MUMBAI :How do you deal with unexpected financial events, such as medical emergencies or job loss? Most people are unprepared for such events and are eventually forced to dip into their savings. Some already have a financial plan in place to meet any exigencies and their life goals.
To be sure, financial planning and advice are taken much more seriously globally, while Indians are slowly opening up to it.
Ahead of Word Financial Planning Day, which falls on 4 October this year, Mint spoke with a Bengaluru-based family about their decision to opt for a financial planner and how their 10-year financial plan…