Retirement plan

A retirement plan or Pension plan is a type of investment plan that supports you to accumulate a portion of your savings over a long-term period so that you can have a guaranteed financial tomorrow. A retirement plan permits you to deal with the tensions of post-retirement and ensures a steady flow of income even after retirement. Even if a person has a good amount of savings, a retirement plan is still important.

  • Regular income after retirement
  • Customizable as per your needs
  • Guaranteed lifelong income
  • Safe and secure investment without market volatility
  • Tax benefits on investments

A retirement plan helps you to create a financial cushion in the long-term so that you can ensure to have a financially sound future after retirement. The insured needs to contribute a specific amount regularly until the time of retirement. The collected amount is provided back to the insured as a pension or allowance at regular intervals of time. It not only guarantees the financial future of the individual after retirement but also helps an individual to negotiate the eventualities in post-retirement.

Savings get exhausted extremely quickly and are sometimes used in crises, thus it is very important to choose the best pension plan. So, you secure your cash flow for meeting basic daily needs in the post-retirement period. When you constantly invest in a retirement plan, the amount multiplies due to the help of the power of compounding which makes a bunch of difference to your final savings canon.

Frequently Asked Questions

The different types of pension plans are Deferred Annuity and Immediate Annuity.

Having a guaranteed stream of income in retirement can help you feel more confident as you plan to enjoy retirement on your terms. A retirement plan offered by R.B. Portfolios can give you a steady, reliable source of income that provides security.

A retirement plan by R.B. Portfolios is designed to take care of your post-retirement days and help you lead a stress-free life. One such type is a retirement savings plan that will help you to grow your money and supply a steady income for life. It helps you set aside some amount towards your retirement while you are still working.

Many investment options can help you to save money for your retirement. Some choices may attract higher risks; others may assist you to protect your wealth. R.B. Portfolios understand that growing your money safely is important.

You take retirement from work not from life. You can have a new pack of plans for your post-retirement life. At the same time, you may also want to maintain your daily lifestyle without thinking about expenses. By planning in advance, you can determine your future goals clearly.