Having life and financial goals is a basic requirement for your financial plan- “If you fail to plan , you plan to fail”
- What happens if you die or become disabled ?
- How do you protect your income in the event of illness , an accident or retrenchment ?
- What happens if you get a dread disease?
- How do you plan to fund the education of your children?
- How do you fund the purchase of your first car or home or overseas holiday?
- When do you wish to retire , what are your needs and how will you be able to afford to do so ?