Retirement is meant to be a golden period of peace, relaxation, and fulfillment. But for many individuals in Kerala, especially those from the private sector or self-employed backgrounds, this stage often brings financial uncertainty. Without a government pension, maintaining a stable monthly income after retirement becomes a major concern.
That’s where smart planning and reliable investment options—like the Bajaj Life Insurance Retirement Plans—come in. With expert guidance from My Golden Retire and the trusted leadership of Mr. Vishundas, an authorized Bajaj employee with years of experience in retirement planning, you can create a guaranteed source of income for life.
For expert guidance, reach out today: https://wa.me/918547125619
Why Monthly Income Planning Matters After Retirement
Kerala is known for its long life expectancy, excellent healthcare, and high living standards. But these also mean higher expenses during retirement. When your regular salary stops, you still need to manage:
- Daily living costs
- Health and medical care
- Family responsibilities
- Travel and leisure
- Emergency and inflation-related expenses
Without proper planning, even a large lump-sum savings can vanish faster than expected. Hence, a steady monthly income—through the right investment plan—ensures financial freedom and peace of mind for the rest of your life.
Smart Investment Plans for Monthly Income After Retirement in Kerala
Let’s explore the best options that can help you earn a consistent income and enjoy a stress-free retired life.
1. Bajaj Life Insurance Retirement Plans
If you’re looking for guaranteed lifelong income, Bajaj Life Insurance offers some of the best pension and annuity plans in India.
Ranked among India’s top 4 life insurance companies, Bajaj Life Insurance stands strong without any bank ownership—a mark of its financial independence, trust, and customer confidence.
With Bajaj Life Retirement Plans, you can:
- Receive guaranteed monthly or annual income for life
- Choose between immediate or deferred annuity options
- Include your spouse with joint-life coverage
- Avail tax benefits under Section 80C and 10(10D)
- Ensure peace of mind with stable, risk-free returns
Example:
A 40-year-old investing ₹10,000 monthly in a Bajaj Life Retirement Plan can expect a monthly pension of ₹40,000+ post-retirement, depending on tenure and plan type.
For expert advice, contact Mr. Vishundas — https://wa.me/918547125619
2. Senior Citizens Savings Scheme (SCSS)
This is a popular choice among retirees across Kerala. It offers secure quarterly interest payouts backed by the Government of India.
Key Highlights:
- Interest rate: around 8.2% per annum (subject to revision)
- Tenure: 5 years (extendable by 3 years)
- Maximum investment: ₹30 lakh
However, since SCSS has a limited term, it’s best used alongside Bajaj Life’s lifelong pension plan to ensure continuous income.
3. Post Office Monthly Income Scheme (POMIS)
The POMIS is ideal for conservative investors seeking a safe, regular income source. It’s government-backed and offers steady returns.
Pros:
- Monthly interest payouts
- Secure and low-risk investment
- Suitable for retirees wanting predictable income
Limitation:
- Fixed interest rate, no inflation adjustment
Hence, it works best when supplemented with Bajaj Life Insurance’s inflation-protected pension plans.
4. Mutual Fund SWP (Systematic Withdrawal Plan)
For retirees who can take moderate risk, SWPs in mutual funds allow you to withdraw a fixed amount monthly while your money continues to grow.
Tip: Combine SWPs with Bajaj Life Insurance Annuity Plans for a balance between growth and guaranteed income.
5. Fixed Deposits and Corporate Bonds
Banks and NBFCs in Kerala offer Senior Citizen FDs with slightly higher interest rates (7–8.5%). You can set them for monthly or quarterly interest payouts.
Corporate bonds also provide fixed income, though with a bit more risk. For true financial safety, Bajaj Life Retirement Plans should remain your primary option.
Why Choose Bajaj Life Insurance for Retirement Income?
Bajaj Life Insurance has carved its name among India’s top 4 life insurance companies, competing strongly even without the support of a bank. This achievement reflects its years of experience, financial reliability, and customer-first service.
Here’s what makes Bajaj Life stand out:
- Guaranteed lifelong income options
- Tailored pension plans for every age and income bracket
- Joint life and return of purchase price benefits
- Superior customer service and easy digital management
- Decades of experience in secure retirement solutions
By partnering with My Golden Retire and Mr. Vishundas, you’ll receive personalized retirement guidance to ensure your investment aligns with your goals and risk comfort.
Chat with our expert: https://wa.me/918547125619
Steps to Create a Reliable Monthly Income Plan
- Assess Your Post-Retirement Expenses
Include lifestyle, medical, and emergency costs. - Estimate Your Required Corpus
Determine how much you’ll need to sustain your monthly expenses. - Diversify Investments
Combine Bajaj Life’s guaranteed pension plans with safe and semi-market instruments. - Start Early
The earlier you invest, the more your corpus grows, ensuring a higher pension later. - Consult an Expert
Get customized, no-obligation advice from Mr. Vishundas, who has guided hundreds of Kerala families toward financial freedom.
Example: A Smart Kerala Family’s Retirement Plan
A Thiruvananthapuram-based couple, both in their late 30s, invested ₹12,000 per month in a Bajaj Life Deferred Annuity Plan through My Golden Retire.
After 20 years, they will receive ₹50,000+ per month for the rest of their lives — guaranteed.
Inflation protection
Lifetime income
Spouse cover
Tax savings
This is the power of early and smart pension planning with Bajaj Life Insurance.
The Kerala Advantage: Secure Your Future Locally
Kerala’s educated and financially aware population understands the importance of retirement readiness. However, many still depend on EPF and savings alone. By integrating Bajaj Life Insurance Pension Plans, you can ensure:
- Lifetime security
- Guaranteed monthly income
- Professional support through My Golden Retire
Conclusion: A Tension-Free Retirement Starts Today
A tension-free retirement isn’t achieved by saving randomly—it’s built through smart investment and expert guidance.
With Bajaj Life Insurance Retirement Plans, you gain a guaranteed monthly income, financial stability, and peace of mind. Partner with My Golden Retire and Mr. Vishundas, a trusted and authorized Bajaj employee with years of experience, to secure your golden future today.
Contact for Expert Guidance: https://wa.me/918547125619
Visit: https://www.mygoldenretire.com/