Wednesday, 3 June 2015

A Comment on How to save for children if Parents are around 40 at time of marriage

My Comment on an article "Financial Dos and Don'ts for parents in their late 30s, early 40s" published in the Dated 02/06/2015 at 5:15 pm.

"Useful article with good tips for managing your funds if you reached near about 40 years age at your marriage time and so need to plan for your children who will be much younger at your retirement age. 

The options mentioned by author are insurance policies, mutual funds, sukanya samriddhi schemes for daughters under 10 years at present and switching over of jobs (to lower risk and higher income ones) and of course look for other part time jobs to enhance income."

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