Insurance Basics

Insurance Needs of Individuals Nearing Retirement

total reads

541

total reads
541

Your children are most probably independent and well settled by now. At this stage, your income is at its peak. You have substantial funds at your disposal to set aside for your retirement.

Your Insurance Needs

  • Retirement Planning:

    Your goal at this stage is to plan for your retirement. It is important to understand your true net worth and how you wish to spend your retired years. This is because even if you have not yet focused on retirement, investing wisely in the next 10-12 years can help significantly.

  • Investments

    At this age you might also have substantial savings which can be invested for stable growth. You should consider investing in tax efficient instruments.

  • Regular income post retirement

    You should focus on investing in those products that provide capital preservation and generate regular income to meet your post-retirement needs.

 

Similar Articles

 

 

 

Featured Articles
Popular Posts

Products offered by HDFC Life :

HOW CAN WE HELP YOU

HELP TO BUY ONLINE
Call us

All days 10 AM to 7 PM

Let us call you
Call Us

Mon-Sat 9:30 A.M to 6:30 P.M

Locate A Branch Near You
Call Us

Mon-Sat 10 am to 7 pm(Local Charges Applicable.) (DO NOT prefix any country code e.g. +91 or 00.)

Email
nriservice@hdfclife.com

(For NRI customer only)

08000006607 for premium amount
08000006608 for premium amount with due date
08000006609 for fund value
Stay updated with HDFC Life