Why it is important to have a regular pension after retirement?

1. Generally people do not even think of retirement & pension when they are young.

But time  passes very fast & we suddenly realize that we are ageing.

As longevity of life is increasing we may live longer.

Most of the people in our known circle are living upto 80 years and more.

Ofcourse they are living with medicines for diabetes and BP.

The avarage cost for health maintenance will be around 25,000 to 30,000/ p.m.

Leave aside hospitalization.

2. If you don't have monthly pension it will be very difficult to survive.

Your children may be established at that time, but you may not like to ask them for monthly maintenance.

If you have understandable children you are fortunate otherwise life will be jeopardized.

3. If you have properties which can get you monthly rent, it's good, but sometimes due to unknown conditions like COVID 19 etc, you may not get regular rent instead you might have to pay society charges every month.

In ordinary days also in your old age it's very difficult to maintain the property, because tenants will be changing frequently, you got to take care of their complaints & house repairs.etc.

Your children might not have time to look after the property due to their busy commitments.

4. Can't depend on bank interest rates as they will be fluctuating frequently.

Economists predict that the furure rate will be less than 4%.

Wouldn't you be happy if you get regular monthly income that's credited to your bank directly without anybody's involvement?

You can use that amount by a click of the button of your mobile phone and can  order medicines, daily needs &  everything you need.

*That's why  everyone must own LIC'S Jeevan ShantI pension plan, the best pension plan in the market offering guaranteed, regular pension.*

There are two annuity options available

On your investment

1. Immediate annuity

2. Deferred annuity

In immediate annuity you will start getting pension immediately.

In deferred annuity you can commence your pension after next 5 yr or 10 yrs etc.

The plan may close soon, rate of returns may be reduced, 

*hence I request every one to plan for jeevan shanthi and live in  full of shanthi.*