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Krishna

Krishna Kumar  |270 Answers  |Ask -

Workplace Expert - Answered on Feb 06, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more
Asked by Anonymous - Jun 27, 2023Hindi
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Career

I am going to retire after few months from software industry. But I need to work for few more years to fulfil my commitments. I am going to be 60 years at the time of retirment. Can I get Job in S/w industry ?

Ans: Dear Sir

Given your vast experience I would suggest you start freelancing with multiple companies...part time CTO. You will not only earn more but also it will be fulfilling.

There are so many small and medium enterprises which need people of your experience to guide them in their IT journey.

Wishing you all the best.

Regards
Career

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as i am retiring from gvt. service next year, is it possible to get the job after 60 in it sector, i have vast 33 year experiance in it sector of public sector company
Ans: Congratulations on your upcoming retirement! It’s great that you have 33 years of experience in the IT sector. There are many job opportunities available for people over 60 in the IT sector. Here are some tips that might help:

Register on government portals: The Ministry of Social Justice and Empowerment’s Senior Able Citizen for Re-Employment in Dignity (SACRED) initiative enables senior citizens above the age of 60 to search for a job through a virtual platform 1. You can also register on other government portals such as 1 to find job opportunities.

Consider freelancing: Freelancing can be a good option if you’re looking for more flexibility in your work schedule. You can work from home and choose the projects you want to work on. You can also set your own rates and potentially earn more than you would at a traditional job.

Network: Networking is an important part of any career, and it’s especially important in the IT sector. Attend industry events and conferences to meet new people and make connections. You can also reach out to your professional network and let them know you’re looking for a job.

Update your skills: The IT sector is constantly evolving, and it’s important to stay up-to-date with the latest technologies and techniques. Consider taking online courses or attending workshops to update your skills.

Consider consulting: Consulting can be a good option if you’re looking for more flexibility in your work schedule. You can work on a project basis as a retainer or consultant. You can also consider starting your own consulting business.

Remember, finding a job that meets your requirements may take some time and effort. Don’t get discouraged if you don’t find the right job right away. Keep applying and networking, and you’ll increase your chances of finding a job that meets your needs. Good luck!

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HR, Workspace Expert - Answered on Feb 23, 2024

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Dear sir,I am compulsory retired from psu, as a senior Manager still I am having 5 years For matured retirement. Is there any jobs available for me?
Ans: As a senior manager with significant experience and five years until mature retirement, you have valuable skills and expertise that can be applied to various job opportunities. Here are some potential avenues to explore:

Industry Consultancy: Consider offering consultancy services in your industry. Your extensive experience can be valuable to companies seeking expertise in areas such as operations management, strategic planning, or process optimization.

Freelancing or Contract Work: Explore opportunities for freelancing or contract work in your field. Many companies, especially startups or smaller businesses, may require temporary support for specific projects or initiatives.

Part-Time or Remote Work: Look for part-time or remote work opportunities that allow for flexibility and work-life balance. Many organizations offer remote positions for experienced professionals, including roles in project management, consulting, or advisory services.

Government or NGO Roles: Investigate opportunities in government agencies or non-governmental organizations (NGOs) where your experience and expertise can be beneficial. These organizations often have positions available in areas such as policy development, program management, or capacity building.

Teaching or Training: Consider sharing your knowledge and expertise by pursuing opportunities in teaching or training roles. Universities, colleges, training institutes, and corporate training departments may seek experienced professionals to teach courses or conduct workshops in your field.

Professional Associations and Networks: Join professional associations and networks related to your industry. These platforms can provide access to job opportunities, networking events, and professional development resources.

Entrepreneurship: Explore the possibility of starting your own business or venture based on your expertise and interests. Entrepreneurship allows you to leverage your experience to create innovative solutions or services within your industry.

Career Counseling and Coaching: With your extensive experience, you could consider a career in counseling or coaching, helping individuals navigate their career paths, develop skills, and achieve their professional goals.

Online Platforms: Utilize online job platforms, networking sites like LinkedIn, and specialized recruitment agencies to explore job opportunities tailored to your skills and experience.

Upskilling and Continuous Learning: Stay updated with industry trends, technologies, and best practices through continuous learning and upskilling. Investing in certifications, attending workshops, or pursuing advanced education can enhance your marketability and open doors to new opportunities.

Remember to tailor your job search approach to your interests, strengths, and career goals. Networking, maintaining a strong online presence, and staying proactive in your job search efforts can significantly increase your chances of finding fulfilling opportunities in your mature retirement phase.

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Leadership, HR Expert - Answered on Apr 29, 2024

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I am 62 years old healthy person having more then 30 years experience in commercial field I want a job. Is it is possible to get job anywhere in this age.
Ans: Yes, it is possible to find employment opportunities at any age, including 62 years old. While some employers may have preferences for younger candidates, many organizations value the experience, wisdom, and expertise that mature professionals bring to the table. Leverage your professional network and connections to explore job opportunities, gather insights, and seek referrals. Attend industry events, networking mixers, and professional association meetings to expand your network and connect with potential employers or recruiters. Be open to flexible work arrangements, such as part-time roles, consulting opportunities, contract work, or project-based assignments. Many companies are willing to hire experienced professionals on a flexible basis to leverage their expertise without committing to full-time employment. Research companies or industries that value and prioritize experienced professionals. Look for organizations known for their inclusive workplace cultures, diversity initiatives, and appreciation of older workers' contributions. Customize your job search approach to align with your career goals, preferences, and lifestyle. Focus on opportunities that match your skills, interests, and desired work environment, whether it's a small business, a nonprofit organization, or a corporate enterprise. Approach your job search with confidence, positivity, and enthusiasm. Highlight your unique strengths, accomplishments, and value proposition to prospective employers, and convey your eagerness to contribute and make a difference in a new role.

Remember that finding a job at any age requires persistence, patience, and resilience. Stay proactive, adaptable, and open-minded throughout your job search journey, and remain optimistic about the opportunities that lie ahead. With determination and effort, you can find a fulfilling job that aligns with your skills, experience, and career aspirations, even at 62 years old.

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Study Abroad Expert - Answered on May 10, 2024

Asked by Anonymous - Apr 23, 2024Hindi
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My son is completing MSC Physics from IIT Delhi by June 2024, and he wish to do PHD from a reputed university/Institute of USA on a fully funded scholarship. Ur expert advise is solicited please.
Ans: Hello,

First and foremost, thank you for getting in touch with us. I am glad to hear that your son is completing his MSc. in Physics from IIT Delhi after which he intends pursuing his PhD from a reputed university or institute in the USA. To answer your question first, I would like to tell you that its an excellent objective to pursue a PhD in the USA on a fully funded scholarship. I would recommend that he takes the following steps into consideration:

Firstly, I would suggest that your son conducts a study on universities in USA that offer outstanding physics programs and instructors who share the same interests in research as him. Next, he should get in touch with possible advisors to convey his interest and agreement with the objectives of the project. As the next step, your son should customise application documents to the particular prerequisites of each university viz., transcripts, GRE test scores, and statement of purpose. He should also secure compelling letters of recommendation from professors who are well acquainted with him. I would also recommend that your son investigates external fellowships/scholarships as well as fully financed PhD programs. He should practice for possible program interviews. Lastly, I would suggest that he remains adaptable and persistent throughout the application procedure.

For more information, you can visit our website.

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Ramalingam

Ramalingam Kalirajan  |1870 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 10, 2024

Asked by Anonymous - Apr 23, 2024Hindi
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I took VRS and my age is 51. I have invested my terminal benefit of nearly 90 lacs mostly in bank FD with monthly payout. I also get monthly pension of Rs. 60000 and rent of Rs 10000. My monthly expense is limited to 40000. My daughter is pursuing MSc and has 3 years to complete. I have recently started SIP for 10000 per month consulting a financial advisor. The funds are Mahindra manulife aggressive hybrid reg growth-3000, Samco flexicap reg G-2000, Whiteoak capital banking financial service reg G-3000, Whiteoak capital largecap reg G-2000. My goal is to make my corpus 2-3 crores in next 10 years.
Ans: Congratulations on your retirement and taking steps towards financial planning for the future. It's wonderful that you have a clear goal in mind and are actively investing to achieve it.

With your terminal benefit invested mainly in bank FDs with monthly payout, along with a steady monthly pension and rental income, you have a reliable income stream to cover your expenses and support your daughter's education.

Starting SIPs in mutual funds is a smart move to grow your wealth over the long term. Your choice of funds reflects a diversified approach, covering different market segments and investment styles. It's essential to monitor the performance of these funds regularly and make adjustments as needed to stay on track towards your financial goals.

Your goal of reaching a corpus of 2-3 crores in the next 10 years is ambitious but achievable with disciplined saving and investing. Given your current investments and income sources, along with your SIP contributions, it's important to ensure that your investment strategy aligns with your risk tolerance and time horizon.

Consider consulting with a Certified Financial Planner to review your overall financial plan, assess your risk profile, and make any necessary adjustments to optimize your investment strategy. They can provide personalized guidance to help you achieve your financial goals while maintaining financial security and peace of mind.

Continue to stay focused on your goals, and with prudent financial management, you can build a substantial corpus for a comfortable and secure future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam Kalirajan  |1870 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 10, 2024

Asked by Anonymous - Apr 23, 2024Hindi
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Iam 41 years earning 32000 pm and after TDS getting 29484 my dad is giving 15000 and interest on fd for 320000 at 7.75 % and personal interest for loan provided for5 lakh is 17500 fd interest and loan interest varies dad's is temporary have rd investment of total 260000 which matures in August ,2024 ppf 230000 sbi pension investment retire smart plan of 500000 I can either avail pension lifelong or lumpsum return before 25 years completion in another 2 years afterwards at 8.1 interest if pension or if lumpsum the fund value gold and silver and residential property which iam currently living in my expenses are about 10000 or so depends I have lic endowment paid till now for about 7.5 years 50000 pa needed to be paid for another 7.5 years if continued maturity amount will be 12 lakh. In commercial property I will get increment upto every 5 years for about 25 years and at 25th year it will be around 57000 at 66 th year which is fixed and then it would be the rent at that point what is prevailing in that area now I want to know what I need to invest and is it sufficient for my retirement and how much more I should make and salary varies as jobs are not permanent so request to guide as iam interested in travelling and need about 30 lakhs or so for all this starting at this age for about another 5 to 6 years taking about 4 lakhs pa to cover up 1 abroad location
Ans: Given your financial situation and aspirations, it's essential to devise a comprehensive retirement plan that addresses your income, expenses, investments, and retirement goals.

Starting with your income, considering your monthly salary of 29,484 after TDS, along with the additional support from your father and interest income from FDs and loans provided, you have a steady income stream.

Your investments, including RD, PPF, SBI pension investment, LIC endowment, and commercial property, provide a diversified portfolio. However, it's crucial to evaluate each investment's performance, risk, and suitability for your retirement goals.

Regarding your expenses, with an estimated monthly expense of 10,000, it's important to factor in inflation and potential lifestyle changes in retirement. Planning for contingencies and unexpected expenses is prudent.

To assess if your current investments are sufficient for retirement, consider your retirement goals, including travel expenses. With a target of 30 lakhs for travel over the next 5-6 years, it's essential to calculate the required investment amount to achieve this goal within the specified timeframe.

Since your salary varies due to the nature of your job, it's advisable to create a buffer or emergency fund to cover any income fluctuations or unforeseen expenses.

Consulting with a Certified Financial Planner can provide personalized insights and recommendations tailored to your financial situation, retirement goals, and risk tolerance. They can help you optimize your investment strategy, identify potential gaps, and create a roadmap for achieving your retirement aspirations.

Remember, retirement planning is a dynamic process that requires periodic review and adjustments. Stay proactive, monitor your investments, and make informed decisions to ensure a secure and fulfilling retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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