Dear Ashal, Manish,
Please find below my details, please suggest if my investements are in right direction?
(A) My age : 36 years
(B) Size of family : Spouse , 2 daughters ( 9 years and 1 year)
(C) Monthly income : Rs 90K/Month
(D) Monthly expenses : Rs 30K/Month
(E) Loan liabilities : Home loan 15 lakhs (EMI: 25K : term remaining 96 months)
(F) Current assets & investments : LIC 2 policies ( 1: Double endowment plan yearly premium 3800, 2: Jeevan Surabhi money back-yearly premium 10700-12 year term), Term Plan : Aegon Religare : Cover -1.5 Crore yearly Premium 15K, Child plan : ICICI Prudential Smart Kid : Yearly premium 10500
(G) Current monthly savings : 25K
Please suggest if in addition to above any better investment required to secure the future need?