Retirement: A New Start to Life!

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

Protect Your family’s financial future with Kotak e-Term Plan. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more


Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

Kotak e-Invest

Retirement: A New Start to Life!

f you are looking for ways to lead a stress-free life after retirement, read on for some post retirement plans or options that you can look at.

  • Nov 23, 2021

You spend a significant amount of your life working - whether you are self-employed or in a 9-5 job. It becomes a part of your personality and your routine - so much so that you often use it to describe yourself while introducing yourself to someone. Since what you do for a living gives meaning to your life and your love for your profession never dies, it becomes challenging to think of a time when you no longer get to continue your work. With no steady flow of income, it becomes critical for you to think about the future and your life after retirement. So, what is retirement going to look like for you is a question you should ask yourself when considering your future life.

Well, after retirement plans look different for everyone. While it may be a relief for some to not have a full-time job, it may be stressful for others to channel all of their productive energy. Therefore, a retirement plan need not necessarily look a certain way, but just a few ideas you have for yourself that you wish to execute.

If you belong to the latter and are looking for ways to lead a stress-free life after retirement, you have landed on the right page! Read ahead about some post retirement plans or options that you can look at.

Ways to Enjoy Your Retirement

After retirement, you might not want to go back to doing something full time necessarily and may want to look at flexible work hours, and there are quite a few things that you can do!

  • Post retirement plans can include offering consultancy services. Having worked for years and understanding what goes on in a particular field, you can share the knowledge with those in need of expert advice and make a handsome amount of money.
  • Freelance work may also be an interesting prospect for those looking for a retirement plan. Freelancing allows you to plan your days on your terms, as per your capacity. With many organisations allowing senior citizens to volunteer, you can also volunteer with any NGO or social service organisation that engages with a population of your choice.
  • With the world going online, post retirement plans can be endless and include blogging about your passion, life, or anything relevant to your field of expertise. Social media today also offers a broad range of options for you to get started with something you wish to do. It could be cooking, sharing recipes, sharing music, dance, or art created by you.

The Right Time to Plan Your Retirement

Retirement need not look the same for everyone. What is retirement for you may not be retirement for someone else, which means that your retirement might be the period in your life when you finally take up that one hobby you always wanted to. It could be to travel to more cities and countries to engage with new people.

Whether you decide to start your own business, work as a freelancer, or just spend time with your family and enjoy each moment, one thing that becomes a necessity is regular income. One of the most popular methods to ensure a steady income flow is creating a corpus years before retiring. Having a financial plan in place when working helps you decide when, how, where, and why you need to invest in a particular plan, empowering you to lead a life that you planned for yourself.

Many post retirement plans such as the National Pension Scheme, an insurance-based retirement plan, or an employment-based retirement plan can all help you create a corpus, but how would you know which one to opt for? Moreover, even if you can select a particular, how will you invest in it after retirement?

Investing in such plans either requires you to make deposits when working, and the corpus keeps growing, and the returns are usually much higher. You need the best retirement benefits, and such investments aim exactly at that. With a well-thought-of plan, you can understand your needs and then invest accordingly to achieve them.

Choosing to be active post-retirement does not mean losing out on retirement benefits. On the contrary, you can avail them through the numerous retirement and pension schemes offered by private and government bodies. Your golden years and how you lead them is completely in your hands. All you need to do is think well, start early, and opt for the right retirement plans!

In this policy, the investment risk in the investment portfolio is borne by the policyholder.

Kotak e-Invest

Download Brochure


  • Return of Mortality Charges*$
  • Enhanced Protection
  • Multiple Plan Options
  • Zero Premium Allocation Charges
  • Tax Savings^

Ref. No. KLI/22-23/E-BB/521


- A Consumer Education Initiative series by Kotak Life

Similar Articles

What To Do With Your Retirement Accounts During An Employment Lapse?

Long Term Investment Guide for Your Retirement

Which Is Better: ULIP or SIP?

How should one decide on fund allocation within NPS?

Pros and Cons of Retirement Annuities

How has ULIP Grown Over the Last 3 years?

Looking for Ways to Earn Lifetime Income in Retirement? Here Are 6 of the Top Options

Inflation: A Key Factor to Consider into Retirement Planning

Types of Pension Plans for Your Retirement

What is an Annuity Plan, and How Does Annuity Plan Work?

What are ULIPs and their Types?

Benefits Of Retirement & How Investments Can Help You Enjoy Them

What are the Differences Between ELSS ULIP and Mutual Funds?

Single Premium ULIP or a PPF - Which One is Better?

Is ULIP A Good Investment Option?

Why You Should Invest In An Annuity Plan?

A Beginner's Guide to Understanding 401k Retirement Plan

Important Questions To Ask Yourself Before Choosing A Good Retirement Plan

Top 4 Myths About ULIP Investments You Should Know

Top 6 Reasons Why You Should Get A Pension Plan

7 Secrets that can Make Your Post-Retirement Phase Prosperous

Here's What Retirement Would Look Like 30 Years From Now

ULIP: Can You Surrender ULIPs or Withdraw Money from It?

10 Steps to Figure Out How Much Money You Will Need After You Retire

What Happens to ULIP Premiums Paid if the Market Crashes?

How To Choose The Right Pension Plan?

At What Age Should You Start Your Retirement Planning?

What is Fund Value in ULIP?

What are the 4 Financial Phases of Retirement? How to Budget For Each One?

How Safe is it to Invest in ULIP plans?

How to Win at Retirement Savings?

Top 6 Flexible Benefits That ULIPs Offer

Un-Retirement - Are You Ready For It?

Types of Retirement Plans

What are the minimum and maximum investment in ULIP? Would the Whole Amount Insured in The ULIP Insurance be Invested in the Market?

How Can ULIPs Help You Plan for Your Child's Future?

6 Signs That You Are Not Financially Ready For An Early Retirement

What are the things to consider before buying ULIPs?

Are You Planning an Early Retirement? Here's Why Buying Annuity Plan Will Make Sense

10 Steps to Figure Out How Much Money You Will Need For Your Post Retirement Plans

5 Steps to Gift a Smart Retirement Plan to Your Parents

What is a Defined Benefit Plan and How it Works?

5 Retirement Planning Tips for a Financially Controlled Post-Employment Life

What is the Difference Between EPF, VPF, and PPF? What are Their Tax Benefits?

Give Your Retirement Savings A Booster-Shot with Annuities

Retirement Planning Guide: These 5 Steps Will Help You Towards a Safe, Secure and Fun Retirement

Importance of Retirement Planning

Retirement Planning for Millennials

What are the Advantages and Disadvantages of ULIP?

Invest for your second innings with a guaranteed savings plan

Importance of financial Planning for Retirement

Different Types of Retirement Schemes

Getting Close to Retirement? Six Key Retirement Planning Tips That Can Help You Retire

8 Charges in ULIP That You Must Know

Are Annuities Great For Early Retirement?

Is the ULIP Policy Surrender Value Taxable?

How To Calculate The Present Value And Future Value Of Annuities?

Can I Surrender My ULIP Policy after 2 Years?

How to Build a Tax-Free Pension Income for Retirement?

How Much Corpus Does One Need for Retirement?

Who Gets the Benefit After the Maturity of ULIP: The Proposer or The Life Insured?

ULIP Plan or Traditional Insurance Plans - Which is better?

Can NRIs Invest in ULIP Plans Offered in India?

Is it Suggestible to Take a ULIP Plan Linked with a Term Plan?

Retirement and Pension Plans in India- What are Your Options?

ULIP Tax Benefits: यहां निवेश करने पर मिलते हैं 5 बड़े फायदे

Is ULIP Better Than FD?

Worried About Running Out of Money in Retirement? 4 Tips to Avoid This Crisis

What Are Superannuation Benefits?

Advantages of Pension Schemes and Retirement Plans

What are the Chances of Losing all my Money in ULIP and How Much Return Should I Expect?

5 Common ULIP Myths That You Should Stop Believing

How Does Pension Plans in India Works?

Benefits of Early Retirement Planning in India

Saving for approaching retirement with retirement insurance

Does Having Both ULIP Plan and Other Health Insurance Plan Make Sense?

Is ULIP a Good Option for People Above 60?

5 Reasons Why ULIP Plans are One of The Best Retirement Planning Instruments

ULIPs or Pension Plans – Which is a Better Retirement Plan?

How To Keep Your Retirement Accounts from Being Hacked?

Retirement Planning Guide for Working Men and Women

What is the Minimum Lock-in Period for ULIP?

What is the Death Claim Payable in the Case of ULIP?

NPS for Housewife

Why Should Retirement Planning Be on Top of Your Priority List?

What is a Retirement Plan - What are its Features?

What are the Uses of ULIP?

Is ULIP a Complex Financial Product?

What is Premium Redirection in ULIPs Plans | ULIP Insurance Plans | Kotak Life Insurance

Demystifying the Retirement Planning Process

Which Pension Plan Suits You best?

Save Early to Keep Living Your Dreams Post Retirement

What are the Maturity Benefits in a ULIP Plan: Fund Value Sum Assured or Only Fund Value?

Calculating a Retirement Corpus that can Support Your Lifestyle

What Are Mortality Charges In ULIP?

Different Types of ULIP Investments in India

How Does ULIP Work in India?

Top 4 Mistakes To Avoid While Planning For Your Retirement

Know Why You Should Stay Invested in Your ULIP Plan

Meaning of Sum Assured in a ULIP

A Quick Guide to Retirement Plans

FAQs on Taxation of ULIPs

How Can I Achieve My Wealth Goal with ULIP Investment?

Types of Annuity Plan | Annuity Definition - Meaning & Key Benefits

Is it possible to live a financially independent life, even after you retire?

Do Pension Plans Allow any Death Benefits?

What are the Benefits of ULIP - Explained

How Has NPS Performed in Comparison with Other Instruments?

यूलिप के 8 शुल्क

Difference Between Unit-Linked Insurance Plans and Non-Linked Plans

Top Investment Options for Retirement Planning

Benefits of Early Retirement Plans

How To Make Most of Your Money After Retirement?

What Are Retirement Pension Plans?

Why Should You start Retirement Planning as soon as you start a job?

What is Lock-In Period in ULIPs?

What is the difference between Life Insurance and ULIP?

Retirement Planning at 50? You Are Still Good to Go

What is ULIP and Its Benefits?

How Do Annuity Options Work In NPS

Is It Worth Buying ULIP Plans For 10 Years?

How Does NPS Work?

5 Reasons to Buy ULIP for a Secured Financial Future

What Happens If I Stop Paying My ULIP Policy Premium After Paying the First Premium? Will I Still Get The Return?

ELSS vs ULIP: Which is a Better Investment?

Why ULIP Should Be a Part of Your Investment Portfolio?

Do ULIPs Give Good Returns On Investments?

Is it Advisable to Withdraw the ULIP Insurance Policy After 5 Years?

Annuity Plan | How to Choose the Right Annuity Plan | Kotak Life

What are the Rules for Exit From NPS?

5 Notable Investment Options for Retirees

Retirement Planning - How To Calculate Your Retirement Premium in India?

The Significance of Number 8,000 in Retirement Planning

What are the Instruments Available for Building a Retirement Corpus?

What is NAV in ULIP, and How is it calculated?

How Quickly is Fund Switch Effected in ULIPs? Is it Done the Same Day or After a Particular Number of Days?

Ten Signs That You're Ready to Retire

Understanding Annuity Plans

यूलिप के फायदे (Benefits of ULIP in Hindi)

What are the Charges Levied on ULIP?

Why Should You Invest in NPS?

What is Partial Withdrawal in ULIPs?

Best Insurance Plans for a Guaranteed Monthly Income After Retirement!

What is the Estimated Return Percentage on ULIP? Do Investors Get Compound Interest?

Terminologies You Should Understand About Retirement Plans

Retirement planning with a systematic life insurance plan

How can NPS help you save tax?

Tips to invest your voluntary retirement scheme money

What tax benefits are there on saving for retirement?