We are proud to share that our esteemed clients, The Mahajan Family

from Pune, were featured in a comprehensive article in Economic Times Wealth

(January 20-26, 2014).

The article highlighted the Mahajan family's financial journey and how their proactive approach, guided by NS Wealth, helped them work towards achieving their long-term financial goals.

Article Overview: "Early Start, High Saving Rate to Help Reach Goals"

Key Highlights of the Feature:

• Client: Sandeep Mahajan, a 36-year-old IT professional, along with his wife Shweta and daughter Nupur.

• Financial Planning: The Mahajans approached NS Wealth to secure their financial future. The article emphasizes how Sandeep, initially wary of the stock market, decided to take the help of a professional financial planner to overcome his fear of equities and shift towards a more balanced investment approach.

• Focus on Debt Reduction: The Mahajans were holding 67% of their portfolio in debt, which was not conducive to achieving their long-term goals. NS Wealth recommended a more diversified asset allocation, including a strategic shift towards equity investments to ensure higher growth potential over time.

NS Wealth’s Contributions:

1. Personalized Financial Plan: NS Wealth helped the Mahajans define and prioritize their financial goals, including Nupur’s education, marriage, retirement planning, and setting up a contingency fund.

2. Risk Management: The article highlights how NS Wealth addressed the Mahajans’ concerns by guiding them through their insurance needs, ensuring their family was adequately covered in case of emergencies or unforeseen events.

3. Asset Reallocation: To achieve their financial goals, such as accumulating ₹2.6 crores for retirement, NS Wealth recommended a shift from a high debt allocation to a more growth-oriented portfolio. This included setting up SIPs (Systematic Investment Plans), equity mutual funds, and other investment vehicles.

4. Financial Security: With NS Wealth’s guidance, the Mahajans were able to create a structured savings plan, ensuring that they could comfortably meet future financial milestones like their daughter's education and marriage without compromising on their lifestyle or financial security.

   
   

A Testament to NS Wealth’s Approach:

Sandeep Mahajan’s story is a testament to how professional financial planning

can make a significant impact. Starting early, coupled with a high savings rate and proper asset allocation, enabled the Mahajans to work towards their financial goals in a systematic and informed manner. At NS Wealth, we believe in empowering families like the Mahajans by providing personalized, fee-based financial planning services that help them achieve financial freedom. We are honored to have been part of their journey and to have this recognized in Economic Times Wealth.