There are several benefits of retirement planning early in life that you must not overlook. You can develop a habit of saving your money efficiently for the future when you have a clear idea of the objective.
You may have several dreams for your post-retirement life. With a little retirement planning in advance, you can fulfil your post-retirement goals while maintaining the same lifestyle. With rising inflation, the cost of all products and services is increasing.
A retirement plan is designed to take care of your post-retirement days and help you lead a stress-free life. One such type is a retirement savings plan, which helps to grow your money and provide a regular income for life. Such plans help you set aside some amount towards your retirement while you are still working.
We can help you find out the amount you would require in a matter of seconds with our pension calculator. Just answer a few basic questions on your income, age, the number of years till you want to retire, and the premium amount you want to invest.
You may consider the below steps to plan for your retirement and achieve your financial goals:
You may consider buying a retirement annuity plan that provides you with a fixed income for life. Plans like ICICI Pru Guaranteed Pension Plan Flexi provide you with guaranteed income that is fixed at the time of the purchase of the plan. This income is paid to you throughout your life.