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Top Brands Unveil Creative Campaigns for Father’s Day 2026
ETMutualFunds reached out to two experts to understand how to build the portfolio allocation, plan financial security for the fathers and how fathers can leverage mutual funds to achieve financial independence and leave a lasting legacy.
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Start early to achieve financial independence
Planning for financial independence is a long-term journey, and the sooner a person starts, the easier it becomes. Starting early gives investments more time to grow and benefit from compounding, where returns earned over the years generate further returns. Experts believe there is no fixed age to begin planning, but those who start investing in their 20s or 30s generally have a much better chance of building a comfortable retirement corpus than those who delay it until later in life.
Shivam Pathak, CFP and Founder of Asset Elixir said that fathers should ideally begin planning in their late 20s or early 30s.
“The earlier, the better—ideally from the late 20s or early 30s. Money needs time to grow, and a SIP started at 30 will grow much bigger by 60 than one started at 40, simply because it had more years to compound. Mutual funds make this simple—a father just invests a fixed amount every month and lets it grow, without needing to time the market. Returns also tend to be better when given enough time,” he said.
Manish Kothari, Co-Founder & CEO, ZFunds shared similar thoughts. Kothari said that the importance of an early start, emphasizing the power of compounding.”There’s no magic age. The earlier you begin, the more the heavy lifting is done by compounding rather than by your monthly contribution. For instance, to build Rs 5 crore by age 60 at an assumed return of around 11%, someone starting at 30 needs to invest about Rs 18,000 a month, while someone starting at 40 would need nearly ₹58,000 a month for the same goal,” Kothari said.
He further said that mutual funds are a strong vehicle here as they fit every stage – SIPs to accumulate, STPs to deploy a lump sum gradually, SWPs to draw a planned income once you reach independence
Best or right mutual funds for generational wealth
Creating wealth that can benefit not just you but also your children and future generations requires planning over several decades. Since such goals have a very long time horizon, investors can afford to stay invested through market ups and downs and focus on assets that have the potential to grow over time.
Experts believe that building generational wealth is not just about investing more money, but also about choosing the right investment mix that can generate long-term growth while ensuring the wealth remains intact for future generations.
Kothari said that the ideal allocation depends on an investor’s surplus income and time horizon. “For wealth genuinely earmarked for the next generation, the bigger risk isn’t volatility; it’s being too conservative and letting inflation quietly erode purchasing power over 20-30 years. Therefore, the centre of gravity should remain in equity for longer than a standard retirement plan would suggest,” he said.
He further said that the retirement corpus and the wealth you intend to pass on are different goals with different horizons; they shouldn’t carry the same risk profile. The legacy bucket can stay aggressive precisely because you may never need to draw on it,” Kothari added. He further noted that nominations, wills, and ownership structures are essential to ensure wealth is transferred smoothly to future generations.
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Pathak said a diversified approach for goals that are 15-20 years away or longer. “A simple mix works well for long-term goals. Large-cap funds offer a stable, lower-risk core holding, while flexi-cap funds act as an all-rounder by investing across large, mid, and small companies. A limited allocation to mid-cap and small-cap funds can also help, given the long investment horizon involved,” he said.
Common mistakes fathers make while planning retirement
Many fathers spend most of their lives focusing on their family’s needs—whether it’s their children’s education, household expenses, or other responsibilities. However, in the process of taking care of everyone else, they often overlook their own financial future.
Experts say that not planning adequately for retirement or long-term financial security can lead to financial stress later in life, making it important for fathers to strike a balance between supporting their family today and securing their own future.
Pathak said many fathers delay planning for their own retirement while focusing entirely on their children’s needs and keeping too much money in safe options like fixed deposits is another mistake, since these often fail to beat inflation.
He further said that many also stop their SIPs when markets fall, instead of staying invested, and end up mixing up goals-dipping into retirement savings for a child’s education, leaving both short.
Kothari said that funding children’s education or weddings at the expense of one’s own retirement may feel selfless, but there are loans and scholarships for those goals and none for retirement.
“The second is treating insurance as an afterthought inadequate term and health cover means a single hospitalisation or untimely event can unravel years of disciplined saving”
He further said that the third is not getting professional guidance. It is important that families work with a distributor who can handhold and guide them through all cycles of investing and wealth creation
Lessons to teach children about investing
A father’s role in financial planning goes beyond earning and saving money for the family. The habits and values children learn at home often shape how they manage money as adults.
Experts believe fathers can play an important role in teaching children basic financial concepts such as saving regularly, spending wisely, investing for the future, and understanding the value of money. These lessons, learned early in life, can help children make better financial decisions as they grow up.
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Kothari said that the most valuable lessons are about behaviour and discipline and the greatest wealth a father can pass on is not just money, but the wisdom to manage and grow it. So educate and involve kids early – for example, before buying something, ask the child to classify it as a need, a want or a future goal as this develops better money habits or ask them to choose a goal, estimate its cost and decide how much they need to save or invest every month.
Pathak said fathers can teach their children to start early, since even small amounts grow meaningfully with time, and to stay consistent rather than waiting for a big lump sum to invest.
He further said that staying invested through market ups and downs matters more than panicking during a downturn and beyond investing, fathers can also help children develop the habit of saving and spending wisely-giving them pocket money and letting them learn to manage within that budget.
As Father’s Day celebrations honour the role fathers play in their families, experts believe that financial planning is an equally important part of fatherhood. By starting early, staying invested, and passing on sound financial values, fathers can help ensure not only their own financial independence but also a stronger financial future for generations to come.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and twitter handle.
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10 Things to Know About Father’s Day as the Holiday Lands on Its Latest Possible Date
Father’s Day 2026 falls on Sunday, June 21 — the latest possible date the holiday can occur, and one that happens to coincide with the June solstice this year. Here are 10 things worth knowing about the holiday’s history, traditions, and global variations as families across the country prepare to celebrate.
1. The date follows a simple but floating rule
In the United States, Father’s Day is celebrated on the third Sunday in June. The rule is short enough to memorize: the third Sunday in June. There is no equinox math, no lunar calculation, no church table. Count to the first Sunday in June, then add 14 days. That Sunday is Father’s Day. Because June begins on a different weekday each year, the third Sunday can fall anywhere from June 15 through June 21 — and this year lands right at the latest edge of that range.
2. A woman in Spokane is credited with founding the holiday
Sonora Smart Dodd of Spokane, Washington, is usually credited with creating Father’s Day. She is said to have come up with the idea in 1909 while listening to a sermon on Mother’s Day. Dodd’s father, William Jackson Smart, was a Civil War veteran who raised six children alone on his farm after his wife died in childbirth.
3. Dodd originally wanted the holiday on her father’s actual birthday
Mrs. Dodd proposed to the Spokane Ministerial Association and the YMCA that they celebrate a “father’s day.” She chose June 5 because it was her father’s birthday. The idea received strong support, but the good ministers of Spokane asked that the day be changed to give them extra time to prepare sermons on the unexplored subject of fathers.
4. The first official observance happened in 1910
The first Father’s Day in Spokane, Washington, was observed on June 19, 1910, the third Sunday in June, and became an annual event there. Soon, other towns had their own celebrations, though the tradition would take decades to become a permanent national holiday.
5. A mining disaster may represent an even earlier observance
Some historians point to the 1907 Monongah mine disaster in West Virginia as the first observance. The explosion killed 361 men, around 250 of them fathers, and left more than a thousand children without a dad. Grace Golden Clayton, whose own father died in the disaster, asked the pastor of her local Methodist chapel to hold a service of commemoration. The service happened, but it never became an annual tradition.
6. It took 62 years and multiple presidents to make it official
Despite widespread support, Father’s Day was not a permanent national holiday for many years. President Woodrow Wilson wanted to make the day official after a visit to Spokane, but Congress resisted the suggestion, fearing the observance would become too commercialized. President Calvin Coolidge stopped short of issuing a national proclamation in 1924. President Lyndon Johnson recognized the holiday in 1966, but it wasn’t until 1972 that President Richard Nixon signed a law declaring that Father’s Day be celebrated annually on the third Sunday in June.
7. A competing founding story also exists
Sonora Smart Dodd isn’t the only person credited with originating the holiday. Harry C. Meek, a member of Lions Clubs International, claimed that he first had the idea for Father’s Day in 1915. Meek argued that the third Sunday of June was chosen because it was his birthday. The Lions Club has named him “Originator of Father’s Day.”
8. Commercialization came later than the holiday’s founding
The popular story is that Father’s Day was cooked up by greeting-card makers. The actual story is closer to the opposite: it took one woman more than half a century of campaigning, plus three presidents, to get the day onto the calendar at all. Card sales came later, and the public mostly resisted them. In 1938, Dodd collaborated with the Father’s Day Council, a group of New York men’s wear retailers, for the commercial promotion of the observance.
9. Americans are projected to spend a record amount this year
Today, the holiday is one of the most celebrated days of the year in the U.S. In 2026, Americans are projected to spend a record $27.9 billion on Father’s Day, according to the National Retail Federation and Prosper Insights & Analytics. Popular purchases include greeting cards, clothing, special outings, gift cards, and personal care products.
10. The date — and even the season — varies dramatically around the world
Father’s Day looks different depending on where you are in the world. According to International Event Day, more than 111 countries worldwide now observe Father’s Day, though only about 27% celebrate it on the same date each year. Several countries with strong Catholic traditions observe Father’s Day on March 19, the feast of Saint Joseph, venerated as the patron saint of fathers — Spain, Portugal, Italy, and Latin American countries including Honduras and Bolivia follow this date. Germany observes Father’s Day on Ascension Day, a movable Christian feast that falls 39 days after Easter, landing on May 14 in 2026. Australia and New Zealand celebrate on the first Sunday in September, reflecting the Southern Hemisphere’s seasons, where September marks the arrival of spring; that lands on September 6 in 2026. Thailand observes Father’s Day on December 5, the birthday of the late King Bhumibol Adulyadej, who reigned for over seven decades and was widely regarded as a fatherly national figure.
A Quiet Tribute, Often Marked With Color
Beyond gifts and family gatherings, the holiday carries smaller, more personal traditions as well. Some observe the custom of wearing a red rose to indicate that one’s father is living, or a white rose to indicate that he is deceased. Other males — for example, grandfathers or uncles who have assumed parenting roles — are often also honored on the day, broadening the holiday’s reach beyond biological fathers alone.
A Founder’s Lasting Legacy
Sonora Smart Dodd campaigned for the holiday she helped create for more than 50 years before it finally achieved permanent national recognition. Dodd died in 1978 at age 96; her grave in Spokane reads “Founder of Father’s Day” — a fitting tribute to a woman whose decades-long advocacy ultimately reshaped how an entire country marks the contributions of fathers each June.
What This Means for 2026
With Father’s Day landing on its latest possible date this year and coinciding with the June solstice, families across the United States, Canada, and the United Kingdom will mark the occasion on June 21, while relatives connected to countries observing the holiday on different dates — whether in March, May, or September — will have their own separate opportunities throughout the year to honor the fathers and father figures in their lives.
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