Planning for the Five Great Goals of Life

CA Aaditya Chhajed | Last updated: 29 January 2021

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This article outlines the five key financial goals that many people strive for: a comfortable retirement, supporting children and grandchildren financially, caring for parents, and leaving a legacy to an institution. It encourages readers to assess their financial capacity against these aspirations, distinguishing between 'good to have' and 'must have' goals. The piece emphasizes the importance of proactive planning and reviewing these objectives regularly.

I want to talk about the five things that virtually everyone I speak with is trying to achieve with his/ her money. Some people have only one of these goals. Some have two or three. And, not infrequently, I meet people who, with a little prompting, turn out to have a bit of all five. And since these five issues are the main emotional and financial concerns in my own and my familys life, I can effortlessly (and quite genuinely) spark a tremendous amount of empathy on this topic and so can y

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About the Author

CA Aaditya Chhajed

Financial Investments

Our amazing capacity to do good for people who trust us (and for their heirs), and our ability to integrate investments into a total financial plan, these are the essence of the wonderful profession weve chosen. And perhaps the most important thing is: youll never have to worry anymore about your investments. - ... Read more

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