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Nayagam P

Nayagam P P  |3863 Answers  |Ask -

Career Counsellor - Answered on Oct 28, 2024

Nayagam is a certified career counsellor and the founder of EduJob360.
He started his career as an HR professional and has over 10 years of experience in tutoring and mentoring students from Classes 8 to 12, helping them choose the right stream, course and college/university.
He also counsels students on how to prepare for entrance exams for getting admission into reputed universities /colleges for their graduate/postgraduate courses.
He has guided both fresh graduates and experienced professionals on how to write a resume, how to prepare for job interviews and how to negotiate their salary when joining a new job.
Nayagam has published an eBook, Professional Resume Writing Without Googling.
He has a postgraduate degree in human resources from Bhartiya Vidya Bhavan, Delhi, a postgraduate diploma in labour law from Madras University, a postgraduate diploma in school counselling from Symbiosis, Pune, and a certification in child psychology from Counsel India.
He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
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Asked by Anonymous - Oct 26, 2024Hindi
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Career

Hello sir, I am an IT proffessional working in Java development and cyber security. I am working for a CMM level 5 company with mid level seniority. I am 52. If I quit job for one year and do some certifications in my field of work, will it be possible for me to get another similar job after this one year gap.

Ans: If you are at this age, it is not a good idea to quit your current employment, Sir. Certifications can be completed online on the weekends or in the evenings, allowing you to advance your career. All the BEST for Your Prosperous Future.

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R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Jan 05, 2024

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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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Milind

Milind Vadjikar  |520 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 28, 2024

Asked by Anonymous - Oct 22, 2024Hindi
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Money
Hello sir. I am 46 have plan to retire in 6 months. Current expenditure 90k including child education two kids with 13 years and 7 years. I have 1 cr fund fd+ 1 cr epf + 30lakh in ppf + 70 lakh in mf. I am expecting every year 3 to 4 lakh as travel additional expense. I need to take care my parents both 70 and 80 age. I have 2 cr asset house. Let me know how much more fund required and how to manage this fund till next 35 years.
Ans: Hello;

You should have a minimum corpus of 5 Cr. in a moderate risk equity savings type mutual fund for eg Kotak equity savings fund.

Then you can begin SWP at the rate of 3% leading to monthly income of around 1.25 L(pre-tax).

Assuming 9% return from the scheme, despite the 3% SWP, the corpus will grow in line with inflation (6%) so as to protect against the same for a long tenure of 35 years. Of course the returns on an average are assumed to be 9% but in reality they could be 12% or even 5% some year.

Your kids will need funds for their higher education in 5 and 10 years timeframe from now which you need to account for, as well.

Get your parents enrolled for Aayushman Bharat scheme as it is now applicable to all senior citizens above 70.

Plus also ensure good term life cover for yourself and family health care policy for all family members including parents.

Ensure 6 months of expense coverage as emergency fund in liquid assets.

Happy Investing;

You may follow us on X at @mars_invest for updates.

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

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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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