For decades, real estate has been the go-to investment for many Keralites. Owning land or property was seen as the ultimate security. However, times have changed — rising property taxes, low rental yields, and market uncertainties have made real estate less lucrative as a retirement investment.
On the other hand, retirement pension plans, especially those from Bajaj Life Insurance, offer stable returns, tax benefits, and lifelong income — making them an increasingly preferred choice for Kerala’s private employees and professionals.
At My Golden Retire, under the expert guidance of Mr. Vishundas — an authorized Bajaj Life Insurance advisor with years of experience — families in Kerala are finding more reliable ways to secure their post-retirement income.
For expert pension planning guidance, reach out to Mr. Vishundas directly at https://wa.me/918547125619.
The Mindset: Why Keralites Prefer Real Estate
In Kerala, land has always symbolized success. Families invest in plots, houses, or flats believing that property prices will keep rising. While this was true in the past, modern trends show a different reality.
Let’s look at why traditional real estate investments may no longer be the best choice for building your retirement income.
Drawbacks of Investing in Real Estate for Retirement
1. High Initial Investment
Buying property requires a significant amount of money — often ₹30 lakhs to ₹1 crore — making it inaccessible for middle-class families looking for regular returns.
2. Low Rental Income
Rental returns in most Kerala cities (like Kochi, Thiruvananthapuram, or Thrissur) average just 2–3% annually, far lower than what retirement pension plans can generate.
3. High Maintenance & Taxes
Property owners face recurring expenses — property tax, repairs, and tenant management — reducing overall returns.
4. Market Uncertainty
Real estate markets fluctuate. Selling a property in a downturn can take months or even years. Liquidity is extremely low compared to pension plans.
5. No Lifelong Income
Once you sell or rent out property, the income isn’t guaranteed for life. After 60, managing or maintaining property becomes an added stress rather than comfort.
Why Pension Plans Are a Better Alternative
Pension plans offer a structured, low-risk, and tax-efficient way to create a lifelong income stream. You don’t need to manage tenants or worry about market prices.
Among the leading options, Bajaj Life Insurance Retirement Plans stand out for their stability, flexibility, and reliability — making them ideal for families in Kerala.
Let’s see why these are becoming the top choice for modern retirement planning.
Top Bajaj Life Insurance Pension Plans for Kerala Families
1. Bajaj Life Guaranteed Pension Goal
A trusted plan offering assured lifelong income with flexible annuity options.
Key Features:
- Guaranteed pension for life.
- Option for joint-life annuity (you and your spouse).
- Return of purchase price to your family.
- Lifetime financial security.
This plan ensures you never run out of income — a true alternative to owning property.
Get guidance directly from an expert: https://wa.me/918547125619
2. Bajaj Life Smart Pension Plus
If you want growth along with protection, this ULIP-based pension plan is ideal.
Benefits:
- Market-linked returns with risk control options.
- Life cover protection.
- Flexible fund switch and withdrawal options.
- Perfect for long-term investors seeking wealth creation.
Unlike real estate, Smart Pension Plus allows liquidity, tax benefits, and compounding power — all in one.
3. Bajaj Life Long Life Goal
Designed for those seeking regular guaranteed income, this plan offers both security and family protection.
Highlights:
- Assured income for life.
- Tax-free maturity benefits.
- Family protection through life cover.
- Suitable for salaried and self-employed Keralites.
Real Estate vs Retirement Pension Plans: Comparison Table
| Criteria | Real Estate | Bajaj Life Pension Plans |
|---|---|---|
| Initial Investment | ₹30 lakhs–₹1 crore | ₹2,000/month onwards |
| Returns | 2–4% (rental) | 6–10% (guaranteed/market-linked) |
| Liquidity | Low | High – flexible withdrawals |
| Risk | Market dependent | Low/Moderate (based on plan type) |
| Maintenance | High | None |
| Tax Benefits | Limited | Available under Sec 80C, 10(10A) |
| Lifelong Income | No | Yes |
| Ease of Management | Complex | Simple & Automated |
From this comparison, it’s clear that Bajaj Life Pension Plans offer better returns, liquidity, and peace of mind — without the burden of managing physical assets.
Why Bajaj Life Insurance Stands Out
- Ranked among India’s top 4 private life insurance companies.
- Independent of banks, ensuring transparency and customer focus.
- Over two decades of expertise in financial protection and retirement solutions.
- Offers guaranteed income and market-linked growth options.
- Trusted by lakhs of policyholders across India.
At My Golden Retire, we simplify the process of selecting the right Bajaj pension plan for your goals and family needs.
Tax Benefits of Pension Plans
Retirement plans not only grow your wealth but also help you save tax each year.
- Section 80C: Deduct up to ₹1.5 lakh in premiums paid.
- Section 80CCD(1B): Additional ₹50,000 deduction for NPS-like plans.
- Section 10(10A): Partial annuity income tax-exempt.
Real estate investments rarely offer such tax-saving advantages year after year.
How to Choose the Best Retirement Plan
- Define your retirement goal: Estimate expenses after 60.
- Decide investment duration: The earlier you start, the more you earn.
- Assess your risk appetite: Choose between guaranteed or market-linked.
- Seek expert guidance: Personalized advice ensures higher returns and better planning.
For free professional consultation, contact Kerala’s trusted pension planner https://wa.me/918547125619
Real Estate + Pension: The Balanced Approach
If you already own property, consider complementing it with a Bajaj Life Retirement Plan. While real estate provides asset security, a pension plan ensures steady monthly income after retirement. This balance keeps your wealth both safe and accessible.
Final Verdict: Pension Plans Outperform Real Estate
In today’s economy, where property maintenance, taxes, and liquidity pose challenges, retirement pension plans clearly provide better value and returns.
With Bajaj Life Insurance, you get:
- Guaranteed income.
- Tax benefits.
- Family protection.
- Stress-free management.
So, if you’re in Kerala and want to build a secure, predictable retirement income, skip the property hassle and go with a proven pension plan.
Get personalized expert guidance from Mr. Vishundas, authorized Bajaj Life advisor at My Golden Retire.
Chat now for professional retirement planning https://wa.me/918547125619