One of the popular products from AEGON Life is pension plans that are offered with multiple benefits like annuity payments, rider benefits, and other bonuses. These pension plans help one safeguard and stabilize their retirement years with regular earnings in the form of an annuity.Read more
Peaceful Post-Retirement Life
Tax Free Regular Income
Wealth Generation to beat Inflation
These plans also come with an online calculator to determine premiums and coverage.
The economic conditions, monetary requirement, liabilities etc., will not remain the same after one retires. All these factors also affect financial health for the years of no income.
In general, it is not easy to calculate the savings required after one retires no matter how much calculation is done. To make things easier, the Aegon life pension plan calculator uses multiple essential information like monthly expenses, savings, age, salary, dependants, gender, etc. This will help in choosing the right pension plan for them.
Using the Aegon life pension plan calculator is easy and hassle-free. Follow these steps to get the savings and investment for retirement calculated in an instant:
When it comes to pension plans, many tend to think that they can determine the savings and investment amount on their own. It is a misconception in most parts. That is why using the Aegon life pension plan calculator is the best option for most.
Following are the things one must remember:
Aegon Life Pension Plan calculator is an easy way to calculate the sum assured one should choose for retirement.
Here is information that one will have to enter while using the calculator to get an estimate:
Aegon life pension plan comes with several features and benefits that help attain financial freedom and stability after retirement. This is a limited payment plan in which the premium is to be paid for a limited period and not until the plan's maturity.
Here are some benefits of the Aegon life pension Plan:
Aegon Life Pension Plan is a plan that allows the holder to pay the entire premium or the buying price of the policy in the beginning. However, under the limited premium feature, one can choose the limited premium payment term to be paid annually, monthly, half-yearly or quarterly.
The purchase of the plan differs based on the chosen annuity type. The person can choose either life annuity or joint-life annuity. The minimum purchase price of the life annuity plan is Rs. 2, 28,829, and of the joint-life annuity is Rs. 2, 28,519. The return rate of the annuity is 100 percent. One can get better estimates using the Aegon life pension plan calculator. The minimum annuity paid is:
There is no maximum limit on the annuity. The annuity payments are paid after the modal duration is in the form of arrears.
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.
“Tax benefit is subject to changes in tax laws. Standard T&C apply.”
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
*Tax benefit is subject to changes in tax laws
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
10 Oct 2023NPS (National Pension System) and ULIP (Unit Linked Insurance
21 Sep 2023Planning for a secure and comfortable retirement is a financial
04 Sep 2023The Mahila Samman Savings Certificate (MSSC) or Mahila Samman
28 Aug 2023Single-Premium Pension Plan is a type of pension plan in which
12 Jul 2023Inflation is an economic process that affects various aspects of