JEE Main 87.75 percentile, CBSE 68.4%: Can I get a government BTech college?

Ans: Request you to kindly rephrase your query.

Ans: Hello;

You may approach the HR department of your previous employer and discuss possible way out of the situation.

Regret if your exit was abrupt and improper.

Their is no harm in apologising for any wrong action especially if it can help build bridges and resolve open issues amicably.

All the best;

Ans: Hello;

You may invest 50 L into an Arbitrage type mutual fund (low risk) earmarked for your son's higher education.

For 1 Cr you may buy an immediate annuity from a life insurance company. Considering annuity rate of 6% you may expect to receive monthly payout of around 50 K.

So your total monthly income will be 50 K from annuity + 30 K passive income= 80 K pm.

After accounting for your monthly expenses of 60 K you have a surplus of 20 K which you may use to initiate a monthly sip into a pure equity mutual fund.

After 10 years this sip may grow into a corpus of around 50 L to top-up your retirement corpus.

Happy Investing;

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

Ans: Dear Krishnasamy,
It's possible that certain medications might have been responsible for decrease in her sex drive which only a doctor can clarify OR she clearly has a decreased interest in sex in which case, do respect it, Sir. And there are other forms of intimacy and closeness to explore that can keep your connection alive...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: Yes if you follow all the rules for claiming the benefit

Ans: Hello;

You may invest 20 L in Arbitrage type of mutual fund(low risk) earmarked for marriage of your sons.

Also you may invest 3 Cr into equity savings type mutual fund (moderate risk).

After 3 years it may grow into a sum of 3.89 Cr considering modest return of 9%.

I suggest that you redeem this corpus by paying LTCG(~11 L) and buy an immediate annuity for balance corpus of 3.78 Cr from a life insurance company.

I am not recommending you to do an SWP because for your required monthly income SWP rate will have to be 4.5%+ annually and I ran this on an swp calculator which shows depleted corpus of less then 1 Cr after 30 years.

Considering annuity rate of 6% you may expect to receive monthly payment of 1.89 L(pre-tax).

Seek joint annuity for yourself and your spouse with return of purchase price to your nominees.

Some life insurers offer increasing annuity at fixed intervals to account for inflation.

Also if you shop around and negotiate you may get a better annuity rate.

Happy Investing!!

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

Ans: Hello;

Supposing you are doing SWP from an equity scheme after 11 years then the SWP will be treated as long term capital gain with 12.5% tax on amount over
1.25 L in a financial year.

However the bigger concern of having your retirement corpus in equity funds is that during market drawdowns you may eat into and deplete your corpus.

Best wishes;

Ans: Hello;

If you have sufficient term life insurance cover then SSY is a better option due it's E-E-E status and lock-in feature.

Best wishes;

Ans: Which scheme, policy or stock please elaborate.