UPDATED: April 2022 | Discover the Top Pension Plan in India That Ensures Maximum Savings – Every Paisa Counts

by | Oct 30, 2023 | Retirement Annuity | 17 comments

UPDATED: April 2022 | Discover the Top Pension Plan in India That Ensures Maximum Savings – Every Paisa Counts




Which is the Best Pension plan in India in 2022 for Immediate and we all as Deferred Annuity? A number of pension plans exist in the market but which one is the best is something difficult for us to find and this video will hopefully help you in answering the same.
I have compared multiple plans across different Annuity providers to help you make an informed decision.

2022 में भारत में सबसे अच्छी पेंशन योजना कौन सी है? बाजार में कई पेंशन योजनाएं मौजूद हैं, लेकिन कौन सी सबसे अच्छी है, इसे खोजना मुश्किल है और उम्मीद है कि यह वीडियो आपको इसका उत्तर देने में मदद करेगा।
मैंने आपको एक सूचित निर्णय लेने में मदद करने के लिए विभिन्न वार्षिकी प्रदाताओं में कई योजनाओं की तुलना की है।

(MOST IMPORTANT – Please NOTE that these Excel file DO NOT CALCULATE PENSION based on your age and other data. It only is a guidance on how you can calculate the returns on PENSION PLAN)
✅ Download FILE (Read Only Version) – (April 2022 UPDATED!!!)
✅ Download FILE (Editable Version) – (April 2022 UPDATED!!!)

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The following Pension Plan Schemes have been compared in this Video with data as of 5th April 2022:

Immediate Annuity Plans
———————–
PMVVY
LIC Jeevan Akshay VII
LIC Saral Pension
HDFC Life New Immediate Annuity Plan
HDFC Life Pension Guaranteed Plan
ICICI Pru Guaranteed Pension Plan
HDFC Life Pension Guaranteed Plan
PNB MetLife Immediate Annuity Plan
Tata AIA Fortune Guarantee Pension
Tata AIA Smart Annuity Plan

See also  Insights from Warren Buffett on Pension Funds

Deferred Annuity Plans
———————-
LIC Jeevan Shanti
HDFC Life Pension Guaranteed Plan
ICICI Pru Guaranteed Pension Plan
HDFC Life Pension Guaranteed Plan
Tata AIA Fortune Guarantee Pension
Tata AIA Smart Annuity Plan

Chapters
————–
00:00 Intro about Pension Plans in India
01:37 Parameters used in the Sheet
04:29 Immediate Annuity Plan Comparison
07:34 Returns of Immediate Annuity Plans
09:15 Deferred Annuity Plan Comparison
10:21 Returns of Deferred Annuity Plans
13:25 How will I choose a Pension Plan?
15:11 Important Point about Deferred Annuity Plan

Some Helpful Playlists –
📺 PENSION PLANS –
📺 INSURANCE PLANS –
📺 INVESTMENT PLANNING –
📺 TAX PLANNING –
📺 GUARANTEED RETURNS –

Books I Love –
📖 I Will Teach You to Be Rich –
📖 Rich Dad Poor Dad –
📖 Think and Grow Rich – (English)

All videos/comments and all other forms of communication are for educational purposes only and should NOT be considered INVESTMENT ADVICE. Any individual shall NOT be held liable for any loss suffered in any form by a student/youtube viewer/member of the public. Any information provided through our videos/classes/comments/social media posts or any other form must NOT be considered Investment advice.

#pension #retirement #everypaisamatters #retirementplanning…(read more)


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BEST Pension Plan in India – April 2022 UPDATE | Every Paisa Matters

Planning for retirement is crucial to ensure financial security in the golden years of one’s life. With the rising lifespans and increasing inflation rates, it has become even more essential to have a reliable pension plan in place. In India, there are several pension plans available, but finding the best one can be overwhelming. However, with the April 2022 update, Every Paisa Matters is here to guide you through the top pension plans in India.

See also  What Exactly is an Annuity?

1. National Pension Scheme (NPS):
The National Pension Scheme is a government-initiated pension plan that offers a range of investment options and flexibility to the subscribers. It is a market-linked scheme and allows investors to invest in different asset classes such as stocks, bonds, and government securities. The NPS has consistently delivered good returns over the years, making it an attractive option for retirement planning.

2. Atal Pension Yojana (APY):
Atal Pension Yojana is a social security scheme introduced by the government to ensure a regular income for individuals in the unorganized sector. It offers a minimum guaranteed pension ranging from ₹1,000 to ₹5,000 per month, depending on the contribution made and the age of entry into the scheme. APY is a viable option for those who are looking for a fixed income after retirement.

3. LIC Jeevan Akshay-VI:
LIC Jeevan Akshay-VI is a popular pension plan offered by Life Insurance Corporation of India (LIC). It is a single-premium immediate annuity plan that provides a regular income to the policyholder throughout their lifetime. The plan offers several annuity options, including the option to receive a joint-life pension, ensuring financial security for the spouse as well.

4. HDFC Life Click 2 Retire:
HDFC Life Click 2 Retire is an online pension plan that allows individuals to plan their retirement in a hassle-free manner. It offers the flexibility to choose the retirement age, premium payment term, and the annuity frequency. The plan also provides the option to receive a lump sum amount on retirement or a regular income through annuity payouts.

5. ICICI Pru Easy Retirement:
ICICI Pru Easy Retirement is a unit-linked pension plan that helps individuals build a corpus for their retirement. It offers a choice of investment funds to suit different risk appetites and provides the flexibility to switch between funds to maximize returns. The plan also offers loyalty additions and wealth boosters to enhance the retirement corpus.

See also  Pension | Retirement Pension | Types Of Pension | Types Of Employee Pension | Pension Rules | NPS

When choosing a pension plan, it is important to consider factors such as the annuity options, flexibility, fund performance, and charges involved. Every Paisa Matters recommendation takes into account these factors to provide the best options for a secure and comfortable retirement.

Remember, starting early and investing regularly in a pension plan can make a significant difference in building a substantial retirement corpus. So, analyze your needs, consult a financial advisor if required, and choose the best pension plan that suits your requirements.

Disclaimer: The views and recommendations mentioned above are personal opinions and should not be considered as financial advice. It is advisable to do thorough research and consult a financial advisor before making any investment decisions.

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17 Comments

  1. Venkata Chalam

    Why u had not considered Aditya Birla Aviva and other insurance companies

  2. PRINCE AND PALAK

    Jeevan umang vs Max life swag,Baja assured income,kotak life assured income sabko compare kijiye

  3. Anoop Kuttat

    Do you recommend SBI smart retire plan?

  4. Kallal Pramanik

    Sir, as interest rates are better now, do you see value in refreshing this wonderful video?

  5. AWR Empire

    Mera age 34 hai aisa pensions plan bataeye fix deposit 20 years ke baad pension mile mujhe

  6. Debasis De

    Latest lic Shanti increased pension w.e.f 05.01.2023. what's the comparison then

  7. Ajay Arora

    Ram Ram ji

  8. Manish Mehta

    Date 05 /01/ 2023
    All pension plan rate will be change . Please update New Rate

  9. MDAN37

    Amit Bhai bataiye ki HDFC ka sampoorn nivesh kaisa hai safe hai kya. 5 year wala monthly 3000 ka

  10. dinesh motwani

    India first ka pention plan ke bare me bataye please

  11. Kishor Shinde

    Great informative video. People should watch this before buying annuities.

  12. Bhagbati Nayak

    Nice explanation . thank you

  13. Anshul Jain

    Also sir you I am looking for pension plans for immediate effect not deferred one

  14. Anshul Jain

    Hi : Can you pls update abt LIC Jeevan Shanti Plan with same comparisons

  15. Arunabrata Saha

    Your presentation was based on interest rate Apr 2022. In last 6 months interest rate had increased. In Oct 22 what should be the best single premium immediate annuity from return point. My Age 54. I have other sources of income

  16. m singh

    make video where you can avail max retirement plan

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