Tag: Financial Planning

Life stage planning, Personal Finance

Financial Literacy for your Wife to Live a Stress-Free Life After Your Death

In many Indian families, the husband traditionally handles financial management, leaving the wife unaware of key financial details. This lack of knowledge can create significant stress for the surviving spouse after the husband’s death. Ensuring your spouse is well-educated about the family’s finances is essential to succession planning. The Gender Gap in Financial Literacy According to a report by UNESCO, less than 40% of women … Continue reading Financial Literacy for your Wife to Live a Stress-Free Life After Your Death

Unknown's avatarSunil GandhiLeave a comment
Asset Allocation
Life stage planning, Personal Finance

Do You Know Asset Allocation is the Key to a Successful Financial Planning?

We all know putting all eggs in one basket could be dangerous if the basket goes bust. Similarly, keeping all your savings and investments in one class of assets could be either risky or would not give a reasonable mix of returns. There are several classes of assets available for an individual to park their savings.  Some are risky, some are safe, some are reasonably safe, … Continue reading Do You Know Asset Allocation is the Key to a Successful Financial Planning?

Unknown's avatarSunil GandhiLeave a comment
Early Retirement
Happiness, Life stage planning, Personal Finance

Why Do You Need To Go To The Work Tomorrow?

Many people like to retire early and many do not like to retire till death.  The single most important condition to retire at 40 is to have a desire to retire at 40. Many people who have enough to survive for a couple of generations are not retiring at 70. They keep working and work for money until their body says no. Some people are so … Continue reading Why Do You Need To Go To The Work Tomorrow?

Unknown's avatarSunil GandhiLeave a comment
Will Making
Happiness, Money, Money Basics, Personal Finance, Wealth Management

Why You Need to Make a Will?

A good Financial Planning also takes care of wealth distribution to the next generation. You invest in a life insurance policy to protect your family member after your death. You make a WILL to make their lives easy after your death. You also make a WILL to distribute wealth in a fair way. You make a WILL to express all your wish about your wealth. “When you do … Continue reading Why You Need to Make a Will?

Unknown's avatarSunil GandhiLeave a comment