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Study Abroad Expert - Answered on Jun 12, 2024

Sushil Sukhwani is the founding director of the overseas education consultant firm, Edwise International. He has 31 years of experience in counselling students who have opted to study abroad in various countries, including the UK, USA, Canada and Australia. He is part of the board of directors at the American International Recruitment Council and an honorary committee member of the Australian Alumni Association. Sukhwani is an MBA graduate from Bond University, Australia. ... more
Robin Question by Robin on May 27, 2024Hindi
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Career

Hello, I need career advice. I am 27 year old and working as a technical support engineer in a MNC. I want to settle abroad. Do you prefer any country which has job opportunities for tech support. Please let me know. Thank you

Ans: Hello Robin,

To begin with, thank you for contacting us. I am glad to know that you are working as a technical support engineer and now wish to settle abroad. To answer your question first, I would like to tell you that when thinking about moving overseas for a job in technical support, you should consider nations with robust technology industries and a high demand for information technology specialists. I would like to let you know that the UK, the USA, Germany, and Canada are ideal options owing to their strong technology industries and abundance of employment possibilities in technical support professions. These nations have not only a significant need for technology experts but also provide an excellent standard of living, competitive pay, and varied workplace settings.

To help boost their technology industries, Canada and Germany specifically have been actively recruiting skilled immigrants. You would be glad to know that technology experts find it easier to immigrate thanks to Canada’s Global Talent Stream program and Germany’s EU Blue Card initiative. A wealth of possibilities particularly in technology hotspots viz., Silicon Valley are provided by the USA, nevertheless, acquiring a work visa can be more difficult. The UK also boasts a vibrant technology environment, particularly in cities viz., Manchester and London, and provides technology experts with a Tech Nation Visa. I would recommend that you take into account these nations based on your linguistic abilities, professional objectives, and individual choices.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint
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Asked by Anonymous - Feb 17, 2026Hindi
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HI i am a 42 years pvt sector employee. I am currently investing in MF SIP of 50/52k per month (avg age 5 years) and accumulated MF corpus till date including a few old ones stands at 33 lakhs. NPS of 6k per month, PPF 4k per month and 25k pm in EPFO including employers share. I have an o/s home loan of 1.25 crs @ 7.10% and plan to pay it off in next 10 years. Retirement age is 58 and desired corpus by retirement should be 7-8 crores. Please advice am i on right track and any changes to the investment strategy required? also i do plan to increase allocation to mf by min 15% annually till retirement age. My Term cover is 50 lakhs. Mediclaim of 20 + 20 lakhs top up and my wife has a 50 lakhs mediclaim. We dont plan any kids.
Ans: Hi,

You have done great by accumulating so much at your age. This is commendable.
you want to retire after 16 years at the age of 58. Let us go through your financials in detail:
- Monthly contributions in PPF, EPF and NPS - 35k - good, continue it. This entire amount is going into debt instruments and will be helpful to cover your expenses immediately after retirement.
- Current HL outstanding - 1.25 cr at 7.1% - this is quite cheap. Do not rush into prepaying the loan. Take 10 years time and pay it slowly. Rather focus on increasing contributions towards MF as that will build your long term wealth.
- 33 lakhs MF corpus with 52k SIP at 15% annual stepup. This will generate 9 crores corpus when you turn 58 (more than your target). Stay focussed and make sure that you have chosen right funds wrt your goals. Investing on random tips and only direct index funds is not sufficient.
- Term cover - 50 lakhs - can be increased to 1cr.
- Health - take a super top up of 50 lakhs considering high medical costs and your increasing age.

Overall things are going good. You just need to maintain the discipline. You can also consider consulting a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

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