POSTED BY January 15, 2013 2:05 pm COMMENTS (9)ON
I am Sree aged 33yrs, Married and have dependant Parents,i have a kid of 3 yrs ols have taken KOmal Jeevan 11000 PA and Tata Maha life 17700 PA for him. I bot a house in 2007 for 15 lakhs and closd the Loan,my only Asset..I have bot my 2nd house for 40 Laksh last year with a housing loan of 35 lakhs,My take home per month is 1,00,000.I have very LIC policy for 4 lakhs for me paying Qtrly premuim.My wife has 2 lakh worth policy paying Qtrly premium…
monthly expenses household 30000 pm
rental income of 7500 pm frm my 2nd property
investing in RD 3000 pm
apart from this I get incentives of 50k every Quarter,i use tat to repay principal on my housing loan,Company PF is around total of 60k per year.
I dont have any Term Insurance or SIP in MF,
pls provide me a better planning…