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Do I Need Personal Financial Planning

IndianMoney.com Research Team | Posted On Tuesday, March 24,2009, 05:29 PM

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Do I Need Personal Financial Planning

 

 

Planning for a secure and comfortable financial future is not very easy. May be you are saving to buy your first home/car. Perhaps starting your own business is a dream. The costs of education have increased and you may wonder how you will pay for your child's education. You will probably live longer. Additional years after retirement can cost more than initially planned. Your EPF (Employee’s Provident Fund) may not be sufficient to maintain your standard of living after retirement. Multifaceted financial marketplace and varying tax laws make it difficult to understand your financial picture.

Everyone needs to plan for future. At every income level, there are steps to make more efficient use of your assets and to make sure a secure financial future. It helps to build up well-defined goals and to map out suitable strategies to turn your dreams into reality.

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