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53 year old, 25 years experienced professional struggles to find a job

Patrick

Patrick Dsouza  |1473 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Sep 24, 2024

Patrick Dsouza is the founder of Patrick100.
Along with his wife, Rochelle, he trains students for competitive management entrance exams such as the Common Admission Test, the Xavier Aptitude Test, Common Management Admission Test and the Common Entrance Test.
They also train students for group discussions and interviews.
Patrick has scored in the 100 percentile six times in CAT. He achieved the first rank in XAT twice, in CET thrice and once in the Narsee Monjee Management Aptitude Test.
Apart from coaching students for MBA exams, Patrick and Rochelle have trained aspirants from the IIMs, the Jamnalal Bajaj Institute of Management Studies and the S P Jain Institute of Management Studies and Research for campus placements.
Patrick has been a panellist on the group discussion and panel interview rounds for some of the top management colleges in Mumbai.
He has graduated in mechanical engineering from the Motilal Nehru National Institute of Technology, Allahabad. He has completed his masters in management from the Jamnalal Bajaj Institute of Management Studies, Mumbai.... more
Anand Question by Anand on Sep 04, 2024Hindi
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Career

Hi, I am at 53. Having 25 years of experience. I am looking for a job now and finding it difficult to get a suitable job. i am ready to adapt any kind of situation and ready for hard work. I have been applying continuously for the past 4 months but not getting any reply. Please advise. I am qualified in M.Com and M.B.A (finance and banking)

Ans: Contact placement agencies. Ask them the kind of roles that you could apply to and the skill sets required. Do short term courses to gain those skill sets. also try applying to some startups in your industry where they could use your expertise.
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I am 45 years old. I have 13 years of work experience which includes working as Admin executive, HR executive and some BPO jobs. My last job was into Admin - HR which I lost since past 1 year. I have home loans to pay. I have been applying through Naukri.com, Glassdoor.com and LinkedIn but got no response yet. I had given a few interviews but got rejected. I am very depressed and sad everyday but don't feel strong and motivated enough to look for jobs .. All my reserves are over I need to get a job immediately.... I don't know what to do? Can u please provide some reference for jobs?
Ans: At age 45 with 13 years of experience in admin executive, HR executive, and BPO roles, re-entering the job market after a year-long gap requires a focused, strategic approach combining practical steps and mindset shifts. Prioritize updating your resume and LinkedIn profile to highlight both your experience and recent efforts toward skill development, aligning with job descriptions and using relevant keywords to navigate applicant tracking systems. Harness multiple job portals such as Naukri.com, LinkedIn Jobs, Indeed, and TalentoIndia for diversified exposure. Leverage your network by reconnecting with former colleagues and supervisors and communicate your job search openly to access hidden opportunities. Develop a daily routine balancing job search, skill enhancement, and self-care to rebuild motivation and resilience. Consider upskilling or certification courses in demand areas like digital HR tools, payroll, or skilled administration, which also revitalize confidence. Volunteer work or freelance administrative roles can help ease back into employment and expand contacts. Prepare well for interviews by confidently addressing any employment gap and emphasizing your readiness and adaptability. Mental health support and career coaching can further support your journey. Overall, resilient persistence, proactive networking, targeted applications, continuous skill upgrades, and focused mindset adjustments form the roadmap to regain employment rapidly despite challenges linked to age and break.

Recommendation: Actively revamp your job search using key portals like Naukri, LinkedIn, and Indeed while expanding your professional network. Complement this with relevant upskilling and volunteer engagements to boost employability and confidence. Pursue routine structuring and mental wellness practices to maintain motivation and maximize job search effectiveness for swift re-entry. All the BEST for a Prosperous Future!

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Ramalingam

Ramalingam Kalirajan  |11173 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2026

Asked by Anonymous - May 15, 2026Hindi
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SIr, How can I plan a SWP in Current Serious of Market or shall i wait?.From Which MF i.e L,M,S Flexi,Mutilcap from i satrt SWP so it will Provide me a TaxoReturn well.
Ans: » Do Not Wait for “Perfect Market”

SWP should not depend on current market mood alone
Waiting for perfect timing usually delays financial decisions
What matters more is:
Your withdrawal need
Asset allocation
SWP structure

» Best Way to Start SWP
Do not start SWP from highly volatile funds like:

Small cap funds
Aggressive mid cap funds

In current market conditions, safer approach is:

Start SWP mainly from:
Flexi cap funds
Large & Mid cap oriented funds
Hybrid funds if available

These categories generally provide better stability.

» Avoid Starting SWP from Small Cap Funds

Small caps can correct sharply
Recoveries may take longer
Continuous withdrawal during correction can damage corpus faster

So small caps are better left for long-term growth, not regular income withdrawal.

» Tax-Efficient SWP Strategy
SWP is already tax-efficient because:

Only gain portion is taxed
Entire withdrawal is not taxed

For equity mutual funds:

Long-term capital gains above Rs 1.25 lakh taxed at 12.5%
Short-term gains taxed at 20%

So ideally:

Start SWP from investments held for more than 1 year

» Practical SWP Structure
Better approach:

Keep 3–5 years expenses in relatively stable funds
Continue growth allocation separately in equity funds

This creates balance between:

Income stability
Long-term growth

» Finally

Do not wait endlessly for market correction or rally
Start SWP gradually and systematically
Prefer Flexi-cap / Large-oriented funds over small caps for SWP
Review withdrawal rate yearly instead of reacting monthly

A properly structured SWP depends more on allocation discipline than market prediction.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.linkedin.com/in/ramalingamcfp/

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