Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
In this policy, the investment risk in the investment portfolio is borne by the policyholder.
The Linked Insurance Product...
Only one-third of women over sixty
years are married, and on an average,
women will survive their husbands by
fifteen year...
Only one-third of women over sixty-vears
are married, and on an average, women
will survive their husbands by fifteen
year...
Only one-third of women over sixty-vears
are married, and on an average, women
will survive their husbands by fifteen
year...
Only one-third of women over sixty-vears
are married, and on an average, women
will survive their husbands by fifteen
year...
Only one-third of women over sixty-vears
are married, and on an average, women
will survive their husbands by fifteen
year...
Only one-third of women over sixty-vears
are married, and on an average, women
will survive their husbands by fifteen
year...
Only one-third of women over sixty-vears
are married, and on an average, women
will survive their husbands by fifteen
year...
Only one-third of women over sixty-vears
are married, and on an average, women
will survive their husbands by fifteen
year...
Depending on one person’s retirement
savings might be insufficient, as it will be
difficult to maintain same life style po...
Source Link(s): http://www.thehindu.com/features/metroplus/women-and-financial-planning/article8289676.ece
http://pinkswor...
Upcoming SlideShare
Loading in …5
×

Why do Working Women need Retirement Planning

130 views

Published on

Working women are independent and they would always want to live with it even during their retirement. Here are various factors they should consider while they plan for their retirement.

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

Why do Working Women need Retirement Planning

  1. 1. In this policy, the investment risk in the investment portfolio is borne by the policyholder. The Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year
  2. 2. Only one-third of women over sixty years are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men
  3. 3. Only one-third of women over sixty-vears are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person.
  4. 4. Only one-third of women over sixty-vears are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person. By making little sacrifices today, you can help lock in the retirement lifestyle andsecurity you want tomorrow, helping to assure that retirement years for you and your family are in fact your golden years - safe, secure, free of financial worry
  5. 5. Only one-third of women over sixty-vears are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person. By making little sacrifices today, you can help lock in the retirement lifestyle and security you want tomorrow, helping to assure that retirement years for you and your family are in fact your golden years—safe, secure, free of financial worry Always have a long-term view when saving for retirement. It will be beneficial in the later years for your family when health declines and medical expenses increase, including extra care, which may be in-home or in a facility.
  6. 6. Only one-third of women over sixty-vears are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person. By making little sacrifices today, you can help lock in the retirement lifestyle and security you want tomorrow, helping to assure that retirement years for you and your family are in fact your golden years—safe, secure, free of financial worry Always have a long-term view when saving for retirement. It will be beneficial in the later years for your family when health declines and medical expenses increase, including extra care, which may be in-home or in a facility. Consider sacrificing some current salary in return for a good retirement plan, and seek out employers who will match part or all of your savings in a contributory plan.
  7. 7. Only one-third of women over sixty-vears are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person. By making little sacrifices today, you can help lock in the retirement lifestyle and security you want tomorrow, helping to assure that retirement years for you and your family are in fact your golden years—safe, secure, free of financial worry Always have a long-term view when saving for retirement. It will be beneficial in the later years for your family when health declines and medical expenses increase, including extra care, which may be in-home or in a facility. Consider sacrificing some current salary in return for a good retirement plan, and seek out employers who will match part or all of your savings in a contributory plan. The reasons behind the gender pay gap are up for debate, but the reality is women earn less than men, women often are unable to invest as much as men. So, they need to invest more in retirement plans, to ensure a secured future.
  8. 8. Only one-third of women over sixty-vears are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person. By making little sacrifices today, you can help lock in the retirement lifestyle and security you want tomorrow, helping to assure that retirement years for you and your family are in fact your golden years—safe, secure, free of financial worry Always have a long-term view when saving for retirement. It will be beneficial in the later years for your family when health declines and medical expenses increase, including extra care, which may be in-home or in a facility. Consider sacrificing some current salary in return for a good retirement plan, and seek out employers who will match part or all of your savings in a contributory plan. The reasons behind the gender pay gap are up for debate, but the reality is women earn less than men, women often are unable to invest as much as men. So, they need to invest more in retirement plans, to ensure a secured future. Raising children or caring for elderly parents means taking time out of the workforce. Losing those high-paying years could result in lower Social Security payments in retirement. Taking time out of the workforce could also mean less money.
  9. 9. Only one-third of women over sixty-vears are married, and on an average, women will survive their husbands by fifteen years. The combination of being on their own and living longer means that women need far more retirement income than do most men. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person. By making little sacrifices today, you can help lock in the retirement lifestyle and security you want tomorrow, helping to assure that retirement years for you and your family are in fact your golden years—safe, secure, free of financial worry Always have a long-term view when saving for retirement. It will be beneficial in the later years for your family when health declines and medical expenses increase, including extra care, which may be in-home or in a facility. Consider sacrificing some current salary in return for a good retirement plan, and seek out employers who will match part or all of your savings in a contributory plan. The reasons behind the gender pay gap are up for debate, but the reality is women earn less than men, women often are unable to invest as much as men. So, they need to invest more in retirement plans, to ensure a secured future. Raising children or caring for elderly parents means taking time out of the workforce. Losing those high-paying years could result in lower Social Security payments in retirement. Taking time out of the workforce could also mean less money. Women are already at a disadvantage when it comes to saving for retirement. They tend to take more time away from the workplace to care for family members, are less likely to have access to retirement benefits, and live longer than men. Single women are in an even worse spot. They can’t count on a spouse’s income to help shore up their retirement savings. They’re more likely to be shouldering all of their housing costs both while they’re working and in retirement. Thus, for working women, HDFC Life Click 2 Retire is an amazing plan, which protects your principal at risk. There are no Intermediary Charges* and they, therefore, do not eat away at your corpus. There is no liquidity option and hence it supports the purpose of retirement planning. *The product has only Fund Management Charge & Investment Guarantee Charge
  10. 10. Depending on one person’s retirement savings might be insufficient, as it will be difficult to maintain same life style post retirement on single person. By Always have a long-term view when saving for retirement. It will be beneficial in the later years for your family when health declines and medical expenses increase, including extra care, which may be in-home or in a facility. Consider sacrificing some current salary in return for a good retirement plan, and seek out employers who will match part or all of your savings in a contributory plan.
  11. 11. Source Link(s): http://www.thehindu.com/features/metroplus/women-and-financial-planning/article8289676.ece http://pinksworth.com/retirement-planning http://articles.economictimes.indiatimes.com/2014-03-03/news/47859602_1_single-women-regular-basis-husbands/3 HDFC Standard Life Insurance Company Limited. In partnership with Standard Life Plc. CIN: U99999MH2000PLC128245, IRDAI Reg. No. 101. Registered Office: HDFC Standard Life Insurance Company Limited, Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Email: Buyonline@HDFCLife.in, Tel No: 1800-266-9777 (9 am to 9 pm). Life Insurance Coverage is available in this product. For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. HDFC Life Click 2 Retire (UIN No: 101L108V02, Form No: P501) is a Unit linked online pension plan. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. HDFC Standard Life Insurance Company Limited is only the name of the Insurance Company, HDFC Life is only the name of the brand and HDFC Life Click 2 Retire (UIN No: 101L108V02, Form No: P501) is only the name of the unit linked life insurance contract. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. "The name/letters "HDFC" in the name/logo of the Company belongs to Housing Development Finance Corporation Limited and is used by HDFC Life under a license/agreement." ARN: MC/05/2016/7915 BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS IRDAI clarifies to public that • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. • IRDAI does not announce any bonus. • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

×