Financial Planners

Over 50% individuals feel savings not enough for future, finds study

More than half of Indians surveyed feel unprepared for their future despite having a detailed financial plan or having done some degree of planning, says a study. The study of individuals in the age group of 35 to 54 years who financially provide for their ageing parents and growing children found that 60 per cent of respondents feel their savings are not enough for future. The respondents agree that "no matter how much they save or invest, they feel like it's never enough for future", the study by YouGov said. A majority 94 per cent of respondents said they either have a detailed financial plan or have done some degree of planning, the study, which surveyed more than 4,000 people across 12 cities across India, said. The study of aspirations, attitudes and financial preparedness of individuals in the 35-54 years age group stated stated that more than 50 per cent worry about running out of money, always feeling behind and not doing well enough despite efforts. "They show high relia

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