RETIREMENT PLANNING

Plan for the life beyond your working years

Retirement planning brings together your timeline, future expenses, existing savings and expected income needs to build a clearer picture of the financial resources you may need after regular employment income stops.

Explore Retirement Planning See How It Works

Prospera FinTech helps structure the retirement-planning discussion and identify relevant retirement-oriented solutions. Product-specific terms, execution and ongoing management remain with the respective providers.

RETIREMENT HORIZON Build the picture before the date arrives

Your retirement timeline connects today's savings with tomorrow's income needs

TODAY Understand where you stand

Current savings, existing investments, expenses and financial commitments form the starting point for the retirement picture

THE RETIREMENT TIMELINE

Retirement is a journey, not a single product

A retirement plan brings several moving parts together — from today's financial position to the income you may need years from now

Today

Know where you stand

Look at current savings, existing investments, income, expenses and other financial commitments.

Accumulation

Build towards the corpus

Consider the time available, future expenses, inflation and the savings and investment route being used to build retirement resources.

Retirement

Prepare for the transition

The focus shifts from accumulating resources to understanding how those resources may support the next stage.

Income Years

Plan around future needs

Retirement income needs can be considered alongside expenses, healthcare, existing assets and other expected sources of income.

THE CORPUS QUESTION

How much may you need for retirement?

There is no single retirement corpus for everyone. The requirement changes with your timeline, expenses, life expectancy, lifestyle and resources.

RETIREMENT CORPUS Built around your future requirements

Retirement age Current expenses Inflation Healthcare

Retirement age & timeline

The years available before retirement influence how long you have to build the required retirement resources.

Future expenses & inflation

Today's spending is only a starting point. Future expenses and inflation can materially change the corpus required.

Life expectancy & healthcare

The retirement period and potential healthcare needs are important when thinking about resources for the years ahead.

Existing assets & income sources

Existing investments, retirement savings and expected sources of retirement income can form part of the overall picture.

RETIREMENT-ORIENTED ROUTES

Build the plan around more than one financial route

Retirement planning should not depend on a single product. Different financial arrangements can form different parts of the overall plan.

LONG-TERM INVESTMENTS

Investment-based accumulation

Investment solutions can form part of the accumulation phase, with the route depending on goals, horizon, risk and liquidity needs.

PROTECTION

Insurance alongside the plan

Insurance can help protect a broader financial plan against specified risks and covered events, subject to policy terms.

NPS

A retirement-focused component

NPS can form one component of a broader retirement plan by helping build a retirement corpus through regular contributions, subject to applicable rules.

INCOME YEARS

Plan around future cash-flow needs

Retirement planning can consider expected expenses and the different sources of retirement income available during the income years.

NPS, investments, insurance and other arrangements have their own rules, risks, costs and terms. The relevant product or provider documentation should be reviewed before proceeding.

PROSPERA FINTECH'S ROLE

Where Prospera FinTech fits in

Prospera FinTech can help evaluate your current financial position, estimate future retirement requirements and discuss relevant retirement-oriented solutions in the context of your broader financial picture.

Prospera FinTech Structures the retirement-planning discussion

Relevant solutions / providers Product-specific execution and terms

Your retirement plan Timeline, corpus and income considerations

Prospera FinTech is not the issuer, manufacturer, fund manager or product provider for the financial products discussed on this page. Product-level terms, risks, fees, documentation and execution remain with the respective provider or intermediary.

FROM TODAY TO INCOME YEARS

How retirement planning works

The process starts with your current position and moves towards a clearer view of the resources and income needs that may arise after retirement

Today

Understand the starting point

Consider current savings, investments, income, expenses, financial commitments and the time available.

Accumulation

Estimate the retirement requirement

Bring together retirement age, future expenses, inflation, life expectancy, healthcare needs and existing assets.

Retirement

Consider the relevant routes

Review the retirement-oriented investment, savings, insurance, NPS and other income-related arrangements that form part of the plan.

Income Years

Keep the plan connected to real needs

Retirement requirements can change with expenses, assets, income sources and significant changes in circumstances.

START THE CONVERSATION

Want to understand your retirement picture?

Connect with Prospera FinTech to discuss your retirement timeline, corpus considerations and expected income needs

Discuss Retirement Planning

BEFORE YOU PROCEED

Look beyond the corpus number

A retirement picture is more useful when the assumptions behind it are visible and can be revisited as circumstances change

Timeline

When do you expect to retire?

The expected retirement age and years remaining can influence the time available to build retirement resources.

Expenses

What may your future lifestyle cost?

Current expenses, future inflation and lifestyle expectations can change the resources required during retirement.

Longevity

How long may the income need last?

Life expectancy is an important part of thinking about resources needed after regular employment income stops.

Healthcare

Have future healthcare needs been considered?

Potential healthcare needs can materially affect retirement expenses and the resources required.

Existing resources

What is already working towards retirement?

Existing investments, retirement savings and other assets can form part of the retirement picture.

Income

What sources may support your income years?

Expected retirement income can be considered alongside expenses, existing assets and other available sources of income.

Retirement planning involves assumptions about future expenses, inflation, investment performance, longevity and other factors. Actual outcomes can differ from estimates, and investment products remain subject to their respective risks and terms.

RETIREMENT PLANNING FAQS

Questions people usually ask

Clear answers to common questions about retirement timelines, corpus requirements, retirement income and NPS

Why is retirement planning important?

Retirement planning helps you estimate the financial resources you may need after your regular employment income stops. It considers factors such as current age, expected retirement age, current savings, future expenses, inflation, life expectancy, existing investments and the income required during retirement.

When should I start planning for retirement?

Retirement planning can begin as early as possible. Starting early provides a longer period to build the required retirement corpus and allows investment decisions to be made gradually. However, it is never too late to review your retirement requirements and adjust your savings and investment strategy.

How much money do I need for retirement?

The required retirement corpus varies from person to person. It depends on factors such as current expenses, expected inflation, retirement age, life expectancy, healthcare needs, lifestyle expectations, existing assets and expected sources of retirement income.

How can Prospera FinTech help with retirement planning?

Prospera FinTech can help evaluate your current financial position, estimate your future retirement requirements and discuss appropriate investment and retirement-oriented solutions in the context of your goals and circumstances. The objective is to build a structured plan rather than relying on a single retirement product.

What is the National Pension System (NPS)?

The National Pension System (NPS) is a defined-contribution pension system designed to help individuals build a retirement corpus during their working life. The accumulated corpus can be used to generate retirement income in accordance with the applicable NPS rules. NPS is regulated by the Pension Fund Regulatory and Development Authority (PFRDA).

Can I have NPS along with EPF or PPF?

Yes. PFRDA states that an individual can voluntarily subscribe to NPS along with other retirement or provident fund arrangements such as EPF or PPF, subject to the applicable rules.

How does NPS help with retirement planning?

NPS can form one component of a broader retirement plan by helping investors accumulate a retirement corpus through regular contributions. Retirement planning should also consider NPS alongside other investments, retirement savings, insurance, expected expenses and other sources of retirement income.

Are NPS returns guaranteed?

No. NPS investments are market-linked and the eventual retirement corpus depends on factors such as contributions, investment choices and investment performance. NPS does not provide an implicit or explicit assurance of a specific investment return.