How to use Bharti AXA Life Retirement Calculator Online?
Bharti AXA Life has been a reputed name in guiding people with their financial planning and equipping them with tools to manage their life savings in a better way. With the same thought process, Bharti AXA Life also provides an online retirement calculator that you can use to figure out the amount of money that you need to set aside from now on. The process of using the Bharti AXA Life Retirement calculator is a simple one, and can be done in a few easy steps as follows:
Step 1: Enter Personal Details
Once you have accessed the online retirement calculator on the Bharti AXA Life website, you can start with entering your personal details such as your current age, and the age at which you plan to take retirement.
Step 2: Provide Income Details
The second step would be to provide your current income details, and the current rate of growth at which your income is growing.
Step 3: Provide Details of Investment
The next step would for you to enter the specific details of the investments that you have done so far, and would like to undertake in the future. Furthermore, you would also need to mention the current savings that you have set apart for your retirement. These savings will not include any amount that you have set aside for other important life goals such as buying a house, or child’s education.
Step 4: List down your Expenses
The final step in the process is to enter the expenses that you are currently incurring regularly. You can start with entering your approximate monthly expenses, and then describing the specific spending that you have towards your transport, food, bills, medical well-being, and lifestyle.
Once you enter these details, Bharti AXA Life online retirement calculator will prepare a summary report of your financial health, and will also calculate the money that you should start setting aside in order to lead a comfortable post-retirement life. Furthermore, as one of the best retirement planners in the industry, Bharti AXA Life also provides suggestions for potential investment avenues, in addition to the retirement plans that might be suitable for your financial goals.