I’ve been discussing my retirement benefits with one of my friend lately. We both are working for a good company at a good post. We were checking with each other our post retirement life. We need to know how well we planned our future depending on our individual lives.

We started first with our provident fund, gratuity and other bonuses from our respective companies. For these amounts we had our individual plan to invest. The only similar thing which we both decided was to invest in share markets. Although we were aware of the risks involved in share market, we decided it would be best to earn some good amount with proper analysis and good decision. The next in line was insurance. Our insurance policy was to get expire next year and we both felt that if we go for extending our policy the premium rate would be more than present.

I personally didn’t feel the need to invest again in such insurance schemes, as their giving tax benefits wouldn’t have any effect on my income status.

The reason coz of which my friend declined investing in insurance again was because he was availing the insurance benefit from one of his investment scheme. Upon inquiry he suggested that he was interested in investing in Pancard clubs ltd. I didn’t know why he was investing in some company and getting the insurance instead of directly investing in some insurance company.

He later explained to me that he is investing in some holiday investment scheme from Pancard clubs limited. He told me that Pancard clubs is a part of Panoramic group of companies, which also manages Panoramic Universal Limited. Panoramic Universal Ltd. (PUL) has been into hospitality sectors for more than a decade and I’d heard about them more enough in my entire career. After again inquiring more about the scheme I felt really interested in the scheme as it provided limited amount of free accommodations for next ten years in their hotels and resorts across India. He even showed me their official blog where they had mentioned about acquiring more hotels in coming five years. This meant that all Pancard club members can have the options of choosing good places to enjoy their vacations.

Even I thought about the investment and found that it would suit me as I was planning to take my wife for a good vacation after my retirement. All these years she has been very supportive and I owe this to her high time.

I had to rearrange some of my plans to include Pancard club investment scheme into my post retirement planning. It was not a difficult task as I had included a separate amount for this specific task. I still think it’s always better to brainstorm any possible conclusions before finalizing the same.

I’ve been lucky enough to discuss my retirement plan with a friend who helped me to think and invest in Pancard clubs limited. Now, I’m just waiting for that opportunity to avail my accommodation rights in my first vacation after retirement.

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