- Tata Retirement Savings Fund -
1 % monthly pension at retirement - 12 % yearly
Tata Retirement Savings Fund, is a suite of retirement plans with auto-switch facility
that selects investment plans to suit your age. It invests aggressively in your prime,
moderately as you grow and conservatively in your golden years,
making sure that your investments adapt to the future, just like you do.
Due to better healthcare & personal-care on one hand and improving standard of living on the other,
people are getting healthier and living longer.
It would not be uncommon for people to easily live up to 85 years in the near future.
Moreover, inflation is a “silent killer”.
It reduces the buying power of money and the return on your investments.
Traditional retirement investments may not beat the draining power of inflation.
While they are certainly necessary, they may not be sufficient.
If one assumes that an average individual works up to the age of 55 years,
it would mean that he/she would work for 30 “productive” years
and further if he/she continues to live up to 85 years,
then he/she would lead a retired life for 30 years.
Therefore, the challenge for an individual is how to “fund” these “unproductive” retirement years.
This is the “30-30” challenge.
It is vital to brace up to meet this challenge and avoid the throes of “old age poverty”.
There has never been a greater need for building a voluntary retirement corpus than now.
- Invest in the Tata Retirement Savings Fund - Earn 1 % monthly pension at retirement - 12 % yearly
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