Marriage Planning
What is marriage planning?
Marriage planning means estimating what a wedding will cost when the time comes, and building a dedicated fund to pay for it, through regular saving and suitable investments.
It works like any other goal: a target amount, a date and a monthly plan to get there.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.
The risk marriage planning addresses
Weddings are among the largest expenses an Indian family faces, and costs rise every year. Without a plan, families often take loans or dip into retirement savings to pay for them.
Without it, you could face
- High-interest loans for the wedding
- Retirement savings used up early
- Costs rising faster than expected
- The plan stopping if a parent is no longer there
What marriage planning gives you
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A realistic budget
Today's costs projected forward, so the target is clear.
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Steady saving
Monthly SIPs sized to the years you have.
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Goal protection
Life cover so the plan continues even if a parent is not there.
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Retirement kept safe
A separate fund, so you do not have to break your retirement savings.
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Safer as the date nears
Money moved to lower-risk options in the final years.
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Gold and jewellery
A plan for jewellery purchases, staggered over time.
Is this right for you?
If any of these sound like you, a short conversation with us is a good place to start.
Ask us a question- Parents of children who will marry in 5 to 20 years
- Young couples planning their own wedding
- Families who want to avoid wedding loans
- Parents who want to protect their retirement savings
Consultation, comparison, planning and ongoing support
We help you put a realistic figure on the wedding you have in mind, allowing for rising costs, and build a savings plan that reaches it on time.
We protect the goal with the right life cover, and as the date approaches we move your savings to safer options so the money is there when you need it.
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Consultation
The kind of wedding, the likely year and today's estimated cost.
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Comparison
SIPs, deposits and insurance, matched to the time frame.
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Plan & set-up
A monthly saving plan with life cover for the goal.
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Ongoing support
Adjust as costs and plans change, and de-risk as the date nears.
Marriage Planning: common questions
As early as possible. With 10 to 15 years, a modest monthly SIP can build a substantial fund; with 2 to 3 years, safer options and a larger monthly amount are needed.
Start with today's cost and allow for rising prices. Our inflation calculator and SIP calculator help you size the plan.
Loans add interest costs and pressure after the wedding. Planning ahead usually means you can avoid them.