Personally, I'd be more comfortable putting maybe half into the down payment, then spread
the rest over other investments, to avoid having 80 % in a single investment.
Not exact matches
Ideally, you should commit only a portion of your retirement savings to an annuity and keep the
rest in
other types of
investments, such as stocks and bonds that can grow
over time and protect you from inflation.
a. Om Kotak Preferred Term Plan 2400 3900 8330 2500 4900 ICICI Pru Life Guard 2751 3917 7964 2751 5014 HDFC Standard Term Assurance Plan 2820 3840 8320 2920 5110 Birla Sun Life Term Plan 2950 4310 8790 3010 5150 Tata AIG Assure Lifeline Plan 2320 4070 9260 2790 5310 SBI Life Shield 2042 3542 8814 2454 5384 Max New York Life Level Term Policy 2280 4160 10000 2710 5650 Aviva Life Lifeshield 2660 4220 9230 3120 5840 LIC Anmol Jeevan 2564 4702 11335 3227 6940 Allianz Bajaj Risk Care 3560 6100 13610 4830 9850 Source: Companies On the
other hand, if you took a Rs 1 lakh term policy for 20 years at Rs 250 per annum and invested the
rest (Rs 2,688) in another
investment (say PPF, yielding 8 per cent) then the compounded value here would
over Rs 1.2 lakh.