POSTED BY December 23, 2012 10:42 pm COMMENTS (7)ON
I’m 24, my take home salary post taxes/PF/fuel and excluding performance bonuses is a little over 45k. I started investing in PPF last year and ensure to invest upto the ceiling amount.
I have no other financial committments, I stay with my parents so no HR.
After PPF => 45000 – 8300 = 36700. So i’m left with this amount to spare.
Please suggest any other investments I can afford to maximise my savings.Also, what retirement options should I look at? I don’t know if its an appropriate age to think about it but I just want to be clear in my mind.
I don’t want to invest the entire amount, just a reasonable chunk.