Birla Sun Life Insurance Immediate Annuity Plan
Life annuity at uniform rate. Lifetime Annuity and Return of 100% of Purchase Price. Annuity guaranteed for 5 or 10 or 15 or 20 years and after that payable for the entire life.
Moreover, which is the best retirement plan in India?
Top 10 Pension Plans in India
- LIC Jeevan Akshay 6 Plan:
- LIC Jeevan Nidhi Plan:
- SBI Life Saral Pension plan:
- HDFC Life – Click2Retire:
- HDFC Life – Assured Pension Plan:
- ICICI Pru – Easy Retirement:
- Reliance – Smart Pension:
- Bajaj Allianz – Pension Guarantee:
| Fund Name | 3-year Returns(%)* | 5-year Returns(%)* |
|---|---|---|
| Aditya Birla Sun Life Gold Fund | 23.67% | 15.97% |
| Aditya Birla Sun Life Government Securities Fund | 12.56% | 11.18% |
| Aditya Birla Sun Life Income Fund | 10.99% | 9.59% |
| Aditya Birla Sun Life Corporate Bond Fund | 10.37% | 9.41% |
Beside above, what is the best retirement plan in Philippines?
5 of the best retirement fund methods in the Philippines
- Pension Plans. Pension plans provide you with monthly allowances or a whole lump sum amounting to your total contributions. …
- PERA. The Personal Equity Retirement Account (PERA) has been fully implemented by law in 2016. …
- Insurance Plans. …
- Financial Funds. …
- Real Estate.
Is Aditya Birla term insurance good?
0.5 4.5/5 “Excellent!” I had taken a Life insurance from Birla sun life insurance . It has good benefits with accidental coverage and critical illness coverage with normal premium amount . The policy coverage is 60 years with tenure period of 20 years .
How can I cancel my Aditya Birla Life Insurance Online?
Surrender Policy
- Original policy documents.
- Canceled cheque with the policyholder’s name on it.
- In case the canceled cheque does not have a pre-printed name, account number, or a new account is mentioned on the cheque, then the passbook copy/bank statement having the pre-printed name and the account number is required.
How can I get 50000 pension per month?
First take the case of immediate annuity: For a pension of Rs 50,000/month (or Rs 6 lakh/annum), you will have to invest around Rs 70 lakh at the age of 60 in the LIC plan. At the age of 50, you will need to invest at least Rs 80 lakh for Rs 50,000/month pension.
Is 50 lakhs enough for retirement?
Naveen Kukreja, CEO and Co-Founder, Paisabazaar.com replies, “Follow the bucket strategy for generating your post-retirement income. Invest at least Rs 50 lakh of the corpus in ultra short-term debt funds for 7 years and withdraw monthly through SWPs. Invest the rest of the corpus in equity funds to ensure growth.
Which plan is best for retirement?
Best Pension Plans in India 2021
| Pension Plans | Entry Age |
|---|---|
| HDFC Life Personal Pension Plus | 18 years -65 years |
| ICICI Pru Easy Retire Pension Scheme | 35 years – 70 years |
| ICICI Pur Easy Retirement Plan | 35 years-75 years |
| India First Annuity Plan | 40 years- 80 years |
Which SIP is best for 5 years?
Best SIP Plans for 5 Years in Equity Funds
- Axis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance. …
- ICICI Prudential Blue chip Fund. …
- SBI Blue chip Fund. …
- Mirae Asset Large Cap Fund. …
- SBI Multicap Fund.
How can I make 10 lakhs in 5 years?
To create a corpus of Rs 10 lakh in five years, with a monthly investment of Rs 11,000, you need to invest in those schemes that generate 17 per cent returns on a compounding basis.
Which SIP is best for 1 year?
Top 10 Best SIP plans for 1 year-
| Investment | Returns in 3 Months | Returns in 1 Year |
|---|---|---|
| ICICI Prudential Ultra Short Term Fund | 1.2% | 7.7% |
| India Bulls Ultra Short Term Fund | 1.2% | 6.8% |
| Kotak Savings Fund | 1.1% | 6.9% |
| BOI AXA Ultra Short Duration Fund | 1% | 6.7% |
Can I retire at 55 with 300K?
The basics. If you retire at 55, and the average life expectancy is around 87, then 300K will need to last you 30+ years. If it’s your only source of retirement income, until the state pension kicks in at around 67/68, then you are going to have to budget hard to make it last.
Is Pera a good retirement plan?
So, how good is PERA? It’s great in-and-of-itself, but it also allows you to be more successful with the rest of your investments as well. Please consider incorporating the affordances that your PERA benefit allows you in the rest of your financial planning.
How much do I need to save for retirement Philippines?
If you’re just starting to save for retirement in your 30s, you may want to save a little more than 15% of your monthly income to reach your goal. For example, if you earn PHP 40,000 a month, PHP 6,000 will go to your retirement fund. That’s PHP 72,000 annually and about PHP 1.44 million in 20 years.