Refer website to a friend

Apply
for
Financial Planning

Financial Planning

Join The Discussion Now
Visit Financial Planning Forum. Discuss with experts and fellow consumers how to select the best Financial Planner.

Free Financial Health Checkup

Age 30-39 years

As your job and career progress, you may be earning more money. However, if you have a family, you will have more responsibilities and new financial goals to achieve.

Many of you would seriously consider buying a home at this stage. You also are beginning to think about long term growth of your capital. If you have some assets and dependants, now is an appropriate time to start thinking of making a will.

Have you...?
Yes
No
Not sure
1. Understood the investments you hold – do they produce income or growth, do they preserve the purchasing power of your capital, do they result in higher taxes, what are they correlated to
2. Protected yourself and your family with adequate life insurance
3. Protected your income to safeguard against illness or disability
4. Reviewed your health insurance needs for emergency situations
5. Increased your regular savings for longer term goals
6. Analyzed your tax bracket and how to minimize your tax liabilities when choosing investments
7. Considered tax efficient savings such as children's savings accounts
8. Guarded against the negative effects of inflation on your savings and investments
9. Reviewed your current home ownership needs and what you can afford
10. Calculated the inflation adjusted cost of your future expenses such as children's education and wedding
11. Considered different asset classes, including mutual fund and stock market investments, for long-term growth
12. Analyzed your approach to stock market fluctuations, portfolio diversification and risk tolerance (aggressive, moderate or conservative)
13. Made a will
14. Updated and written down your long-term financial needs and goals
15. Found a financial advisor you can trust and who understands your needs and goals
 
     
Comments
post new comment      Ask a question
gurleen said :
01/10/2009 		ur gud. but will u help me plan my finaces.i want to invest intelligently