Monthly Archive: July 2016

Jul 24

At retirement prefer flat over house.

  July 24, 2016:   I am 45. I am working in a Gulf country. My father 80, my only dependant, lives on his own in India. I wish to buy a house in 2017 and plan to settle in India by 2026. Should I buy a flat or construct a house? Please suggest suitable …

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Jul 11

Expenses overshoot income, Dig your retirement corpus

                         My dad retires in November 2016 and will live in our own house in Jharkand. My parents’ medical expense is ?5,000 per month. They have separate health cover for ?6 lakh with premium of ?23,000. Both have health issues. How do I manage …

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Jul 04

For Post Graduation avail education loan

              I am 43 and am employed with an MNC. My wife (40) is a home-maker. We have a three-year-old son. I have a group health cover for ?6 lakh. I invest only in equity mutual funds, my fund balance is ?6 lakh. Can I reach my goal with …

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