The 40s can be a milestone in an individual’s life. Your career path is charted, your income is stable, and there are several opportunities for growth. On the personal front too, you are settled with a family and possibly kids. However, all these responsibilities bring a number of challenges along with them.
Financial planning in 40s is crucial in order to ensure that you achieve your goals as well as those of your family in the long term. Here are a few pointers to keep in mind so that you can make the most of this life stage by taking steps in the direction of financial security for the well being of you and your loved ones:
These 5 rules can be stepping stones to a financially secure future. Take the first step by opting for Canara HSBC Oriental Bank of Commerce’s iSelect Star Term Plan. The plan comes with flexible premium payment options, numerous payout options and a range of riders for enhanced coverage, including but not limited to, Accidental Death Benefits and Child Support Riders. It also comes with the option to cover your spouse and increase or decrease coverage in subsequent years. Consider the iSelect Star Term Plan and you’ll be well on your way to financial security.