Retirement planning helps ensure a regular stream of income and financial independence during post-retirement years.
1
Estimate Expenses
Calculate the amount required for a comfortable retired life. Include daily living expenses, inflation, and increasing healthcare costs.
2
Know Your Retirement Corpus
Understand the lump sum amount you may receive at retirement such as EPF, gratuity, leave encashment, etc.
3
Choose Right Investment Options
Diversify investments across different retirement products to reduce dependency on one source of income.
4
Start Early
Early investing allows you to benefit from the power of compounding and create a larger retirement corpus.
🏦 National Pension System (NPS)
A voluntary retirement savings scheme regulated by PFRDA.
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💰 Public Provident Fund (PPF)
Safe long-term investment option with tax-free returns and 15-year lock-in.
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👴 Senior Citizen Savings Scheme (SCSS)
Government-backed investment option designed for senior citizens above 60 years.
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📜 PM Vaya Vandana Yojana
LIC pension scheme that provides regular pension income for senior citizens.
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🏠 Reverse Mortgage
Receive regular income against your residential property while continuing to live in it.
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