Creating a Corpus for Future

Rahul Patwal, aged 33,  is a young professional working with Tata Consultancy Services (TCS)  as an Associate Consultant. He resides in Delhi with his wife and daughter Shagun, aged four  years , in his own house. His wife is a home maker. The monthly household income of Patwals is `One Lakh and monthly house hold expenses are Rs50,000. Patwal wants to create sufficient corpus for higher education and marriage of his daughter. Apart from this,  he wants a regular income of Rs50,000 per month for  his post  retirement household expenses. He will retire at the age of 60 which is still 27 years  from now.  He would need Rs25,00,000 (Rs Twenty Five Lakh ) after 15 years for his daughter’s education and Rs50,000,00 (Rs Fifty Lakh) after 20 years for her marriage. The suggested financial roadmap for Patwal is as below-   Contingency Fund It...