If you are 35 years old, you are likely to have just started a family. Are you having a good financial plan to take care of your family and your own savings needs for retirement? It is still not too late for you can make a review of your financial situation and change your plan for the future.
Here is a sample financial plan for a person at age 35. You can study it and understand the importance of getting a good yield on your investment (i.e. at least 4% p.a., compared to 2% p.a.). You should also study the yield that you are getting on your life insurance policy, especially if it represents the major portion of your personal savings. You should also see the monthly income that can be generated from your savings, AFTER adjusting for inflation.
You can do your own financial plan, using your past and monthly savings, and see how much you can have at retirement.
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