How to save for children’s studies without sacrificing on retirement plans There is a need to prioritise long-term money goals Vasan wanted to plan for his retirement along with few of his other goals. He is aged 41 and his wife, Radhika, aged 35. They have two kids, Sadhana (10) and Sanjay (5). Family income and expenses disclosed during the meeting are as follows: His top priorities are to build corpus for kids’ education and provide for a peaceful retirement. Though his income is high, he was not able to save regularly due to medical expenses for his parents and other family members over the years. He is living in Bangalore and wants to relocate to Chennai post retirement. He is living in an expensive rented house. He wants to continue living at the same locality with high rent as he feels, moving to another locality would eventually increase school expenses. He is keen to build a kitty for the purpose of loan down payment for a house in Chennai.