What is financial planning?

Financial planning is a structured process that helps you assess your current financial position, define your life goals, and create a roadmap to achieve them through informed financial decisions.

Why is financial planning important?

A financial plan provides clarity on your finances, helps prioritise goals, prepares you for unexpected events, and keeps you focused on long-term financial well-being.

Who should consider financial planning?

Financial planning is beneficial for anyone looking to manage their finances more effectively, whether you are starting your career, building a family, planning for major life goals, or preparing for retirement.

What does a financial plan typically cover?

A financial plan may include goal planning, investment planning, retirement planning, risk assessment, insurance planning, tax planning, portfolio review, and cash flow management.

How is financial planning different from investing?

Investing is one component of financial planning. Financial planning takes a holistic view of your finances and integrates investments with your goals, income, expenses, liabilities, and future needs.

How often should I review my financial plan?

It is advisable to review your financial plan periodically or whenever there is a significant change in your life, such as a career move, marriage, childbirth, or retirement planning.

Can my financial plan be updated as my goals change?

Yes. A financial plan is designed to evolve with you. As your financial situation, priorities, and life goals change, the plan can be reviewed and refined to remain aligned with your objectives.

How do I get started with Geojit Financial Planning?

You can begin with a discussion to understand your financial situation, goals, and risk preferences. Based on this assessment, a personalised financial planning approach can be developed to help you work towards your goals.

Financial Planning Services | Wealth Planning by Geojit

Attention:

Dear Investor, as you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor. https://www.bseipf.com/investors_education.html We believe that an educated investor is a protected investor.

Attention:

Dear Investor, as you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor. https://www.bseipf.com/investors_education.html We believe that an educated investor is a protected investor.

Financial Planning Services | Wealth Planning by Geojit

Plan Today. Prosper Tomorrow.