Best Pension Plans in India - Which One Is Right For You? | April 2023 Update

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  • Опубліковано 27 бер 2023
  • In this video, we take an in-depth look at various pension plans available in the market and compare them on different parameters. We'll also reveal an astonishing fact that the returns of some pension plans are 25% more than other annuity plans. So, if you're looking for a secure investment that offers higher returns in the long run, you won't want to miss this video. Whether you're just starting to plan for retirement or looking to optimize your existing retirement portfolio, our comprehensive guide will help you make an informed decision and choose the right pension plan that suits your needs.
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    Immediate Annuity Plans
    -----------------------
    PMVVY
    LIC Jeevan Akshay VII
    LIC Saral Pension
    HDFC Life New Immediate Annuity Plan
    HDFC Life Pension Guaranteed Plan
    ICICI Pru Guaranteed Pension Plan
    HDFC Life Pension Guaranteed Plan
    PNB MetLife Immediate Annuity Plan
    Tata AIA Fortune Guarantee Pension
    Tata AIA Smart Annuity Plan
    Deferred Annuity Plans
    ----------------------
    LIC Jeevan Shanti
    HDFC Life Pension Guaranteed Plan
    ICICI Pru Guaranteed Pension Plan
    HDFC Life Pension Guaranteed Plan
    Tata AIA Fortune Guarantee Pension
    Tata AIA Smart Annuity Plan
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    Tags:
    #pension #retirement #everypaisamatters #retirementplanning

КОМЕНТАРІ • 270

  • @avgb2115
    @avgb2115 11 місяців тому +3

    Bhai...itni detailed video itne important topic par maine nahi dekhi youtube pe...aise hi detailed video banate rahiye...you deserve 1million+ subscribers.🙌🙌🙌

  • @bheemchand6245
    @bheemchand6245 8 місяців тому

    गजब तरीके से बताया आपने। ऐसा वीडियो नहीं देखा था। सारी बात ही समझ आ गई सर । बहुत बहुत धन्यवाद सर

  • @seema4147
    @seema4147 Рік тому +1

    Commendable. I am totally blank as far as financial matters are concerned but I too watch your videos and try to learn which I think everyone should know. 🙏

  • @shravankuchankar9210
    @shravankuchankar9210 Рік тому +2

    Masttt jankari di hai sarji...lic jeewan Shanti accha hai aap k vdo se....

  • @amodpatwardhan2492
    @amodpatwardhan2492 Рік тому

    SIR...VERY GOOD VIDEO...LOTS OF MATHS / WORKING BUT STILL VERY MUCH SIMPLIFIED...KEEP IT UP ....

  • @ViralDave_26
    @ViralDave_26 Рік тому +3

    superb video - I really appreciate your effort on pension plans - you are doing excellent explanation

  • @sumanchatterjee1881
    @sumanchatterjee1881 Рік тому +3

    Excellent information, can you do a comparison with SCSS return?

  • @piyushpathakvlog
    @piyushpathakvlog Рік тому +5

    NPS maturity par milti Annuity compare ka video banayaye please

  • @sureshkumar-gy1ye
    @sureshkumar-gy1ye Рік тому

    Thanks for giving in depth, clear explanation.

  • @_narain_
    @_narain_ Рік тому

    जय हो 🙏
    बहुत सुन्दर और useful वीडियो 👌👍👐

  • @sandipverma6913
    @sandipverma6913 Рік тому

    बहुत ही शानदार

  • @thesarkarbadal
    @thesarkarbadal Рік тому +4

    Amit bhaiya.... Your content rocks every time. Your channel suits salaried employees like me and especially the cautious ones. But aj ek Q&A session rakh lete to achha hota. This is my personal opinion. But much love to you. Wish you ten thousand likes!

  • @purnachandraraosari5798
    @purnachandraraosari5798 Рік тому

    Excellent explanation. Thank you Sir.

  • @imukulpandit
    @imukulpandit 8 місяців тому

    Shaandar presentation

  • @abhinavkumar8396
    @abhinavkumar8396 Рік тому

    Absolutely amazing explanation Amit ji Very very Thanks 😊🙏🙏🙏

  • @ssr2338
    @ssr2338 Рік тому

    Great Effort. Thank you

  • @EveryPaisaMatters
    @EveryPaisaMatters  Рік тому +5

    ✅Get 15 minutes Free Consultation on Max Life - Guranteed Income for Life Pension Plan - Whatsapp EPM to 99109 29066
    Link for Excel - everypaisamatters.com/pension-plan-tracker/

    • @satishbansal5800
      @satishbansal5800 Рік тому +1

      sir here you increase the policy term to 1 year ( extend) so that the return must be more . so here you increase the age to 2034 . Or they will start to pay pension fund at the last date of year .

  • @sandeepmm3166
    @sandeepmm3166 9 місяців тому

    Really informative ..thanks for the efforts taken Highly appreciative.

  • @trnswamy
    @trnswamy Рік тому

    Very informative. Thank you sir

  • @barethyt7770
    @barethyt7770 10 місяців тому

    Thank you🙏 sir apke is video se mere ko penson ka sara queries clear Ho Gaya🫡

  • @shraddhapawar7100
    @shraddhapawar7100 Рік тому

    Sir u have done a good job, u r information & research really good. U will definitely achieve ur 1000 likes

  • @suvashchandraswain391
    @suvashchandraswain391 Рік тому

    It is a good reasearch, thanks 🙏.

  • @prosenjitbanerjee9634
    @prosenjitbanerjee9634 Рік тому +3

    For the deffered annuity investing in April 2023 and getting the 1st return on April 2034 as in the example you have opted for the annual return and also the return comes after completion of 10 years. So April 2023 +10 completed years (2033) + 1 year for opting interest annually = April 2034. Hope this answers but not sure if i am eligible for the giveaway. Any analysis on the TATAAIA fortune gurantee plus.

  • @pranavgamingandblogs1758
    @pranavgamingandblogs1758 Рік тому

    Thank you for making such a nice knowledgeable video. Can you also tell about SBI pention plan. 😊

  • @sift50
    @sift50 Рік тому +1

    As it is a 10 years deferred plan hence the plan gets deferred by 10 years to 1.4.2033. Then for annual interest we have to wait another one year and will start getting the pension from 1.4.2034

  • @a.muralidhar6873
    @a.muralidhar6873 Рік тому +4

    Well explained sir... about the Pension plans... Can this be a possible alternative to those who are sceptical about the higher Pension option of EPFO. Please review afresh the direct Pros and Cons of some lucrative Pension plans available now. There's also a mention of return of premium to nominee... What does that mean exactly.

  • @rajatbhardwaj4728
    @rajatbhardwaj4728 5 місяців тому

    Thank you Sir for the detailed presentation.

  • @manojvlogs4848
    @manojvlogs4848 Рік тому +1

    Amit ji @NPS maturity me annuity ka upar ek comparison video jarur banaye

  • @yogesh0919
    @yogesh0919 Рік тому +1

    Lic new jeevan shanti plan Online purchase par 2% higher value incentive + 2% online purchase insentive k bare me detail me samjaye.....ya video banaye....

  • @sathiyamoorthyt9590
    @sathiyamoorthyt9590 5 місяців тому

    Sir,
    I have seen your this video now only , but it is very good, educative and really help is taking decision on going for any pension plan. It is fantastic that you have compared almost all insurance companies product. Appreciate your efforts and explaining in simple way. Thanks once again. My request can you please update these details as on this year 2024 and include any other like max lift Glip etc... which will help me to take decision in this year and going for one which is beneficial in real sense. I await your updated video on this. Thanks

  • @rajdatta6711
    @rajdatta6711 Рік тому

    Please load a video comparing 5 years deferred annuity plan of LIC, TATA AIA & SBI Life

  • @amruthraop2990
    @amruthraop2990 8 місяців тому

    Very good information

  • @rohitekka86
    @rohitekka86 Рік тому

    Great work

  • @laksheswarbora8781
    @laksheswarbora8781 Рік тому +1

    Excellent sir

  • @sudhakartodankar1808
    @sudhakartodankar1808 Рік тому

    Very nice!

  • @SayantanLal
    @SayantanLal Рік тому +2

    #everypaisamatters The reason for the year 2034 is after completion of retirement year, the pension will start from next year onwards. So it is 2023+10+1= 2034. Please confirm if I'm right. Thanks for this useful & informative video. I regularly watch your videos which is helpful.

  • @CUBICMETERS
    @CUBICMETERS 9 місяців тому

    Super explanation

  • @pareshterse3305
    @pareshterse3305 Рік тому

    Sir can you please tell me epfo new pension scheme is better Or plan shows in this video

  • @jitendrajoshi3999
    @jitendrajoshi3999 Рік тому

    Very very nice

  • @nirajtrivedi1168
    @nirajtrivedi1168 6 місяців тому

    Great efforts. 🎉

  • @SanjayKumar-ed6ot
    @SanjayKumar-ed6ot Рік тому

    Very nice 👌

  • @premanish
    @premanish Рік тому

    If someone has say suppose 10 Years to Defer the Annuity, XIRR looks almost same in Immediate and Deferred both cases of Same Plan, then what is the use of choosing Deferred Annuity plan instead should we choose Immediate Annuity and put the money in the MF SIP for 10 Years? Can someone clarify which one will be better?

  • @sundarsriram970
    @sundarsriram970 Рік тому

    Because Deferred annuity commences only after a period of time after the final purchase paid like 1Apr 2023, after completing 10 years term, annuity will be paid I.e 01 Apr 2024

  • @prinkush
    @prinkush Рік тому

    Hello Mr.Amit,
    What are tour thoughts on SBI pension plan?

  • @goutamroy9387
    @goutamroy9387 6 місяців тому

    I like to compare pension plans to Kotak Life with other industries.

  • @madanlalkhajotia1394
    @madanlalkhajotia1394 10 місяців тому

    Superb sir

  • @Priti272
    @Priti272 Рік тому +1

    मैंने सैकड़ों पेंशन प्लान वीडियो देखा 👌👌 लेकिन इतनी अच्छी बेहतरीन तरीके से की गई तुलनात्मक समीक्षा किसी की नहीं थी 👌👌🕺🕺💥💥So Much Suparb Awesom 👌👌🕺🕺💥💥🥰🥰🙏

  • @satishbansal5800
    @satishbansal5800 Рік тому +1

    sir here you increase the policy term to 1 year ( extend) so that the return must be more . so here you increase the age to 2034 .Or they will start to pay pension fund at the last date of year .

  • @ajitwangikar5959
    @ajitwangikar5959 Рік тому

    Sir ple let us know pension calculation without return of capital, this is necessary if we are opting for higher pension

  • @onlineincometube552
    @onlineincometube552 6 місяців тому

    PLEASE MAKE A VIDEO ON SBI RETIRE SMART PLUS SCHEME ..

  • @sahadebapatra6405
    @sahadebapatra6405 Рік тому

    Very useful vedeo.thank you

  • @rakmaxrecords7868
    @rakmaxrecords7868 11 місяців тому

    Like kar diya sir😊

  • @subhasisbandyopadhyay1789
    @subhasisbandyopadhyay1789 Рік тому +1

    Fantastic,, deep analysis ,many sellers will never tell truth as you did, gratitude

  • @mohammadreyazreyaz7545
    @mohammadreyazreyaz7545 8 місяців тому

    SBI life retire smart plan version 02 5 years deposit karne par iske baare me please details se bataye

  • @vishalrai2601
    @vishalrai2601 Рік тому

    Beautiful explanation lekin thoda aur lamba aur briefly Hona chahia tha

  • @MukeshYadav-yp2nk
    @MukeshYadav-yp2nk Рік тому

    Good

  • @sureshbadiga
    @sureshbadiga Рік тому

    Sir please do video on Bajaj Allianz life assured wealth goal guaranteed return differ plan please

  • @arnabpolemical
    @arnabpolemical Рік тому

    Sir, ekdin Health insurence ke bare me isi tarah ka video bana dijiye.

  • @anilkumar-ov8kd
    @anilkumar-ov8kd Місяць тому

    Anuuity plan ko surrender kar sake wo provider batana ji

  • @nisheetroopkishor
    @nisheetroopkishor Рік тому +1

    Very nice, informative and useful video. You should be given 10 thousand likes for this hard work.

    • @EveryPaisaMatters
      @EveryPaisaMatters  Рік тому

      Thanks a lot 😊

    • @sourabhagrawal6383
      @sourabhagrawal6383 Рік тому +1

      ​​@@EveryPaisaMatters sir marriot bonway me ek raat ki room karte hai usme points direct accounts me transfer hote hai or sir marriot bonway ka credit card Lena jauri hota hai kya?

  • @soumyadiptadolai2089
    @soumyadiptadolai2089 Рік тому

    Please explain 10 years sip plan.which company is best return pension

  • @gdp2102
    @gdp2102 Рік тому +1

    What is conclusion?? What's recommendation?? Instead I will prefer ELSS in Quant Tax plan MF?

  • @mahtabalam721
    @mahtabalam721 7 місяців тому

    What about SBI LIFE - Retire smart plus,
    Will you explain about this plan

  • @12412590
    @12412590 Рік тому

    Hi I am snc ray
    Querry
    1. If the tenure of plan expires and I don't die can I receive the invested amount if I have invested on a differed plan with a time bound for pension pay

  • @vipingarg1585
    @vipingarg1585 Рік тому +1

    Annuity plan mai Annuity after one year hi start hoti hai ,,,in differed Annuity plan

  • @amitdutta3854
    @amitdutta3854 Рік тому

    Sir, my employer by mistake rejected my higher pension joint option form. By they try to rectify it but still now they succeess. My question is it is possible to solve it . Please reply.

  • @soubhagyaparida4625
    @soubhagyaparida4625 Рік тому

    Bajaj Allianz plan ka video banayiye sir

  • @pankajchhipa5656
    @pankajchhipa5656 Рік тому

    Sir, It is advisable to take insurance plans....as you showed returns are not able to beat Inflation....Kyonki baad ke 100000 INR bahut kam honge....what is your suggestions to Invest somewhere else so that maximum returns will get.... Insurance plan me Tax bhi lagega.... Innocent investor ko loss hota hai dukh hota hai.... Average earning families ko Tax hi dena hai....Aapki sincere advice bahut logo ko help kar sakte hai.... Thank You....

  • @user-fp7dv1je4z
    @user-fp7dv1je4z Рік тому

    Video time 16:37 - instead of current pension value old pension values are compared

  • @vinayakingalgi9535
    @vinayakingalgi9535 Рік тому

    nice

  • @navanathkadav6235
    @navanathkadav6235 10 місяців тому

    Pls put an Excel link as well

  • @narayanansreenivasan2558
    @narayanansreenivasan2558 Рік тому +2

    ULIPs seems similar to these annuity pension plans too, with maybe more investment in equities too.. could you compare it with maybe SBI retire smart??

  • @SuperSandyutube
    @SuperSandyutube 4 місяці тому

    If I want to get pension at the age 65 years under NPS, please let me know if it is possible. Please also indicate what is the procedure to followed to start pension at 65 years of age. Regards

  • @aniketgupta6150
    @aniketgupta6150 11 місяців тому

    109050 for hdfc life new immediate annuity plan is without ROP and with ROP it is 101523 yearly.

  • @SingingEmotion
    @SingingEmotion Рік тому +3

    excellent video brother. Lekin ye annual pension inflation rate ko dekhte huye bahut kam hai. Please tell us some monthly pension plans, which offer at least 20k pension per month. Because 100000 per year or 8k per month will be nothing, say after 15-20 years.

  • @absi008e
    @absi008e Рік тому +1

    Annually pay hai annuity ka ie yearly paise milta hai monthly nahi

  • @alokranjanpanda4080
    @alokranjanpanda4080 Рік тому +1

    Sir I recently purchased a pension plan in MAX life which gives around 7.13% for deferred 1year and 7.82 deferred 2years

  • @sanjaykumarpatel7814
    @sanjaykumarpatel7814 7 місяців тому +1

    Sir Mai goverment workar hu mera nps kata jata hai ye bataye ki ham kis company me invest kare HDFC ya iccici ya lic ya sbi

  • @sumit31520
    @sumit31520 Рік тому

    ❤ for you guru ji
    Hdfc safe h ? Ya compani bandh hote hi pension bandh ho jayegi ?

  • @Ranjeetkumar176
    @Ranjeetkumar176 4 місяці тому

    Sir,you forgot mention surrender value factor in hdfc guarantee invome..in case of emergency only 10% is payable in case of hdfc...that means only 1.5 lakh is payable

  • @DeepakKumar-pq9eg
    @DeepakKumar-pq9eg Рік тому +1

    Because here annually mode is choosen so income start from 2034.

  • @subhabratabarman1732
    @subhabratabarman1732 Рік тому

    If No nominee is available, what provisions are there for return on maturity?

  • @satbalak
    @satbalak Рік тому +1

    First annuity in 10 year deferment plan is on 1-4-2024 and not 1-4-2023 because annuity is due at the end of the period and not in the beginning of the period. If you see the immediate annuity, you pay 15.27L on 1/4/23 and the first annuity is paid on 1/4/24 ... So I get the award?? :-)

  • @pradeepdafda7656
    @pradeepdafda7656 2 місяці тому

    HDFC Life systematic pension plan best he deferred ke liye

  • @dipin2
    @dipin2 Рік тому

    Sir, Bajaj allianz pension guarantee plan??

  • @hemanthraj4871
    @hemanthraj4871 6 місяців тому

    Dear Sir , I have NPS right now, sbi BANK , now getting very less pension, 6.5lak , is their , only 2700 per month geeting, kindly advise me wich one is best, I am BSF retirement taken last 2 years back,

  • @bhaveshsing3101
    @bhaveshsing3101 8 місяців тому

    Sir agar esa plane me koi bank band ho gae to pension k jawabdari kiski please batae 🙏🏻🙏🏻🙏🏻

  • @rupalibehera3377
    @rupalibehera3377 Рік тому

    sir sriram life ki guranted pension policy (DEFFERED) ki bareme video banaie

    • @EveryPaisaMatters
      @EveryPaisaMatters  Рік тому

      You can learn to calculate the returns yourself via everypaisamatters.graphy.com/

  • @user-vy6kw7nq8d
    @user-vy6kw7nq8d Рік тому

    It is due to deffered annunity of 12 yrs.

  • @narayananlekshminarayanasa3217

    Yearly pension. So we get after completion of 11 years in 10 year deferred case sir.

  • @rameshmurthy9077
    @rameshmurthy9077 Рік тому

    Sixtt one year old for five lakhs ,what will be monthly pension?

  • @chetankokal3489
    @chetankokal3489 Рік тому +1

    As we are starting from 01-04-2023, so the first year will come to 01-04-2024, second will come to 01-04-2025 and so on and 10th year will come to 01-04-2033 and after that we will start getting our pension, so that's why we will start getting from 01-04-2034 and not from 01-04-2033

  • @ramprakashshukla8563
    @ramprakashshukla8563 6 місяців тому

    Kindly comment and compare with sbilife retire smart plus. I have subscribed it for ppt -5yr pt-10yr but can exit in after 6 year.
    It's deffered type not immediate.

  • @shubhasishghosh8864
    @shubhasishghosh8864 Рік тому

    Hello, I am watching your videos and it helps me a lot for my financial planning. I have a request for you. If you can create a video on Bajaj Allianz Ellite Assure plan and it's probable return (xirr) that will be very helpful. You can take example of mine like, Age 40, PPT 10yrs, PT 20yrs, Premium - 1lakh yearly mode. Thank you again for your videos.

    • @EveryPaisaMatters
      @EveryPaisaMatters  Рік тому

      Hi, thanks for watching videos. It is impossible to cover all the content and my focus is to educate people to learn and share. You can learn about calculation of Pension plans from here - everypaisamatters.graphy.com

  • @mamataparida2685
    @mamataparida2685 Рік тому +1

    Kotak mahindra insurance pension plan ke bare me batayiye please

  • @himanshkulshrestha1387
    @himanshkulshrestha1387 Рік тому

    Because investment needs complete investment year. As 03/33 main whole year rahega then only 10 years complete honge.

  • @taraktandel1234
    @taraktandel1234 9 місяців тому

    When I take Pension Plan if spouse age is below 40 I am unable to keep her as Joint Survivor...If I take fist with out Joint survivor and add her name @age 40 is it possible? I am planning to by differed annuity.

  • @monojkrdas9741
    @monojkrdas9741 Рік тому

    Etf It will not be good if money needs specific time regularly

  • @ag564
    @ag564 Рік тому +1

    Today FD rate is around 7.1%. For Sr Citizen it's even higher. Isn't it better to open a FD with monthly interest payback option? You don't have to pay GST for FD i believe. Also it'll be tax free as long as your total earning is lesser that 7lakh.

    • @EveryPaisaMatters
      @EveryPaisaMatters  Рік тому +1

      That is correct and you have covered some good points.
      However FDs are typically only for 10 years. And expected life time after retirement can be 25-30 years as well.

  • @bhavneshparikh8283
    @bhavneshparikh8283 7 місяців тому

    add Jevan Umanh & Jevan Utsav and comapre