Retirement is not the end of work—it's the beginning of a new life. To live it with comfort and dignity, financial security becomes the top priority. I’m Shankar Krishna Sawant, your trusted LIC Insurance Advisor based in Bardez, North Goa. From my office at H No 585/4 Malim Betim, Penha de France, near Datta Mandir, I offer expert guidance on LIC pension plans to ensure a steady income after retirement.
Pension planning is something that should begin early. Many people overlook it while focusing on short-term goals. But the truth is, the earlier you start, the better your retirement will be. A good pension plan provides a regular income, protects your lifestyle, and gives you the freedom to pursue hobbies, travel, or support your family even after you stop earning.
LIC pension plans are designed to turn your savings into a reliable source of income. These plans offer guaranteed annuity payouts, optional life coverage, and long-term benefits that ensure you never run out of money in your retirement years.
Through LIC’s wide range of pension products, I help individuals from all backgrounds plan their future with confidence. Whether you're a salaried professional, business owner, or self-employed, there's a pension plan that fits your needs and financial goals.
Regular Income After Retirement: Receive monthly, quarterly, half-yearly, or yearly annuity payments.
Guaranteed Pension: Choose from fixed annuity or options that include returns of purchase price.
Flexibility in Premium Payment: One-time lump sum or regular premium options available.
Tax Benefits: Get deductions under Section 80CCC and other retirement-related sections.
Spouse Protection: Options to continue pension benefits for your spouse after your lifetime.
Life-Long Support: Stay financially independent, even without active income.
My role begins by understanding your retirement age goal, current income, savings pattern, and expected lifestyle after retirement. Based on this, I guide you toward the most suitable LIC pension plan, such as LIC Jeevan Akshay or LIC New Jeevan Shanti, which offer guaranteed annuity options.
If you prefer regular contributions, I recommend deferred pension plans. If you’re close to retirement or want to invest a lump sum, I suggest immediate annuity options. I also assist with NEFT registration, premium tracking, nominee updates, and paperwork, so you never face delays or confusion.
A 45-year-old government employee from Betim visited my office with retirement concerns. I helped him select a plan with a monthly annuity option starting at age 60. He now invests regularly, knowing that he will receive a fixed income to support himself and his spouse during retirement.
Retirement should not bring financial stress. A smart pension plan gives you the freedom to live independently and with dignity. Whether you’re 30 or 55, there’s still time to plan. My job is to make this journey simple, practical, and secure for you.