Money Multiplying News

Dated: 1- 15 May, 2022 Redg. No. RNI 21891/70 Vol. 47 No. 9/Delhi

Life Insurance

In the Uncertain World of Falling Interest Rates, gift yourself the Guaranteed Retirement Income with NEW AGE ANNUITY PLANS

Presenting ICICI Prudential Life Insurance-Guaranteed Pension Plan Flexi

About the Plan: A Non-Linked, Non-Participating Annuity Plan. Your retirement years are your second innings, a new life where you leave behind your working life and take time for yourself. To have a worry-free retirement, you need to plan right so that you can truly enjoy your golden years. Presenting the ICICI Pru Guaranteed Pension Plan Flexi, which is a regular pay annuity plan along with the best annuity rates. This product brings you an entire range of innovative features that are first in the industry, like Booster payouts, Waiver of premium in case the primary annuitant passes away during the premium paying term, liquidity in case of a medical emergency, and more.

Journey so far: Retirement Planning through a Single Pay Policy only

? Immediate ? Deferred

Now in the year 2022, Limited pay is the new buzz, with more flexible options in the pension plans. Do check out the exclusive features of new age annuity plans.

• No Burden on the Joint Life to pay future premiums if the Primary Annuitant passes away in the annuity paying period as a Waiver of Premium Benefit is available.
• Periodic Lump Sum Booster Payouts are available along with an annuity to meet dreams and aspirations post-retirement
• Considering aging concerns post-retirement, early ROP is available in terms of Accelerated Health Boosters to fulfill retirement life.
• Top-up facility available during deferment period anytime to increase annuity
• Loan facility to address liquidity and health-related concerns.

Get a Grip on your Retirement with Protection & Wealth Creation for Dignified Post Retirement Life for Self and Spouse through ICICI Pru Guaranteed Pension Plan Flexi-Pay Rs 41,667 monthly for 10 years, wait for 5 years and get annuity payouts of Rs 4,61,153 annually to the primary and, after that, the secondary annuitant for Life with 50 lacs as return of premium on the secondary annuitant’s demise.

7 Annuity options - The common feature across these 7 options is that they allow you to pay regularly and get a lifelong guaranteed income from the date of your choice.

? Single Life with Return of Premium

? Joint Life with Return of Premium

? Single Life with Booster Payouts

? Single Life with Accelerated Health Boosters

? Single Life with Return of Premium (ROP) on Critical Illness (CI) or Permanent Disability due to Accident (PD) or Death

? Single Life without Return of Premium

? Joint Life without Return of Premium

Some important questions for Retirement Life

Question: What if Annuity is not enough for a periodic lump-sum payouts to meet dreams and aspirations like Travelling/Vacations, Pilgrimage, Gifting, Hobbies, Club membership, Charity/Social Work?

What if I’m unable to perform my daily activities independently, like Dressing, Feeding, Washing, Toileting, Mobility, and Transferring?

Question: What if I’m unable to perform my daily activities independently, like Dressing, Feeding, Washing, Toileting, Mobility, and Transferring?

Question: What if things don’t go as planned and Primary Annuitant passes away during a premium payment term?

What if I want to increase my annuity during the deferment period?

Top Up Facility is available anytime during the deferment period to increase annuity

Mutual Funds

Best Investments Ideas for FY 2022-23

While Indian investors have had a relatively decent year so?far, the financial years 2021–22 passed in a blur. While it started on a positive note, the COVID-19 or Coronavirus pandemic brought about an economic slowdown in the country. However, as investors, we learned a lot of important lessons, such as the importance of saving, investing the right amount, and having an emergency fund. Investors are eyeing the financial year 2022–23 with the hope of picking up economic growth. Investment in 2022-23 is primarily guided by investing with diversification as the markets are touching new highs everyday with continued volatility. Let us review the best financial products in each category suitable for different investor needs.

Best Fixed Income Investment option

Fixed Income Investments offer a fixed rate of return with the interest accumulated over a predetermined period. These can be used by investors to diversify their portfolio, given that they are not as risky as equities. Because the returns on fixed income investments are reliable, they are particularly popular amongst retired investors.

Conclusion:

While planning for your finances for 2022–23, you need to consider the important lessons 2021–22 and COVID-19 taught all of us. The most important things are to keep an emergency fund for unforeseen needs and to have investment plans in place, including equities and other investment options such as NPS and FD, to meet life goals at the right time.

Happy Investing!

Let your New terrace garden thrive like your own Post- Retirement earnings.

Disclaimer: Bajaj Capital Limited (‘BCL’) has taken due care and caution in presenting factually correct data contained herein above. While BCL has made every effort to ensure that the information/data being provided is accurate. BCL does not guarantee the accuracy, adequacy or completeness of any data/information in the publication and the same is meant for the use of the recipient and not for circulation. Readers are advised to satisfy themselves about the merits and details of each investment scheme, before taking any investment decision. BCL shall not be held liable for any consequences, legal or otherwise, arising out of use of any such information/ data and further states that it has no financial liability whatsoever to the recipient/ readers of this publication. Neither BCL nor any of its directors/ employees/ representatives accept any liability for any direct or consequential loss arising from the use of data/ information contained in the publication or any information/ data generated from the publication. Nothing contained in this publication shall constitute or be deemed to constitute a recommendation or an invitation or solicitation for any product or services. Any dispute arising in future shall be, subject to the Court(S) at Delhi. Views given in the articles are the personal views of the contributors and not that of the company. Readers are advised to go through the respective product brochure/ offer documents before making any investment decisions.

Disclaimer: The rates of interest are applicable as on the data mentioned here in above. The rate may be revised at the sole discretion of the respective companies inviting the Fixed Deposits without further notice. Printed by, Rajiv Wadehra, Published By, Raji Wadehra on behalf of Bajaj Capital Investment Centre Limited, Bajaj House, 97 Nehru Place, New Delhi - 110019, and Printed at Sundeep press C-105/2, Naraina, Industrial Area Phase - , New Delhi - 110028, and Published at Bajaj House,97 Nehru Place, New Delhi - 110019, Editor-Rajiv Wadehra (CIN: U0000DL1988PLC039417))