Pension Planning in India 2026: NPS, Annuities, and Insurance Pensions
NPS and ULIP pensions carry market risk for higher growth; traditional plans offer guaranteed returns with lower upside. A balanced plan covers essentials with guaranteed income and inflation-beating growth on the rest.
Common mistakes
Buying without checking the annuity rate at maturity, ignoring the spouse with a joint-life option, treating EPF as the whole plan, and withdrawing the entire corpus at once.
Immediate vs deferred
Immediate annuities suit retirees holding a lump sum from superannuation, maturity, or property sale. Deferred annuities suit working professionals building a disciplined accumulation phase. The right choice depends on life stage.
Pension comparisons need numbers against your actual goals - a free assessment runs them. See the pension plans advisory service for free guidance.