Turning 40?It Is Time For Some Smart Financial Moves

The late 30s to early 40s is a significant phase in one’s life. One is about to reach his career peak and would have already bought a home and probably paying EMIs. Most importantly, children would still be growing up. Professional life would be demanding, but he has to find time for the family. Even as other financial goals require to be fulfilled, he would need to focus on a sound retirement plan, which is due in another 20 or a few years more. A wrong financial choice, at this stage, may turn out be damaging in years to come. Shikhar Kapoor, 40, hotelier, angel investor and serial entrepreneur, stays in Noida with his wife, Aanjulie Kapoor, 37, Vaastu and FengShui consultant, and their six-year-old son Atharv. “I started my entrepreneurial journey at the tender age of 24 and have seen a lot of struggle, but now things are quite smooth,” he says. Since Atharv was...