Life stage financial planning: Saving for children’s goals and retirement in your 40s
Financial planning in your 40s is tricky. Your parents may have retired and may become dependent. Your children’s education and other expenses may shoot up December 23, 2020 / 10:20 AM IST
Note to readers: No two people’s financial plans can ever be the same. Our income, expenses, goals, aspirations and financial obligations differ. But the first principles are more or less common, depending on your age bracket. Moneycontrol personal finance’s new series called ‘Life stage financial planning’ will tell you what these broad principles are, depending on whether you are in your 20s, 30s, or 60s