Sentences with phrase «amount till retirement»

While the former enables you to invest a fixed amount till retirement followed by receiving benefits post retirement, the latter lets you invest a lump sum just when you are nearing retirement followed by immediate receipt of annuity.

Not exact matches

So maybe you want to wait till 66, full retirement age, or maybe you want to wait till age 70, because you get a higher benefit amount.

Now the amount you need at your retirement to live a good life till age of 80 years is 25 times your yearly requirement, which comes out to be 25 * 65 lakhs, i.e. 16.28 Cr approx.