1/5 Balancing job insecurity and family responsibilities

The professional life of Indians in their 40s never follows a linear course. While some are facing stagnated growth or are caught off guard with pink slips during times of industry transition, others worry about being shown the door by cheaper, younger guns. At the same time, this stage of life also usually has the heaviest financial loads—education of the kids, home mortgage, and supporting retired parents. The interaction of job insecurity and family dependence is a pressure cooker scenario in which a single professional error at the workplace has the capacity to reverse the family finances.

2/5 Saving gaps add to financial distress

Even during their highest earning years, most mid-career professionals are not saving suffici

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