73 Year Old Male Asks: Is My Liver Okay? AST/ALT Ratio Questioned.

Ans: Hi Krishnamurthy,

It is very good that you have managed to do SWPs to cover your monthly expenses. For additional 5000 investment per month, you can split between the 2:
- 2500 in gold etf (you should have a demat for this)
- 2500 monthly SIP in a multi asset allocator fund.

If you do not want to open demat, can invest 2500 in gold mutual funds also.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

The issue is that you are still employed and online application for monthly pension i.e. Form 10D is available only after you have left service and updated your date of exit on the EPFO portal.
But as you are currently active with a new employer, the system only permits Form 31 for partial withdrawals.

Since you meet the requirements for a superannuation pension (age 62 with 13 years of service), please follow these steps to proceed:

1. Verify Your Service History - Check the "Service History" section of your UAN portal. Ensure your previous employer has officially updated your Date of Exit. The online system cannot process a pension claim without this status update.
2. Use the Offline Application Method - If the online portal remains restricted or encounters technical errors, you must submit a physical application.
* Download Form 10D: Obtain the hard copy from the official EPFO website.
* Employer Attestation: Complete the form and have it signed by your previous employer.
* Alternative Attestation: If your previous employer is unavailable or the company has closed, you may have the form attested by a Gazetted Officer, a Magistrate, or your Bank Manager.
3. Submission Details - Submit the signed form to your regional EPFO office along with the following:
* Three passport-sized photographs.
* A cancelled cheque (for the account where you wish to receive the pension).
* Valid proof of age.

For real-time status updates or specific account queries, you can reach the **EPFO helpline at 14470.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Bhogu,

You can park for indefinite period. There is no renewal necessary and there is no lapse. On death of the holder, your family can claim those investments if they have the details.

But since you are a new investor, avoid investing in random funds and take a professionals help.
Do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

These funds are not recommended. You can redeem these funds and invest in better funds available. And avoid investing in such random funds yourself. Instead take a professional's help.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Siddhartha,

SGB were great Gold Bonds to invest your money in, but these have been discontinued by the government. You cannot invest in any SGB now. But SGB's were not ideal for regular income as they offered only 2.5% annual interest.
FD or SWP from mutual funds is the best way to seel any regular income.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

As you are still unsure of your masters next year, you may keep this money in debt mutual funds. And shift it to equity if not required for more than 10 years.
You can go for HDFC short term debt fund to park your money till you make a final decision.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: 1 - not listed
2 - Exit
3- Hold for long term
4- Hold for long term
5-Exit

Ans: Hi,

At the age of 37, you have build a good corpus for yourself. Your overall amount is properly diversified.
To retire early, you need to make sure of few points:
1. Have adequate emergency fund in liquid form.
2. Have proper term insurance and health insurance for yourself and family.
3. Make sure to account for any major financial goals in future such as your marriage, vacations, kids, their education, parents health etc etc.
4. Consider amounts for all these goals.
5. Need to consider your expenses as well. Without these I cannot give you a number.

Assuming your current expenses at 1 lakh per month, you need to have 3 crores to fund you forever (with inflation adjusted expenses).

Hence help me with more details for me to help you better.

Also, as you MF n stocks is 60 lakhs, you need to consult a professional to work out exact funds to invest into as random fund selection often gives far less returns.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Santosh,

You should focus on increasing your income and savings rather than trap yourself into EMI cycle for the rest of your life. Start saving in SIP rather than starting EMI.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/