On a lighter note, retirement can be a great joy if you can figure out how to spend time without spending money. But that’s not going to happen as after you take leave from regular work you have double time to spend with just half of the money. But that doesn’t mean you should give up your financial independence and hence, it is necessary to plan your post retirement life. To put it in simple words you need retirement solution. This is extremely important, because, unlike developed nations, India does not have a social security net. What also makes retirement solution empirical is the fact that due to medical advancement our lifespan has increased but the number of working years are still the same.
Every parent wants to give the best of education to their child, but rising education cost and inflation make it quite a challenge. Having a child plan helps you to build a corpus to fulfill their dreams when they would need the most”. Before opting for a child plan, one should consider the range of events for the child such as their education, hobbies, sports, etc. and make provisions for them.
They say tax and death is probably the only things you cannot avoid. We don’t know about death, but yes, you can definitely cut down your tax if you invest in certain tax saving products. The tax exemption limit varies for individual investors as per the tax slabs revised during budget session every year. Under section 80C of the income tax act, you can invest in certain products to avail taxation benefits on your income for a financial year.
The only thing permanent in life is "change". Time change. People change. So does life. You expect life to be much better tomorrow than it is today. Tomorrow, you hope to fulfill all your dreams and aspirations. But what happens, if things take an untoward turn? What if life doesn’t happen the way you planned it for? At Lamar Wealth Solutions, we understand this. We know that an unexpected change in your financial situation can be incredibly stressful. Hence, we help you in your need analysis, to assess your financial health. We make sure that whatever be the situation; financially your life will never go unrestrained. So, we bring for you the most preferred solution: Financial Assessment!
Undoubtedly, we all know that “Cash” is king and life blood for any business. As a business owner you have to monitor, measure, invest, borrow and collect enough money so that a business can operate on smooth track. It all comes under the cash flow management umbrella. It is the most vital part of any business yet business owners often don’t give it the attention it deserves. As a business owner if you put little extra effort on cash flow management, it may result in terms of improved credit ratings and higher business values.
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