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Sushil

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Study Abroad Expert - Answered on May 11, 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
sougata Question by sougata on Apr 23, 2024Hindi
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Dear Mr Mayank ,my daughter presently pursuing B Tech-CS (AI/ML) from SRM Chennai -in 2nd year at present -we are in two minds as to doing MS abroad or take up campus job if possible after passout -MS abroad obviously would be finicially challenging so i thought at least she can work for say 2 years to begin with & then .Could you be able to offer some advice on the same.

Ans: Hello Sougata,

To begin with, thank you for contacting us. I am happy to hear that your daughter is currently pursuing the second year of her Bachelor of Technology (B.Tech) in Computer Science (AI/ML). To answer your question first, I would like to tell you that deciding whether to begin working after earning a Bachelor’s degree in B.Tech- CS (AI/ML) or to go abroad for a Masters program can be a big decision. I would recommend that your daughter considers the following:

Firstly, I would suggest that you motivate your daughter to consider her professional objectives and ambitions. Consider whether she intends working in industry or pursuing research and academia. Remember that specialized information and possibilities for research can be offered through a Masters degree. A job on the contrary, can offer hands-on experience and skill advancement. Next, I would recommend that you investigate the AI/ML labor market both, locally and globally. Ascertain whether professionals with a Masters degree are highly sought-after or if pertinent work experience is equally valued. Coming to monetary considerations, bear in mind that finances play a key role in decision-making. Evaluate the cost of pursuing a Masters degree overseas taking into account the tuition costs, living costs, and any possible monetary assistance or scholarships. I would suggest that you compare this to the possible pay from an entry-level job post graduation or from a job on campus. Remember that significant networking possibilities as well as exposure to varied viewpoints, cultures, and technological advancements are offered by studying overseas. I would suggest that you think about the long-term advantages of developing a worldwide professional network and acquiring overseas experience. As the next step, I would recommend that you explore whether your daughter’s institution or future employers offer any possibilities for industry linkages or alliances. Bear in mind that besides improving her employment opportunities, these contacts can also offer insightful knowledge of the field. Motivate your daughter to consider her goals for personal development. Studying overseas can promote independence, flexibility and cultural understanding. Working, on the other hand, can provide useful skills and advance one’s career. Lastly, the choice should best resonate with your daughter’s personal objectives, ambitions, and financial circumstances. Prior to making a decision, I would recommend that your daughter gets in touch with mentors, employment consultants, former students, as well as industry experts to acquire new viewpoints and insights.

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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Sushil

Sushil Sukhwani  | Answer  |Ask -

Study Abroad Expert - Answered on Jul 03, 2023

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Hello Sir/Madam, My daughter is completing her 3rd year B.Tech (Information Science) this year. SGPA is 7.50 in all previous years. she wants to do her MS after completing her B.Tech. She wants to persue her MS in Germany or UK. My query is should she do her internship next year in India or get a job here or else in a foreign country. I am confused. Please help.
Ans: Hello Stan,

First and foremost, thank you for getting in touch with us. Congratulations to your daughter as she finishes her third year of a B.Tech. program! It's a wise choice to pursue an MS following graduation, and both Germany and the UK have top-notch higher education options. Her internship decision is based on a variety of criteria and personal preferences.

Gaining international experience through an internship in a foreign nation can be useful if your daughter intends to study abroad for her MS. This experience will not only boost her profile, but will also allow her to become acquainted with the work culture and professional environment in another country. Additionally, it may be a chance for her to network and create connections that can help her future professional chances.

Internships abroad, however, may provide unique difficulties, including visa restrictions, language problems, and cultural acculturation. If your daughter wishes to stay in India, she can think about pursuing an internship with a respectable company in her industry. She will be exposed to the industry while also gaining useful real-world experience. She can also look at employment prospects in India, which will advance her career.

The choice should ultimately be in line with your daughter's ambitions, long-term objectives, and circumstances. Researching the particular criteria and opportunities in Germany and the UK, speaking with academic advisors or career counselors, and taking into account various issues like cost, language ability, and potential future career paths may all be helpful for her.

We mainly deal with overseas education. If your daughter is considering pursuing an education abroad, then please contact us. Thanks!

For more information, you can visit our website.

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Sushil

Sushil Sukhwani  | Answer  |Ask -

Study Abroad Expert - Answered on Apr 27, 2024

Asked by Anonymous - Apr 27, 2024Hindi
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Good morning sir, my daughter is in btech. ECE final semister, can I send for ms in abroad, or any job related courses in India, my daughter also not much intrested to go abroad. Kindly suggest better way.
Ans: Hello,

First and foremost, thank you for getting in touch with us. I am glad to hear that your daughter is pursuing the final semester of her Bachelor of Technology in Electronics and Communication Engineering. To answer your question first, I would like to tell you that we only deal with overseas education. Yes, you can definitely send your daughter abroad to pursue her Master's. I would like to tell you that owing to their renowned universities, top-notch education, and vast array of opportunities, a number of countries are well-known for pursuing Master of Science (MS) degrees abroad. With its vast array of top-tier universities and research centres, the USA continues to be a sought-after destination for pursuing MS programs spanning different disciplines. Likewise, a number of international students are also drawn to countries viz., the UK, Canada, Germany, Australia, and Switzerland owing to their cutting-edge academic programs, culturally diverse settings, and significant focus on innovation and research. You would be glad to know that MS students are offered distinct advantages and opportunities in these countries, in turn, making them highly popular destinations for individuals looking for further education overseas.

As mentioned by you, if your daughter is not interested in pursuing a Master's abroad, I would suggest that she looks into other possibilities that best resonate with her interests and professional objectives. Post finishing her Bachelor of Technology (B.Tech) degree, she could think about acquiring professional experience via internships or entry-level work in her field of interest. Gaining this practical experience can prove beneficial for her career growth and may help her determine her professional path. In order to improve her abilities and credentials without committing to a full-time Master's program overseas, she could also look into advanced certifications or specialized courses. Lastly, I would suggest that you motivate your daughter to investigate these possibilities and assist her in discovering her true calling, which in turn, could result in a gratifying and prosperous professional path.

For more information, you can visit our website.

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Sushil

Sushil Sukhwani  | Answer  |Ask -

Study Abroad Expert - Answered on Jun 15, 2024

Asked by Anonymous - Jun 12, 2024Hindi
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Hi, my daughter is a 2023 BE computer science passout. She couldn't get placed, hasn't got job since 1 year. She is hesitant to go abroad, due to recession. Mtech/MS in India at PES or manipal is her last resort. To Take loan ,go abroad?What would be better a choice?
Ans: Hello,
Thank you for reaching out to us. Making the decision to go for further studies involves several considerations that could impact your daughter’s academic future. Here is what you can do:
1. Start by shortlisting the countries. Research the specific skills required.
2. Understand your daughter’s long-term goals. Understand if she wishes to work for specific roles or industries.
3. Compare the curriculum, faculty expertise, research facilities, and industry connections of the program she is considering.
Coming to the cost part, yes, you can take educational loans so as to cover the tuition fees. Additionally, there are grants provided by many NGOs, institutions, and the government for academically brilliant students. At the end, the decision to pursue a program abroad should be in alignment with your daughter's aspirations. Encourage her to seek advice from professors and alumni for a better understanding of how the studies go on abroad.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

Website- https://www.edwiseinternational.com/

You can follow us on our Instagram page- @edwiseint

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Naveenn

Naveenn Kummar  |203 Answers  |Ask -

Financial Planner, MF, Insurance Expert - Answered on Sep 18, 2025

Asked by Anonymous - Sep 07, 2025Hindi
Money
am 53 , in between jobs as lost a high profile job about 8 months back. Have fulfilled all my responsibilities. no debt. own home. Me and wife are empty nesters. Monthly expenses maximum will be 60-65000 per month. Am planning to travel where the expenses could range between 10-12 lakhs per annum. What should be the ideal corpus that i should have at this point in time. i have currently close to 5.5-6.00 cr in corpus most in debt and some in ppf . Is this good enough to retire for good Am planning to go for a comprehensive medical insurance for me & my spouse. Am a very conservative & risk averse individual.
Ans: Dear Sir,

You are 53 years old with the following profile:

No dependents

Monthly expenses: ?60,000–65,000

Planned travel expenses: ?10–12 lakh/year

Current corpus: ?5.5–6 crore (majority in debt instruments and PPF)

Owns home (loan-free)

Risk profile: Very conservative, risk-averse

Planning to take comprehensive medical insurance for self & spouse

Observations

Current Corpus & Expenses

Annual lifestyle + travel expenses: ~?18–20 lakh/year

Using a safe withdrawal rate of 3.5–4% (suitable for conservative, long retirement), you would need a corpus of ~?5–6 crore to sustain current lifestyle indefinitely.

Investment Composition

Since most of your corpus is in debt and PPF, it is stable but may lag inflation slightly over long term.

With low-risk instruments, annual real returns may be ~5–6%, which is adequate if spending is controlled.

Recommendations

1. Portfolio Allocation

Maintain 70–75% in debt/PPF/FDRs for safety.

Keep 15–20% in conservative equity/balanced funds for inflation hedge.

Allocate 5–10% in gold/SGB for long-term protection.

2. Liquidity & Emergency Planning

Maintain cash or liquid funds for 12–18 months’ expenses to cover unexpected needs or medical emergencies.

3. Insurance & Health Coverage

Opt for a comprehensive family floater medical insurance covering hospitalization, critical illness, and post-hospitalization expenses.

Keep term insurance only if required for estate or inheritance planning.

4. Travel Planning

Fund travel expenses from short-term debt or liquid mutual funds to avoid liquidating PPF or long-term debt.

Set aside an annual corpus of ?10–12 lakh specifically for travel.

5. Inflation & Corpus Monitoring

Even conservative retirees should review corpus annually to account for inflation, unexpected medical costs, and lifestyle changes.

Consider modest equity allocation to maintain purchasing power over decades.

Conclusion

With ?5.5–6 crore mostly in safe instruments, your current corpus is sufficient for retirement with your conservative lifestyle and travel plans. Key actions:

Opt for comprehensive health insurance

Maintain liquidity for 12–18 months

Small equity allocation for inflation protection

Review corpus annually

Your retirement can be comfortable, low-risk, and sustainable, given disciplined spending and conservative investment approach.

Best regards,
Naveenn Kummar, BE, MBA, QPFP
Chief Financial Planner | AMFI Registered MFD
https://members.networkfp.com/member/naveenkumarreddy-vadula-chennai

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Naveenn

Naveenn Kummar  |203 Answers  |Ask -

Financial Planner, MF, Insurance Expert - Answered on Sep 18, 2025

Asked by Anonymous - Sep 06, 2025Hindi
Money
I'm 26, unmarried, my current in-hand salary is 1.8L per month, In my savings i have 11.4Lakhs invested in mutual funds focusing investing in Small cap and mid cap large cap and index funds. And 10 lakhs invested in equities My PF Balance is 3.5lakhs and in Nps it's 1.5lakhs. and In my savings account i have around 2.5lakhs. I have recently received salary hike and now I'm planning to invest 1lakh in SIPs every month. I want to retire at the age of 45. My current expenses are around 70k per month.How shall I plan my investments to achieve this goal so that I draw atleast 1.5lakhs(today's value) post retirement.
Ans: Dear Sir/Madam,

You are 26 years old, unmarried, with a monthly in-hand salary of ?1.8 lakh. Current financials:

Investments & Savings:

Mutual funds: ?11.4 lakh (Small-cap, Mid-cap, Large-cap, Index funds)

Equities: ?10 lakh

PF: ?3.5 lakh

NPS: ?1.5 lakh

Savings account: ?2.5 lakh

Planned SIP: ?1 lakh per month

Current Expenses: ?70,000/month

Goal: Retire at 45, maintain lifestyle, draw ?1.5 lakh/month (today’s value)

Observations & Recommendations:

Retirement Corpus Requirement: Considering 19 years to retirement and 5% inflation, you may need a corpus of approx. ?7–8 crore to generate ?1.5 lakh/month in today’s value (adjusted for inflation) at 4% safe withdrawal rate.

SIP Allocation:

Maintain 60–70% in diversified equity funds (flexi-cap / large & mid-cap) for growth.

Keep 10–15% in debt funds or NPS for stability and tax efficiency.

Maintain emergency fund of 6–12 months’ expenses in liquid funds or savings account.

Portfolio Diversification: Avoid concentration in a few stocks; focus on mutual fund diversification across styles and market caps.

Annual Review: Increase SIP contribution with salary hikes; rebalance portfolio annually to maintain risk allocation.

Insurance: Ensure adequate health and term insurance to cover unforeseen events before retirement.

Next Steps:

Consult a QPFP / MFD planner for a detailed cash flow, goal tracking, and early retirement plan.

Monitor portfolio performance annually and adjust SIPs to ensure the target corpus is achievable.

Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully before investing.

Best regards,
Naveenn Kummar, BE, MBA, QPFP
Chief Financial Planner | AMFI Registered MFD
https://members.networkfp.com/member/naveenkumarreddy-vadula-chennai

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Naveenn

Naveenn Kummar  |203 Answers  |Ask -

Financial Planner, MF, Insurance Expert - Answered on Sep 18, 2025

Asked by Anonymous - Sep 06, 2025Hindi
Money
Hello sir I am 41 years old. My monthly income is 1.1 lakhs . My current financials follows: My monthly expense - 60000 EMI vehicle - 9700 Insurance premium - Term insurance: 2300/month Health insurance: 2000/month LIC: 1500/month APY Contribution: 1000/month Insurance cover: Term insurance 1cr. Plus 17 lakhs critical illness cover Health insurance - 30 lakhs family floater LIC - 4 lakhs Emergency fund - 7 lakhs Investment: Mutual fund SIP 1. Goal - House construction - Rs.65 lakhs - timeline - 15 years Parag pareikh flexicap fund - 8k / month 2. Goal - Land purchase - 40 lakhs - Time line - 10 years Axis large and midcap fund - 8k/month 3. Goal - Kids education - 16 lakhs - 11 years ICICI Prudential Large and Midcap fund - 2.5k/month 4. Goal - Retirement - 3.5 cr - 19 years HDFC Flexicap fund - 9.5k/month 5. Goal - Gold - 100gms - 15 years SBI Gold ETF - 6k/month 6. SSY - 3500/month Kindly suggest if I need to make any corrections in my investment. Thank you
Ans: Dear Sir/Madam,

You are 41 years old with a monthly income of ?1.1 lakh and the following financials:

Monthly Expenses & EMI:

Household expenses: ?60,000

Vehicle EMI: ?9,700

Insurance Premiums & Coverage:

Term insurance: ?2,300/month (Coverage ?1 crore)

Health insurance: ?2,000/month (Family floater ?30L)

LIC: ?1,500/month (Coverage ?4L)

Critical illness cover: ?17L

APY contribution: ?1,000/month

Emergency Fund: ?7 lakhs

Investments (SIPs):

Goal: House construction – ?65L – 15 years → Parag Parikh Flexi Cap ?8k/month

Goal: Land purchase – ?40L – 10 years → Axis Large & Mid Cap ?8k/month

Goal: Kids’ education – ?16L – 11 years → ICICI Large & Mid Cap ?2.5k/month

Goal: Retirement – ?3.5 crore – 19 years → HDFC Flexi Cap ?9.5k/month

Goal: Gold – 100g – 15 years → SBI Gold ETF ?6k/month

SSY – ?3,500/month

Observations & Recommendations:

Equity Allocation: Your goal-based equity SIPs are modest and diversified. You may slightly increase SIPs for long-term goals (House & Retirement) to account for inflation.

Debt Exposure: Ensure your emergency fund remains intact (7–8 months of expenses). Consider keeping some short-term debt instruments for medium-term goals like Land purchase.

SIP Consolidation: For simpler tracking, you may consolidate multiple mid-cap/flexi-cap SIPs with 2–3 strong diversified funds rather than many small SIPs.

Insurance: Term and health insurance are adequate. Review critical illness coverage as you age.

Gold Allocation: 6k/month is reasonable. Monitor market volatility and consider staggering purchases.

Regular Review: Rebalance your portfolio every year to ensure asset allocation aligns with risk and timelines.

Next Steps:

Consult a QPFP financial planner for a detailed cash flow, investment alignment, and goal-tracking strategy.

Monitor inflation impact on your goals (House, Land, Education, Retirement) and adjust SIPs periodically.

Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully before investing.

Best regards,
Naveenn Kummar, BE, MBA, QPFP
Chief Financial Planner | AMFI Registered MFD
https://members.networkfp.com/member/naveenkumarreddy-vadula-chennai

...Read more

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Financial Planner, MF, Insurance Expert - Answered on Sep 18, 2025

Asked by Anonymous - Aug 28, 2025Hindi
Money
I am 43 y/o with a monthly salary Rs.2,15,000 after tax with dependent wife and two boys aged 14 and 10. Monthly expenses around 1.25L-1.5L which includes home and car loan EMI and school fees etc. monthly SIP to index fund and a small cap fund is around 30K. Current MF value is 20Lakhs (started investing late). I have No FDs as I broke them to have very less debt for my new home built last year. Direct equity exposure in India is 40Lakhs and some exposure in US markets with 12Lakhs in equities and US ETFs. I have 25Lakhs in my Provident fund. My wife has gold worth 60Lakhs. My current house and the plot is worth 2.8Cr as of today. I also have some ancestral land worth 1Cr. Have rental income from two apartments summing up to 30K. My rented out apartments combined value is around 80Lakhs. I also have 25Lakh worth of health insurance for family and 3Cr worth term insurance in my name. What could be an ideal retirement strategy for me from my day job. I have tried my hand as a swing trader for a year with a decent return of 22% in a year but went back to my job fearing financial instability. I still have that option open as I like trading as well. Thanks in advance!
Ans: Dear Sir,

You are 43 years old with the following profile:

Monthly Salary: ?2,15,000 (post-tax)

Dependents: Wife + 2 boys (14 & 10 years)

Monthly Expenses: ?1.25–1.5 lakh (including home & car EMI, school fees)

Mutual Funds: ?20 lakh (SIP ?30,000/month in index + small cap)

Direct Equity India: ?40 lakh

US Equities + ETFs: ?12 lakh

PF: ?25 lakh

Wife’s Gold: ?60 lakh

House + Plot: ?2.8 crore (self-occupied)

Ancestral Land: ?1 crore

Rental Income: ?30,000/month from 2 apartments (value ~?80 lakh)

Health Insurance: ?25 lakh (family)

Term Insurance: ?3 crore

Observations

Current Net Worth – Excluding lifestyle/home, your investible corpus is ~?1.57–1.6 crore (MF + Indian & US equities + PF + rental property).

Cash Flow – Your salary plus rental income comfortably covers expenses. SIPs continue to build long-term corpus.

Risk Exposure – High concentration in Indian equities (~?40 lakh) and some direct equity risk in US markets. Gold and PF provide stability.

Retirement Horizon – Assuming retirement at 55, you have 12 years to build corpus.

Action Plan

1. Portfolio Diversification & Growth

Maintain 60–65% in equities (MF + direct equity, India + US) for long-term growth.

Rebalance periodically to reduce concentration risk.

Debt/PPF/FDs: 25–30% for stability and predictable cash flows.

Gold/SGB: 5–10% as an inflation hedge.

2. Children’s Education

Allocate a separate goal-based corpus for children:

14-year-old: ~?20–25 lakh for higher education in 4–5 years.

10-year-old: ~?30–35 lakh in 8–10 years.

Use short-duration debt and balanced funds for near-term needs, equity funds for long-term needs.

3. Retirement Corpus & Income

Target corpus: ?6–7 crore (inflation-adjusted, assuming 4% SWP) to sustain post-retirement lifestyle.

Expected post-retirement income sources:

Rental Income: ?30–35k/month (increase with inflation)

PF/NPS: ~?40–50k/month

Systematic Withdrawal Plan (SWP) from MF/Equity corpus: ~?1–1.2 lakh/month

With disciplined SIPs and equity growth (~10–12% CAGR), target corpus achievable by 55.

4. Protection & Risk Management

Term Insurance: Adequate (already 3Cr).

Health Insurance: Ensure family floater covers future medical inflation.

Keep emergency fund equivalent to 12 months’ expenses in liquid instruments.

5. Optional Trading Exposure

You may continue swing trading in a small portion (

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Naveenn

Naveenn Kummar  |203 Answers  |Ask -

Financial Planner, MF, Insurance Expert - Answered on Sep 18, 2025

Money
I am 41 years old. I have 2 kids below 3 years age. My monthly income is 1.50 Lacs and rental income of 60000. I have no plans except one Housing loan of 35 Lacs. I am doing 50000 Sip and have a portfolio of 20 Lacs in Mutual funds and 20 Lacs in shares and 15 Lacs shares. My monthly expenses are now Approx 60000 excluding children education. Children education estimated expenses are 3-4 lacs per annum. I am planning to retire after 5 years. At the time of retirement I will be having the following : 1. Monthly Rental income 70000 2. Monthly NPS Pension 37000 3. Fixed deposit 40-50 Lacs ( interest income 30000) 4. Mutual fund and equity portfolio of 1 crore Is it fisible to retire after 5 years ??
Ans: Dear Sir,

You are 41 years old with the following profile:

Monthly Salary: ?1.5 lakh

Rental Income: ?60,000/month

Kids: 2, both under 3 years

Housing Loan: ?35 lakh outstanding

Mutual Funds: ?20 lakh (SIP ?50,000/month)

Equity Portfolio: ?20 lakh

Fixed Deposits: ?15 lakh

Monthly Expenses: ?60,000 (excluding children’s education)

Children’s Education: Estimated ?3–4 lakh/year

Observations

Current Savings & Investments – Your investible corpus is ~?55 lakh (MF + Equity + FD). SIP of ?50k/month adds ~?30 lakh over 5 years (excluding returns).

Projected Retirement Corpus (5 years) – Assuming 10% CAGR on MF/Equity, your corpus may grow to ~?1 crore. FD interest (~?15k/month at 6–7%) adds stability.

Income at Retirement – Post-retirement, expected inflows:

Rental Income: ?70,000/month

NPS Pension: ?37,000/month

FD Interest: ?30,000/month

MF + Equity Corpus: SWP possible (~?50,000–60,000/month depending on withdrawal plan)

Total Monthly Post-Retirement Income – Approx ?2.1–2.2 lakh/month.

Expense Coverage – Your current expenses (~?60k) plus children education (~?25–30k/month average) are well within projected income.

Action Plan

1. Debt Management

Plan to repay housing loan within next 2–3 years to reduce liability and free cash flow.

2. Portfolio Allocation

Maintain 60–65% in equity (MF + stocks) for growth.

Keep 25–30% in debt (FD/NPS) for stability.

Allocate ~5–10% to gold/SGBs as inflation hedge.

Emergency fund: Maintain 12 months’ expenses in liquid funds.

3. Retirement Withdrawal Strategy

Consider Systematic Withdrawal Plan (SWP) from MF/Equity corpus to supplement rental and pension.

Use goal-based approach for children’s education to avoid disrupting retirement corpus.

Conclusion

Based on current corpus, SIPs, rental, and NPS pension, retiring in 5 years is feasible. Key points:

Focus on clearing housing loan before retirement.

Continue disciplined SIPs for growth.

Keep children’s education funds separate.

Please consult a QPFP / MFD for detailed cash flow planning, SWP structuring, and risk assessment.

Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

Best regards,
Naveenn Kummar, BE, MBA, QPFP
Chief Financial Planner | AMFI Registered MFD
https://members.networkfp.com/member/naveenkumarreddy-vadula-chennai

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Naveenn

Naveenn Kummar  |203 Answers  |Ask -

Financial Planner, MF, Insurance Expert - Answered on Sep 18, 2025

Asked by Anonymous - Sep 12, 2025Hindi
Money
I am 37 years male staying with wife and kid and parents, our household monthly expenses are around ₹65k and my income is around 2lakhs per month I have saved around 13lakhs in Ppf and epf has around 21lakhs and nps around 8lakhs. Have mutual fund investments of about 30lakhs, and fd of around 12 lakhs. I have running investments in sip of around ₹55k in equities and equal amount I m putting aside in debt instruments like fd and ppf each month as I do not want too much risk. Please guide me for planning retirement in next 10 years
Ans: Dear Sir/Madam,

You are 37 years old, living with your spouse, child, and parents. Current financials:

Monthly household expenses: ?65,000

Monthly income: ?2 lakh

PPF + EPF: ?34 lakhs (PPF: ?13L, EPF: ?21L)

NPS: ?8 lakhs

Mutual Funds: ?30 lakhs

Fixed Deposits: ?12 lakhs

Monthly SIP: ?55,000 in equities, ?55,000 in debt instruments (FD/PPF)

Goal: Retire in 10 years (age 47) maintaining current lifestyle.

Estimated Retirement Corpus:

Assuming 5% inflation, monthly expenses at retirement will be approx. ?1.0–1.1 lakh.

Using a 4% safe withdrawal rate, a retirement corpus of around ?3–3.5 crore would be needed.

Action Plan:

Continue your disciplined SIPs in equities and debt. You may consider slightly increasing equity exposure over time to boost long-term growth, especially in the first 5–7 years.

Maintain a mix of 60% equities and 40% debt currently. Gradually shift 20–30% of equity into debt instruments 3–5 years before retirement for stability.

Keep 12 months’ household expenses in liquid instruments for emergencies.

Review portfolio annually to ensure asset allocation matches risk tolerance and inflation expectations.

Consider topping up NPS and PPF to maximize tax-efficient retirement corpus.

Next Steps:

Consult a QPFP financial planner for detailed cash flow, retirement projection, and goal-based investment planning.

Ensure adequate term and health insurance coverage to protect family obligations.

Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully before investing.

Best regards,
Naveenn Kummar, BE, MBA, QPFP
Chief Financial Planner | AMFI Registered MFD
https://members.networkfp.com/member/naveenkumarreddy-vadula-chennai

...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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