By making two simple calculations today, you can ensure that you look forward to a secure future for yourself and your family.
Your calculations will be based on two future events:
1. If you live to a very ripe old age.
2. If you pass away when your family still needs you.
Nobody can predict with absolute certainty how life will turn out. But if you are well-prepared for all outcomes, you won’t have a reason to worry.
Let’s consider what happens if you live to a ripe old age. Do you want to depend on someone for your medical bills? Do you want to request someone to take care of your daily needs? You won’t have to do it if you use an EPF Calculator India that websites provide. Know your required EPF contributions today and be vigilant in scaling those up, as per the Provident Fund you require on retirement.
The second event means you won’t be around to take care of your family. Therefore, you must buy life insurance. Use a Human Life Value (HLV) Calculator that helps you determine the value of your life in terms of financial output. It will assist you in finding out how much income your dependents require if you were gone. Your loved ones will lead the same lifestyle that you gave them.
Once you have these two figures, religiously match up your monetary contribution. It’s for the future of your loved ones, after all.
Your calculations will be based on two future events:
1. If you live to a very ripe old age.
2. If you pass away when your family still needs you.
Nobody can predict with absolute certainty how life will turn out. But if you are well-prepared for all outcomes, you won’t have a reason to worry.
Let’s consider what happens if you live to a ripe old age. Do you want to depend on someone for your medical bills? Do you want to request someone to take care of your daily needs? You won’t have to do it if you use an EPF Calculator India that websites provide. Know your required EPF contributions today and be vigilant in scaling those up, as per the Provident Fund you require on retirement.
The second event means you won’t be around to take care of your family. Therefore, you must buy life insurance. Use a Human Life Value (HLV) Calculator that helps you determine the value of your life in terms of financial output. It will assist you in finding out how much income your dependents require if you were gone. Your loved ones will lead the same lifestyle that you gave them.
Once you have these two figures, religiously match up your monetary contribution. It’s for the future of your loved ones, after all.
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