In India, strong family ties historically led to relying on children for retirement. Evolving demographics and finances call for a reassessment. This blog explores India's inclination, advocating a shift towards comprehensive retirement planning.
In India, estate planning often gets overlooked. It involves crucial decisions about asset distribution and loved ones' welfare after one's passing. This blog emphasizes its vital importance in the Indian context.
Avoid intertwining investments with insurance in a single product. Though some policies combine both, it's advisable to maintain a separation for better financial planning. This blog delves into the significance of this rule and its associated benefits.
Start investing like learning to swim—begin small, learn gradually. Assess risk, set goals, start with affordable amounts, and diversify. It's a long-term game; don't react to short-term market changes. Plan for financial security like a road trip. Regularly review and seek professional advice.
In an economy such as India, financial planning is essential for several reasons, including the economic security of individuals, families, and the country at large. As varied and dynamic as India is, financial planning is essential to maintaining economic development and stability. India, with a po...