Case study

Business Standard analyses one family's finances and suggests a way forward

Family profile
Keith works as a chief engineer in a reputed infrastructure firm in Bengaluru. His wife is a homemaker and their son, Kevin, is studying electronics at an Indian Institute of Technology. Keith is contemplating early retirement, as he wants to dedicate his time for charitable causes. The couple is primarily looking forward to funding their son's college education, including his master's, followed by their retirement.