prs vs epf
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Financial Planning in General Q1. What is Financial Planning? Financial Planning is the process of meeting your life goals through the proper management of your finances. These goals may include buying a home, saving for your child’s education, starting a business or planning for comfortable retirement. Q2. What is the role of a Financial Planner? A financial planner is someone who uses the financial planning process to draw-up a plan with an objective to meet your life goals. The planner takes a “big picture” view of your financial situation and make financial planning recommendations that are right for you. He takes into consideration all of your needs – budgeting, saving, taxes, investments, insurance and retirement planning. He can also work with you on a single financial issue but within the context of your overall financial situation. This makes the financial planner different more comprehensive in his approach than other financial advisors who may be trained only on spe...