Financial planning typically involves different stages that align with the key phases of life. Each stage builds upon the previous one, aiming to secure financial stability and peace of mind throughout life.

1. Early Career (20s to early 30s)

• Focus: Building a financial foundation.

2. Mid-Career (30s to 40s)

• Focus: Growing wealth and protecting family.

3. Pre-Retirement (50s to 60s)

• Focus: Preparing for retirement.

4. Retirement (Mid 60s and beyond)

• Focus: Managing income and preserving wealth.

5. Wealth Transfer (75+)

Learn more on the stages of financial planning : Evolution of Financial Planning – Pomfret Financial