BQ Big Decisions: Should You Make A Will Even If You’re Young And Healthy
Financial planners say making a will should be as normal as buying life insurance.
BloombergQuint’s Big Decisions podcast gets you the insights you need to make big money decisions with confidence.
The new coronavirus pandemic, which has infected nearly a million people worldwide in just four months, stalled economic activities, put healthcare systems under tremendous strain and jolted financial markets.
It’s a reminder, for many, of how quickly everything can grind to a halt. According to financial experts, this awareness of vulnerability can be used positively to be better prepared for the future.
Apart from the obvious safety nets — health and life insurance — Certified Financial Planner Arvind Rao said people should think of making a will. That’s not only because of the current scenario, but also it’s a good practice, he told BloombergQuint.
On this BQ Big Decisions podast, Rao talked about how to make a will, and why it is something that even someone in their thirties should consider doing.
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