Complete guide on New Pension Scheme (NPS) in India

New Pension Scheme (NPS) in India

Complete guide on New Pension Scheme (NPS) in India Govt. of India launched new pension scheme (NPS) in Apr 2009. NPS scheme has out beaten even equity markets and provided returns of 12% to 14% in 2012-13. Several people call with various names such as NPS, National Pension Scheme, National Pension system, New Pension scheme and New Pension system. Whatever name you call, NPS scheme is launched with an aim to promote security of income to Pension fund subscribers in old […]

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SBI Pension Plan Scheme-Annuity Plus

SBI Pension Plan Scheme-Annuity Plus

SBI Pension Plan Scheme-Annuity Plus SBI Life Annuity plus is traditional non-participating pension plan scheme. SBI Pension Annuity Plus offers annuity option with various flexibility features. After retirement, income of an individual stops and expense continues. Medical expenses need to be incurred. During that time, income from pension offers some kind of security to the retired individual to maintain similar standard of living. In this article we would discuss about SBI pension plan scheme-Annuity plus. Features of SBI Pension plan […]

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7 Ways to Invest Retirement Money in India

7 Ways to Invest Retirement Money in India

7 Ways to Invest Retirement Money in India Every individual worries about their retirement planning. At the retirement stage all financial goals would have been achieved. Income has stopped and expenses have inflated. Retirement corpus is received from various sources like Provident Fund, Gratuity, PPF and insurance policies matured. But one question remains in mind is where to invest such retirement money? Are there any best ways to invest such retirement money in India? In this article we would focus […]

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5 ways of financial planning for retirement

Ways of financial planning for retirement;  Why retirement planning important to us; Endowment plans for retirement planning; Retirement / Pension plans

5 ways of financial planning for retirement How many of us are doing financial planning for retirement? As per a study conducted in India, only 10% of the individuals are creating a corpus for retirement planning. Majority of individuals are thinking about retirement planning, just 5-6 years before the retirement age. Why retirement planning is important to us Every individual wants to have financial independence after retirement. However when individual’s income is under sun-set, raising medical expenses, emergency money requirement […]

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Best investment options for senior citizens in India for 2013

Best investment options for senior citizens in India for 2013

Best investment options for senior citizens in India for 2013 What are the good investment options available for senior citizens in India.  Who is a senior citizen I am referring here Senior citizens have completed 60 years of age and majority of his/her income sources are reduced or stopped, but the expenses are increased. The expenses can be medical expenses or regular monthly expenses. What is important for senior citizens from investment perspective? Protection of capital Easy liquidity of funds Regular […]

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Best Pension Plans in India for 2013

Best Pension Plans in India for 2013

Best Pension plans in India for 2013 Retirement planning is important for every individual. While you move to you older age, your income would reduce to zero, but your expenses would shoot up. Hence it is important for you to plan for your retirement ahead of time while you are earning money. Pension plans would  provide an option for the individual to live independent life after his/her retirement. Pension plans in India Pension plans is one of the good investment […]

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