Home > Career > Question
Need Expert Advice?Our Gurus Can Help

55-Year-Old Peon-to-Admin Manager Wants Career Change: What Jobs Are Available?

Maxim

Maxim Emmanuel  |388 Answers  |Ask -

Soft Skills Trainer - Answered on Sep 30, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
K Question by K on Sep 10, 2024Hindi
Listen
Career

I AM PLANNING TO CHANGE MY JOB. WORKED IN SAME CO. FOR 35 YEARS AGR IS 55. WORKED AS PEON TO ADMN MANAGER. WORKED MULTIPLE TASK . PLEASE SUGGEST ME A JOB IN BIG ORGANISATION

Ans: I see you have grown this company from a Peon to Admin Manager.

It's clear that the company has looked after you very well.
Now at 55 you want to jump job's and experiment.. absolutely doing the wrong thing!?

Stop looking at those fancy big companies.. Start living in the present!?


If you do need further professional advice happy to assist
https://m.me/maxim.emmanuel.2024
Career

You may like to see similar questions and answers below

Latest Questions
Milind

Milind Vadjikar  |269 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 30, 2024

Milind

Milind Vadjikar  |269 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 30, 2024

Listen
Money
I am 46 year old woman.My current salary is 60000 per month. I have invested few amount in shares and ipo around 60000 . please suggest how to do make better plan for future.My son also in 11 th STD
Ans: Hello;

The value of your current income as after 14 years will be 1.36 L considering 6% inflation over 14 years by the time you are 60 years of age.

If you feel that your expenses may be reduced then and you would need say 70% of the income after 60 age so 70% of 1.36 L gives us a monthly income requirement of around 95 K.

To achieve this target I recommend you to start a monthly sip of 25 K into a combination of pure equity type mutual funds.

You need to top-up the sip amount by minimum 10% each year.

Also I would suggest you not to dabble in direct stocks and reinvest the 60 K sum lumpsum into above referred type of mutual funds.

The sip corpus will grow into a sum of around 1.96 Cr. The lumpsum invested will grow into a sum of around 4 L after 14 years considering a modest return of 13%.

Therefore your comprehensive corpus will be 2 Cr.

If you buy an immediate annuity from an insurance company for your corpus then considering annuity rate of 5.75% you can expect to receive monthly payout of around 95 K.

For your son's education funding you may utilise EPF corpus or seek an education loan.

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.

...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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x