Advice on Retirement Planning & financial planning

Hi Sreekanth, I have come across your website when I was looking for advice on my financial planning and have found your website to be very resourceful. I seek your advice to allow me make better financial planning for my future well-being. Below are some of the important details about me based on which I request you to advise, I am 29 year old NRI, married, residing in Singapore and employed in Oil and Gas industry. I have a monthly saving of INR 2 lakhs. I have invested all my saving in NRE FDs till date which amounts to about 85 lacs with varying tenure of 1 year to 3 years. I am covered under my Company’s Group Insurance. Q1 – Firstly, I would like to invest in a term insurance plan. Can you please advise a suitable option which provides cover to NRIs and suggest additional riders to be considered? Q2 – For my monthly saving, I wish to split my investment in 3 types – One for creating my retirement corpus, second for buying a house and third for short term goals. Can you please advise type of options that I should consider for investing my monthly saving? Q3 – I have long been considering to invest in a house of my own, however, I have been reluctant considering low return on investment. However, considering the sudden demonetization decision taken by GoI, real estate prices are expected to come down. My question to you is whether this is the right time to take the plunge and buy a house of my own.  Q4 – In the beginning of Jan ’17, I will have about 15 lakhs in my hand to invest. Can you please advice suitable option for investing for term of 3 to 5 years. Or should I use this money to make down payment for buying a house. Q5 – Considering the amount of money I have invested in FDs and the recent changes in interest rates offered by banks. Should I continue to remain invested in FDs or if I should invest money to other options. I do not have any urgent need of money and a liquidity / emergency balance of 10 lacs is sufficient for me and my families need. Please advice.