How the 25x Rule Can Help You Save for Retirement
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Table of Contents
Understanding the 25x Retirement Rule
How to Apply the Rule of 25 for Retirement
Advantages of the 25x Rule
Limitations of the 25x Rule
Conclusion
About Author
FAQs
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Disclaimer
Source:
https://www.livemint.com/money/personal-finance/retirement-planning-how-can-the-rule-of-25-help-estimate-your-retirement-corpus-need-11704446483602.html#:~:text=The%20rule%20of%2025%2C%20also,your%20targeted%20annual%20retirement%20expenses.
1 Guaranteed Annuity Plus Plan, Annuitant -Health Male: Age 45 years | Annuity Option: Deferred Life Annuity with Return of Premium | Premium payment term – Limited pay (5 years) | Purchase Price: Rs. 10,00,000/ year for 5 years | Deferment period: 15 years Annuity Pay-out Frequency: Annual | Single life. Get Rs 6,94,936/- (Exclusive of taxes) from the end of 15 years, every year till annuitant is alive.
3 Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details
ABSLI Guaranteed Annuity Plus Plan is a Non-Linked, Non-Participating, General Annuity Plan (UIN: 109N132V09).
# Provided all due premiums are paid.
ADV/4/24-25/81
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