Kotak e-Term Plan
Kotak e-Term Plan provides a high level of protection to your loved ones in your absence.
Kotak Guaranteed Savings Plan
Kotak Guaranteed Savings Plan is a savings and protection plan that helps you achieve long-term financial goals and provides an insurance cover against any eventuality.
Kotak e-Invest plan is a complete Unit-Linked Insurance Plan that can be customized as per your goals and needs.
Kotak Health Shield
Kotak Health Shield Plan helps secure your finances in sudden medical expenses such as Cardiac, Liver, Neuro, and Cancer (all early and significant illness stages/conditions of cancer), along with offering protection for personal accidents - in case of accidental death or disability.
Kotak Lifetime Income Plan
Kotak Lifetime Income Plan gives you the security of your income continuing throughout your life and in your absence throughout your spouse's lifetime!
Young minds are generally more occupied with the newness of adulthood, exciting career avenues, budding relationships, and more. Among the host of things they wish to explore, retirement planning is not on the top of their priority list. However, the fast-paced world we live in is full of uncertainties, and it goes by so quickly, leaving us with little or no chances to resuscitate. Therefore, early retirement planning is advisable to enjoy those golden years.
Retirement planning is a process whereby a person obtains a roadmap of their personal and financial life, which will help them meet all their life expenses post-retirement. Outlining for retirement assures an added source of income and assists in handling and managing fulfilling life aspirations, medical emergencies, and being financially self-sufficient. Also, it serves best to start planning your retirement from the early stages.
Engaging in secure retirement planning is crucial to stay financially secure. A structured retirement annuity plan equips you to handle various factors such as surpluses, shortfalls and emergencies. So ultimately, a thorough retirement plan will let you develop a comprehensive understanding of your life goals (the aims) and define the path (the tools) to achieve the same. Here’s why you should start preparing early on rather than when it’s too late. Let’s dive in:
In addition to these, you get tax benefits, reduced costs on investment plans, no financial obstacles for the future, and in the end, a stress-free life. With all these benefits and more, you can’t deny the fact that this is indeed a terrific investment opportunity to give up on.
That’s right — start today! Not tomorrow. Now that you have understood the importance of retirement planning, you can start by refining your smart retirement plan today.