- Webpages
- Documents
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
-
![login]()
Customers
-
![login]()
Employees
-
![login]()
Partner
- Consultants
- Partner Portal-FC
For NRI Customers
(To Buy a Policy)
-
![Contact Image]()
Call (All Days, Local charges apply)
-
![Contact Image]()
Email ID
-
![Contact Image]()
Whatsapp
(If you're our existing customer)
-
![Contact Image]()
Call (Mon-Sat, 10am-9pm IST, Local Charges Apply)
-
![Contact Image]()
Email ID
For Online Policy Purchase
(New and Ongoing Applications)
-
![Contact Image]()
Call (All Days & Toll free)
-
![Contact Image]()
Schedule a call
-
![Contact Image]()
Whatsapp
-
![Contact Image]()
Give missed call to buy a policy
-
![Contact Image]()
Email
Branch Locator
-
![Contact Image]()
Locate a branch
For Existing Customers
(Issued Policy)
-
![Contact Image]()
Whatsapp
-
![Contact Image]()
Call (Mon to Sat, from 10 am to 7 pm, Call charges apply)
-
![Contact Image]()
Email
Fund Performance Check
-
![Contact Image]()
Call (Missed Call)
-
Guaranteed Income@
-
Tax Benefit@@
RETIREMENT PLANS BUYING GUIDE
:1800-266-9777
How to Secure a Pension of Rs. 50K Every Month?
Table of Contents
We all work hard to build a significant corpus that enables us to enjoy a happy retired life. Having a reliable pension provides certainty and offers peace of mind. In today’s unpredictable world, individuals work towards securing a monthly payout of Rs. 50,000 in retirement. Along with providing a steady income, many pension plans offer life insurance coverage for your family’s financial safety. Let’s see how you can plan to get a pension of 50,000 per month.
How to Get a Pension of 50,000 Every Month
Follow these steps to secure a pension of 50,000 per month:
- Start as soon as possible
Starting early and maintaining consistency can help you build a substantial corpus for retirement. Saving from your 20s and 30s allows you to benefit from compounding returns. Longer investment tenures mean more exponential growth. Once you start earning, earmark a portion of your income for retirement. Automate the savings to ensure consistent savings. - Don’t put all your eggs in one basket
Research available options and identify multiple investment avenues to meet your retirement goals. Create a diverse portfolio to minimise risk while maximising returns. Explore as many fixed-income and safe investment options as possible when planning for retirement. You can consult a financial advisor who can help you identify the ideal financial tools to meet your goals. - Consider Pension Plans
Consider purchasing a pension plan to safeguard your retirement. These policies provide a steady life-long income and offer life insurance coverage to protect your family’s financial future. Look for pension policies that allow you to accumulate a substantial corpus to receive a monthly payout of Rs. 50,000. - Assess and adjust regularly
Check your portfolio every three or six months and evaluate the returns. Identify investments that are underperforming and look for ways to rectify the situation. Adjust your investment as required to meet your goals. Consider increasing your monthly savings and investment to boost your corpus and secure your finances. - Think beyond Traditional means
Look at ways to earn an additional income to maintain your financial stability after retirement. Consider rental income or a side business that helps boost your monthly pension. Finding multiple income sources offers added financial security and gives you enhanced control over your life.
Benefits of Opting for a Pension Plan
Pension plans remain a popular method for professionals to save for retirement. Let’s better understand how these policies benefit you.
- Steady Income
Many pension and annuity plans provide income for life. You never have to worry about saving enough to avoid outliving your savings. These plans build a corpus that offers regular payouts for the rest of your life. - Customisations
You can choose how to save for retirement. Pension plans enable you to select the plan tenure, premium payment frequency and pension payout terms. Evaluate your financial goals and tailor the policy based on your requirements. - Financial Security for the Family
Pension plans include a life insurance component. These policies provide your loved ones with a payout if anything happens to you during the plan tenure. Insurance coverage adds a layer of financial protection for your loved ones. - Manages Risk Exposure
Pension plans like HDFC Life Guaranteed Pension Plan grow your corpus through compounding interest, limiting your risk exposure. Several retirement plans rely on safe investment avenues to build a corpus that empowers you to meet your retirement goals.
You require careful planning, strategic investments, and consistent savings to secure a monthly pension of Rs. 50,000. Start planning early to afford yourself adequate time to review your plans and make necessary adjustments to meet your goals. Diversify your investments and explore other income avenues to safeguard your financial future and meet your pension goals. While planning for retirement, you’re never too early or too late. The best time to start is right now. Take control of your finances today to enjoy peace of mind tomorrow.
Not sure which insurance to buy?
Talk to an
Advisor right away
Advisor right away
We help you to choose best insurance plan based on your needs
Francis Rodrigues
Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.
Written By:
Vishal Subharwal
Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.
Reviewed By:
Here's all you should know about Retirement Plans.
We help you to make informed insurance decisions for a lifetime.
HDFC Life
Reviewed by Life Insurance Experts
HDFC LIFE IS A TRUSTED LIFE INSURANCE PARTNER
We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.
Popular Searches
- Best Investment Plans
- What is Term Insurance
- Short term Investment options
- Saving plans
- ULIP Plan
- Health Insurance Plans
- Child Insurance Plans
- Group Insurance Plans
- Long Term Savings Plan
- Fixed Maturity Plan
- Monthly Income Advantage Plan
- BMI Calculator
- Compound Interest Calculator
- Term insurance Calculator
- Tax Savings Investment Options
- 2 crore term insurance
- 50 lakhs term insurance
- annuity plans
- Investment Calculator
- get pension of 30000 per month
- ULIP Returns in 5 Years
- investment plan for 5 years
- investment plan for 10 years
- 50 Lakh Investment Plan
- guaranteed returns plans
- sanchay plans
- Pension plans
- Retirement Calculator
- Pension Calculator
- Money Back Policy
- 1 Crore Term Insurance
- term life insurance plan
- life insurance
- life insurance policy
@. Amount of guaranteed income will depend upon premiums paid subject to applicable terms and conditions.
@@. As per Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
HDFC Life Guaranteed Pension Plan (UIN: 101N092V11) is a non-linked non-participating pension plan. Life Insurance Coverage is available in this product.
ARN - ED/07/23/3186