My age 53. I am dextrocardian and sirtus invertus person. I got hypothyroid,high blood pressure and chlorestol issue. I am taking tablet for the same I have taken D vitamin and B 12 tablets also under doctor guidance. Recently I have done LFT1 test. In thati got Gamma Gt 164and alkaline phosphate 157. Other parameters are normal. What it indicates? So doctor asked me to do elastography ,but since I am sirtus invertus, technician are not able to get exact location of liver. And it shows abnormal result showing liver cirolisis. What shall I do now

Ans: You're making a commendable effort towards achieving financial independence at a relatively young age. Here's a plan to help you reach your goal:

Increase SIP: Increasing your SIP amount from 25,000 to 1,00,000 is a significant step towards accelerating your wealth accumulation. It shows your commitment to achieving financial independence.
Diversification: Continue investing across different categories like Large Cap, Flexi Cap, and Small Cap funds to ensure diversification and mitigate risk. Diversification helps spread risk across various assets, reducing the impact of market volatility.
Asset Allocation: Consider your risk tolerance and investment horizon when determining the allocation across different asset classes. As you have a long investment horizon (15 years), you can afford to take a relatively aggressive approach with a higher allocation to equity funds.
Regular Review: Periodically review your portfolio to ensure it remains aligned with your financial goals and risk tolerance. Adjust your investment strategy if needed based on changes in your financial situation or market conditions.
Emergency Fund: Ensure you have an adequate emergency fund covering 6-12 months of living expenses. This fund provides a financial cushion in case of unexpected events like job loss or medical emergencies, allowing you to continue your investments without disruption.
Financial Planning: Consider consulting with a certified financial planner to create a comprehensive financial plan tailored to your goals, risk tolerance, and investment horizon. A professional can provide personalized advice and strategies to help you achieve financial independence by 45.
As for how much to invest in upcoming years, it depends on factors like your income growth, changes in expenses, and investment performance. Continuously reassess your financial situation and adjust your investment contributions accordingly to stay on track towards your goal.

Remember, achieving financial independence requires discipline, patience, and a long-term perspective. Stay focused on your goals, remain committed to your investment plan, and continue learning about personal finance along the way.

Best wishes for your journey towards financial independence!

Ans: Absolutely, you're on the right track with your SIP investments. Here's how you can potentially reach your target corpus:

Consistent Investing: By contributing Rs. 10,000 per month through SIPs, you're consistently investing over time, which can help you benefit from the power of compounding.
Quant Small Cap Fund: Investing Rs. 5,000 monthly in a small-cap fund can offer higher growth potential over the long term, although it comes with higher volatility. Small-cap funds tend to perform well over extended periods but may experience fluctuations in the short term.
Balanced Advantage Fund: Allocating Rs. 5,000 per month to a balanced advantage fund provides a more balanced approach to investing, combining equity and debt instruments to manage risk while aiming for stable returns.
Time Horizon: With a long-term investment horizon until retirement (age 55 or 60), you have the advantage of compounding working in your favor. The longer you stay invested, the greater the potential for your investments to grow.
Market Conditions: It's essential to remain invested through market ups and downs, as trying to time the market can be challenging and may lead to missed opportunities. Stay committed to your investment strategy and focus on the long term.
Regular Review: Periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Consider adjusting your SIP amounts or investment strategy if needed to stay on track towards your target corpus.
While it's challenging to predict exact returns, especially in the volatile world of equity investments, with disciplined investing and a well-diversified portfolio, you have a good chance of achieving your target corpus of 80 lakhs to 1 crore by the time you retire.

Remember, investing is a journey, and staying committed to your financial goals, along with regular monitoring and adjustments, will increase your chances of success.

If you need personalized advice or assistance with your investment strategy, consider consulting with a certified financial planner who can provide tailored recommendations based on your specific financial situation and goals.

Best wishes for your investment journey and future financial success!

Ans: You can write MBA entrance exams but simultaneously try and get some experience. Even if you do not get job in the area of your interest, try to look for other areas that could interest you where you can get some work ex. Internship usually does not have much value during admission to B schools.

Ans: Can do MBA in any field of her interest. In most colleges first year is common where they study different fields. She can decide her specialisation after her 1st year of MBA.

Ans: Depends on her interest. Most common option is to study further to get a specialization in relevant areas of her interest in medical field. Another option is to do courses like Hospital Management or Hospital Administration. Third option would be to do General Management course and either continue in Healthcare Consultancy or move to a different field.

Ans: There is a lot of demand for executives from legal field in Management Consultancy. But for that you may need to do Management course. Students with upto 15 years work ex do Executive MBA course (1 year). You can try your hand in that by writing GMAT and doing MBA from one of the top institutes like ISB, IIM A, B, C, XLRI, Another option is to do courses in career that you are interested in and try to get a job in that domain.

Ans: Once you have got an experience in FMCG sales, moving to sales in other areas should be comparatively easy. But you need to have a relevant technical knowledge to get into sales in IT domain. So look at upskilling yourself in the area that you are interested in. There are not too many options at your level where you will be required to travel abroad for sales. Maximum they would send you abroad for training or would relocate you abroad to their international office.

Ans: planning for your children's future and your own retirement is crucial. Here's a step-by-step guide to help you get started:

Assess Your Financial Situation: Begin by evaluating your current income, expenses, and existing savings. Understand your financial goals and timelines for achieving them.
Create a Budget: Develop a budget to track your expenses and identify areas where you can save or cut back. Allocate a portion of your income towards savings and investments each month.
Emergency Fund: Prioritize building an emergency fund equivalent to at least 3-6 months' worth of living expenses. This fund will provide financial security in case of unexpected events like medical emergencies or job loss.
Children's Education Corpus: Estimate the future cost of your daughters' education based on the type of institutions you envision them attending. Start investing in education-oriented savings schemes like Sukanya Samriddhi Yojana or education-focused mutual funds to build a corpus over time.
Marriage Fund: Plan for your daughters' marriage expenses by setting aside a portion of your savings each month. Consider investing in long-term instruments like mutual funds or fixed deposits to grow this corpus over the years.
Retirement Planning: Determine your retirement goals and the lifestyle you aspire to maintain post-retirement. Start contributing to retirement savings accounts such as Employee Provident Fund (EPF), Public Provident Fund (PPF), or National Pension System (NPS). Additionally, consider investing in diversified mutual funds or retirement-focused schemes to build a substantial retirement corpus.
Regular Review and Adjustment: Periodically review your financial plan to ensure it remains aligned with your evolving goals and circumstances. Make adjustments as necessary to stay on track towards achieving your objectives.
Remember, it's never too early to start saving and investing for your family's future. By following a disciplined approach and seeking professional guidance when needed, you can build a solid financial foundation to secure your daughters' education, marriage, and your retirement.

If you need further assistance or personalized advice, consider consulting with a certified financial planner who can offer tailored recommendations based on your specific requirements and objectives.

Best wishes for your financial journey ahead!

Ans: Given your investment horizon of 1 to 3 years and your preference for good returns with less risk, here are a few options you may consider:

Liquid Funds: Liquid funds are low-risk mutual funds that primarily invest in short-term money market instruments and debt securities with maturities of up to 91 days. They offer relatively stable returns and high liquidity, making them suitable for short-term investments.
Short-Term Debt Funds: Short-term debt funds invest in fixed-income securities with maturities ranging from 1 to 3 years. These funds offer higher returns compared to traditional savings accounts or fixed deposits, with relatively lower risk than equity funds.
Bank Fixed Deposits (FDs): FDs are a popular choice for short-term investments due to their safety and predictability. While FD returns may be lower compared to mutual funds, they offer capital protection and guaranteed returns.
Post Office Savings Schemes: Post Office schemes like Post Office Time Deposit (POTD) and Post Office Monthly Income Scheme (POMIS) offer competitive interest rates and capital protection. These are suitable for conservative investors seeking stable returns.
Debt-oriented Hybrid Funds: Debt-oriented hybrid funds invest a portion of their corpus in debt instruments and the remaining in equities. These funds aim to provide a balance between capital appreciation and income generation, making them suitable for investors with a moderate risk appetite.
Arbitrage Funds: Arbitrage funds exploit price differentials in the cash and derivatives segments of the market to generate returns. They typically offer tax-efficient returns and lower volatility compared to equity funds, making them suitable for short-term investments.
Before making any investment decision, it's essential to assess your risk tolerance, investment objectives, and liquidity needs. Consider consulting with a certified financial planner or investment advisor to tailor an investment strategy that aligns with your financial goals and risk profile.

Remember to review your investments periodically and adjust your portfolio as needed based on changing market conditions and personal circumstances.

If you have any further questions or need assistance, feel free to ask.