Financial planning is an essential aspect of managing one’s financial resources and ensuring a secure future. In this article, we’ll discuss five situations that warrant a review of your financial planning. Time of Taking LoansTaking on debt, such as a mortgage, student loans, or a car loan, is a common part of financial life. However, the timing and nature of these loans can have a significant effect on your financial planning. A review of your retirement planning should involve assessing your retirement savings, pension, social security, and investment strategies.

Source: News 24 October 23, 2023 15:47 UTC