What state of financial health are you in?

Take this quiz and understand the state of your financial health when it comes to planning for retirement!

Choose the option that best matches your answer.

1. Do you have a financial plan in place?

Yes, I have one that I follow fastidiously.
Yes, I try to follow it as much as possible.
No, or not yet at least.

2. Approximately how much of your salary goes into your savings?

More than 30%.
Around 20-30%
Less than 20% or none at all.

3. Do you have an emergency fund?

Yes, and I contribute to it on a planned regular basis.
Yes, I contribute to it whenever I can or after receiving a bonus.
No, or not yet.

4. Do you have an alternative source of income?

Yes, I have a regular stream from my investments or other sources.
Not exactly, but I have things in place such as annuities for retirement.
No, I only have my monthly salary.

5. Have you started saving for your retirement?

Yes, I started as early as I possibly could.
Yes, I have started, but it is not my number one priority.
No, or not yet.