Hi, I have been an avid follower of this blog and have read most of the articles. I needed some advise in terms of allocating mutual funds to goals and also if the overall financial planning done by me is correct. To give a brief summary, I am married, me & my wife both aged 28, together bring home 120,000 post tax ( in hand salary). I have attached our goals, investments, expenses and other details. I wanted help in terms of Overall soundness of planning (calucations & assumptions are correct or not) Insurance planning (over or under) Allocating equity mutual funds to goals Arrive at a retirement corpus current i took 1 yrs expenses Rs. 600,000 for 20 years post 60 years Insurance details mentioned below not in attachment are LIC Endowment 814- SA 100000, 25 yrs, annual premium 4140 (taken by father 2 years back) LIC Bima Gold – SA 200000, 20, annual premium 6242 (taken by father 11 years back) Term Insurance – 1.5 cr (ICICI prudential Ismart) taken this week Term Insurance – 75L for wife planning to take health Insurance – 10L family floater, 30 lakh CI & Accidental, planning to take this yr Looking forward to your valuable inputs. Regards, Siddharth