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While everyone knows the advantages of having an early retirement plan in place, they often delay planning it because other financial priorities weigh down on retirement plans. Other priorities such as childcare, medical emergencies and lifestyle expenses make it difficult to save money and invest in early retirement planning.
But to reap the maximum benefits of retirement planning, it is best to start as soon as possible.MORE
Retirement financial planning falls into an essential aspect of financial planning. It simply means being prepared financially for all aspects that your retired life includes such as healthcare expenses, miscellaneous expenses etc. Having a retirement plan in place not only ensures an additional source of income but also helps in any unexpected medical expenses, life aspirations so that you can be financially independent well into your golden years.
Having retirement planning in placeMORE
Retirement planning is one of the most overlooked aspects of financial planning in India. However, with increasing life expectancy, retirement planning is extremely important. When you start to invest early you can reap the benefits of a significant corpus. For most of us our 50’s are a milestone age and the last chance to get our finances in order.
Unit linked insurance plans are life insurance policies that come with an added advantage of market-linked returns. ULIPs are one of the best investment options for those who are looking for investment returns from their insurance policies.
Besides their return potential, ULIPs have various advantages which make them one of the best investment options. Given below are some reasons why investing in ULIPs makes sense –
- Added insurance protection
Pronouns are words that we use to refer to someone without using their name. They are important in the LGBTQIA+ inclusive environment because they allow us to respect people's preferred gender identity. People can use many different pronouns, and it is important to ask someone what their preferred pronouns are before assuming. Some common pronouns include:
- - she/her/hers
- - he/him/his
- - they/them/theirs
What difference does it make?MORE