After Age of 90, How Can You Do Financial Planning?


Money does not fall from the sky. Like a natural product, one needs to support and deal with money related arranging. With rising future, we are living longer than any time in recent memory. An individual living till 75-85 years is an ordinary event today, with a decent measure of money related assets being spent on medicinal services in the last piece of their life. Furthermore, our money related objectives have extended in size and desire. Twenty years prior, a resigned life implied constructing a home on the plot of land that one purchased.


Beyond 70-80 years of age, leaving a legacy for grandchildren, distributing assets among children and remaining financially independent are critical goals. As you hit 90s, health costs surge unless you remain extremely fit. As you can understand, at different age brackets, our financial needs differ. This means your strategy and game-plan to achieve desired outcomes will also change as you age. These factors need to be enshrined in your financial planning.

Go For Expert Advice

Looking after your job, family duties and social commitments are not easy. But, such is life. While earning money may seem easy once you gain expertise and experience, saving and investing the same to grow wealth is not easy. It calls for expert advice. Mere thumb rules, shortcuts, broad-based plans and general advice cannot do the trick. Wrong moves such as not accounting for proper inflation itself can throw your financial plan into jeopardy.


Financial planning is an extremely personal task and one which will need the best of professionals. Just like we have that one doctor and one lawyer we rely upon one, financial planning requires a dedicated financial expert who will spend the time to understand your needs, your problems and your desires. Investing in an equity mutual fund, or buying a great property cannot be an all-weather proof financial plan. This is why it is vital that you understand that merely earning buckets of money cannot help you always. Because, there will be a time when you may not have a job, but your financial commitments will still be around.