A Unit-Linked Pension Plan
"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.
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.
At Bajaj Allianz Life Insurance, we believe in putting the needs of the customer first, always. We take the time to understand your current lifestyle and your life goals, and work with you steadily to build a secure and comfortable retirement plan for your future. Our plans are geared towards helping you do so without sacrificing your needs of today.
One of the best ways to create a good retirement plan for living an independent life even when you retire is choosing Bajaj Allianz Life Insurance policies . Having a retirement plan in place will help you fulfill all those dreams that you aspire during your hard working days.
With Bajaj Allianz, you can keep following your passion, even as you protect your future. An effective way of availing beneficial facilities would be purchasing the retirement plan online.
The important goal or aim of retirement planning is to have a secure and financially independent.
Today you have a wide variety of life insurance products to choose from.
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Insurance is the subject of the solicitation. For more details about risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. Please note that the name of the Bajaj Allianz product/plan does not indicate the quality of the insurance contract and its future prospects or returns. Investment in ULIPs is subject to market risks associated with capital markets. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Service tax and education cess will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.
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.