New Delhi,19th August 2023 – Col. Rakesh Goyal is an ex-Army officer with more than three decades of experience in the financial markets. He is an alumnus of BITS, Pilani, and a Certified Financial Planner, the highest certification in the field of personal finance all over the world. He has been helping out Armed Forces personnel with their personal finance and investments with the aim to achieve financial independence.
His expertise includes Goal Based financial planning, retirement planning(for people recently retired or retiring shortly), insurance planning(primarily Term insurance), and estate planning(distribution of assets to next generation). He prepares the customized investment plan based on individual requirements keeping their risk profile in mind. Investments are done in all the asset classes(equity, debt, gold, and real estate) through mutual funds, portfolio management services(PMS), and corporate fixed-income instruments. As part of estate planning, he also plans out the distribution of assets to the next generation through WILL writing and the creation of a family trust.
As shared by Col. Rakesh Goyal himself, ” Definitely the years I spent in the service of the nation were most satisfying and fulfilling for me. Sitting in remote border areas, sometimes without internet or even telephone we are isolated from the world. Though physically absent, I felt I should be capable of continuously working towards securing my family financially by making correct financial decisions for my growing children and ageing parents. But I didn’t have either the time or the means to get access to correct, unbiased information. This is what made me study the financial markets myself and subsequently started helping brother officers with their investments too. And after super annuating from the army, my hobby became my passion and Lets Invest Wisely was born. “
Through his venture which started in September 2018, the company (Lets Invest Wisely) helps in managing an individual’s personal finances and investments and improves their relationships with money. They have been helping people with their investments in different financial products as per their risk profile and financial goals. The company primarily caters to retired army personnel and is also including everyone else under its umbrella.