For this many people invest in different places. Some people invest in mutual funds and some invest in government schemes. If you are also looking for a good investment plan for retirement. Then LIC's new Jeevan Shanti plan can prove to be quite suitable for you.
In this scheme, you are given pension throughout your life and get financial strength at the time of retirement.
You have to invest once in this scheme, you can invest a minimum of Rs 1.5 lakh in this scheme. There is no maximum limit on investment in this.
If you invest Rs 11 lakh in this scheme at the age of 55 years. So after 5 years i.e. after the age of 60 years, you will get a pension of Rs 1,02,850 every year. If you want, you can take it even after 6 months.
Any Indian citizen between 30 years to 79 years can apply for this scheme. This scheme has both single and double plans, you can invest in either one.