Retirement Planning
Retire from work, not from income - Build a financially independent future
Your Roadmap to Financial Freedom
Retirement isn't an age—it's a financial milestone. At Dhanam Financial Services, we create personalized retirement plans that ensure you maintain your lifestyle, cover healthcare needs, and leave a legacy, all while maximizing tax efficiency.
Why start early? A 5-year delay can reduce your retirement corpus by 40-50% due to lost compounding.
Key Elements of Retirement Planning
Corpus Estimation
Calculate inflation-adjusted retirement needs based on your lifestyle goals
Includes:
- Current expense analysis
- Healthcare cost projection
- Life expectancy modeling
- Leisure & travel budgeting
Tax-Efficient Savings
Maximize growth while minimizing tax liabilities
Includes:
- NPS (Section 80CCD)
- PPF & SCSS benefits
- Tax-free pension options
- Annuity planning
Post-Retirement Income
Create reliable income streams after retirement
Includes:
- SWP from mutual funds
- Annuity products
- Senior citizen FDs
- Rental income strategies
Health Protection
Safeguard against medical inflation
Includes:
- Senior citizen health plans
- Critical illness coverage
- Long-term care insurance
- Super top-up policies
Legacy Planning
Ensure smooth wealth transfer to heirs
Includes:
- Will drafting assistance
- Trust creation guidance
- Nomination structuring
- Estate tax planning
Retirement Investment Options
| Instrument | Category | Expected Returns | Tax Treatment |
|---|---|---|---|
| National Pension System (NPS) | Pension | 8-10% | E-E-T (Exempt-Exempt-Taxed) |
| Public Provident Fund (PPF) | Fixed Income | 7.1% | E-E-E (Tax Free) |
| Senior Citizen Savings Scheme | Fixed Income | 8.2% | Taxable (80TTB benefit) |
| Annuity Plans | Insurance | 5-7% | Taxable as income |
| Equity Mutual Funds | Market Linked | 10-12% | 10% LTCG (after 1L) |
| Rental Properties | Real Estate | 2-4% + appreciation | Taxable after deductions |
Retirement Planning Scenarios
Starting Age: 35 years
Monthly Investment
₹15,000/month
Projected Corpus (at 60)
₹3.2 crores
Strategy
Started early with balanced equity-debt mix
Starting Age: 45 years
Monthly Investment
₹35,000/month
Projected Corpus (at 60)
₹2.8 crores
Strategy
Aggressive equity allocation with NPS
Starting Age: 55 years
Monthly Investment
₹75,000/month
Projected Corpus (at 60)
₹2 crores
Strategy
Focus on debt instruments + annuity plans
Retirement Planning FAQs
How much retirement corpus do I need?
Typically 25-30 times your annual expenses, adjusted for inflation. We use detailed cash flow analysis to calculate your exact number based on lifestyle goals.
Is NPS better than PPF for retirement?
NPS offers higher returns (8-10%) but has withdrawal restrictions. PPF is more flexible but lower returns (7.1%). We recommend a combination based on your risk profile.
What if I'm starting retirement planning late (after 45)?
We focus on higher monthly contributions (35-50% of income), maximize NPS benefits, and may recommend delaying retirement by 2-3 years to boost your corpus.
How do I generate monthly income after retirement?
Through a mix of SWPs from mutual funds (for growth), SCSS (for stability), and annuities (for lifetime income). We create tax-efficient withdrawal strategies.
Start Building Your Retirement Plan Today
Our retirement specialists will analyze your current situation and create a customized roadmap to ensure financial independence in your golden years.