Adam, 52, and Eve, 50, have 2 children, Mark, 25, and Mandy, 24. Adam is a senior manager in an engineering firm with annual income of $100,000. Eve is a teacher and draws annual income of $80,000. Mark has just graduated and is looking for a job while Mandy has been a marketing executive for the past 2 years and is thinking of quitting to pursue a full time MBA programme in 3 years' time.

Adam and Eve are concerned about their retirement and have engaged you to help them. You have a first meeting with them and gather the following facts:

? The family stays in a 5 room HDB flat which is fully paid up. Estimated Valuation is about $600,000. Adam and Eve also have a condominium, which will be ready in 2 years for occupancy. The purchase price was $1.2m and they took a loan of $800,000.

? Adam has invested $100,000 over time in Singapore stocks. He is unaware of his current stock holdings and market value.

? Eve has also invested $100,000 using unit trusts as an investment vehicle. She too is unaware of the funds she has selected and its market value.

? The whole family is insured with an integrated private shield plan.

? Adam and Eve are insured for $500,000 each in the event of death or total permanent disability. Both of them also have a $100,000 coverage in the event of critical illnesses.

? The couple has a current cash standing of $200,000.

? Adam & Eve's current CPF Balances:

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