👴 How to Use the Pension Calculator

Step 1: Enter Your Current Age

Provide your current age in years.
Example: 30

Step 2: Enter Retirement Age

Enter the age at which you plan to retire.
Example: 60

Step 3: Enter Monthly Contribution

Enter how much you plan to contribute monthly toward your pension savings.
Example: ₹5000

Step 4: Enter Expected Annual Return

Enter the expected annual return rate on your investment (in %).
Example: 8%

Step 5: (Optional) Lump Sum Withdrawal

If you plan to withdraw a lump sum at retirement, enter the amount.
Example: ₹500000
(Leave blank if no withdrawal)

Step 6: Click "Calculate Pension"

Hit the Calculate Pension button to view your estimated retirement corpus and monthly pension.

📊 What You Will Get

Total Corpus at Retirement: Your total retirement savings at your retirement age.
Estimated Monthly Pension: A fixed amount you may receive monthly for 20 years after retirement.

Note: Results are estimates. Real-world returns and conditions may vary.

Pension Insurance: Secure Your Golden Years

June 4, 2025 | IST

Pension insurance is a financial product designed to provide a steady income stream after retirement. It helps individuals plan for their future by ensuring financial security and peace of mind during their retirement years.

Why Is Pension Insurance Important?

Ensures regular income after you stop working
Protects against longevity risk — outliving your savings
Offers tax benefits and financial planning advantages
Provides peace of mind for you and your family

Types of Pension Insurance Plans

Immediate Annuities: Start payouts soon after you invest.
Deferred Annuities: Begin payouts after a specified accumulation period.
Fixed Pension Plans: Provide guaranteed fixed income.
Variable Pension Plans: Income varies based on investment performance.

How to Choose the Right Pension Insurance

Assess your retirement goals and expected expenses
Compare payout options and flexibility
Check insurer’s track record and financial strength
Understand fees, charges, and tax implications
Review terms related to death benefits and withdrawals

Benefits of Pension Insurance

Guaranteed income for life or a set period
Financial independence in retirement
Tax savings on contributions and payouts
Flexibility to choose payout modes and beneficiaries

Conclusion

Pension insurance is a smart way to prepare for retirement and ensure a comfortable lifestyle. Planning early and selecting the right plan can help you enjoy your golden years without financial worries.

Secure your future today for peace of mind tomorrow.