08/02/2022
Why Organize?
For your Retirement Plan!
According to a recent study by the Department of Health & Human Services, for every 100 people starting their careers at the age of 25 yrs and the following situation exists at their age 65:
54 are Dependent on their Children
36 have died
5 are still working to Survive
4 are independent
1 is Wealthy
After the working span of over 40 years they earn lot of money and spend, but finally are left with very little, or nothing in the old age.
Unorganized people go on spending & save something, if left.
THESE PEOPLE DID NOT PLAN TO FAIL… THEY FAILED TO PLAN! WHY THEY FAIL?
Ignoring the “start investment early” part of life.
Fail to create a budget (Too many expenses, loans & less savings);
Skipping the emergency fund;
Over concentration in the real estate;
Inadequate insurance against risks of Death, Disability, Diseases & Loss of Income;
Lack of goal setting & planning - no written Financial plan;
Invest only to save on taxes;
Don’t know how to plan and not realized importance of saving
Lack of specific goals and objectives
Multitudes of investments choices (Blind race for high returns)
Always postponed planning (waiting for favorable time and money which rarely happens)
No one persuaded them to plan and act immediately.
PLAN, ACT RIGHT NOW & ACOMPLISH FINANCIAL FREEDOM COMFORTABLY.
Most People don’t do anything wrong. They don’t do anything – That’s what wrong
How do we obtain financial success? It is through Financial Plan!
Questions to ask yourself:-
What are my ultimate responsibilities towards my family?
What is my Financial Goal?
(Child education & marriage, income protection, retirement, etc.)
How much money do I need for my Financial Goals?
Do I have Health Insurance, so that if any medical emergency arise don’t have to use my saving?
How much Loan should I take?
Are my Liabilities (Loans) covered through Insurance?
Is my family secure! If any unforeseen event happen, at least to cover day to day expenses?
Who will remember me or support my family after I die? Just collect three names?
If the answer to above question are not clear than u need financial plan!
Contact us for more detailed Financial Planning on below info ………………..
KIRAN FINTECH & WEALTH MANAGEMENT
------------------Rays of Financial Strength------------------
Think Today, Act Now, Because,
There is No ‘TOMORROW’ for Insurance
