Having a different financial planning strategy for different stages of one’s life can help lay out in very simple words – investing for various tenures of one’s life cycle.
There are six stages of Financial Life Cycle:

  1. Young Unmarried
  2. Young Married
  3. Married with young children
  4. Married with older children
  5. Pre-retirement
  6. Retirement
Stages of Financial Life Cycle
Financial Life Cycle and Risk profile in every stage

2 thoughts on “Financial Life Cycle – What are the stages?

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