Pension of Rs 50 thousand can be availed by investing in some plans including APS. So that life can be lived properly after retirement.
Pension Plan: Everyone knows the importance of pension after retirement. For which the government, banks and insurance companies are also running many schemes. But it is not necessary to like every plan. There are some people who cannot survive even with a pension of Rs 10-20 thousand. In such a situation “Where to invest? ” Becomes a big question. Here are some such plans, by investing in which you can get a pension of up to Rs 50 thousand. The amount of pension in these plans depends on the investment.
National Pension Scheme (NPS)
National Pension Scheme is at number one in this list. It is also considered a safe way of investment, because it is operated by the government. Suppose if a person starts investing at the age of 30 and gets a return of 10%. In such a situation, by depositing around Rs 11 thousand every month for 30 years, a person can create a fund of Rs 40 lakh to Rs 2.5 crore. After attaining the age of 60 years, he gets a pension of up to Rs 50 thousand along with 6% annuity every month.
Annuity plan is also a better option
Annuity plan can also become a suitable option for investment. By investing in this, you get pension after retirement. So that people can meet their expenses. Annuity plans also have two types: immediate annuity and deferred annuity. LIC Jeevan Nidhi, LIC Jeevan Shanti, PM Vaya Vandana Yojana are also included in the list of such plans. You can get a pension of Rs 50 thousand from LIC Jeevan Shanti Scheme.
Select ULIP plan
Unit linked insurance plan can also become a better investment option to get a big pension. Bajaj, HDFC, etc. platforms offer ULIP pension plans. It is related to market profits. Also claims fixed pension after retirement. If someone starts investing at the age of 25, he can avail the benefit of monthly pension of Rs 40-50 thousand after completing 55 years of age.
Get pension of Rs 50 thousand from mutual fund
Maximum pension can be availed by investing in Mutual Funds. However, there is some risk in this also. This would also be a market linked investment plan. If a person invests Rs 12 thousand every month in SIP for 20 years, then with 12% return he can create a fund of Rs 1.2 crore and after retirement, a monthly income of up to Rs 50 thousand is guaranteed.
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