October 29, 2010 5:46 pm
is it possible to take pension plan from lic or max newyork companies plain . i am confused . so please suggest me which policy companies is good for me thank you
The problem with pension plans is that their pensions are not indexed to inflation , so if you get 20k at some point, even at some later point you get same 20k only . So thats on issue ,, also the returns are in range of 5%
good advice from rakesh. just select the mutual funds for investment with help of ‘valueresearchonline.com ‘ site, and keep monitoring performance yearly or so.
Don’t take pension plan from any companies, the returns do not beat even inflation. Instead opt for term plan and invest the balance premium in equity mutual funds for a long term. You will at least get 15% returns.
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