Suggest a Pension Plan

i am 33yrs of age and want to invest for a pension plan that would start giving me a monthly income of 40,000 when i am 52 yrs of age.
Please suggest some plan ... i am not much interested in private institutions more  

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Mr Sharmaji, Normally we take decision which are more riskier, like buying a house, choosing spouse for self and children, education and even the mode of conveyance to go to school. When we buy gold we never repent when price falls, but buy more. The same we have to follow. Going to doctor, now a days​ we pay huge for many things without out a guarantee. We take risk on our life based on someone advise. So at your age you take a financial risk. Actually i am not considering as a risk. I am a retired person. I hold most holding in MF. Pl take the advice of reliable financial advisor, like you decide the doctor. Interact periodically with the advisor. You will appreciate and enjoy. I fully agree with Its halder Best wishes to you and please decide quickly. One year delay will increase the monthly SIP more than double for your target Corpus fund more  
Mr. Rahul Sharma, You are only 33 now. You have a long way to go. I feel at this age it is always better to plan your Pension through Mutual Funds than through Life Insurance. If you can afford Rs. 179230 pa that is Rs. 14936/- per month, you can get much better pension through MF. Please always remember one thing that Insurance and investment should never be mixed up. Take a Term plan for your Insurance requirement and rest through MF. In case you are interested I can give you a calculation of your monthly pension and monthly SIP in MF to achieve that. my mail address is haldar_dipankar@hotmail.com. more  
Rahul sharmaji, you should first select a financial advisor who can advise you various investments to meet your desired goal in your and family. finacial advosor should be preferably certified. similar message is provided by the above mentioned people. more  
Dear Mr Pritam Sharma I appreciate your concern, However I would like to share a few things. First of all Mr Rahul Sharma is free to consult a financial advisor who could really help him for his hard earned money. He is not bound to contact any specific person, including me. Second, the information he has given in his query is incomplete on the basis of which accurate advise is not possible. this could only invite unsuitable products which he might repent many years later. Third, such information is best kept confidential and kept from any public platform. Fourth, any recommendation applicable to an individual is strictly as per his / her personal situation, preference etc. which could never be copied by any other person. So sharing this too on a public platform would not be of much use. Each individual is different. You would agree that there are more cases of disappointments than the satisfactory outcomes especially in financial world just because of the crucial communication gap in respect of information, expectations and concerns while taking own financial decisions on one hand and relying on Ready made, quick fix solutions on the other. Hope I've explained properly. more  
Hi Mr. Rahul Sharma Here iam giving plan details of your pension plan To, Mr/Mrs/Ms : Mr. Raghul Sharma Plan : Jeevan Anand - 815 Age :32 Term :20 D.A.B. : 3000000 Death Sum Assured :3750000 Basic Sum Assured :3000000 1st year Premium With TAX 3.75% : Yearly : 179230 (172752 + 6478) Halfly : 90561 (87288 + 3273) Quarterly : 45754 (44100 + 1654) Monthly(ECS) : 15251 (14700 + 551) YLY Mode Average Prem/Day : 491 After 1st year Premium With TAX 1.875% : Yearly : 175991 (172752 + 3239) Halfly : 88925 (87288 + 1637) Quarterly : 44927 (44100 + 827) Monthly(ECS) : 14976 (14700 + 276) YLY Mode Average Prem/Day : 482 Approximate Tax Saved Every Year : 45000 Approximate Return at Maturity Time : S.A. : 3000000 Bonus : 2700000 F.A.B. : 210000 Total Approximate Return at Maturity Time : 5910000 + Life time Rs.3000000 risk cover. Pension Start From age : 52 Annuity for life with return of purchase price on death. Sum Assured : 5822660 Annuity : Yearly : 405502 Halfly : 198094 Quarterly : 97882 Monthly : 32409 Medical Requirement : ECG, HAEMOGRAM, SBT-13, RUA, CTMT, HbA1c Insurance Advicer V. SATHIAVEL : 8124143402 sathya_61177@rediffmail.com i hope bthe avove plan from lic is opt for your requirement , after your retirement is at the age of. 52 you will free life cove up to 3000000 till your life time Plan 2 Plan : Jeevan Anand - 815 Age :32 Term :20 D.A.B. : 4000000 Term Rider S.A.:2500000 Death Sum Assured :5000000 Basic Sum Assured :4000000 1st year Premium With TAX 3.75% : Yearly : 246142 (237245 + 8897) Halfly : 124369 (119874 + 4495) Quarterly : 62834 (60563 + 2271) Monthly(ECS) : 20945 (20188 + 757) YLY Mode Average Prem/Day : 674 After 1st year Premium With TAX 1.875% : Yearly : 241693 (237245 + 4448) Halfly : 122122 (119874 + 2248) Quarterly : 61699 (60563 + 1136) Monthly(ECS) : 20567 (20188 + 379) YLY Mode Average Prem/Day : 662 Approximate Return at Maturity Time : S.A. : 4000000 Bonus : 3600000 F.A.B. : 280000 Total Approximate Return at Maturity Time : 7880000 + Life time Rs.4000000 risk cover. Pension Start From age : 52 Annuity for life with return of purchase price on death. Sum Assured : 7763547 Annuity : Yearly : 540693 Halfly : 264136 Quarterly : 130515 Monthly : 43214 Medical Requirement : ECG, HAEMOGRAM, SBT-13, RUA, CTMT, HbA1c, X-RAY Insurance Advicer V. SATHIAVEL : 8124143402 sathya_61177@rediffmail.com If any quarry on the above plan pls feel free and call me back V.Sathiavel 8124143402 From: "Rahul Sharma"support@localcirclesmail.com Sent:Wed, 19 Apr 2017 06:15:23 +0530 To: Sathya_61177@rediffmail.com Subject: New resource "Suggest a Pension Plan" in [Tax, Investments and Retirement] more  
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