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70 and Active: What Exercises Should I Do (and Avoid)?

Nidhi Gupta |199 Answers |Ask -Follow

Physiotherapist - Answered on Feb 04, 2025

Nidhi Bajaj Gupta has 20 years of experience as a physiotherapist.
She founded the Merahki Holistic Wellness Company in 2011 and is the co-founder of Miraaya Holistic Growth Centre.
She has a bachelor's degree in physiotherapy from Sancheti Institute for Orthopaedics and Rehabilitation, Pune, and certifications in myofascial release, dry needling and craniosacral therapy from New York, San Francisco and Singapore.
She combines both Eastern and Western ways of healing. ... more

Asked by Anonymous - Jan 09, 2025Hindi

Health

What are some of the best exercises for a 70 year old? What can they avoid?

Ans: Hello Anonymous,
Each person has different fitness levels. So the exercises prescribed depends on your body type, current fitness levels, any disease like blood pressure/diabetes you have.
Usually it is good to do walks for 40-45 minutes, if possible light strength and balance training would be good too. Yoga can help at any age to stay fitter as it works on the inner organs too.
There are so many 70 plus people who are so fit that they run marathons.
It would be good to take 1 session with a fitness trainer or physiotherapist who can understand the current health status and guide towards the exercises.

DISCLAIMER: The answer provided by rediffGURUS is for informational and general awareness purposes only. It is not a substitute for professional medical diagnosis or treatment.

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Question by Sumukh - Jun 09, 2023Hindi

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Which Exercises are Good For Diabetics to Reverse their Diabetes?

Ans: For people with diabetes, exercise lowers blood glucose levels and boosts your body's sensitivity to insulin, countering insulin resistance. Aerobic exercise like walking, jogging, cycling, swimming, etc improves heart health, increases your metabolism, aids weight loss, lowers your blood pressure, increases your HDL (“good”) cholesterol and boosts your mood. Anaerobic exercise like weight lifting, resistant training, etc. burns calories and improves your cardiovascular health, insulin sensitivity and blood glucose management, improves power and builds muscle strength and mass. Include both in your exercise regimen as adjusted for confounding factors, including BMI, smoking, and other heart disease risk factors.

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Physiotherapist - Answered on Feb 20, 2024

Question by b - Feb 19, 2024Hindi

Health

any particular workout to have for all parts of body for 55 year old men

Ans: Hello b,
Every body is different. It will be best if you can go to a physiotherapist or a gym trainer. They need to first assess your body composition, core strength, muscle tone and accordingly they can give you a proper exercises schedule involving all part of your body.
Also suryanamskar is a wonderful exercise that helps the entire body.
All the best!

Dr Karthiyayini Mahadevan |1145 Answers |Ask -Follow

General Physician - Answered on Mar 31, 2024

Question by Yadupal - Mar 29, 2024Hindi

Health

i am 72 years with diabetes and RA how much walking /physical activities like stretching bending jogging running is recommended ?Thanks

Ans: 30nts of Moderate intensity exercises five days a week is what recommended.
You need to meet a fitness Physician to fine tune your exercise prescription

Dr Shakeeb Ahmed Khan |137 Answers |Ask -Follow

Physiotherapist - Answered on Mar 29, 2024

Question by Ravinder - Mar 29, 2024Hindi

Health

I am 68 years old with diabetes and hypertension and on insulin.height 5.7 ft and weight74 kgs.what exercise or walking is benefical for me. I do not have a y knee problem

Ans: Thank you for your question. Low-intensity aerobics exercises are suitable for individuals with diabetes and hypertension, especially considering your age. They provide cardiovascular benefits, aid in weight management, and help maintain optimal blood sugar levels. Here's a list of the exercises you can consider

Walking and Brisk Walking:

Resistance Exercises using Thera-Band: Resistance band exercises are gentle on the joints and muscles while still providing strength-building benefits.

Cycling, whether outdoors or on a stationary bike, is another low-impact exercise that can improve cardiovascular fitness and help manage weight.

Swimming: Swimming provides a full-body workout without putting stress on the joints.

Meditation and Yoga: They can help reduce stress, lower blood pressure, improve flexibility, and enhance overall well-being.

Incorporating a combination of these exercises into your weekly routine can help you achieve your fitness and health goals while managing diabetes and hypertension. Remember to start slowly, listen to your body, and consult with your healthcare provider before beginning any new exercise program.

Latest Questions

Ramalingam Kalirajan |7825 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Feb 04, 2025

Asked by Anonymous - Jan 25, 2025Hindi

Money

I am 45. In business.want to retire by 55.my current corpus is 2.5 cr mutual fund.50 lac equity.real estate of approx 10 cr. And gold 2 cr.and cash 2cr.annual income around 1 cr after tax.have 3 children.16.12.and 8 respectively .all in boarding @ 10lacs pa. And have 2 parents to support .monthly expenses of 4 lacs pm current .i am also taking a 12 cr term life insurance for 20 years..please guide the investment trajectory for next 10 lacs so i can retire in nxt 10 years and still able to maintain similar lifestyle while taking care of my parents and childrens education and marriage responsibilities.. i maintain 3 luxury cars of around 50 lacs each and change one every 3 years or so.also keep renewing the best health insurances..

Ans: You have built a strong financial base. Your goal is to retire in 10 years while maintaining your current lifestyle. Your portfolio is diversified across mutual funds, equities, gold, cash, and real estate. Below is a 360-degree investment plan to secure your retirement, support your children, and take care of your parents.

Current Financial Position
Mutual Funds – Rs.2.5 crore
Equity Holdings – Rs.50 lakh
Real Estate – Rs.10 crore
Gold – Rs.2 crore
Cash Reserves – Rs.2 crore
Annual Income (After Tax) – Rs.1 crore
Monthly Expenses – Rs.4 lakh
Children’s Education Cost (Annual) – Rs.30 lakh
Luxury Cars – Rs.50 lakh each (One replaced every 3 years)
Parents’ Support – Ongoing financial commitment
Health Insurance – Well-maintained premium plans
Term Life Insurance – Rs.12 crore (20 years)
Your financial strength is impressive, but a clear roadmap is necessary for a smooth retirement.

Major Financial Responsibilities
Retirement at 55 with a similar lifestyle
Children’s education and marriage expenses
Parental support for healthcare and living expenses
Luxury car maintenance and upgrades
Maintaining a strong healthcare safety net
Your financial plan must ensure wealth preservation, growth, and liquidity for these goals.

Optimising Existing Investments
Real estate holdings are illiquid and should not be relied upon for regular cash flow.
Gold provides stability but does not generate passive income.
Cash reserves must be actively deployed for higher returns.
Equity and mutual funds offer growth but need proper allocation.
A structured investment strategy is required to balance growth, liquidity, and risk.

Asset Allocation for the Next 10 Years
1. Increase Allocation to Mutual Funds
Actively managed funds provide superior returns over index funds.
A mix of equity, debt, and hybrid funds will balance growth and stability.
Allocate a portion for long-term growth and another for passive income.
Invest through a Certified Financial Planner (CFP) & MFD for better fund selection.
2. Optimise Direct Equity Holdings
Keep only high-quality stocks with strong fundamentals.
Periodically review and rebalance based on market trends.
Avoid speculative investments or short-term trading.
3. Deploy Cash Reserves Strategically
Do not keep large idle cash reserves.
Allocate systematically into high-return instruments.
Maintain emergency liquidity but invest the rest for long-term growth.
4. Structured Retirement Planning
Ensure a steady post-retirement income through well-structured investments.
Diversify across debt and hybrid instruments for stability.
Align cash flows with future expenses and lifestyle needs.
Children’s Education and Marriage Planning
Education expenses will rise as they progress to higher studies.
Allocate dedicated investments for their graduation and post-graduation.
Consider structured withdrawals to match educational timelines.
Marriage planning should start early to ensure fund availability.
Parental Financial Security
Their medical and living expenses will increase with time.
Enhance their health insurance for additional coverage.
Maintain a contingency fund specifically for their healthcare needs.
Ensure liquidity in case of emergency hospitalisation or treatment.
Luxury Lifestyle Sustainability
Your lifestyle choices require continuous cash flow.
Ensure that investments generate enough passive income.
Plan car replacements without affecting core financial goals.
Factor in inflation and increasing living costs for the next 20+ years.
Ensuring Strong Risk Management
1. Life Insurance Review
Your Rs.12 crore term insurance provides sufficient coverage.
Review every 5 years to ensure adequacy based on changing responsibilities.
2. Health Insurance Optimisation
Continue renewing the best health insurance policies.
Consider top-up policies for extra protection.
Set aside an additional health emergency fund for non-covered expenses.
3. Contingency Fund Maintenance
Keep a separate reserve for emergencies beyond regular investments.
Avoid using retirement corpus for unexpected financial shocks.
Building Sustainable Passive Income
Your current investments should generate sufficient post-retirement income.
Debt and hybrid mutual funds will provide a steady return.
Dividend-yielding equity can supplement passive earnings.
Reinvest surplus returns to maintain portfolio growth.
Final Insights
You are financially strong but need structured investment allocation.
Focus on liquid and growth-oriented assets.
Align investments with retirement, children’s future, and lifestyle goals.
Maintain a diversified portfolio for stability and long-term wealth creation.
By following this disciplined approach, you can retire comfortably at 55 while maintaining your lifestyle, securing your children’s future, and supporting your parents.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ramalingam Kalirajan |7825 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Feb 04, 2025

Asked by Anonymous - Jan 25, 2025Hindi

Money

Kindly guide on the below situation. My husband and I own 3 flats. Calling them as A, B, C for convenience. We are living in flat A(largest value), co-owned by both, his is first name, and mine is second. Entire contribution by him. Flat B also identical situation, which is empty. Flat C similar value as B, here, am first owner, he is second, but contribution is around 90% by him and remaining 10 by me(I was earlier working). Flat C was given for rental all these years, but rental income was credited to a joint account which both of us have. But he wasn’t ok with my using the amount in this account as he said saving it for son higher studies etc. But annual tax was paid by me, which he reimbursed to me later. Now , he wants to sell both flats B and C, as B has been lying empty for years and C is difficult to manage as in a different city. In their place, want to buy 2 equivalent new flats(capital gain tax etc). But for the 2 new flats, he wants to change ownership as follows. Reason he is mentioning is so that later our son doesn’t have to deal with inheritance tax etc. 1. For flat purchased with sale of flat B amount, he wants to put his name as first owner and second as our son who is 18 years old and is a student. (he is ok with putting my name as 3rd) 2. For flat C where I was first name, he is proposing buying equivalent flat with my name first and our son’s name second. For this, he wants to transfer his share of the sales proceeds(90%) to our son, as gift, and then use that to buy the flat. (he says as son is blood relative it doesn’t incur tax) My concerns / queries are as below. 1. There have been lot of friction between my husband and me from time to time , and cannot say what is the future. Am worried whether he is doing this to somehow remove me out of ownership. But he says , that am anyway second name in flat A which is the biggest value. 2. Am not comfortable with adding my son’s name at this stage, as he is 18 and a student and I don’t want him to get involved into financial matters / owning flat / paying income tax etc till he finishes studies / higher studies etc. 3. Am also worried that this should not cause any dispute or conflict between me and my son in future. 4. Also, my query is , if am joint owner in a flat, then even if he has contributed most of it, do I still have any rights? And in his proposed plan, am I at risk of not having any financial security w.r.t the flats, for myself? 5. If in the flat where my son and I will be joint owners, majority of the funds will come through my husband’s gift amount to son, then even if my name is first, who will be the actual majority owner of the flat? Who will get the rental income and who will pay tax? 6. I would prefer status quo, that is , in the new flats bought in place of B and C also, same ownership as before continues. And it can all be passed to son after our lifetime, or through a will etc.

Ans: This is a thoughtful and complex situation involving financial, legal, and emotional aspects. I'll provide detailed guidance addressing each concern individually and from a holistic perspective.

1. Concerns About Ownership and Friction
You mentioned past friction with your husband and uncertainty about the future.

As a co-owner of Flat A and B (even if contributions are primarily from him), you retain legal rights, including consent on sale or transfer.
Joint ownership protects your stake in these properties. Even if his contribution is larger, legally, your name on the property ensures shared rights unless explicitly defined differently in a sale deed.
Given potential concerns about exclusion from ownership, it's wise to formalize any agreement regarding your rights and contributions.
Suggestion:
If your husband insists on involving your son, ensure that you remain a co-owner with clear legal documentation securing your share and rights in all flats, including future sales or inheritance.

2. Discomfort with Adding Son as Co-Owner
At 18, your son is legally an adult but may not be financially mature enough to manage property ownership responsibilities.

Property ownership can expose him to complications, including potential tax liabilities, legal obligations, or unintended liabilities if issues arise.
Ownership changes can also affect financial aid eligibility for higher education.
Suggestion:
Consider postponing adding your son’s name until he is older and capable of making informed financial decisions. Instead, secure his inheritance through a well-drafted will.

3. Potential Conflict with Son in the Future
Inheritance and joint ownership sometimes create misunderstandings or disputes between parents and children.

Suggestion:
Clearly document ownership shares and rights through a formal family agreement or by registering a legal document defining your respective stakes.

Additionally, consult a legal expert to draft a comprehensive will specifying how properties should be distributed upon your and your husband’s demise.

4. Rights as a Joint Owner Even with Minor Contribution
In a joint property ownership setup, your rights are determined by the registered sale deed, not just the financial contribution.

Your legal status as a co-owner entitles you to decision-making rights and a share in the property's income or sale proceeds.
Your husband cannot unilaterally sell or transfer a jointly owned property without your consent.
Suggestion:
Ensure all documents clearly reflect your co-ownership.

5. Gifting to Son and Tax Implications
Your husband plans to gift his share of proceeds to your son for purchasing a flat.

Gifts between blood relatives (father to son) are tax-exempt under the Income Tax Act.
However, rental income from such a flat would belong to your son as a legal owner and may trigger tax liability in his name.
If you are listed as a co-owner but funds are primarily from your husband's gift, your son would technically have the dominant financial claim.

Suggestion:
Consider keeping ownership proportion aligned with the contribution, or ensure your financial rights are explicitly protected through legal documentation.

6. Preference for Status Quo Ownership Structure
You prefer maintaining the same ownership structure for the new flats as with B and C. This is a practical and simpler solution.

Retaining the current ownership pattern avoids unnecessary tax implications and legal complications.
It ensures continuity and clarity regarding property rights for both you and your husband.
Suggestion:
Discuss this preference openly with your husband, emphasizing the ease of inheritance through a will rather than restructuring ownership prematurely.

Final Recommendations
Legal Documentation: Engage a legal professional to draft a family settlement agreement and update your will to reflect inheritance intentions.

Ownership Clarity: Ensure new properties reflect the same ownership structure as existing ones unless both parties agree otherwise in writing.

Will Preparation: Clearly state property distribution to your son after your lifetime.

Rental Income: Formalize agreements on how rental income will be shared and taxed to avoid disputes.

Family Discussion: Have a transparent conversation with your husband and involve a legal expert to mediate if necessary.

This approach will protect your rights, simplify inheritance, and avoid future disputes.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

Ramalingam Kalirajan |7825 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Feb 04, 2025

Asked by Anonymous - Feb 04, 2025Hindi

Money

I am a central govt employee. May I invest in Chinese ETF like Hangseng FTF

Ans: As a central government employee, you should focus on investing in Indian actively managed funds.

Why Avoid Chinese ETFs?
ETFs follow an index and do not have active fund management.
They may lack flexibility in volatile markets.
Investing in a single country ETF increases risk exposure.
Regulatory and geopolitical risks can impact returns.
Recommended Investment Approach
Invest 95% in Indian actively managed funds for better long-term growth.
Allocate only 5% to overseas actively managed funds for diversification.
Avoid ETFs as they do not offer active management benefits.
This approach ensures stability while maintaining a small international exposure.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

Ramalingam Kalirajan |7825 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Feb 04, 2025

Asked by Anonymous - Feb 04, 2025Hindi

Money

Dear Sir/Madam I am 49 and in HR senior position. To take care of my health and well being i want to retire by max next year after my son passes 12th Commerce & start college. I have liquid money along with various FDs of around Rs 1.10 Crores. PF and gratuity now around Rs 27 lakhs. Additionally i have a rental income of around 22k per month. Stock market investment of around Rs 4 lakhs. I have no loans however pay a LIC premium of Rs 60 k every year till 60 yrs age of a 10 lakhs policy. I have health insurance policy of 15 lakhs of premium Rs 40 k per year. Hope i can go for early retirement next year. Kindly advice

Ans: You have Rs. 1.10 crores in liquid money and FDs.

Your PF and gratuity are Rs. 27 lakhs combined.

Rental income of Rs. 22,000 per month is a steady cash flow.

Stock market investments total Rs. 4 lakhs.

There are no loans, which is commendable for early retirement planning.

You hold a LIC policy of Rs. 10 lakhs with Rs. 60,000 annual premium till age 60.

Health insurance with Rs. 15 lakh coverage is excellent.

Emergency Fund Planning
Set aside at least Rs. 10 to 15 lakhs for emergencies.

Keep this fund in a liquid mutual fund or high-interest savings account.

This will protect you from dipping into other investments during crises.

Health and Life Insurance Review
Your Rs. 15 lakh health insurance coverage is adequate for now.

Review the policy annually to ensure it covers lifestyle illnesses.

Consider adding top-up health insurance if your insurer offers it.

Your LIC policy with Rs. 10 lakh coverage is insufficient for life protection.

It may be wise to surrender this policy and reinvest in mutual funds.

Opt for a term insurance plan if life coverage is still needed.

Retirement Corpus Planning
Your current corpus stands at Rs. 1.41 crores, including PF and gratuity.

This corpus needs to be carefully invested for a stable income.

Allocate your funds as follows:

60% in Balanced Hybrid Mutual Funds: These offer stability and growth.
20% in Debt Mutual Funds: Lower risk and steady returns.
15% in Equity Funds: For inflation-beating long-term returns.
5% in Gold Funds or Sovereign Gold Bonds: Hedge against market volatility.
Avoid index funds, as they underperform in volatile markets.

Actively managed funds by experienced professionals deliver better returns.

Monthly Income Strategy
You need a monthly income to support expenses post-retirement.

Your rental income of Rs. 22,000 is a reliable source.

Invest part of your corpus in mutual funds for a Systematic Withdrawal Plan (SWP).

SWPs can provide a stable income while keeping your investments growing.

Avoid annuities, as they lock your money and offer lower returns.

Stock Market Strategy
Your Rs. 4 lakh stock market investment is a good starting point.

Avoid risky direct stock investments unless you have expertise.

Invest through regular mutual funds managed by professionals.

Invest through a Certified Financial Planner (CFP) for tailored advice.

Estate Planning
Prepare a detailed will to ensure smooth asset transfer.

Include details of FDs, PF, rental property, and mutual fund investments.

Appoint a trustworthy executor for your estate.

Final Insights
You are well-prepared for early retirement with thoughtful planning.

Building a diversified portfolio will ensure financial stability.

Focus on health insurance, disciplined investments, and estate planning.

Seek ongoing advice from a Certified Financial Planner (CFP) for expert guidance.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

Dr Shakeeb Ahmed Khan |137 Answers |Ask -Follow

Physiotherapist - Answered on Feb 04, 2025

Question by anil - Oct 28, 2024Hindi

Health

Swelling on feet .I have been walking bare feet in my new house which was having to much cement and dust.Could be that reason .or any thing else.kindly advise

Ans: Dear Mr. Anil. Thank you for your query. As a Physiotherapist, I would say walking barefoot on a rough, dusty surface with cement exposure can cause irritation, inflammation, or mild allergic reactions, leading to foot swelling. Prolonged standing or walking on hard surfaces without support may also contribute to strain and fluid retention. To reduce swelling, keep your feet elevated when sitting or lying down and apply a cold compress for 10-15 minutes, a few times a day. Gentle foot exercises like ankle rotations, toe flexion, and heel-toe raises can improve circulation and reduce stiffness. Wearing cushioned slippers or compression socks can provide support and prevent further irritation. Additionally, staying hydrated, reducing salt intake, and soaking your feet in warm water with Epsom salt may help alleviate discomfort. If swelling persists, worsens, or is accompanied by pain, redness, or warmth, consult a doctor to rule out infections or underlying conditions. I wish you quick recovery

Milind Vadjikar |970 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Feb 04, 2025

Asked by Anonymous - Jan 24, 2025Hindi

Money

Sir, I work in a private organization in hyderabad and i am pf member also. I retired on attaining the superannuation age of 58 years in the year 2023. Im 60 years now but still working there. However, I'm still short of 4 months to complete my 10 years of mandatory service to be eligible for monthly pension. Given the above scenario, I would like to know if I'm still eligible for monthly pension once I complete 10 years of sevice after 4 months, if not will I have to withdraw my full pension now or I can withdraw any time in future, say after one or two years. Further, my sevice duration in my passbook is showing as 2007 years, 6 months and 0 days. Will this error cause any problem when applying for pension or withdrwaing pf amount. I shall be obliged if you would kindly reply my above query. With regards Ahmed M

Ans: Hello;

You are required to complete 10 years before 58.

But you may still withdraw your EPS contribution and now both employer employee contribution should go to epf only.

Please amend service record in case of any anomaly through your current employer.

Best wishes;

Samkit Maniar |179 Answers |Ask -Follow

Tax Expert - Answered on Feb 04, 2025

Asked by Anonymous - Feb 03, 2025Hindi

Money

I am a PSU employee goint to superannuate in next 6 yrs. I am having 35 lakhs in my company defined pension trust (present interest rate 8.02%) which I can transfer to NPS. For transferring the corpus there is exit load of 1.5%. Will you recommend to transfer this amount to NPS right now or wait till retirement when there won't be any exit load.

Ans: Whilst this is more of a financial question, you need to answer the below two questions before coming to any conclusion -

1. What is your risk taking ability. - NPS may provide higher returns than pension trust but comes with its risks since majority of NPS invest in equity markets.

2. Safety pool vs investment return pool?

Please take assistance of a financial advisor from the panel before moving ahead.

Milind Vadjikar |970 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Feb 04, 2025

Question by Prabhat - Dec 31, 2024Hindi

Money

i am worked with one employer from 1999 to 2011 including 4 years overseas with same employer later i worked with another employer for 8 month and later joined first employer for march 2012 to sept 2014. i joined 2 employers between oct 14 to march 15. from April 15 to March 16 i worked overseas and later april 16 onwards i worked in india . while joining in india i was told i am joining as international worker as i was sourced while i was working abroad . i have withdrawn pf for my durations of 1999 to 2014 and invested for my house purchase , my concern is shall i get pension , how service shall be counted from 1999 to 2014 as current only EPFO Shows service post 2016.

Ans: Hello;

Do you have EPS scheme certificates from your employers?

This will serve as a valuable proof of your service period and EPS contribution during the same.

Else you may get these documents from your employers now so as to substantiate your pension claim.

Seek help from a lawyer specializing in labour and EPF laws, if needed.

Pension is your right if you have been a member of EPS for a stretch of 10 years without break.

Best wishes;

Samkit Maniar |179 Answers |Ask -Follow

Tax Expert - Answered on Feb 04, 2025

Question by SANDESH - Sep 03, 2024Hindi

Money

Sir , Recently I have sold one house registered in my name. I have got 1 cr from the transaction. Now i have got one running home loan of around 70 lakhs. Suppose if i repay the existing home loan from the amount obtained , whether i can save capital gain tax. or if i purchase one plot using some part of the amount (for eg: 30 lakhs) , how much capital gain tax i have to pay. The house which i have sild purchased for 7.5 lakhs in 2003. Kindly enlighten me regarding this

Ans: Please note that capital gains exemption is available only upon acquisition of a new residential house property (if the same is within the time limit).

Purchasing a plot will not help in saving capital gains tax.

When did you acquire the house where you have the home loan running needs to be considered? Please let me know that to answer this question appropriately.

In any case you have an option to reinvest the amount in 54EC bonds to the extent of INR 50 lacs and save the capital gains to such extent. The tax will need to still be paid.

Please consult your CA once before proceeding. Thanks!

Milind Vadjikar |970 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Feb 04, 2025

Question by Monty - Feb 03, 2025Hindi

Money

I am currently working as software engineer having 3 YOE my current in hand salary is 70000. I am coming from lower middle class family. What should I do so that if wish to plan a retirement after 50 so that I don't have to look here and their for money ... I want a stable Income after 50. So how much I need to earn so that I can spend 50k per month without having any burden. We are having a house and 3 Acer land (farming). So what should my minimum package so that I can live without any problem

Ans: Hello;

You may start a monthly sip of 40 K into a combination of pure equity mutual funds.(50% flexicap & 50% multicap)

After 20 years you may have a corpus of around 4 Cr assuming modest return of 12%, which may be able to generate a monthly income of 1 L through SWP.

Happy Investing;
X: @mars_invest

See more questions »

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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