बुढ़ापे में नहीं चाहिए किसी का सहारा! आज ही पढ़ें ये 7 टैक्स-फ्री इनकम और गारंटीड रिटर्न – 7 New Retirement Schemes

7 New Retirement Schemes- If you are also thinking that there should be an income of ₹ 1.5 lakh every year in old age and that too without taking any risk, then there are some schemes for you which will give money with guarantee. Let us know about 7 such retirement schemes which will not only help in earning money, but will also make your retirement life worry-free.

1. Public Provident Fund (PPF)

PPF is a government scheme in which you will get guaranteed interest on the money you deposit. This scheme is for 15 years but its biggest feature is that it gives tax free returns and your capital remains completely safe.

Why choose:

• Guaranteed and tax free returns
• No effect of market fluctuations
• Good fund is created in the long term

2. National Pension System (NPS)

If you want to keep getting pension every month after retirement, then NPS is a great option. This scheme is linked to the market, that is, the return is not fixed but you can expect good returns in the long term.

Benefits:

1. Tax exemption (additional benefit under section 80CCD)
2. Regular pension after retirement
3. Benefit of compounding on investment

3. Senior Citizen Savings Scheme (SCSS)

If you are above 60 years of age, then this scheme is for you. In this, a lump sum amount has to be deposited and interest is received on it on a quarterly basis. This scheme is available in post offices and some government banks.

1. Currently interest rate is above 8%
2. Maturity in 5 years (can be extended by 3 years)
3. Guarantee of guaranteed income

4. Pradhan Mantri Vaya Vandana Yojana (PMVVY)

This scheme run by LIC is also for senior citizens. In this, you can get pension every month or year by depositing a lump sum amount. In this, pension is available for 10 years.

Free from market risk

1. Pension at fixed interest rate
2. With LIC guarantee

5. Unit Linked Insurance Plan (ULIP)

If you are ready to take a little risk and want insurance along with investment, then ULIP is the best. This is a long term plan in which money is invested in the market, so the returns can also be good.

Benefits:

1. Investment + insurance together
2. High returns in the long term
3. Tax exemption is also available

6. Post Office Monthly Income Scheme (POMIS)

This scheme is for those who want to earn a fixed amount every month. In this, you deposit a lump sum amount and get interest on it every month. Its maturity is 5 years.

Why beneficial:

1. Guaranteed income every month
2. Security of post office
3. Both single and joint account options

7. National Savings Certificate (NSC)

NSC is a mid-term income plan with a lock-in of 5 years. It has a good interest rate and also saves tax. The special thing is that it gives guaranteed returns and has nothing to do with the market.

Benefits:

1. Tax exemption (under 80C)
2. Fixed and safe returns
3. Easily available in post office

How to choose the right scheme?

1. Every scheme should be chosen based on your needs and risk taking capacity. Here are some things to keep in mind:
2. First estimate how much you will spend every month after retirement
3. If you do not want to take risk, then choose options like PPF, SCSS, PMVVY
4. If you have a plan to grow money in the market, then consider ULIP and NPS
5. Tax planning is also important - take advantage of exemptions like 80C and 80CCD

Are there any drawbacks?

1. Every scheme has some limitations, such as:
2. Schemes like PPF and NSC keep money locked for a long time
3. ULIP and NPS have market risk
4. Some schemes have a penalty for premature withdrawal
5. The terms can also be a bit complicated, so it is important to understand first

Retirement planning is not a big deal, it is just important to choose the right scheme after a little thought. If you invest in these 7 schemes with planning, then you can easily earn up to ₹ 1.5 lakh every year.

Remember

Preparation done today is security for tomorrow. After retirement, when your income stops, this investment makes you self-reliant.