Comfort with risk, goals help tailor the right plan
Sameer Ginwala and Sunainaa Chadha are taking one step at a time to secure the future
When it comes to financial planning, the solution can’t be one-size-fits-all. The combination of investment products that works for one individual may not do so for another, depending on various factors such as life stage, risk capacity and even personal circumstances. Delhi-based Sameer Ginwala, a captain in a private airline, first went for a financial plan when he was in his early 30s, but his “comfort with risk" has only evolved about three years later. Typically, it is in the 20s and 30s age bands that individuals are encouraged to invest most of their savings in equities, especially for long-term goals.
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