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Understanding the Financial Planning
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Until 1990 the investment was largely restricted at Physical Products like Real Estate, Bonds, Fixed Income Deposits & Gold. The opening up of the equity markets has caught the imaginations of the masses. Financial Products were developed around the equity.

Why Financial Planning ?
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As you ascend newer highs in your life, your aspirations and need grow proportionately.

These ever-increasing needs are further compounded by inflation, which depreciates the purchasing power of your hard-earned money.

To achieve your dreams and fulfill your further obligations, you need to carefully plan your finances. This can be done via a sound financial planning that takes into account your current and future needs, your individual risk profile and your income, to chart out a road map to meet these anticipated needs.

Life Stage : 1 Young Adult – Sow and Grow
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During this phase of your life, you build assets.

You get your first job, first home, first car. In addition, you acquire familial responsibilities.

Yet it is also a time when debts could begin to grow.

Your first car and first home may be acquired with the help of a loan.

Life Stage : 2 Mid Life --- Strengthen
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At this stage of your life, your income and expenses both grow. As you get more secure in your career, your advancement could result in a larger income.

But your expenses may grow too. You tend to upgrade your lifestyle.

You pay for the best education that you can afford for your children, get them married and help them settle into their careers.

Perhaps you also use a part of your growing income to pay off the debts incurred in the ‘Sow and Grow’ stage and ‘Strengthen’ stage.

Life Stage : 3 Post Retirement – Reap – Spend well, Live well
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During your golden years, financial responsibilities to your near and dear ones could diminish. You would like to focus more on living the lifestyle you have always wanted to.

You may take holidays, pursue hobbies and donate to charities that you support.

Unfortunately, it is also a time when health issues could begin to catch up with you.

At this stage of life you must be financially very well equipped to ensure that you can live your retirement dreams and meet your health expenses.

A good financial planner make you sail through smoothly in different Life Stages.