POSTED BY April 14, 2013 6:21 pm COMMENTS (3)ON
I am looking for some fixed income options which would be cover my family expenses 10-15 years from now. I wanted to know the +ves and -ves of each category.
I am a 35 year old, I am debt free(own my apartment, car and a residential plot). I don’t have medical insurance and hold a term life insurance which covers 2.5 times of my current annual salary. I have built up a some fixed deposits in my wife’s name over the last few years and intend to continue this. (her income is below the taxable limit). Also, i am in the 30% tax bracket.
Thanks in Advance,
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