How to save for financial goals other than retirement – The National

  • Date: 18-Jan-2022
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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How to save for financial goals other than retirement – The National

When it comes to savings goals, many people traditionally focus on funding a comfortable life after retirement.

However, the economic effects of the Covid-19 pandemic have forced people to reassess their financial priorities, resulting in saving for goals besides retirement.

While retirement and financial freedom continue to be at the centre of people’s saving plans, they are now provisioning for unforeseen expenses, strategic investments, medical emergencies and more lifestyle-related costs such as travelling, Ashok Sardana, founder and managing director of financial services provider Continental Group, says.