This is an investment plan that allows you to contribute money for retirement. A retirement plan helps determine retirement goals and the actions and decisions to be taken, to achieve this goal. A retirement plan is essential as it provides a source of income after retirement and helps maintain lifestyle without a compromise. The retirement plan helps establish a retirement budget based on personal plans and goals.
Want to know more on Retirement Planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.
Among the different types of retirement plans are 4 main types of plans. They are:
Many of us think of retirement as a stage when we would be able to retire comfortably and do the things that we dreamt on, all working life. This requires a steady source of income that lasts long and helps maintain lifestyle. The earlier you retire, the more important it is to manage money wisely. Unfortunately, there are certain schemes provided by the banks that promise more than they deliver. Mentioned below are the points that you must keep in mind, before investing in a retirement scheme:
If you are not satisfied with the financial product sold, then you can raise a complaint against the bank or NBFC. Call their customer care number or e-mail the complaint, explaining your problem. Wait for 30 days for the bank to resolve the issue. If you are not satisfied with the bank’s answer or if the bank does not resolve the issue, then you can approach the banking ombudsman. Below are the steps that you must follow to register complaint with the banking ombudsman:
Have a complaint against any company? IndianMoney.com complaints portal Iamcheated.com can help you resolve the issue. Just visit Iamcheated.com and lodge your complaint.
If you want to post a review on any company you can post it on Indianmoney.com review and complaint portal IamCheated.com.
You May Also Watch:
Keep your Financial Cognizance up to date with IndianMoney App. Download NOW for simple tips & solutions for your financial wellbeing.
Be Wise, Get Rich.
This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.