No loans to repay, modest aspirations and not a very ambitious retirement target. For Mumbai-based bank executive Alpesh Mehta and his schoolteacher wife Deepali, saving for their child’s education and marriage, as well as their own retirement, will be a breeze. But this could change if another goal set by Alpesh elbows its way into the Mehta’s financial planning. “I have always wanted to have a house of my own,” he says.
His home buying plans can derail the family’s financial planning ..