Plan 1 Lac Monthly Pension @Retirement

At the present rates of inflation and way things are getting costlier it is important to plan a pension plan now and we feel that a minimum 1 Lakh pension per month is a must to live decently a free years from now for an average person. This much pension will ensure that you do not leave your present life style and can have a happy retirement. The below table summarises that you need to pay Rs 8400 per month to have a pension of Rs 1 Lakh at your retirement and you need to start early.

Income (pm)*	Cost (pm)*
Rs. 25 K	Rs. 2.1K
Rs. 50 K	Rs. 4.2K
Rs. 1 Lac	Rs. 8.4K

Make it a point to compare to get maximum pension after Retirement. This should be sufficient to cover your living cost and thus one has to find the best monthly pension plan. One can visit the pension fund site to get the correct quotes or can visit compare quotes site from all leading insurance companies as such type of comparison sites do exist.

Keep visiting our website for best medical insurance information as medical insurance is one thing which can not be taken for granted as eventuality can strike anytime in life. Also understand the difference between permanent life insurance and term insurance to arrive at correct insurance plan suitable for your needs.