Sunday, November 13, 2016

My advice to young army men

35000 monthly income
5000 given to parents
2125 for education premium
12500 in a single stock investment
50 lakh invested in a 35 year life insurance
Critical illness and accident insurance worth 25 lakh each, 9000 yearly premium(1000 premium 20 lakh death cover from SBI and 8000 yearly premium, accident coverage by Star Health Mediclaim)
3000, 5 year emi for a car, (Datsun Redigo/Alto)


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