10 Year Retirement Plan: Advantages & Why Choose | Tata AIA

10 Year Retirement Plan: Advantages & Why Choose | Tata AIA

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A 10 year retirement plan is designed to help individuals build a retirement corpus within a decade. It is suitable for those who begin structured ... Read more retirement savings later in life. By investing regularly or through a single contribution, the plan creates long-term funds that grow steadily and provide income. Many such plans also include life cover, offering financial support to family members in uncertain situations. Read less

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In this policy, the investment risk in investment portfolio is borne by the policyholder.

Rated by 98,837 customers

Plan today for a comfortable Retirement in 10 years

Build retirement corpus with top rated funds 1

Zero premium allocation charges

Withdraw fund for emergencies 2

T&C apply. The linked insurance product does not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially until the end of the fifth year.

A ten year retirement plan allows individuals to save for retirement by contributing over a fixed period of ten years. People who have limited time before retirement but still want a planned approach can consider this plan. Contributions can be made annually or as a lump sum, based on personal finances. The invested amount grows through compounding and is later used to generate income after retirement.

A 10 year pension plan is often chosen by individuals who begin structured retirement planning in their 40s or early 50s. The policyholder pays premiums for ten years, after which the invested amount continues to grow until retirement. The accumulated corpus is then converted into a steady income stream.

For example, Sunil, aged 43, chooses a plan with a ten-year payment term. He invests ₹1,05,000 each year for ten years. The funds grow under the selected retirement plan structure. If Sunil reaches retirement age, the corpus is converted into regular income. In case of his untimely death, the accumulated value is paid to his nominee, supporting family stability.

Non-Participating, Unit Linked, Individual Life Insurance Pension Plan
(UIN: 110L182V08)

Non-Linked Non-Participating Individual Life Insurance Plan
(UIN:110N182V13)

The following are the reasons why one should choose a 10 year retirement plan:

A 10 year retirement plan may suit individuals who begin retirement-focused savings in their 40s or 50s. It provides enough time to accumulate funds without extending commitments into very long durations.

Once the contribution period ends, individuals can realign their finances or add other income sources based on future needs.

The accumulated corpus is structured to offer a steady income, reducing dependence on uncertain sources during retirement years.

The following are types of individuals who can consider buying a 10 year retirement plan:

A 10 year retirement plan offers many benefits, some of which are as follows:

Before selecting a 10 year retirement plan, consider the following:

Evaluate when retirement is expected and how long post-retirement income is required. The plan duration must support this timeline.

Define expected lifestyle, healthcare needs, and family responsibilities. This helps in selecting suitable contribution levels.

Assess income, regular expenses, liabilities, and existing savings. The selected option should fit comfortably within the present resources.

Select asset allocation based on how much fluctuation you can tolerate. Stability becomes more relevant closer to retirement.

Inflation reduces value over time. Consider a plan option that supports growth to match rising costs.

A 10 year plan to retirement works well when combined with existing savings like provident funds, national pension accounts, or property investments. It adds a focused medium-term layer to retirement planning. This structure helps balance long-term assets with nearer retirement needs. By spreading income sources, individuals reduce dependency on a single stream and build stability for post-retirement years.

A retirement plan for 10 year suits individuals who want a clear and time-bound approach to retirement savings. It offers structured contributions, income planning, and family protection. Aligning this plan with personal goals and financial capacity supports a steady transition into retirement. Choosing the best 10 year retirement plan depends on retirement age, income needs, and risk tolerance.

Ten year planning helps build a retirement corpus within a fixed timeline and offers an income after your work life ends.

Premiums may qualify for tax 4 deductions under Section 80C, while maturity or death benefits may receive exemptions* under Section 10(10D).

Premiums depend on age, income needs, policy term, and benefits chosen. Online calculators or advisors help estimate amounts.

The premium varies based on age, contribution amount, income goal, and plan structure. Personal calculations provide accuracy.

Many plans allow entry between 18 and 21 years, depending on policy conditions and regulatory norms.

The linked insurance product do not offer any liquidity during the first five years of the contract. The policy holder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year.

Tata AIA Smart Pension Secure (UIN: 110L182V08) - Non-Participating, Unit Linked, Individual Life Insurance Pension Plan

The complete name of Tata AIA Fortune Guarantee Pension is Tata AIA Life Insurance Fortune Guarantee Pension (UIN:110N161V13) - A Non-Linked, Non-Participating, Annuity Plan.

1 All funds open for new business which have completed 5 years since inception are rated 4 star or 5 star by Morningstar as of August 2025.

©2025 Morningstar. All rights reserved. The Morningstar name is a registered trademark of Morningstar, Inc. in India and other jurisdictions. The information contained here: (1) includes the proprietary information of Morningstar, Inc. and its affiliates, including, without limitation, Morningstar India Private Limited (“Morningstar”); (2) may not be copied, redistributed or used, by any means, in whole or in part, without the prior, written consent of Morningstar; (3) is not warranted to be complete, accurate or timely; and (4) may be drawn from data published on various dates and procured from various sources and (5) shall not be construed as an offer to buy or sell any security or other investment vehicle. Neither Morningstar, Inc. nor any of its affiliates (including, without limitation, Morningstar) nor any of their officers, directors, employees, associates or agents shall be responsible or liable for any trading decisions, damages or other losses resulting directly or indirectly from the information.

2 Partial withdrawals only available 3 times during the entire policy term and only for reasons specified in IRDA Regulations as amended from time to time

3 The word Guaranteed and Guarantee means the annuity payout is fixed at inception of the policy and will be payable for whole of life or till death of the Annuitant(s).

4 Income Tax benefits would be available as per the prevailing income tax laws under old tax regime, subject to fulfilment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.

5 Illustration shows annually premium of ₹2,00,000 for Tata AIA Smart Pension Secure for a 40-year-old male, standard life, premium payment term: 10 years, policy term: 20 years. 4% and 8% are assumed rates of return. 17.61% is the 5-year return of Future Equity Pension Fund as of January'26. Maturity amount: ₹28,75,766 at 4% returns, ₹52,79,414 at 8% returns and ₹2,15,26,670 at 17.61% returns. The fund value calculation is done by projecting the past returns o Future Equity Pension Fund after adjusting for all expenses in Tata AIA Smart Pension Secure Plan. The above values have been calculated, assuming 17.61% p.a. CAGR, which is the past 5-year return of Future Equity Pension Fund as of January'26.

Some benefits are guaranteed, and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits, then these will be clearly marked “guaranteed’ in the illustration table on this page. If your policy offers variable benefits, then the illustrations on these pages will show two different rates of assumed future investment returns. Currently the gross investment returns are stipulated as 4% p.a. and 8% p.a. These assumed rates of return are not guaranteed, and these are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including actual future investment performance.

No Goods and Service Tax shall be applicable on Individual life insurance products as per prevailing laws. Tax laws are subject to amendments from time to time. If any imposition (tax or otherwise) is levied by any statutory or administrative body under the Policy, Tata AIA Life Insurance Company Limited reserves the right to claim the same from the Policyholder.

Linked Life Insurance products are different from traditional insurance products and are subject to risk factors.

The premium paid in Linked Life Insurance policies is subject to investment risks associated with capital markets and publicly available index. The NAV of the units may go up or down based on the performance of Fund and factors influencing the capital market/publicly available index and the insured is responsible for his/her decisions.

Tata AIA Life Insurance Company Limited is only the name of the Life Insurance Company & Tata AIA Smart Pension Secure is only the name of the Linked Insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.

Please know the associated risks and the applicable charges, from your insurance agent or the Intermediary or policy document issued by the insurance company.

The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

Past performance is not indicative of future performance.

If your policy offers variable benefits, then the illustrations on this page will show two different rates of assumed future investment returns. Currently the gross investment returns are stipulated as 4% p.a. and 8% p.a. These assumed rates of return are not guaranteed, and these are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including actual future investment performance.

For more details on risk factors, terms and conditions please read Sales Brochure carefully before concluding a sale. Insurance cover is available under this product.

L&C/Advt/2026/Mar/2411

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