Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program, and managing assets and risk.
Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program, and managing assets and risk.
"In case you are not there to hold him make sure you leave a safety net for him"
| Eligibility Criteria | Minimum | Maximum |
|---|---|---|
| Purchase Price | Rs.1,50,000/- | No Limit |
| Pension | Rs.1,000 Monthly,Rs.3,000 Quarterly,Rs.6,000 Half-Yearly,Rs.12,000 Yearly | No Limit |
| Age | 30 Years (Last Birthday) | Immediate Pension,85 Years except Option F,100 Year for Option F,Deferred Pension,79 Years |
| Deferment Period Applicable only for Deferred Pension | 1 Year | 20 Year |
| Vesting Age Applicable only for Deferred Pension | 31 Year | 80 Year |