F!

NANCIAL PLANNING
(lnvestment planning for generating safe and secured income)

ACTION PLAN
L.

2.

obtain PAN for all members of the family (if not already done).
Have at least two Saving Bank Account and one in Post Office :

a) Husband & Wife

b) Wife & Husband
3.

Third Joint name can also be added, in the name of son

or

daughter

(if considered necessary and advisable)"

4.

Open Public Provident Fund Account (in SBI or Post Officg) in the name of all
members of the family including grahdchildren'

5.

Do not forget to make (and write yourself) NOMINEE in allyour account &
financial papers (like FD, PPF, KVP, NSC, LlC, Share, Mutual Fund, Bonds etc).

6.

place'
Make a detailed list of all your property & money, and keep it in a safe
lndicate the Nominees also in this paper.

7"

8.

With the trelp of a known Advocate, make your WlLl- {Wasiatnama} as early
as possible.
Obtain Passport for yourself and your spouse, and trarrel around the Globe'
Further birth as human being is not certain, hence, see the world before
leaving it.

9.

Subscribe DIGNITY & HARMONY Magazine and read it regularly.

10.

Keep yourself informed of the various benefits/rebates/concessions available

to senior citizens (for 6O years & above), and avail them (like in RAIL, AlR,
BANK FD, INCOME TAX, MEDICAL, TELEPHONE, TRANSPORT, HOSPITAL,
HOTEL etc.).

11.

as a
You can consider giving GIFT or LOAN to your family members not only
help, but also as a Tax Planning Exercise" (But remember that this should be

done only after ensuring your required monthly income'

L2.

Last, but not the least, please consider making some contribution towards
the cause of the society, for people who are unfortunate or less fortunate
than you. This will keep us ALIVE even after we leave this world'

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