Points to Confirm Before Buying a Pension Plan

Retirement plans are illiquid investment vehicles and once you buy one it is quite costly to make an exit. A retirement plan is a long-term contract and if you exit prematurely you will only get the Surrender Value and it depends on the type of plan you choose to invest in. Hence, before buying a Pension plan you need to…

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Importance of Retirement Planning

As people tend to live longer now retirement life is almost as big a phase as the other phases in life. Retirement is not about sitting idle and worrying about one’s health but it is rather a phase when you are reborn and you can live your life the way you want. It is that point in life when you…

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Retirement Plans Help Secure Your Future in Advance

Retirement is a new phase that offers a new lease of life to an individual and is a transition from a lifetime of work to getting a respite. It is the time period when the retired person gets to enjoy and dwell in the small pleasures of life which were always left in the backburner. As someone rightly said, Life…

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Retirement Plans or Endowment Plans, Which Option is Good?

Retirement plans play an important role in an individual’s financial preparation as he or she steps towards retirement age. There are decisions involved in retirement planning, and so are questions about those decisions. After all, decisions in retirement planning have a direct impact on claims, and it is only natural that you would want to set things right at the…

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Tips to Choose the Best Pension Plan

There is no right age to start planning for retirement planning, the earlier the better. You have to be wise and prudent in choosing the right Pension plan that meets your financial requirement after retirement. This comes with research and experience alone. Be your own fund manager for your pension portfolio. How much do you need for retirement? Based on…

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