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Krishna

Krishna Kumar  | Answer  |Ask -

Workplace Expert - Answered on Mar 20, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more
Asked by Anonymous - Mar 20, 2024Hindi
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Career

I have been working for a American MNC for 20 years... Now I am 54 and the company wants to get rid of me as I am expensive from a salary despite being a top performer - and me and my new boss hate each other

Ans: Dear

I can feel your situation it's not easy.

Let me share my thoughts in two parts.

Part A

Work we all have to because it takes care of both emotional and financial well-being. Work keeps us busy, gives meaning to our life and provides us with standard of life and living.

Part B

When work becomes part of our identity, self image and self esteem that's when things start getting bad.

For almost all of us it starts with Part A and at some point Part B takes over.

Coming to your situation, may I suggest following.

1. Ask yourself what are the things that makes this job critical both from Part A and Part B point of view.

2. Financial aspect of job is very important don't discount that, however do an assessment of how much your salary is contributing to take care of your reasonable wants....kids education, rent, household expenses.

3. Issue with boss. Please address it from an open mind...areas where you are responsible and areas where he is responsible. Please understand boss is boss not our friend or gaurdian to take care of our emotional needs. Sit with him/her talk it out. At your age you have enough and more maturity to strike working relationship Please keep your ego aside and more importantly keep your needs aside. Try and look at things from boss' perspective

Lastly please don't take loss of job as rejection or personal failure. Talk to your spouse and family members and seek their strength to move ahead.

All the best. Believe in yourself and life, things will be fine soon.
Career

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Anu

Anu Krishna  |1622 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 14, 2022

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Hi, Sorry, my story is long.I'm 43 years old. My life's been on a crazy downside since the last 3 years. I lost my job a year before Covid. I worked with my last company for over 10 years. In my initial phase I developed and introduced a high-tech animated presentation that the sales team used. This gave my career a boost quickly and I got timely promotions, more responsibilities.I worked 12-18 hours on many occasions. When my boss came to know that my wife and I are going to have a baby, he even gave me an advance appraisal. From earning 3 lakhs a year, my last drawn salary was 21 lakhs a year.Things were going good until I was diagnosed with diabetes. It gave me a real scare and I started taking all the precautionary measures like timely food, timely workout and my focus on the job was only as much as it was needed. I couldn't go overboard working 12-18 hours like I used to. This didn't go down with many of my seniors and especially my boss.I remember, initially he gave me a long-term work from home opportunity. That too was going well but suddenly it was stopped as many colleagues started asking for the same and the company was not ready for this change on a large scale back then.By then the company had ventured into too many online businesses and verticals and they got me to hire 40-45 designers. Suddenly they realized that handling so many things wasn't working for them as the profit margins decreased. Now they wanted me to fire people on the basis of performance. Unwantedly I had to do that. Laying off people who were marginally falling short than others was bad.In between one of the incidents I saw my boss yell at me for no reason. He wanted the team to source a large number of images for the website. He had verbally asked me to utilize everyone on the floor to get the job done. Me being me, I wrote an e-mail officially assigning small tasks to a number of people on the floor. However there was no formal communication from the boss that gave me authority over others and to get others who were not a part of my team to get involved in that project. This was not an easy task as his perspective and other people's perspectives didn't match. The job went on slow and my boss got angry. He came to my cabin and gave me a big scare using foul language which must have been audible even outside to others. And mind you I was not at fault. This incident made me scared and doubtful of myself.I could never face my boss again. Whenever he was in office I would not come face to face with him. My interaction with him soon became zero. The appraisals were below par. The amount of work I used to get, got diverted to my juniors directly, bypassing me. And soon they asked to resign. I got 3 months compensation. But, after that, I couldn't really find another job as I feel I am not capable of handling stuff. I feel I will fail. I have tried to psyche myself into positivity but I can't.While I have noticed that as a freelancer, I have successfully handled many projects in the past 4 years and clients have been happy. It's only that I am very uncomfortable working in an office environment. That corporate culture for me is like a HORROR movie. Now the scenario is such that my projects in hand have reduced. I think I don't have the business acumen. It's becoming tougher to find new clients. I have applied to literally 1000 places but no one's taking the GAP in the jobs well. That's my guess. I'm more of a hands-on worker than a manager so I also applied for junior positions but I've had literally no luck.My wife has throughout these 4 years supported me and my freelance ventures. We have one kid who's 11 years old and can understand the situation even without us explaining it to him. When we got married, my mother-in-law was much older than my parents were, we decided to stay with her initially and it's been 14 years since we started staying here. We save on rent. Things were good when I had a well-paying job but now my wife's had to shell out a lot for the day-to-day expenses. Now, she keeps asking why I am unable to find a job. How much is she going to have to shell out? My savings have depleted, now hers too. I am ashamed of asking her to pay for stuff every month but my situation makes it compulsory. I have two loan EMIs, and our monthly expenses which we pay through credit card usually. But I don't have adequate income. Somehow, my wife thinks that the kind of lifestyle she has always led and what she has visualized is something she'll have to stick to. Even though we stay in a bungalow, the finances are not exactly alright. The colony where we live is full of crorepatis and my wife thinks that she has to maintain her lifestyle otherwise the kids outside will not be fair to our kid. They will tease him. The kids here are such that they compare a lot -- your house, my house, your car, my car etc.Of late we have been fighting a lot. She's always been stressed with my joblessness, my son's studies. She ends up scolding him too much and generally remains in a bad mood. I won't hide the fact that I have faced a lot of insults lately and some of them in front of my kid. Basically whenever my wife and I have an argument, she always ends it by mentioning the amount of money she has spent on the family and my joblessness. Add to it the fact that I am staying at her place. I can never have any further argument. It's like her Brahmastra.I used to be very patient when things were fine. Now, even I get agitated in no time. I'm one confused soul at the moment. I'm not outgoing, I'm very shy when it comes to new people. I've been watching a lot of videos about gaining self-confidence. But practical things do not really work out the way I think. My freelance venture failed. My e-commerce venture failed. Basically whatever I do, fails. It's that kind of a phase in my life when everything just goes wrong. I'm not a suicidal person and I want to spend a lot of time with my family yet. I'm just not sure now what to do. How to get my confidence back? Is there a thing called bad luck? Is this spiritual? Will things ever come back to normal?P.S. I have personally spoken to many people in my friends’ circle and clients circle and told them that I am looking for a job. Hoping that something materializes. But in the meantime, whatever I wrote above are things that I can't speak about to anyone.P.S.2 There's a pattern. My father was jobless after 40. So am I. He struggled a lot in his life and did whatever he could to give us the best. I'm trying hard too but I feel I am losing it. I don't want my child to face these kinds of things in his future. I hope this bad luck doesn't pass on.
Ans:

Dear R,

Let’s bring it down simply into Health, Work and Marriage. And of course, your added element of superstitions that aren’t helping anyway.

You were absolutely right in taking care of your health and reworking your work timings.

If the boss doesn’t care about that, well then you are stuck with a boss whose appraisal on you will be based on the number of hours v/s actual output of work.

I know you cannot choose your boss, but being led by someone like this isn’t going to let you grow either. So, whether you choose to work as a freelancer or within an office, do make sure that you are surrounded by people that can fuel your growth.

If that’s not possible always, work your mind to a point of strength where you hold fort and not allow yourself to be a pawn like you did with you boss.

With your personal story, your wife did support you when she did and maybe the lifestyle is something that is used to.

Isn’t it time for the two of you to actually talk about the future. Instead of allowing life to take you over, ever thought of setting a strong goal as a family where everyone is involved in each other’s success journey?

So, she perhaps does not understand what it means to still live with her mother, what it means for her to have a husband with a steady job, what it means to you to keep your health at its peak!

When you both don’t understand what things mean to each other, you will be caught in crossfires and not support one another. So TALK and COMMUNICATE. And if all superstitions were to be believed, we could hunt all the black cats down and hold them captives OR not walk outside for fear of them crossing our paths.

It’s just your mind mapping on this low phase into today.

What happened with your father and you repeating with you and your son becomes true only when you don’t take charge of your life now and do something different. So, think and act different and more usefully.

Create a better life. All the best!

..Read more

Ashwini

Ashwini Dasgupta  | Answer  |Ask -

Personality Development Expert, Career Coach - Answered on Jul 12, 2023

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Career
Resp. Ma'm, I am 53 years old. I have created my own identity in the field of sales & marketing. I am working with a US company for almost 20 years. Recently I am moved to the US headquarters in a new role. I am making adequate arrangements for my old age parents with 24x7 care at home and moving to the US with family for the future of my kids. However, I have realized my role is quite inferior. And it seems they want to observe my performance and keep me light weighted in the beginning to easily settle down. I think of my parents in such situation and feel like, quitting and moving back to India. What should I do? Keep patience? Or start my own business in India, which is a bright spot in the world economy? Kindly advise.
Ans: Hi Parry,

Thank you for writing in.

First of all, it's important that you should know the intention, what is the purpose. If the purpose is to move to US for kids for their future and betterment, then you have already made the decision of settling in US.
Secondly on the Parents- Here as you are currently feeling not sure about the job, I can suggest that you spend some time in the current role in US and see how you are progressing on the job front. Once you are sure and it's moving as per your expectations then you may think of calling your parents to US. Considering the age, you may not want them to travel and come out of their comfort zone and stay in US especially when you are in doubt.
Or
You can start hunting for a job in India from US and then move back India. Moving back to India with no job with proper planning will not help sustain for long.
Secondly, if you want to start your business please jot down the pros and cons (importantly if you are the only earning member in the house). You need to do the market intel of your business and see how lucrative it will be especially knowing the recession has hit where most of them are considering downsizing. Also, it is equally true to set a business can take months to years. You need to ask q's to yourself if you will be able to sustain that long (consider the number of family members, expenses, education etc) or will you have to use the savings. You will have to do a deep logical thinking on all of these aspects. You can start the business as a side hustle and work building it along with your job. This way you are financially stable, and you get the time to build your own business for future.
I can understand you might be emotionally drained or frustrated but know that this is temporary. This will fade off. For now, focus on one thing at a time and have patience. Think practically.

Hope this helps. All the best.

To Your Success. Be You. Be Confident.
Ashwini Dasgupta
Author of -Confidence Decoded. Is it a Skill or Attitude?

..Read more

Pradeep

Pradeep Pramanik  | Answer  |Ask -

Career And Placement Consultant - Answered on Nov 12, 2024

Asked by Anonymous - Oct 29, 2024Hindi
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Pradeep, I am a professional with more than 17 years of experience in Operations, team management. Currently I have started working in a global MNC in a global position. Earlier I was working with the same organization for more than 10 years. Then during Covid, I lost my job. Finally, settled down with another company with almost 40% less salary. Though I loved the role and responsibilities there. I was a Senior Team Lead there. I liked the role where I was managing the team, working with the team. But due to some internal politics, I lost my job in that organization too in this year only. Why I am saying politics? Because just before they fired me, I got best performer award and best employee of the last quarter 2024 award. Then I rejoined my old organization with lots of hope. But now I am finiding it difficult to cope up in this global role. The top management expected me to know everything within 3 to 4 months and start delivering. One of the biggest hurdle that I am facing is that earlier when I was in this organization for more than 10 years, I was in another process. This time I got in a role where the process is completely different. Also no proper training is provided. I am not get a fulfiling satisfaction from this role. Also I am not able to get job satisfaction and now I am thinking of quitting and start something of my own. A business venture or a consultancy service. But not sure how to start and also afraid of the flow of income. I have a mother who is suffering from age related problems. Have a little kid of 12 years. My wife is not working. I tried to switch jobs. But it seems that no one is there to take someone who is almost at 45 years of age. I am loosing my hope and confidence day by day. Please help.
Ans: Dear... Request you to mention the question in precise way to understand what exactly you require from us. Big question normally indicates state of confusion somewhere hence difficult to repply which will satisfy you.

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Nayagam P

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Sir, My daughter studying BTec IT 3rd year. She attend two placement aptitude exam but not qualified. So kindly guide me where to practice and learn the aptitude and your advice to win the placement exam.
Ans: Arulmurugan Sir, Engineering aptitude tests evaluate quantitative, logical, and verbal skills under time pressure. To improve performance, your daughter should adopt a structured practice regimen that includes:

Online Practice Platforms:

IndiaBIX for topic-wise quizzes and detailed solutions across Quantitative Aptitude, Logical Reasoning, and Verbal Ability .

LearnTheta’s AI-driven adaptive modules tailoring difficulty to her progress, with real-time feedback on strengths and weaknesses .

Testbook for company-specific mock tests covering Infosys, TCS, Wipro, AMCAT, CoCubes, and more, along with performance analytics .

Coding & Logical Drills:

HackerRank and LeetCode for problem-solving speed and accuracy in reasoning and basic coding challenges that often appear in tech placements .

Reference Books:

R.S. Aggarwal’s Quantitative Aptitude for fundamentals and shortcut techniques .

R.S. Aggarwal’s A Modern Approach to Verbal & Non-Verbal Reasoning for logical puzzles .

Practice Strategy:

Schedule daily timed sessions simulating test conditions to build speed and accuracy .

Review mistakes immediately to avoid repetition, and focus on weakest areas via topic drills .

Recommendation: Combine online adaptive platforms (IndiaBIX, LearnTheta) with targeted mock tests (Testbook) and foundational books by R.S. Aggarwal, practicing under timed conditions and reviewing errors diligently to excel in placement aptitude examinations. All the BEST for the Admission & a Prosperous Future!

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I got vit bhopal integrated mtech in computer science engineering (computational and data science) cat 1.My jee rank is very bad ,other options are niet noida cse and gl bajaj ece .What should I do??
Ans: Your Integrated M.Tech CSE (Computational & Data Science) at VIT Bhopal offers a five-year streamlined program with specialized data science curriculum, 90%+ placement consistency over the last three batches through 820 recruiters, and strong AI/data roles like ML Engineer and Data Scientist. NIET Greater Noida’s CSE sees nearly 100% placement rates in the past three years with over 2,100 offers annually, but average packages trail core analytics programs, and its location in NCR provides broad corporate access. GL Bajaj Greater Noida’s ECE maintains 85–90% placement consistency over recent years, focusing on telecom and embedded systems roles via 300+ recruiters but with fewer analytics opportunities. Given your computational/data science interest and placement density, VIT Bhopal’s integrated M.Tech CSE aligns best with niche data-driven roles and higher recruiter engagement; NIET CSE is a viable second choice for broad NCR exposure; GL Bajaj ECE fits only if hardware/communication domains are preferred. Recommendation: Confirm VIT Bhopal Integrated M.Tech CSE for its targeted curriculum and 90%+ placement track, with NIET Noida CSE as backup and GL Bajaj ECE as tertiary option. All the BEST for the Admission & a Prosperous Future!

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Ans: With a KCET rank of 11,500, your son can aim for reputable Bangalore institutions offering Electronics & Communication Engineering (ECE) that maintain 80–90% placement rates over the last three years. RV College of Engineering admits ECE candidates up to rank ~995 (Round 2), but under management or higher-category slots ECE closes around 2,850–4,650. MS Ramaiah Institute of Technology welcomes ECE entrants up to ~3,362–4,094 in recent rounds. BMS College of Engineering Bangalore’s ECE cutoff stood at 1,850–1,950 for General Merit and 8,000–8,300 for 1G category, with 85% placement consistency. Dayananda Sagar College of Engineering typically closes ECE at 3,000–6,000, delivering ~90% placements. Nationally ranked RV College’s management quota and VLSI/Electronics streams admit wider ranks up to 17,630, sustaining 80–85% placements. Nitte Meenakshi Institute’s ECE cutoff in General AI hovered around 17,159 in 2024 with 80–90% placements. Cambridge Institute of Technology’s ECE last-round rank reached ~48,856 for General Merit, recording 80% placements.

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Ramalingam

Ramalingam Kalirajan  |8927 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 16, 2025

Money
Hi sir I'm 30 years old and started my sip 10 months ago 1.5 lakhs invested till the date . Want to invest for 15 years Below are details Quant small cap 2.5 k per month Nippon India small cap 5k Motilal Oswal mid cap 5k Parag Parikh flexi cap 3k ICICI prudential nifty 50 index fund etf Rs 200/- 1. Currently investing Rs15700/- want to invest 20k suggest which Current MF to invest more amount or any changes need to be done. 2. Should I invest 5 lakhs in lump sum or in sip which is better
Ans: You have made a great start at the age of 30. Investing early builds strong financial foundation. You are investing Rs. 15,700 per month, which is a healthy amount. You are also planning to increase it to Rs. 20,000 monthly. That’s a smart move. You also have Rs. 5 lakhs for lump sum investing. Now let’s evaluate your mutual fund choices, portfolio structure, and ideal action plan.

Age, Time Horizon and Investment Profile
Age: 30 years

Investment horizon: 15 years

Monthly SIP: Rs. 15,700 currently

Planning to increase to: Rs. 20,000

Lump sum available: Rs. 5 lakhs

Your strengths:

Long time horizon gives high compounding benefit

SIP is already running in good amount

You are open to increasing your investment

You are thinking long term. That’s the right mindset

Let’s analyse your mutual funds in a structured way.

Analysing Your Existing SIP Portfolio
1. Small Cap Exposure
Two small cap funds: Rs. 7,500 per month

These are high-risk, high-return funds

You are investing 48% of SIP into small cap category

That is a high concentration for a young portfolio

Small caps can be very volatile

Better to reduce exposure a little

2. Mid Cap Exposure
One mid cap fund: Rs. 5,000 per month

Mid cap funds are ideal for long-term investors

They balance growth and stability

32% allocation to mid caps is fine

3. Flexi Cap Exposure
One flexi cap fund: Rs. 3,000 per month

Flexi cap funds give fund manager freedom to move between cap sizes

These are good for diversification and dynamic allocation

You can increase allocation here

4. Index Fund (ETF)
Monthly investment: Rs. 200 only

You mentioned it as Nifty 50 ETF

This is an index fund

Index funds have no flexibility

They can’t protect in falling markets

They follow the index blindly

Active funds have proven to beat index consistently over time

Avoid index funds in wealth creation journey

You may exit this and reallocate to active funds

Suggested Portfolio Changes
You aim to invest Rs. 20,000 per month going forward. Let’s realign your portfolio with a strong mix.

Suggested fund category allocation:

Small Cap Funds: 25% of SIP

Mid Cap Funds: 30% of SIP

Flexi Cap Funds: 25% of SIP

Large & Mid Cap Funds: 20% of SIP

New monthly SIP allocation suggestion (Rs. 20,000 total):

Small Cap: Rs. 5,000

Mid Cap: Rs. 6,000

Flexi Cap: Rs. 5,000

Large & Mid Cap: Rs. 4,000

Key actions to take:

Reduce SIP in one small cap fund by Rs. 2,500

Continue with one small cap only. Pick the more consistent one

Increase allocation in Flexi Cap fund

Introduce one Large & Mid Cap fund to diversify

Exit the index ETF fund completely

It adds little value and lacks protection in correction

Should You Invest Rs. 5 Lakhs as Lump Sum or SIP?
This is a very important question. Your decision must consider market timing risk.

Risks in lump sum investing:

If market falls just after lump sum, portfolio value drops

Emotionally it becomes hard to continue

Market may not recover quickly

You may exit at wrong time if not mentally prepared

SIP offers smoother entry:

Rupee cost averaging works well in SIP

Emotional comfort is higher

Volatility is absorbed better

You avoid regret of wrong timing

Best way to invest Rs. 5 lakhs:

Do not invest all in one go

Spread it over next 6 to 9 months

Do STP (Systematic Transfer Plan) from liquid fund to equity funds

This gives safety and gradual market exposure

Choose funds where you are continuing SIP for long term

Avoid lump sum in small cap or sector funds

Suggested STP action:

Put Rs. 5 lakhs in a low-risk liquid fund

Transfer Rs. 55,000 to Rs. 80,000 per month into chosen equity funds

Use the same four fund categories for STP

Asset Allocation View for 360-Degree Planning
You are young. You can afford high equity exposure. But that doesn't mean 100% small caps.

Suggested equity exposure:

Total equity exposure: 90%

Liquid/emergency: 10%

You can take this exposure for next 10 years

Ideal allocation among equity styles:

Large cap and large & mid cap: 30%

Mid cap: 30%

Small cap: 20–25%

Flexi cap and multi cap: 15–20%

This structure gives better balance. It protects from high volatility and improves long-term returns.

Regular Funds vs Direct Funds
You didn’t mention if you are using direct plans. If yes, then please note these:

Disadvantages of Direct Funds:

You get no guidance during market volatility

You may stop SIP at wrong time

No proper rebalancing or strategy check

Emotionally hard to manage alone

Many direct investors make mistakes in fund choice and exit timing

Benefits of Regular Funds through Certified Financial Planner:

Ongoing tracking and review of your portfolio

Behavioural coaching during market fall

Proper rebalancing and performance audit

Long-term handholding for goal-based planning

Worth more than the small trail cost involved

For long-term wealth creation, professional support is very useful.

Additional Suggestions for Long-Term Success
Emergency Fund Planning:

Keep 6 months expenses in a liquid fund

Never invest this portion in equity

Insurance:

Take pure term insurance if not yet done

Health insurance for self and family is also must

Periodic Review:

Review your SIP funds every 12 months

Do not change funds based on short-term return

Stick to the goal and asset allocation

Avoid These Mistakes:

Do not invest in traditional LIC plans, endowment or ULIP

Avoid high exposure to sector or thematic funds

Don’t go for trending new funds or NFOs

Avoid real estate for now. Liquidity is poor and returns are slow

Do not invest in index funds unless portfolio is very large

Taxation Point to Note:

Equity mutual funds: LTCG above Rs. 1.25 lakhs taxed at 12.5%

STCG taxed at 20%

Debt fund returns taxed as per your income slab

Plan redemptions carefully to reduce tax impact

Finally
You have a great start at 30.

Keep investing consistently for 15 years

Reduce small cap exposure a little

Remove index fund ETF from your SIP

Use STP for Rs. 5 lakhs investment

Add one large & mid cap fund to portfolio

Review regularly with a Certified Financial Planner

You are on the right path. With a few changes and disciplined investing, you will build long-term wealth.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

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Ramalingam

Ramalingam Kalirajan  |8927 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 16, 2025

Money
I am a 55 years old man with wife and two children aged 18 years & 12 years respectively. I have a Mutual Fund Corpus having current value of approx 4.70 crores and PPF of Rs.51 Lakhs. I have my own residence (Actually 2 properties) . I want to retire in another 3-4 years. I want to know how much more corpus is required to have a monthly income of 3.5 Lakhs p.m considering that I have no liability in respect of any loan/EMI but have to settle my children. The elder child is going for Engineering starting this year and I will have to spend at least Rs.45 Lakhs on his education in 4 years starting from now and the younger one will take another 5-6 years to decide about his future for which I may require another Rs.50 Lakhs over a period of 4 years staring after 6 years from now. My monthly expenses is about 2.5 Lakhs currently. Please Advice
Ans: Current Family and Financial Profile
Age: 55 years

Retirement planned: In 3 to 4 years (Age 58–59)

Family: Wife (homemaker/earning not mentioned), two children (aged 18 and 12)

Corpus:

Mutual Funds: Rs. 4.70 crores

PPF: Rs. 51 lakhs

Assets: Own residence (two properties)

Monthly expense: Rs. 2.5 lakhs (likely to increase with inflation)

Desired monthly income in retirement: Rs. 3.5 lakhs

No loans or EMIs

Children’s education expenses:

Elder: Rs. 45 lakhs over 4 years

Younger: Rs. 50 lakhs, to be spent over 4 years starting after 6 years

Acknowledging Your Current Strengths
You have zero liability. This gives a strong starting base.

You own two residential properties. That gives long-term housing stability.

Your current corpus size is encouraging.

You have well-structured long-term instruments like Mutual Funds and PPF.

You have a clear idea about your future cash flow needs. That’s very helpful.

Expense vs Income: Present and Future
Current monthly expense: Rs. 2.5 lakhs

Expected retirement income: Rs. 3.5 lakhs per month

This gap of Rs. 1 lakh is reasonable and achievable.

However, post-retirement expenses may rise due to inflation.

Inflation impact (very important):

In 10 years, even 6% inflation doubles monthly expenses.

So, Rs. 3.5 lakhs today will be Rs. 7 lakhs after 12 years.

Your corpus must factor in this increasing need.

Immediate Financial Commitments: Children’s Education
Elder child (Engineering)

Starting this year

Total expense: Rs. 45 lakhs in 4 years

You will withdraw Rs. 11-12 lakhs per year

This will slightly slow your corpus growth

Younger child

Education expense of Rs. 50 lakhs

Will be needed 6 years from now

Will span across next 4 years after that

Better to create a separate, moderately aggressive plan for this

Action Plan:

Ringfence Rs. 1 crore from corpus for both children’s education

Keep this portion in hybrid or balanced funds

Withdraw in tranches as required

Avoid debt funds if redemption horizon is short

Avoid direct stock exposure for this portion

Retirement Corpus Requirement Assessment
Your goal is Rs. 3.5 lakhs per month post-retirement. That’s Rs. 42 lakhs per year.

You plan to retire in 3–4 years. You’ll need inflation-adjusted income for next 30 years.

Factors considered here:

Monthly withdrawal from age 59 to 85+

Inflation-adjusted income

Healthcare costs increase after age 65

Regular expenses

Periodic travel or leisure

Major life events like marriages, gifting, home maintenance, etc.

Total corpus needed (excluding children's education):

Based on your lifestyle and inflation

You need around Rs. 12.5 crores to Rs. 13.5 crores

This includes buffer for emergencies and rising medical costs

Your Current Position: Gap Analysis
Current mutual fund corpus: Rs. 4.70 crores

PPF corpus: Rs. 51 lakhs

Total current investable corpus: Approx. Rs. 5.21 crores

From this, earmark Rs. 1 crore for both children's education

Effective available retirement corpus: Rs. 4.21 crores

Required corpus at retirement: Rs. 13 crores approx.

Additional requirement: Around Rs. 9 crores more in next 3–4 years

This may look large. But you still have time to grow the corpus.

Steps to Bridge the Gap
1. Invest Aggressively and Strategically for Next 3–4 Years
Focus on high-growth mutual fund strategies

Use actively managed diversified equity funds

Avoid index funds due to lack of flexibility and inability to beat market consistently

Index funds carry hidden risk in falling markets. They blindly follow index movement.

Instead, select active funds with quality fund managers and long-term track record

2. Avoid Direct Funds if Not Monitored Properly
Direct funds save commission, but lack professional hand-holding

Many investors underperform due to wrong timing or switching

Investing through a MFD (Mutual Fund Distributor) with CFP certification adds personalised planning

Regular funds ensure long-term behavioural discipline and portfolio reviews

You avoid emotional mistakes in volatile periods

Peace of mind and handholding is worth the trail cost

3. Regular Investments Until Retirement
Every year till retirement, invest at least Rs. 15–20 lakhs

Prefer SIP + lumpsum when market provides opportunities

Deploy idle funds wisely but avoid overexposure to small caps

Stay away from sector-specific or thematic funds

Asset Allocation: Pre and Post Retirement
Current Phase (55 to 59 years)

Equity-oriented mutual funds: 70%

Hybrid/Conservative Hybrid: 20%

PPF & Liquid assets: 10%

Post Retirement (59 years onwards)

Equity: 50% (for growth and inflation protection)

Hybrid: 25% (for stability)

Debt/Liquid: 25% (for regular withdrawals and low volatility)

Keep minimum 3 years' expenses in debt funds or liquid sources

Important:

Always follow proper SWP (Systematic Withdrawal Plan)

Rebalance portfolio once a year

Increase withdrawal only after reviewing portfolio health

Additional Planning Areas to Address
Medical and Health Care Costs
Buy a comprehensive health insurance (if not already covered)

Consider super top-up plans for higher medical cover

Medical inflation is higher than general inflation

Allocate Rs. 1 crore over time for health-related expenses

Emergency Fund
Maintain Rs. 20–25 lakhs in ultra short-term funds or liquid funds

Do not touch it for any planned expenses

This is only for unexpected emergencies

Estate Planning
Create a Will

Mention all investments, nominee details clearly

Appoint a trustworthy executor

Educate family about how to access financial documents

Retirement Lifestyle Planning
Think about lifestyle goals post-retirement

Leisure, travel, social goals should be part of the plan

Allocate 10% of retirement corpus for non-essential goals

Avoid These Common Mistakes
Do not invest in traditional insurance plans

Avoid ULIPs, endowments, or investment cum insurance policies

Do not lock large amounts in FDs with poor post-tax returns

Avoid real estate as a retirement asset. It's illiquid and risky.

Do not depend on annuity plans. They offer poor returns and no flexibility.

Don’t withdraw large amounts from equity when market is down

Tax Planning in Retirement
Keep equity exposure for tax efficiency

LTCG above Rs. 1.25 lakhs taxed at 12.5% only

Avoid large STCG in equity mutual funds. Tax is 20%

For debt mutual funds, both LTCG and STCG are taxed as per income slab

Use SWP to reduce taxable income smartly

Use senior citizen schemes (if needed) in a limited way

Finally
You are already in a good position.

But there is a visible gap in future requirements.

Focus next 4 years on wealth building with right mutual fund strategy.

Avoid distractions like poor-performing traditional plans

Continue disciplined investing

Your goal of Rs. 3.5 lakhs per month is possible

But only with planned execution, proper asset mix and professional guidance

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...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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