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Are you about to retire? Here’s how your retirement portfolio should look

Mar 19, 2018 | 2 years ago | Read Time: 2 minutes | By iKnowledge Team

A good blend of different financial products is your safest bet for a robust retirement portfolio.

Are you ready for retirement? An unplanned future could lead to difficulty in managing expenses during the retirement stage. With no salary income to fall back on, the golden years may not be as shimmering as you would expect them to be. Chalk out a retirement plan for a promising life ahead. Create a portfolio by investing a small amount every year. Here’s what it should look like:

  • Equity mutual fund

An equity mutual fund invests directly in equity shares. You can choose an equity fund depending on your risk-taking ability. For example, a blue-chip fund invests your money in equity shares of stable, large companies. Here, your investment is likely to grow steadily, whereas, a small-cap fund invests in small companies that can grow at a faster rate but the risk of such companies failing is greater.

Stock markets may not perform well all the time. This means, your equity mutual fund may underperform when the stock market is in a correction mode. Thus, you need to contribute a small amount in an equity mutual fund. The contribution can be done through a Systematic Investment Plan (SIP), regarded as a disciplined option to invest in a mutual fund.

  • Balanced fund

A balanced fund is a mutual fund that invests your money partly in equity shares and partly in debt instruments like a government bond. The money invested in a debt instrument pays interest regularly, while the performance of equity component depends on stock market. You must contribute a greater amount in a balanced fund to stabilize your portfolio.

  • Health & Term insurance

Your portfolio must include a health and term insurance. A health insurance can cover the cost associated with a hospitalisation. Whereas, a term insurance provides a lump sum amount to your family in your absence. The earlier you start investing in these products the lower the premium you pay each year to cover the risk. Besides, you can claim tax benefit on the premium paid each year.

  • ULIP

A Unit Linked Insurance Plan (ULIP) is a combination of an insurance cover as well as an investment plan. Your portfolio must include a ULIP. You can either opt for an annual premium or a one-time premium. Both payments can be claimed for a tax benefit.

Aegon Life offers iMaximize plan that invests in six different funds having a varied proportion of debt and equity assets. Moreover, your family remains protected financially in your absence. Also, you can switch your investment between different funds, when one of the funds may not be performing well in the market.


Diversifying your retirement portfolio with a mix of debt and equity assets can assure your well-being during your retirement. While, including an insurance cover can further provide financial protection to your loved ones. And, most important of all, research online what is financial and investment planning so you always make an informed decision.

If you are worried about the well-being of your loved ones, a health insurance plan and a life insurance policy such as Aegon Life iTerm or iMax plan will provide you with the much needed peace of mind.


iTerm Plan

Life Insurance Plan with 3 Options to Choose from

  • Life Protect (Life cover till age 100 years)
  • Protect Plus (5% Automatic Increase of life cover)
  • Dual Protect (Protection + Regular Income)
iTerm Plus Plan

Life Insurance Plan with 4 Options to Choose from

  • Life Plan
  • Life Plus Plan
  • Life & Health Plan (10 Critical Illnesses covered)
  • Life & Health Plus Plan (36 Critical Illnesses covered)
iInvest Plan

iInvest Plan with 3 Options to Choose from

  • Increases Your Investment
  • Boost Your Fund Value
  • Withdraw Your Investment
What happens if payment of premiums is discontinued in ULIPs?
Day before Entrance Test and Medical Test for Insurance
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