Financial Planning in India – Who’s Doing it Right?

Financial planning can help you define your short-term as well as long-term goals, no matter how personal and specific they are. Moreover, it can help you find a balanced way to fulfil those goals. Be it supplementing your cash flow, raising your standard of living, or simply ensuring your family's financial security, a sound investment plan is indispensable to get you where you want to be. When you invest in a ULIP, or a Unit Linked Insurance Plan, not only do you take a leap towards achieving your long-term goals through the power of compounding, but you also protect yourself against life's uncertainties with an insurance cover. ULIPs are flexible, transparent, and encourage goal-based savings, which is ultimately the best thing you can do to ensure that you and your family are living on your own terms.

Sources:

*https://economictimes.indiatimes.com/wealth/plan/are-indians-good-financial-planners-find-out/articleshow/57958801.cms

#https://www.tomorrowmakers.com/retirement-planning/64-indians-fear-not-being-able-achieve-their-retirement-income-target-article

Δhttps://timesofindia.indiatimes.com/business/india-business/only-33-indians-save-regularly-for-retirement-report/articleshow/65739474.cms