Always consult with professional and qualified experts for making a successful investment plan. It is also important to review it periodically to ensure that the short-term targets are also being met:

• Define financial goals: Define short and long-term goals (1 year, 3 years, 5 years, 10 years, and so on) so that appropriate investment options can be defined.
• Tenure of investments: This will ensure that for meeting the short-term goals, long term investments are not utilized.
• Awareness about Investment risks: Different asset class carries a different level of risk, which may affect the returns. Ensure that the risk involved is aligned with the risk appetite. For ex. Fixed deposits carry lower risk in comparison to direct equity investments or start-up investments whereas real estate investment carries liquidity risk i.e. one may not be able to sell and raise money immediately.
• Don’t wait for the right time to invest: There is no right time to invest. The only right time to invest is now. The earlier you start, the higher can be the sum accumulated.
• Life & Medical cover: While planning for the future, make sure to secure loved ones too by having proper life and health insurance offerings. This will help in securing during uncertain times.
• Investment for Kids: It is always better to plan for children’s education-related expenditure. Accordingly, investing in children’s funds etc is better so that they can benefit from long-term compounding and they may be utilized for their purposes.
• Post Retirement Lifestyle: By starting investing early and with the right investment plan, women can continue to maintain broadly the same lifestyle and remain independent

However, to summarize, the most important objective is to identify qualified, authentic and professional experts (preferably SEBI-registered) for a good start. Having a proper asset allocation (Fixed Deposit, Direct stocks, Mutual Funds, Term Plans, Medical Plans, Gold, Real estate, etc.) is important to have the right mix of risk and return expectations.

This will give the right exposure and a good portfolio for generating healthy returns in long term. The benefits of investing for women are plenty and they should start investing as soon as possible. With proper and regular investments, they can enjoy a greater level of financial freedom and achieve goals with ease. Investing should be a part of your financial plan from the early years of your career. This will provide a significant amount of time to let your money grow. A sizeable fund for retirement can help you lead a comfortable life in your retirement years and at the same time, cater to medical emergencies, family requirements, and a lot more.