If you have a working spouse, do persuade them to open a PPF account and exhaust the maximum limit. Together you can guarantee a regular income after retirement. Investing in SIPs is also advised since, for young couples, they have a much longer earning capacity, so generating income from that avenue is also sought after.
Diversification of fund investments is something that we come across every single day. Having a good balance between debt and equity must also be ensured. If you are a young working couple, it is best advised to start off by investing a considerable amount into equities and the rest in debt. Reverse the ratio once you are approaching retirement. With that you are opening another income avenue.
Try not to invest a lot in health covers. Be reasonable and invest a suitable amount into health insurance depending on your incomes, so as to not deviate from equities investments. The NPS (new pension fund) is another option that private employees like doctors can look into as it is long term and is best suited if you have an equity-linked retirement planning.
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