POSTED BY October 30, 2013 2:47 pm COMMENTS (3)ON
Hi Manish, I am now 39 year.Not marraid. Currently I have drawn salary 18000/month.
I have already invest-
(A) In mutual fund through SIP (rs 1000/month in HDFC Top200(G) and and rs 500/month in Reliance Gold saving.
i> On 2009,unfortunately I have taken two LIC’s Jeevan Saral Plan(mode of premium:half yearly, premium 6000/half year each, total premium:24000/year, Term: 15 year).I have given only 1 year(total 12000+12000=24000). There after I have not pay further premium. If I want to pay again, need above 36000 each for two policy. I am confused,whether <a>stop or<b>paid only 5 year or <c> continue these policy .Please advice.
ii>I have heard ‘On Long Term’, LIC’s ‘Jeevan Saral Plan’ will precise, will give approx 18 lakh in 31 year(if premium 500/month), also have precise life cover. So in this year, I have taken LIC’s Jeevan Saral Plan (two policy 6000/year, one for 25 year term and another for 31 year term, total premium 12000/year).
iii> One endowment policy of LIC (already paid 8 year,already paid 6 year,premium:- approx 1800/year only, term:-20year).
iv> LIC’s ‘Jeevan Mitra’ policy(already paid 7 year,premium:- approx 3217/year only, term:-17year,SA:50000)
(C)For retirement purpose-[I know these are very less amount for retirement purpose]
<a> LIC’s ‘Market Plus’ policy(already paid 6 year,premium:5000/year, Term: 20 year ).
<b>TaTa AIG’s ‘Mahalife Gold’ policy(already paid 4 year,premium:5019/year, Term:15 year,SA:54000)
(D)My further aim-[A] PPF minimum 4000/ monthly(or 48000/year at the Start in financial year). [B] NPS, for retirement purpose.
Mr Manish, please advice on my already invest and my aim. I really do not want to fall in pressure. Also advice about on NPS(National Pension Scheme for me) and more.