Q) I am an engineer and my fiancée is also an engineer. Our combined savings is 20,000 p.m. We both are nearly 27 years old. Please suggest me a portfolio, I am not aware of any investment schemes. We both simply have taken Jeevan saral and Jeevan Anand. I want nearly 1.5 – 2 Crore amount for my retirement. Can you also please suggest any medical insurance policy also and how it will be affected when we both get married. Thank you.
You can start with purchasing adequate life insurance and health insurance for yourself and your spouse (fiancée). The balance monthly surplus can be diverted towards achieving your near-term as well as long-term goals.
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Here is an interesting read for newly-married couples on managing their finances: http://www.investmentyogi.com/planning/financial-planning-for-newly-married-couples.aspx