Financial planning for the middle class used to be about getting old and retiring comfortably or dying youngish and leaving your dependants well looked after. But longer life expectancies have made planning more difficult and more important. "The whole pattern of life is shifting," David Munro, Liberty Life CEO, told Business Times this week. Life insurers have had to adapt. Clients who are relatively well off - a segment Liberty calls "retail affluent" and which forms the heart of its business - have to plan for more than one career now, he says. So saving for education is no longer simply stashing cash to get junior through university; it might be providing for your own mid-career reskilling. "It's more of an educational life journey," Munro adds. And a second or third stint in school could mean you opt for education overseas, which for most people does not mean a simple swipe of the credit card. That is why Munro hits the chords of a tune that has become very fashionable in finan...

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