Hi i am a Diabetic age 46 please advise how to control sugar level suffering from last 15+ years ?

Ans: You have built a strong foundation.

Rs. 150 crore in assets at age 40 is a big milestone.

Rs. 10 lakh monthly income from business is a very good cash flow.

Your modest monthly expense of Rs. 1.5 lakh is very reasonable.

Your money habits show discipline, simplicity, and clarity.

You are well-positioned to grow further with a proper structure.

Let’s plan ahead in a complete, 360-degree manner.

We will now look at each area of your financial life.

1. Understanding Your Current Financial Strength

You own assets worth Rs. 150 crore.

95% of it is in real estate, only 5% is liquid.

You earn Rs. 10 lakh monthly through business.

Your spending is Rs. 1.5 lakh per month.

You have a daughter who is 6 years old.

Your car loan EMI is included in your current expenses.

This is a strong position, but not yet balanced.

2. Maintain a Balance Between Liquid and Non-Liquid Assets

Your current portfolio is heavy in real estate.

Real estate is illiquid. It takes time to sell.

It is also difficult to generate regular cash flow from property.

Future maintenance costs and taxes reduce net gains.

Aim to increase your liquid asset share gradually.

At least 20%-30% of your wealth should be in liquid form.

That helps during emergencies or new opportunities.

Do this in a phased manner over 3 to 5 years.

3. Create a Strong Emergency Reserve

You may not need an emergency fund for daily needs.

But business income can fluctuate sometimes.

Unexpected health or family emergencies may arise.

Set aside at least Rs. 25–30 lakh in liquid form.

Use short-term debt mutual funds or savings instruments.

This should not be touched for investing or spending.

Review the emergency fund every year and top it up.

4. Fix a Personal Budget Framework

Income is Rs. 10 lakh per month.

Spending is Rs. 1.5 lakh per month.

That’s just 15% of your income, which is great.

Keep lifestyle inflation under 5% per year.

Avoid sudden jumps in spending even if income rises.

Save and invest at least 50% of your income every month.

This helps you reach bigger goals comfortably.

5. Education Plan for Your Daughter

Your daughter is just 6 years old now.

Higher education may cost Rs. 1–2 crore in 12–15 years.

Start a separate investment plan only for her.

Use mutual funds for long-term compounding.

A mix of large-cap, flexi-cap, and mid-cap funds can help.

Invest systematically every month towards her goal.

Track progress every year and adjust as needed.

6. Plan Your Own Retirement Early

You are financially free already.

You can choose to retire anytime after 50.

You may continue business if it brings joy.

Or retire early and do something meaningful.

Retirement is not about stopping work but choosing freedom.

Estimate your retirement lifestyle cost in today’s value.

Multiply by expected years in retirement.

Plan your corpus accordingly with growth-oriented funds.

Keep reviewing this every two years.

7. Shift From Real Estate to Financial Assets Gradually

Real estate doesn’t give regular income easily.

Capital growth is also very slow and uncertain now.

Selling real estate is difficult and slow.

Start liquidating less-used real estate in phases.

Don’t sell all at once, spread it over years.

Reinvest proceeds in mutual funds and bonds.

That creates regular income and better flexibility.

8. Maintain a Simple Core Portfolio

Focus more on high-quality actively managed mutual funds.

Direct funds may look cheaper, but no expert support.

Regular funds through a Certified Financial Planner give full guidance.

MFDs with CFP credentials give constant monitoring and support.

Active funds can beat inflation and market returns better.

Avoid index funds as they only match the market.

Index funds don’t protect during market falls.

Actively managed funds can rebalance and reduce losses.

Choose fund categories based on your goals.

Use SIPs and lumpsum in a balanced way.

9. Tax-Efficient Strategies for Your Income and Investments

Your income will attract higher income tax.

You can split income across family members through smart planning.

Invest in tax-efficient instruments.

Avoid too much FD interest in your own name.

Use mutual funds for long-term tax efficiency.

LTCG from equity funds above Rs. 1.25 lakh is taxed at 12.5%.

STCG is taxed at 20%.

Debt fund gains are taxed as per your slab.

So asset choice impacts your tax outgo.

10. Have a Health and Life Cover in Place

You are young, but health risks can appear anytime.

Get a comprehensive family floater health cover.

Add top-up or super-top-up for large expenses.

Take a simple term life cover if any financial dependents.

ULIPs or investment-based insurance plans are not useful.

If already holding such plans, consider surrendering.

Reinvest the proceeds into mutual funds for better growth.

11. Secure Your Estate and Create a Will

You own multiple large assets.

Legal clarity is very important.

Prepare a clear will with proper asset distribution.

Avoid confusion and future disputes.

If assets are very large or complex, set up a trust.

Review your estate plan every 5 years.

Keep nominee names updated across all investments.

12. Plan for Lifestyle Inflation and Business Risk

Expenses today are low. But they will rise slowly.

Factor in lifestyle upgrades, child needs, and inflation.

Business income can be uncertain in the long term.

Start preparing for a passive income portfolio now.

Allocate part of business profits to long-term investments.

Create multiple sources of income for safety.

13. Document Your Finances and Share With Family

Maintain a full record of your investments.

Document policies, FDs, mutual funds, and property details.

Share access and instructions with your spouse or close family.

Train your spouse to handle basic financial tasks.

This avoids confusion in emergencies.

14. Regular Financial Health Check-Up

Have a review meeting once a year.

See if goals are on track.

Check asset allocation and rebalance as needed.

Reassess insurance and emergency needs.

Adjust investments based on business growth or expenses.

A Certified Financial Planner can guide you through this.

Finally

You are already financially independent at 40.

You can retire early, or choose to keep working joyfully.

You have the ability to live with peace and flexibility.

But wealth preservation is as important as wealth creation.

Plan your child’s future with care and attention.

Avoid unnecessary risks in real estate or unregulated products.

Grow your liquid assets and create a balanced portfolio.

Keep your taxes low and your peace of mind high.

Take support from a Certified Financial Planner.

And do regular reviews to stay updated.

You have done very well. Now is the time to plan smartly ahead.

Live with purpose, peace, and prosperity.

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Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment