Is Thapar Dherabassi University, a branch of Thapar Patiala University, better than Jaypee Noida for CSE?

Ans: Hello,
With your vast experience I encourage you to connect with your colleagues to seek their help in connecting you with potential openings. Do connect with your class mates, friends to discover job opportunities. Do prepare a bio data that lists your expenltise, strength areas, without putting too many conditions like WFH. Trust you can spell out once you reach a decisive stage. All the best.

Ans: 6 months is a very short period to judge

Ans: Hello;

You may buy an immediate annuity from a life insurance company for your corpus.

Considering annuity rate of 7.1%
(Considered higher, some companies already offering this rate), you may receive monthly payout of
4 L(pre-tax) as desired.

There are various options available for annuity among which joint annuity for husband + wife and return of purchase price to their nominee after demise of both, is a suitable option.

Happy Investing!!

Ans: Hello;

Your current total corpus adds upto around 3.7 Cr. (Excluding NPS part of which will get annuitized at 60 age & RE properties).

If you buy an immediate annuity for this corpus you may expect to receive monthly payout of around 2 L(pre-tax) assuming 7% as annuity rate.

I presume you have occupied one flat for self use and other flat is let out on rent.

The rental income per month from one flat and annuity from balance 40% of NPS(after 60 age) will be your surplus income over and above 2 L as envisaged.

You may opt for annual increase in annuity which is a feature offered by some life insurers.

I do not advise retirement corpus to be exposed to equity considering risks involved hence corpus will remain 4 Cr at 65 unless you decide to sell the extra flat or add lumpsum of NPS corpus (60%) to your sum for more annuity income.

Happy Investing!!

Ans: Hello

I wish what you desire was true... everyone would have done that.

Focus on building your career by taking my job. All the best

Ans: Hello

Do what you really enjoy and comfortable with. If you are more comfortable with your previous role go back. Nothing wrong in that.

Wishing you all the best.

Warm Regards

Ans: Hello

Post retirement you can take up freelancing/consulting assignments with companies that are serving the PSU sector as they would value your experience.

Wishing you all the best.

Ans: Hello

Please note carrer is like a marathon and not sprint...It will have it ups and downs.

Suggest you have mentors whom you can interact with and seek guidance.

Be kind and patient with yourself.

Also explore hobbies and interests outside of work.

All the best.

Ans: As property is held for more than 24months, it will be long term capital gain and calculation is required to be made comparing taxable gain with and without indexation. In case construction of house, date of payment is important.