What is Retirement Plan?
Retirement planning requires you to make contributions into a pool of funds which are set aside for your secure future. This pool of fund is invested by the insurer on your behalf and the earnings on the investment generate income on your retirement. This enables you to live a blissful retirement life.
For your retirement plan, there is ample number of pension plans available in the market. These plans vary from one another. Retirement plans are basically an investment or saving tool to provide for your future retirement needs.
Why do you need Retirement Plan?
Today, life has become uncertain and we don't know what the next moment has in store for us. It is better to lead a healthy and secure future than an unstable one. Retirement Pension plans help you save today for a bright and stress free tomorrow.
All the miscellaneous expenses post retirement; be it a vacation or your will to pursue your hobby can be covered with this plan. One can be rest assured that he/she would receive the benefits of the plan and live the peaceful retirement plan they deserve. Retirement Pension plans also gives you the financial independence and keeps your life going with the amount you receive on a monthly basis.
Retirement Plans By ABSLI
ABSLI Empower Pension Plan
Linked insurance products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to withdraw/Surrender the monies invested in Linked Insurance Products completely or partially till the end of the fifth year from inception. Retirement is the time of life when the worries of working...
ABSLI Immediate Annuity Plan
You strive hard all your life to ensure you have enough money for a comfortable life after retirement. While your income stops, your expenses don't. With increasing life expectancy and rising medical costs, the need to have an alternate income after retirement is important...
ABSLI Empower Pension- SP Plan
The linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year. Your retirement years are your second innings...