Hi,
I am 36 year old married man. I have a 6 month old daughter. My annual package is 9 lakh. I have taken home loan with 25k per month installment. Below is my portfolio. I want your advise on them for any modification/deletion/addition. My long term goal is to have money for my daughter education, marriage & money for retirement
1) LIC – Jeevan Anand: 5 lakh assured, 36k per month premium for 16 years. I have already paid for 5 years. Shall I continue it or surrender it?
2) LIC – Term plan: 25 lakh sum assured, 14k per month premium.
3) ICICI Life term: 5 lakh sum assured, 20k per month premium
4) PPF: 25K per month
5) SIP of 2k per month
Thanks,
Sanjiv