Pension plan.

Many of the Government servants think that they can get pension, a decent sum, and therefore there will not be any problem once they attain 58 years.

Sorry. You are totally wrong. At the time of retirement your pension and other benefits are merely pittance compared to, to-day's life style.

If it is a decade earlier, it may be true. But in this day, it is far from true.

So if you are not prudent enough to save for the rainy day, you will be in tantrums.

Forget about the government pension. Let it come, we will make other pension plans right from today.

All the government institutions offer pension plan. You have to invest regularly like 2500 or 5000 in the pension plan account, which is available in all the banks. Visit several banks, have the brochures, think for yourself and invest in one of the banks or other government institutions.

If you invest regularly, you will be starting to get minimum 10000/- from the month of your retirement age. You will be getting the pension till your life time.You need not invest any money after 58 years. You will be only getting money. Depending on your investment today you may get pension even 25000 per month or more.

Now in India, the life expectancy is 85 years. It may increase to 90 years in a decade. So even if you retire around 60 years you have to spend for another 30 years where as in the remaining 30 years after retirement we have to spend, and there is no chance to earn.

So invest in a pension plan.