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Can I retire in 5 years with Rs. 2.5 crores at 39?

Milind

Milind Vadjikar  |1120 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Feb 12, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
Asked by Anonymous - Jan 28, 2025Hindi
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Hi, I am 39 living with my wife and parents in our family house in Kolkata,no kids.. I have a corpus of 2.5 crores (90%in mutual funds, 5% in FD/NPS and 5% in stocks)..Investing since 2011 with a portfolio CAGR of 15%.. I don't have any debt..Can I consider retirement in next 5 years.. what do I need to do .My monthly expense around 1 lac

Ans: Hello;

You need a minimum retirement corpus of 4 Cr plus an emergency fund of 15-20 L.

4 Cr sum when invested in a equity savings type mutual fund with low to moderate risk rating may yield a post tax monthly income of around 1 L at 3.5% SWP.

Assuming inflation at 6% and fund returns at 8%, on average, this can provide you monthly income indexed to inflation since time in retirement is expected to be higher.

Best wishes;
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Anu Krishna  |1568 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 24, 2025

Asked by Anonymous - Mar 18, 2025Hindi
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Dear Madam, I am 42 years old and have accumulated over 15 years of experience across various roles, including operations, report writing, quality management, and business development. Before the onset of COVID-19, I worked in an office environment and had a job that required travel, which I thoroughly enjoyed as it allowed me to engage face-to-face with people and discover new places. Since the pandemic, I have transitioned to working from home, where I have been compensated well. This arrangement has allowed me to spend quality time with my family, enjoy flexibility in my work schedule, and significantly reduce my commute. However, over the past 4-5 years, I have found myself increasingly disliking remote meetings. I often experience anxiety before these meetings, even when I am not directly participating. I feel a sense of relief when meetings are canceled or on days when I have none scheduled. I understand that remote work and virtual meetings are likely to be a lasting trend, and I would appreciate your guidance on how to overcome my disinterest in attending these remote team meetings. Thank you for your support.
Ans: Dear Anonymous,
Many people have disliked the 'work from home' option that involves a lot of virtual interface. But do remind yourself: What is the need of the hour? There are a lot of things that you may dislike as eating options but you do anyway knowing that they are good for health, right?
When you start obsessing over something that you don't want, it makes it bigger in your mind to tolerate and that can cause you a lot of struggle. So, why not instead find ways of dealing with the inevitable?
How can you make things better for yourself when you have virtual meets and presentations? What are the advantages/perks of doing these virtually? When you start to look at the brighter side of things, the disinterest kind of starts to fade away and it makes it easier for you to be a part of what your work demands.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Anu

Anu Krishna  |1568 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 24, 2025

Asked by Anonymous - Mar 13, 2025
I had a 2 years relationship with a girl. Last year she left me for another guy and gave him her virginity and got pregnant. After getting abortion that guy left her. Now she came back to me and talked to me for about 2 months just as friends but i loved her so much that i forgave her and accepted her and we got in relationship. But one night she told me about all her past with her 2nd boyfriend. Now i don't want to keep relationship as her past makes me shiver and i promised her for marriage but i can't get over the fact that she cheated me and lost virginity to another guy then came back and wants me to marry her. So if i am not sure of marriage should i involve in physical activities with her ( we never envolved in physical activities before ) or should i avoid doing that until i am sure of marrying her.
Ans: Dear Anonymous,
You are not even sure whether you want to accept her past with the other guy. If you have not made peace with this, why talk of marriage and indulging in physical stuff with her? It's not her this time; it's YOU!
So, take a break from this association, clear your mind space on what you want from life and a life partner. If she is the person you know that fits the description, then perhaps the past will not matter. Mere love is not enough, what you value in a relationship is in question now...so, take time to think i through and then make a decision on it.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...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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