Need Investment suggestions for my retirement corpus ?

POSTED BY adityaraje1990 ON April 12, 2014 9:56 pm COMMENTS (2)

Dear readers,

I am a 24 year old Seafarer (Merchant Navy) and I have a strong desire to invest a sizable amount towards my retirement, but I am unsure as to where I should put it in. I already have a PPF account towards which I am willing to put in 50K per year, also I have two equity based mutual fund for a 5 year tenure. An SIP of 4000 in total going towards both funds on a monthly basis. Having a health insurance of 5 lakhs and a life insurance (Term Plan) of 1Cr.

Please guide me as to where I should invest so that I can generate a sizable corpus at the time of my retirement (Around 2055). Is investing in real estate (PLOTS ONLY) a good option??

Thanks a million in advance. Cheers

2 replies on this article “Need Investment suggestions for my retirement corpus ?”

  1. ashalanshu says:

    Dear Aditya, how about reading this first?

    jagoinvestor. com/forum-finacial-planning-faqs

    Thanks

    Ashal

  2. Viren Phansalkar says:

    I find emergency funds missing in above description.
    Please read:
    http://www.iamnospecial.blogspot.in/2014/02/need-for-emergency-fund.html

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