Financial needs and goals change at every stage of our life. An individual in their thirties will tend to have a different outlook than someone in their fifties. By opting for the right investment plan at an early age, we can ensure financial security at all stages of life.
Financial planning can help in various moments of our life. Some of these may be:
- When planning a family
- For purchase of important assets
- In case of an illness or unfortunate event
- Ensuring comfort during the retirement years
- Planning a legacy for your children
Life’s Stages: aged below 30 years
These are the carefree years when earning is for fun and enjoyment and paying off any loans. At this time, hardly any thought is given to the future or retirement.
However, beginning an investment plan at this age, no matter how small, can offer you enormous benefits in the future.
To know the right plan to start your financial planning , without burdening yourself, connect with Rafiya today.