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Principal launches RetireSecure plan
Principal launches RetireSecure plan. “All of us aspire to a financially secure and independent retirement without having to compromise on lifestyle. However, this is easier said than done.
Hyderabad: Principal Retirement Advisors, a part of the US-based Principal Financial Group, on Tuesday launched RetireSecure, a unique and customized advisory solution for post-retirement planning for retired as well as retiring individuals. The solution helps individuals with accumulated retirement corpus, plan their post retirement finances throughout their retired life in a more systematic and tax efficient manner.
“All of us aspire to a financially secure and independent retirement without having to compromise on lifestyle. However, this is easier said than done. Our savings come under severe stress due to inflation, rising health care costs and higher life expectancy. Moreover, with the collapse of the social promise as a result of nuclear family structures we are on our own,” said Rajan Ghotgalkar, Country Head, Principal International-India .
Principal RetireSecure enables those who have retired and about to retire, to make their corpus last through their golden years without having to compromise on their lifestyle, he added.“Forecasting inflation, future trends in expenditure, predicting asset class wise performance and risks etc. is a complex and specialized process. We offer a personalized solution which simplifies the complexities and enables clients to plan for their post retirement needs and aspirations,” said Sudipto Roy, Managing Director, Principal Retirement Advisors.
