Financial Planning advise for a Middle-aged Individual

Q & A ForumCategory: Financial PlanningFinancial Planning advise for a Middle-aged Individual
kkrupanandareddy asked 9 years ago
Hello sir, My aunt is  middle-aged (50 yrs old), Govt. school teacher, unmarried  has inherited a sum of Rs.50 Lakhs and needs to invest it wisely. Find the investment opportunities available in the market and the optimum mix for her, taking into account her service class background and the fact that she is not a high-risk taker. Your objectives are not only to grow the capital but also to preserve it for her. Please suggest accordingly.
1 Answers
Sreekanth Staff answered 9 years ago
Hi, May I know, besides her monthly salary income, is she totally dependent on the income generated by this corpus? (or) she would like to invest this amount (Rs 50 L) for accumulation purposes? If it is for accumulation, what is the investment time-frame?  Does she has ;
  • anyone as her dependent?
  • health & personal accident cover? 
  • any other source of income besides Salary income?
Is she going to get pension income after her retirement?
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