No sweat

Vaibhav (32) is married and lives with his parents. He is a banking professional and earns Rs 2 lakh monthly. He has received a sum of Rs 2 crore on selling his ancestral property. He wants to invest it for his retirement. He doesn't have kids yet, but he wants to save for their education and marriage. Vaibhav has accumulated around Rs 32.85 lakh in mutual funds via SIPs and has an education loan outstanding.

This article was originally published on March 08, 2018, and last updated on September 14, 2022.