Build Wealth Even After Retirement
Market-linked plans are designed to grow your corpus and preserve legacy
Secure Post-Retirement Wealth Growth
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Why Consider Wealth Plans During Retirement?
Retirement doesn't mean stopping wealth growth, it's about strategically growing your corpus to combat inflation, cover rising medical expenses, and create a lasting legacy for loved ones. ULIPs for seniors offer conservative fund choices with downside protection, flexible partial withdrawals for lifestyle needs, and lifelong coverage against longevity risks. These plans help maintain purchasing power while ensuring tax-efficient wealth transfer to heirs.
- Preserves and grows retirement savings through balanced investments
- Offers liquidity for healthcare and lifestyle expenses when needed
- Secures family legacy with life cover and systematic withdrawal options
Top Wealth Creation Plans for close to Retirement/Retired
5 plans found | View:
Shriram Life Wealth Pro
Designed to help single women build long-term wealth while maintaining financial independence and planning for personal goals.
- Structured savings for steady wealth accumulation.
- Flexible premium options to suit career growth and lifestyle changes.
- Life cover to provide financial security and peace of mind.
Shriram Life Growth Plus
A long-term wealth-building plan for business owners, offering disciplined savings, flexible payouts, and protection for key life and business milestones.
- Regular wealth accumulation tailored to business income
- Goal-aligned benefit payouts
- Flexibility to adapt as business grows
Shriram Life Fortune Builder
Helps business owners and self-employed professionals create wealth steadily while securing future personal and business financial goals.
- Long-term wealth creation with disciplined savings
- Premium flexibility aligned with business cash flows
- Life cover to protect family and financial responsibilities
Shriram Life Golden Jubilee Plan
Long-term financial security and wealth creation plan for self-employed individuals, combining life cover with structured growth for personal and professional milestones.
- Focused on consistent wealth growth for business owners
- Structured premium payments supporting long-term planning
- Life protection integrated with financial goal planning
Shriram Life Pension Plus
Plan your retirement with this deferred annuity plan and enjoy a regular income later.
- Coverage of up to 35 years
- Multiple Funds
- Unlimited Flexibility during policy tenure
Why Choose Shriram Life?
Every decision counts and choosing a dependable life insurance provider becomes even more important. At Shriram Life, we understand the needs of Indian families and offers support that feels personal, accessible, and reassuring.
Years of Building Prosperity
Lives Covered (Retail + Group)
Branches Pan India
Claim Settlement Ratio
Why Choose Shriram Life?
Every decision counts and choosing a dependable life insurance provider becomes even more important. At Shriram Life, we understand the needs of Indian families and offers support that feels personal, accessible, and reassuring.
FAQs
What is a ULIP-based wealth creation plan?
ULIP wealth creation plans invest premiums in market-linked funds (conservative debt/hybrid for retirees) while providing life cover against longevity risks, helping preserve and grow retirement corpus. Ideal for those near/in retirement, plans like Shriram Life Pension Plus and Golden Jubilee Plan offer steady growth, flexible withdrawals, and legacy protection in one policy.
Who is eligible for ULIP wealth creation plans?
- Age range: Typically 30-65 years entry (plan-specific), with extended maturity up to 85–100 years for lifelong coverage.
- Income proof: Retirement corpus proof/PF statements; pension documents or bank statements showing regular inflows.
- Health requirements: Medical tests usually required; pre-existing conditions disclosed for accurate mortality charges.
- Residency: Indian residents/senior citizens; NRIs with valid KYC eligible for most plans.
Which age is best to buy a ULIP for wealth creation near retirement?
Age 55-65 is optimal for retirees as it allows 10-20 years for conservative fund growth while securing lifelong cover at reasonable rates. Premiums remain manageable with shorter terms, and plans like Shriram Life Fortune Builder (single premium) suit lump-sum deployment of retirement savings effectively.
How much should I invest in a ULIP wealth plan near retirement?
Target 20–30% of annual retirement income or available corpus for balanced growth, focusing on debt/hybrid funds. Example: ₹50 lakh corpus, ₹10-15 lakh single premium or ₹50,000/month for 5 years in Shriram Life Wealth Pro; aim for 7-9% returns over 15 years to combat 6% inflation while preserving capital.
Do I get money back from ULIP wealth plans if I survive?
Standard ULIPs return fund value at maturity (no death claim), reflecting market performance minus charges. Return-of-premium variants refund premiums if no claim is made; however, staying invested typically yields better returns through growth for retirement liquidity needs.
