The biggest challenge today is living longer. Absolutely there is no support from the government and hardly any from where you work.
When everyone is finding it difficult even to bring up their kids on their education and marriage, where will they find money to save for their retirement?
Most often than not it is silently ignored. Believe me, we are entering the world wherein we need to take care of ourselves, if not no one else will do.
Opportunities are always aplenty for the next generations than what we have now. Kids are definitely smarter than us, instead of focusing on their education or marriage let us focus first on our retirement. We can then think about the rest.
I love these 3 quotes
|Freedom SIP, Choose How Much You Want and When You Want|
|No of Years||8||10||12||15||20||25|
|Monthly Pension Immediately||10,000||15,000||20,000||30,000||60,000||100,000|
|Pension Effective Returns||8.30%||8.90%||8.80%||8.90%||7.83%||7.05%|
Once you have chosen the tenure based on your age and requirement, you can comfortably expect the monthly pension that is mentioned. Most importantly, you will also get the future value mentioned (equal or more) whenever you wanted to stop receiving pension.
Considering the penetration and growth of Indian economy it is very much possible to generate more than 10% in the future as well.
This product comes with a FREE Insurance cover. This scheme protects the individual in case of any eventuality till 55 years of age, and Insurance cover will be up to 50 Lakhs.
1st Year it would be 10 times of your SIP Value (up to 12 Months), 2nd Year it is 50 Times (13 months till 24), 3rd Year it is 100 times (25th month onward till one reaches 55) during the investment period they have opted.
Last but not the least, Self-care is not SELFISH. You cannot serve from an empty Vessel. Let us take this year 2020 to first protect ourselves that will enable us to protect our family too.
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