At Pelican we identify and understand different life cycles and suggest a investment plan accordingly. Few key life events are highlighted below
Buying a home is everyone's dream. It is one of the important milestones of one's life. The more you save the lesser will be your financial burden. Choosing a right investment is as important as choosing right home.
- Sow the seeds early: Start saving for the home the moment you begin your career. Early Accumulation of wealth helps to repay the home loans within the working life.
- Check the cash flows: Buying property could affect your Financial Planning for other important aspects like retirement, child education etc. Typically the loan amount will be more than expected. Therefore appropriate long term investment must be made such that you needn't bother during the maturity of the loan.
- Protection: Life doesn't always go as planned. Therefore adequate insurance needs to be taken along the loan amount so that the dependants don't suffer even in the event of any unforeseen circumstances.