IThe National Pension System (NPS) and Annuity Plans are two popular retirement investment options that can help individuals plan for their post-retirement financial needs. The NPS is a voluntary retirement savings scheme launched by the Indian government. It is a market-linked investment plan that allows individuals to contribute regularly towards their retirement savings. The contributions made to the NPS are invested in a mix of equities, corporate bonds, and government securities, and the returns generated are based on market performance. Upon retirement, individuals can withdraw a portion of the accumulated corpus as a lump sum, and the remaining amount is used to purchase an annuity plan. -------------------------------- Open Your Free Demat Account On Angel and Invest in Share Market: Open Your Demat Account On Zerodha in Rs. 300: How to Open Demat Account on Zerodha Step by step Guide: How To Open Demat Account on Angel Broking: An Annuity Plan is a financi...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)