Wednesday, November 11, 2009

INVESTING FOR RETIRMENT

how can i plan my savings
vijay sappatti

i am 42 yrs of age , earning 50 K per month , i need to invest for my old age and retirement and also for my kids, suggest me a good plan

First u have to set a target amount that u want to receive on retirement. Assuming about an average 12% return on your investment, investment should be made in diversified Mutual fund and debt instruments in the ratio of 50:50

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