done

    Have us call you

    Please enter a Name
    Please enter a Mobile No.
    Please select a option

    How To Fulfil Your Retirement Life Goals

    Fulfil Retirement Life Goals

    How To Fulfil Your Retirement Life Goals


    calender-blue

    March 03, 2020

    By : Bajaj Allianz Life

    Retirement planning plays a significant role in providing you with a stress-free lifestyle after retirement. Whether you’re a salaried employee or an entrepreneur, early retirement planning is something that one needs to think of to ensure a secure future post retirement.

    A working individual has tons of responsibilities and pressure to get his job done. When he is at the peak of the career, he might tend to sacrifice his aspirations. Therefore, a majority of people prefer an early retirement to achieve their goals.

    Below is the list of some of the life goals people desire to fulfil after retirement:

    1. Travel Goals

    Do you remember when you were browsing stunning foreign destinations while sitting at your workstation? It is natural to feel a tad bit envious of such people since it might be impossible to take long vacations due to limited leaves and work pressure. On retirement if one has created the required corpus to lead the desired life, you can fulfil your dream of travelling around the world without worrying.

    2. Pursuing your hobbies

    A lot of people might give up their dreams to support their families. However, an individual can start from where he has left after retirement. If you have planned well, you would be able to achieve the particular life goals. For instance, you could pursue your aspirations like photography, having your own start up, etc.

    3. Building your dream home

    Every individual has a personal sentiment for his/her house. While many people have their houses, the rest of them might live in a rented house. Such people can turn their dream of building their dream house into reality.

    An individual must have adequate resources to turn his dreams into reality. Retirement investment plans provide a steady source of income to the policyholders. These policies cover your routine expenses as well as maintain your standard of living. Go through these top three retirement benefits mentioned below:

    Benefits of retirement plans:

    1. Steady Income flow

    A policyholder requires a steady flow of income during his retirement. The pension amount acts as income replacement during retirement. It helps the policyholder to meet his daily expenses as well as look after his medical needs. Moreover, it ensures that an investor lives a stress-free life in the future.

    2. Tax benefits

    One of the major benefits granted by a retirement plan is the tax benefit. Under Section 80CCC of the Income Tax Act, 1961, the premium of a retirement pension is eligible for tax deductions. Moreover, the policyholders receive up to a third of a lump sum amount at the vesting age. The amount obtained on the vesting age is tax-free under Section 10(10A). The tax benefits are subject to provisions of Income Tax Act, 1961, as amended from time to time.

    3. Power of compounding

    An investor can utilize the benefits of the power of compounding by purchasing a plan early. The earlier the purchase, the more the benefits of compounding. Therefore, a policyholder should buy a pension plan when he/she is young. With early investment, probability of higher returns is more.

    To sum up, retirement is a universal concept. In India, the usual retirement age is between 55-60 years. Today, millennials i.e. the young India have a different perspective. Early retirement is what they are planning for to ensure they can pursue their passion. Fulfilling their life goals is the top-most reason for early retirement. Retirement planning and investment in pension plans are few of the factors that help in ensuring a safer retirement lifestyle.

    Bajaj Allianz Life Videos

    Video Icon

    Smart Protect Goal | Pay For 5 Years, Get Term Insurance Coverage For Life | Bajaj Allianz Life

    Video Icon

    Happy Independence Day 2020 | #IndiaSolveKarteJaa | Bajaj Allianz Life

    Video Icon

    Flexi Income Goal – Variants, Features, Benefits Explained

    Video Icon

    Why Choose Bajaj Allianz Life To Help Get Your #LifeGoalsDone?

    Video Icon

    #DostiWithDad - Happy Father's Day | Bajaj Allianz Life | Life Goals Done

    Video Icon

    Covid-19 Survivor Story | Bajaj Allianz Life Smart Protect Goal | Bajaj Allianz Life

    Video Icon

    Lage Raho India - Keep getting your #LifeGoalsDone

    Video Icon

    Don’t Let COVID-19 Lockdown Get in The Way of Your #LifeGoals

    Video Icon

    Coronavirus (COVID-19) Advisory Video #DooriHaiZaroori

    Video Icon

    Coronavirus COVID-19 impact on markets - CIO Commentary | #KeepCalmStayInvested

    Video Icon

    Bajaj Allianz Life Leadership Team | #PlankForIndia

    Our MD & CEO, Tarun Chugh launches #PlankForIndia campaign and planks with Sanjiv Bajaj MD & CEO, Bajaj Finserv and Chairman Bajaj Allianz Life & the rest of the group leadership team.

    Video Icon

    #PlankForIndia | Bajaj Allianz Life

    Bajaj Allianz Life will contribute to the training and development of India's future sports stars. Come together to Plank for Good Health, PlankforIndia.

    Video Icon

    #PehlaDinPehlaResolution

    #PehlaDinPehlaResolution | Happy New Year | Smart Protect Goal | Bajaj Allianz Life

    Video Icon

    Bajaj Allianz Life Goal Assure

    Bajaj Allianz Life Goal Assure - A ULIP Investment Plan To Achieve Life Goals

    Video Icon

    Valentine's Day

    Valentine's Day

    Video Icon

    Bajaj Allianz Health Care Goal

    A Comprehensive Health Insurance Plan with Critical Illness Cover | Bajaj Allianz Life Health Care Goal

    Video Icon

    #36SecPlankChallenge video

    Promote Healthy Living for a Better Tomorrow with our #36SecPlankChallenge

    Contact Us

    Bajaj Allianz Life Insurance Company Ltd.

    Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra

    Tel No: 020-66026773

    Fax No: 020-66026789

    Branch Visit Timings:

    Weekdays - 9:00 AM to 3:30 PM

    Customer Care Helpline:

    1800-209-7272

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    For NRI: +91 20 67871700 (Call charges apply)

    Monday to Saturday 9.00 AM to 7.00 PM (IST)

    Sales Enquiry Helpline:

    1800-209-4040

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    For NRI: +91 20 67688888 (Call charges apply)

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    Find Us Online