Case study
Business Standard analyses one family's finances and suggests a way forward
Family profile
Krishnaraj is in the business of trading and exporting chemicals, while his wife, Kavita, is a homemaker. Their daughter, Shruti, is studying in the tenth standard. The family is financially sound and has created good assets over the years. Their primary goal is funds Shruti's college education and marriage. Retirement is not really their priority but still Krishnaraj would like to take it easy once he reaches 65.
Krishnaraj is in the business of trading and exporting chemicals, while his wife, Kavita, is a homemaker. Their daughter, Shruti, is studying in the tenth standard. The family is financially sound and has created good assets over the years. Their primary goal is funds Shruti's college education and marriage. Retirement is not really their priority but still Krishnaraj would like to take it easy once he reaches 65.
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First Published: Sep 06 2015 | 10:33 PM IST