Bangalore-based couple Jaypriya Srinivas and Jaspreet Singh Chhabra have a clear view of what they want and by when they want it. And now they also have a financial plan to support their ambitions and aims. They are happy to make corrections to the plan and some other near-term adjustments for the long-term benefits.
“I was investing in bank fixed deposits and real estate,” said Jaspreet, adding that he was not happy with the returns. The couple’s main cause of concern then was retirement planning . “There isn’t any social security in India. That was the main reason I wanted a plan,” said Jaspreet. “I also had an insurance policy. But I was very frustrated with the service,” he added. While it was poor service for Jaspreet, the reason was low returns for Priya. Both had surrendered their policies even before approaching the financial planner.
“I had three policies. We surrendered those even before we started financial planning,” said Jaipriya.
