How about investing lump sum in a diversified equity fund and setting up a systematic withdrawal Plan (SWP)? This will also give tax rebate on capital gain up-to Rs. 1.00 Lac.
One point on Guaranteed Pension scheme there is no liquidity during life time of Insurer but can be claimed by nominee post death of Insurer. This I feel is a disadvantage
Sir, you have missed the mostly negative impact on annuity amount over a long period, until the annuity opted for increase basis. Also annuity rates at the time of purchase are in relation to present and expected future rate of interest and thus is not fixed (rate) over a long time span, for purchase at that point of time.
I personally do not agree with annuity products. They are neither pure investment nor insurance. Secondly they charge heavy charges resulting in a less units allocation.
It is better I (81yrs old) I am getting Annuity @9.3℅ for the past 17 yrs on the day- dot from LIC (VPBY and PMVV plans. My nominee will get the entire investment back when I am not there. Hence do not compare Apple with Orange!
5 lakh rupees tax free is for resident income I guess. NRI investing his income earned from other countries than India doesn’t have to worry about tax while investing in guaranteed pension plan right ?
You need to add some more information. For example, what is the ROI on guaranteed investment plan. You need to be open on the impact of interest. For example, what is the net return expected from an annuity after paying tax. Key instruments like NPS need to be explained. Anyway, thanks for the effort!
Market falls and goes up every 6 months. If you have exited start sip and keep putting money wherever market fall deepens. You are back in market. This insurance plan will ask to keep paying for 10 years and you will get your money back. Yes annuity plan can be thought through. Me being young may have different opinion
Learnt something new today- Fractional CRE. Thank you very much.
Nice informative video as usual. Your way of explaining is simple but amazing. Hats off to you Sir.
Very well explained. Does Orient Pension Plan in Dubai gives guaranteed amount for this plan. 👍
Earlier LIC annuity rate was 5.5% and now the rates are much much higher and there is no exit option. Annuity is taxable
Very good and informative . Highly appreciate. Looking for further info.
You are excellent give information todays life.
Wow! What a timing for this video. Thanks a lot Chandrakant Ji
How about investing lump sum in a diversified equity fund and setting up a systematic withdrawal Plan (SWP)? This will also give tax rebate on capital gain up-to Rs. 1.00 Lac.
Thanks from Sri Lanka.
One point on Guaranteed Pension scheme there is no liquidity during life time of Insurer but can be claimed by nominee post death of Insurer.
This I feel is a disadvantage
Sir, you have missed the mostly negative impact on annuity amount over a long period, until the annuity opted for increase basis. Also annuity rates at the time of purchase are in relation to present and expected future rate of interest and thus is not fixed (rate) over a long time span, for purchase at that point of time.
Why not considering long term government bond?
I wish the title of the video was " Timing the market" . Overall a good video!
You are very brillent man
Excellent points.Thank you sir.Thousand thumbs Up.
Retirees should follow 4 - bucket approach to get maximize returns
I like your vidoe.knowldege useful.
Nice and Informative. Thanks for Sharing.
Some lecture should be for those who had retired and crossing age of 80 and above.
Very informative. Never thought this seriously. Always present useful stuff. Keep it up good work Sir. 👍
Thank you sir for important information
I follow you Sir regularly....your contents are superb, useful & informative
Very useful information sir thank you very much
Nicely narrated
Fractional commercial real estate,please share more information or link to invest.
There are many videos on this subject on the channel.. if you want to invest then send message on 00971 50 1484595
Very interesting video Thanks
Good topic.. nicely explained
Why not shares
In Pakistan due to high inflation instest rates are 23.75% on 1 to 3 Year Fixed Term Deposit
It is not happy news , it is Sad news
Very much informative and 👍👌
I personally do not agree with annuity products. They are neither pure investment nor insurance. Secondly they charge heavy charges resulting in a less units allocation.
I do not think you know the subject well . Please research annuity product all over again . You have complete wrong information and understanding
You can go through policy bazaar to study and understand about this.
I agree with you.All this promise is pure nonsense.
Most probably you are referring to ULIPS which are entirely different from annuity plans.
It is better I (81yrs old) I am getting Annuity @9.3℅ for the past 17 yrs on the day- dot from LIC (VPBY and PMVV plans. My nominee will get the entire investment back when I am not there. Hence do not compare Apple with Orange!
5 lakh rupees tax free is for resident income I guess.
NRI investing his income earned from other countries than India doesn’t have to worry about tax while investing in guaranteed pension plan right ?
Rules are same for both Resident and NRIs
What about Real Estate bonds share,Sir.?
But why to think of reinvestment why not enjoy with what we got after so many yrs of investment
What your name Mr Shina?
❤ Marvellous informative video Sir. Thank you very much, Sir.
Very informative video and well explained. Thank you
Please make New video on guarantee return policy
Yes. It was useful. 😊
Thank you once again for an eye opening topic well detailed
thanks
👍Very informative. Thanks very much for this info.
❤ from Tumakuru
You need to add some more information. For example, what is the ROI on guaranteed investment plan.
You need to be open on the impact of interest. For example, what is the net return expected from an annuity after paying tax.
Key instruments like NPS need to be explained.
Anyway, thanks for the effort!
There are detailed videos on each of these topics on this channel. Please watch and be guided
@@NRIMoneyClinic Thank you. While I will go through them, was a suggestion to share key attributes of such topics in such videos for rounded insights.
How to invest in fractional commercial real estate?
There are lot of videos on this channel on this subject. If you wish to invest, you can contact us on 00971 50 1484595
Market falls and goes up every 6 months. If you have exited start sip and keep putting money wherever market fall deepens. You are back in market.
This insurance plan will ask to keep paying for 10 years and you will get your money back.
Yes annuity plan can be thought through. Me being young may have different opinion
Get to the point fast , just talking long sentences and making sure listener will go to sleep
It is his channel.... His wish how he wants to convey his point.
This looks like sponsored video by insurance companies 😂
👍