Thanks for contacting us.
Will get in touch soon.
Table of Contents
When we’re young, we hear about the importance of saving for the future. Once we start working, we put money away for emergencies and to fulfil our future goals. As responsible adults, we understand the importance of building a corpus for retirement. Many self-employed individuals work so hard to establish themselves as professionals and invest in their businesses that retirement planning often gets left on the back burner.
Here’s a comprehensive guide to pension planning for the self-employed.
Retirement planning enables you to secure a steady income stream in your golden years. The amount helps you maintain your desired lifestyle and meet financial obligations. Self-employed individuals do not have the security of a steady income while working, so saving for retirement is all the more crucial. The HDFC Life Smart Pension Plus Plan provides a guaranteed annuity income that safeguards your financial future. Additionally, the plan offers life insurance coverage, securing your family’s financial future after an unexpected event.
While planning your retirement, the earlier you start, the better. As a self-employed individual, early planning helps you enjoy the following benefits:
As a self-employed person planning for a secure retirement, let’s better understand how a pension plan benefits you.
Many self-employed people worry about their financial future. As an independent professional, you must take charge of your finances and start planning for the future today. Pension plans enable you to secure your retirement with guaranteed annuity payments. Ensure you thoroughly research the market to identify the ideal option based on your financial situation.
Related Articles:
ARN-ED/08/23/3571
We help you to make informed insurance decisions for a lifetime.
1. For all details on Riders, kindly refer to the Rider Brochures available on our website.
2. Subject to conditions specified u/s 80C of the Income tax Act, 1961.
HDFC Life Smart Pension Plus UIN:101N173V04. A Non-Linked, Non-Participating Individual/Group Annuity Savings Plan.