Hi,

I need your expert advise on my financial planning. I am 38 years old and have 2 kids 8 yrs and 2 yrs old. I would like to invest for my childrens education, marriage and my retirment.

My family income from all sources is around 2 lacs and 60K is my monthly expenses including everything.  Following is my savings per month as of now :

PF : 13 K

LIC : 10K

MF (Equity ) SIP : 12K

FD : 50K

I wanted to started another SIP for my 2 yr daughters for her education and marriage and planning to put around 10K SIP for the same. Please let me know what fund should I choose to get better returns. Also what should I do for my retirement plan. I dont have any exposure of Equity and suffered a big loss during 2008 slow down so decided not to entry the stock market again.

thanks in advance