Shri Ram - Pension and Retirement Plans

What it is

Retirement plans help build a retirement corpus and may provide regular income through annuity or pension benefits after retirement.

Best for

• Salaried employees
• Self-employed professionals
• People without a traditional pension

Advantages

✅ Regular income after retirement
✅ Helps maintain lifestyle post-retirement
✅ Encourages retirement-focused savings

Example

Someone saving from age 35 may accumulate a retirement fund that later converts into periodic income.

Important

The earlier retirement planning starts, the lower the financial burden typically is.