u/East-Artichoke8903

Rate this for my cousin. He is not on reddit.

35(M) with 2 kids, wife - housewife. Started saving very late after 30.

Income 2L

Expense 40k

Personal loan EMI - 25k

(PPF) 3,05,000 + 

(EPF) 14,00,000 + 

(FD) 5,64,000 + 

(Post Office 5TD) 14,32,000 + 

(Stocks) 80,000 + 

(Saving account) 1,00,000

= 38,71,000 (Total)

SSY (Girl 2 years) + 3,20,000

NPS + 7,85,000

38,71,000  + 3,20,000 + 7,85,000 = 49,86,000 (final total)

Home in tier 1 city 1BHK - 50L ( loan free)

Gold/Silver - 10L

He said not good at taking risks. The plan is to avoid stocks and MF as of now and do investment in post office 5TD with 7.5% return considering tax slab.

Opinion, he will do this for the next 2 - 3 years till 5TD reaches 50L. Maybe overall reaches 75L - 80L excluding SSY and NPS.