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Ramalingam

Ramalingam Kalirajan  |6625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 23, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Disha Question by Disha on Jun 23, 2024Hindi
Money

Hi sir I am 40 YO single women earning 1.10 lacs annually. I wish to retire at 45. My savings and investments - House 75 lacs (loan of Rs 14.50 lacs) Mutual funds total 47 lacs ( SIPs ongoing Rs 25k) PPF 5.84 lacs Gold 11 lacs Car 6 lacs A land 30 lacs ( planning to construct double story for rent purpose - passive income. I want a regular income of atleast 50000/- as I don't have any such liability of parents or kids. I do donations regularly and also pay for my sister's daughter school fees around 1.5 lacs yearly at present ( will paying for another 3-4 years ) Kindly guide me

Ans: I appreciate your detailed information. Let’s dive deep into your current situation and plans, and evaluate the best strategies to ensure a comfortable and financially secure retirement by age 45.

Assessing Current Financial Status
Income and Savings Overview
Your annual income of Rs 1.10 lacs is a crucial factor. It's important to maximise savings and investments. Currently, you have several investments, including mutual funds, PPF, gold, and real estate.

Investments and Liabilities
House: Worth Rs 75 lacs with an outstanding loan of Rs 14.50 lacs.
Mutual Funds: Total of Rs 47 lacs with ongoing SIPs of Rs 25,000 monthly.
PPF: Rs 5.84 lacs.
Gold: Valued at Rs 11 lacs.
Car: Worth Rs 6 lacs.
Land: Valued at Rs 30 lacs, with plans to build a double-story house for rental income.
Expenditures and Commitments
You have regular expenses such as donations and school fees for your sister's daughter. These are commendable commitments that reflect your generosity and family support.

Strategic Financial Planning for Retirement at 45
Evaluating Retirement Goal
Your aim is to retire at 45, which is just five years away. A key part of this goal is to ensure you have a regular income of Rs 50,000 post-retirement. Let’s evaluate how your current investments and potential strategies can help achieve this.

Investments and Their Potential
Mutual Funds
Your ongoing SIPs and mutual fund investments are commendable. These are likely generating good returns, but it's important to regularly review the performance. Actively managed funds can offer better returns compared to index funds, which may not beat the market consistently.

Regularly monitoring your mutual funds with a Certified Financial Planner can help optimize your portfolio. Actively managed funds benefit from expert management, and these experts can navigate market fluctuations better than passive index funds.

PPF
Your PPF account is a secure, tax-efficient investment. It provides steady growth with government backing. Continue investing in PPF, but remember it has a lock-in period. It will be a solid part of your retirement corpus due to its reliability and tax benefits.

Gold
Gold is a good hedge against inflation. However, it doesn’t generate regular income. Consider holding onto gold as a part of your emergency fund or for long-term capital appreciation, but don’t rely on it for regular income.

Managing Real Estate
House and Loan
Your house is a significant asset. Ensure timely repayments of the Rs 14.50 lacs loan to avoid unnecessary interest. Once the loan is cleared, it will be a substantial part of your net worth.

Land Development
Constructing a double-story house on your land for rental income is a smart move. This can provide a steady passive income. However, construction costs and timeframes should be carefully planned. Ensure you have sufficient funds or financing options in place to avoid cash flow issues during construction.

Optimizing Investment Strategies
Mutual Fund Optimization
While you have substantial investments in mutual funds, it’s crucial to review your portfolio regularly. Actively managed funds should be preferred as they tend to outperform index funds due to professional management. They adjust portfolios based on market conditions, unlike index funds that passively follow market trends.

Regular vs Direct Funds
Investing through regular funds with a Certified Financial Planner can be beneficial compared to direct funds. Regular funds provide professional advice, helping you make informed decisions and manage your portfolio effectively. Direct funds might seem cost-effective, but without professional guidance, you might miss out on better opportunities or fail to manage risks properly.

Balancing Risk and Returns
Diversification is key to managing risk. Your current portfolio is diversified across various asset classes. Continue this practice but adjust the proportions as per market conditions and financial goals. For instance, you may want to reduce exposure to riskier assets as you near retirement.

Financial Discipline and Planning
Budgeting and Saving
Ensure you have a clear budget. Track your expenses meticulously. Automate your savings and investments to stay disciplined. This will help in building a substantial retirement corpus over the next five years.

Emergency Fund
Maintain an emergency fund equivalent to 6-12 months of your expenses. This fund should be easily accessible and separate from your retirement corpus. This ensures you’re prepared for any unexpected financial needs without disrupting your long-term goals.

Retirement Income Planning
Passive Income Sources
Your plan to generate rental income from the newly constructed double-story house is excellent. Ensure the property is in a desirable location to attract tenants and secure a stable income stream.

Withdrawal Strategy
Plan a withdrawal strategy from your retirement corpus. Systematic Withdrawal Plans (SWPs) from mutual funds can provide regular income. This approach ensures that your principal continues to grow while you receive regular income.

Additional Considerations
Insurance Coverage
Ensure you have adequate health and life insurance coverage. Health insurance is critical as medical costs can be significant. Life insurance will provide financial security to your dependents if any unforeseen event occurs.

Estate Planning
Consider creating a will and possibly setting up a trust. This ensures that your assets are distributed according to your wishes and can also provide tax benefits.

Monitoring and Reviewing
Regular Reviews
Regularly review your financial plan with a Certified Financial Planner. Markets and personal situations change, and your plan should be flexible enough to adapt. A CFP can provide the necessary expertise to navigate these changes effectively.

Staying Informed
Stay informed about market trends and economic changes. This knowledge can help you make informed decisions and adjust your financial strategies accordingly.

Final Insights
Retiring at 45 is an ambitious yet achievable goal with disciplined financial planning and strategic investments. Your current investments in mutual funds, PPF, and gold provide a strong foundation. However, optimizing your mutual fund portfolio with actively managed funds and professional guidance can yield better returns.

Constructing a rental property is a smart move for passive income, but ensure it’s well-planned financially. Regularly review your investment strategy and stay disciplined with your savings and expenses. With proper planning and execution, you can achieve financial independence and enjoy a comfortable retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
Asked on - Jul 08, 2024 | Answered on Jul 09, 2024
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Dear sir thanks for the insight I am a PSB employee so I will be getting gratuity while leaving the and NPS which stands at 24 lacs at present.( After 12 yrs service? How should I invest that funds to in a managed financial situation at 45.
Ans: When you leave at 45 with Rs. 24 lakhs in NPS and gratuity, follow these steps:

Diversify Investments: Allocate funds to a mix of equity and debt mutual funds. Equity for growth, debt for stability.

SIP Strategy: Start SIPs in mutual funds to ensure disciplined investing and benefit from rupee cost averaging.

Emergency Fund: Set aside 6-12 months' expenses in a liquid fund for emergencies.

Gratuity Utilization: Use gratuity for immediate needs or invest in low-risk instruments.

Periodic Review: Regularly review and adjust your portfolio with a Certified Financial Planner to align with goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
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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Ramalingam Kalirajan  |6625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 21, 2024

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I am 43 year old, Govt job employee. I have in my PF 70 L, NPS monthly investment 6K from 2023, SSY 1.5 L yearly from 2018, MF investment SIP PPFCF DG -3K monthly with step up after every six months 2K, HDFC Hybrid Equity Fund DPG- SIP-2K, Bandhan MAAF DG SIP- 3K, SGB -1.5L, have Plot 1800sqf in hometown. I want to retire next 8 to 10 years. I want monthly income 1.5 L. Suggest pls
Ans: Assessment of Your Current Financial Position
You have a solid foundation with a mix of investments. Your PF, NPS, SSY, mutual funds, and SGBs are all diversified, which is good. However, achieving a monthly income of Rs 1.5 lakh post-retirement in 8 to 10 years requires a strategic plan.

Evaluating Your Existing Investments
Provident Fund (PF):

Rs 70 lakh is a significant corpus.
It will provide stability in your retirement portfolio.
National Pension Scheme (NPS):

Your Rs 6,000 monthly contribution since 2023 is a good start.
NPS provides tax benefits and a steady retirement income.
Sukanya Samriddhi Yojana (SSY):

Investing Rs 1.5 lakh yearly since 2018 ensures good returns for your daughter’s future.
SSY is a safe, government-backed scheme.
Mutual Funds:

SIPs in PPFCF DG, HDFC Hybrid Equity Fund, and Bandhan MAAF DG are smart choices.
Step-up strategy in PPFCF DG every six months increases your investment gradually, which is commendable.
Sovereign Gold Bonds (SGBs):

SGBs add a hedge against inflation in your portfolio.
The Rs 1.5 lakh investment in SGBs is wise for long-term growth.
Plot in Hometown:

The 1800 sq ft plot adds value to your overall asset base.
It’s a tangible asset that can appreciate over time.
Steps to Achieve Rs 1.5 Lakh Monthly Income Post-Retirement
1. Increase Mutual Fund SIPs:

Gradually increase your SIPs to accumulate a larger corpus.
Focus on diversified and equity-oriented mutual funds for long-term growth.
Avoid index funds due to their passive nature; actively managed funds tend to outperform in the long run.
2. Boost NPS Contributions:

Increase your NPS contribution if possible.
NPS has the potential for high returns due to its exposure to equity, which can help build a significant corpus.
3. Consider Regular Mutual Funds:

Investing through a Mutual Fund Distributor (MFD) with a CFP credential provides better guidance.
Regular funds come with professional advice, which can optimize your returns.
4. Enhance Retirement Corpus:

You can explore additional investment options like debt mutual funds or balanced advantage funds.
These funds offer a balance between risk and reward, helping you build a substantial corpus without high risk.
5. Utilize SGBs Wisely:

Continue holding SGBs for long-term capital appreciation.
The interest from SGBs can be a steady source of income during retirement.
6. Strategy for Your Plot:

You can consider selling or leasing the plot in the future to add to your retirement corpus.
Alternatively, if it appreciates significantly, it can serve as a backup financial resource.
Post-Retirement Strategy
1. Systematic Withdrawal Plan (SWP):

Post-retirement, convert your mutual fund corpus into a Systematic Withdrawal Plan (SWP).
SWP will provide you with a regular monthly income, aligning with your Rs 1.5 lakh requirement.
2. Annuities from NPS:

Upon retirement, utilize the NPS corpus to purchase annuities.
This will provide a fixed monthly pension, supplementing your income.
3. PF as a Safety Net:

Your PF can act as a reserve fund.
Use it for any large, unplanned expenses during retirement.
Finally
You’re on the right track with a diversified portfolio. With disciplined investing, increasing your SIPs, and strategically planning your retirement corpus, you can comfortably achieve your goal of Rs 1.5 lakh monthly income post-retirement.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 30, 2024

Money
Good evening sir Ashok here I am 48 with two kids one 15 yrs and other 1.5 yrs. Doing business but I would like to retire. I have fd of 4.3 cr which quaternary pay out and I invested in form of fd in my account and 4 sisters of around 4 cr in which I'm the joint account holder and all the account are handled by be mutual fund around 50 lk Shares around 1cr in different account Real estate investment around 5cr which is fetching 80 k rent per month loan of around 50k.good running business but still I am some were not satisfied in life please suggest I
Ans: Hello Ashok,

I understand you’re feeling some dissatisfaction despite your successful business and sound investments. Let's assess your financial situation and develop a strategy to secure a fulfilling and comfortable retirement. I'll guide you step-by-step, considering all aspects of your financial portfolio.

Current Financial Landscape
You have various investments and assets that provide a strong financial foundation. Here's a summary:

Fixed Deposits: Rs 4.3 crore in your name, with quarterly payouts.
Joint Fixed Deposits: Rs 4 crore with your sisters.
Mutual Funds: Rs 50 lakh.
Shares: Rs 1 crore.
Real Estate: Rs 5 crore, generating Rs 80,000 in monthly rent.
Loan: Rs 50,000.
Assessing Financial Goals
First, let’s identify your key financial goals and priorities:

Retirement Security: Ensure a steady income stream.
Children’s Future: Secure funds for education and other needs.
Health and Lifestyle: Maintain a good quality of life.
Financial Freedom: Free from business stress and active management.

You’ve done an excellent job building a diversified portfolio. Your investments in real estate, shares, mutual funds, and fixed deposits are commendable. Managing such a broad spectrum of assets shows your financial acumen and dedication.


I understand your desire to retire and the dissatisfaction you might be feeling. It’s normal to seek more peace and fulfillment, especially after years of hard work. Let’s work towards creating a plan that not only secures your financial future but also brings you peace of mind and satisfaction.

Income Streams and Retirement Planning
Your current income streams include:

Fixed Deposits: Regular interest payouts.
Real Estate: Rental income.
Business: Profits from your business.
To ensure a steady and reliable income during retirement, consider these steps:

1. Optimize Fixed Deposits
Reevaluate the interest rates on your fixed deposits. Ensure you’re getting the best possible rates. Since interest rates can vary, consider reinvesting in higher-yield fixed deposits when possible.

2. Mutual Fund Investments
With Rs 50 lakh in mutual funds, it’s crucial to review your portfolio. Actively managed funds often outperform index funds due to professional management. A Certified Financial Planner (CFP) can help you optimize your mutual fund investments.

Advantages of Actively Managed Funds:

Professional management and expertise.
Potential for higher returns.
Better risk management.
3. Shares and Equity Investments
Your Rs 1 crore in shares should be regularly reviewed and rebalanced. Consider consulting a CFP for insights into which stocks to hold, sell, or buy. Diversifying across different sectors can mitigate risks and enhance returns.

4. Rental Income from Real Estate
Your real estate investments provide a steady rental income of Rs 80,000 per month. Ensure you have a robust property management plan in place to maintain this income stream. Regularly review rental agreements and property maintenance to avoid any disruptions in income.

Debt Management
You have a loan of Rs 50,000, which is relatively small. Ensure timely repayments to maintain a good credit score. Avoid taking on additional debt as you approach retirement to keep financial stress at bay.

Children's Future Planning
With two children, aged 15 and 1.5 years, securing their future is paramount. Here’s how you can plan for their education and other needs:

1. Education Fund
Start by estimating the future costs of education for both children. Consider inflation and rising education costs. Investing in dedicated education savings plans or mutual funds can help you accumulate the necessary corpus over time.

2. Insurance and Protection
Ensure you have adequate life and health insurance coverage. This will safeguard your family’s financial future in case of unforeseen circumstances. Review your existing policies and make necessary adjustments.

Health and Lifestyle Considerations
A good quality of life during retirement is essential. Consider the following aspects:

1. Health Insurance
Ensure you have comprehensive health insurance coverage. Medical expenses can be a significant burden during retirement. A good health insurance policy will cover major medical expenses, reducing financial stress.

2. Lifestyle Planning
Think about how you want to spend your retirement years. Whether it's traveling, hobbies, or spending time with family, plan your finances to support these activities. Having a clear vision of your desired lifestyle will help you allocate funds appropriately.

Financial Freedom and Peace of Mind
Transitioning from an active business life to retirement requires careful planning. Here are some steps to achieve financial freedom and peace of mind:

1. Succession Planning
If your business is doing well, consider succession planning. This involves identifying and preparing a successor to take over the business. You can gradually reduce your involvement while ensuring the business continues to thrive.

2. Passive Income Streams
Focus on building passive income streams that require minimal active management. Your rental income and fixed deposit interest are good examples. Explore other avenues like dividends from shares or interest from bonds.

Final Insights
Retirement planning is a multi-faceted process that requires careful consideration of various aspects of your financial life. Here’s a summary of key points to ensure a fulfilling and secure retirement:

Review and Optimize Investments: Regularly review your portfolio with a CFP to ensure it aligns with your goals.
Ensure Steady Income: Focus on building and maintaining passive income streams.
Plan for Children’s Future: Secure their education and other needs through dedicated investments.
Manage Health and Lifestyle: Ensure adequate insurance coverage and plan for a desired lifestyle.
Achieve Financial Freedom: Gradually transition out of active business life through succession planning and building passive income.
By following these steps, you can create a comprehensive retirement plan that not only secures your financial future but also brings you peace of mind and satisfaction. Remember, retirement is not just about financial security but also about enjoying the fruits of your hard work.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 10, 2024

Asked by Anonymous - Jul 10, 2024Hindi
Money
Hello Sir, I am 38 yeras old,leaving in bhubaneswar with monyhly rent of 7000, i have 2 kids,1 is in UKG and small 1 is 6 month old. I have 30 lakhs in PPF, 30 lakhs in FD,monthly SIP 25000, and i have done helath insurance of 5 lakhs for my family,term insurance 50 lakhs, LIC and PLI premium paid 20 lakhs, Plz guide me, i want to retire at the age of 50, My monthly income is 70000 Plz guide me
Ans: I’m glad you reached out for advice. Let's break down your situation and explore the best strategies for achieving your goal of retiring at 50.

Understanding Your Current Financial Position
You have a strong foundation to build on. Here’s a summary:

Monthly income: Rs 70,000
Monthly rent: Rs 7,000
Monthly SIP: Rs 25,000
PPF: Rs 30 lakhs
FD: Rs 30 lakhs
Health insurance: Rs 5 lakhs
Term insurance: Rs 50 lakhs
LIC and PLI premium paid: Rs 20 lakhs
2 kids (one in UKG, one 6 months old)
You’re managing well and investing actively, which is commendable.

Evaluating Your Investments
Your investments are diversified across different instruments. Let’s evaluate each one:

Public Provident Fund (PPF)
PPF is a safe investment with tax benefits. However, the returns are relatively low compared to other investment options. It's a good foundation but should be complemented with other high-return investments.

Fixed Deposits (FD)
FDs are low-risk but offer limited growth. They are excellent for safety but not ideal for wealth creation. It's crucial to diversify beyond FDs for higher returns.

Mutual Funds
Your monthly SIP of Rs 25,000 in mutual funds is a great step. Mutual funds offer potential for high returns through various categories:

Equity Funds: These funds invest in stocks and have high growth potential but come with higher risk.
Debt Funds: These invest in bonds and are safer but with moderate returns.
Balanced Funds: A mix of equity and debt, offering balanced risk and return.
Health and Term Insurance
Your health insurance cover of Rs 5 lakhs for the family is essential. Term insurance of Rs 50 lakhs ensures financial security for your family in case of an unfortunate event.

Recommended Strategies for Retirement at 50
Achieving retirement at 50 requires a focused and strategic approach. Here’s a comprehensive plan:

Increase SIP Investments
Consider increasing your SIP amount gradually. Mutual funds, especially equity funds, have the potential for significant growth due to the power of compounding.

Review and Realign Insurance Policies
If you hold LIC or PLI policies, evaluate their returns. Insurance-cum-investment plans often offer lower returns compared to pure investment plans. Surrender low-yield policies and reinvest the amount into mutual funds.

Diversify Your Portfolio
Diversification is crucial for balancing risk and return. Here are some categories to consider:

Large-Cap Funds: Invest in well-established companies. These are less volatile and offer stable returns.
Mid-Cap and Small-Cap Funds: Invest in growing companies. These can offer higher returns but come with higher risk.
International Funds: Exposure to global markets can provide growth opportunities and diversification.
Emergency Fund
Maintain an emergency fund equivalent to 6-12 months of expenses. This can be in a liquid fund or savings account for easy access.

Power of Compounding
The power of compounding works best with time and consistent investments. Starting early and staying invested in mutual funds can significantly grow your wealth.

Long-Term Growth
Equity mutual funds are ideal for long-term growth. Despite market volatility, historical data shows that long-term equity investments can offer substantial returns.

Risk Management
Balancing risk is key. Your current portfolio has a good mix of safe and growth-oriented investments. As you approach retirement, gradually shift towards safer investments to preserve capital.

Regular Portfolio Review
Regularly reviewing and rebalancing your portfolio ensures alignment with your financial goals. A Certified Financial Planner can help in making informed decisions.

Kids' Education and Future Needs
Plan for your kids' education and future expenses. Consider investing in child-specific plans or education funds that grow with your child’s needs.

Focused Education Planning
Start an education SIP specifically for your kids. Education costs are rising, and early planning can ease future financial burdens.

Retirement Corpus Calculation
Determine the retirement corpus required to maintain your lifestyle post-retirement. Factor in inflation, healthcare costs, and other expenses.

Assessing Monthly Needs
Calculate your monthly expenses post-retirement, aiming for a corpus that supports these expenses without depleting your savings too quickly.

Health Insurance Enhancement
Consider enhancing your health insurance cover as medical costs are rising. A top-up policy can provide additional coverage without a high premium.

Comprehensive Coverage
Review your health insurance to ensure it covers all critical aspects, including hospitalisation, surgeries, and chronic illnesses.

Importance of Estate Planning
Create a will to ensure your assets are distributed according to your wishes. Estate planning provides peace of mind and security for your family.

Legal Assistance
Consult a legal expert to draft a will and manage your estate planning effectively. This ensures your wealth is passed on smoothly.

Tax Efficiency
Invest in tax-efficient instruments to maximise returns. Utilise all available deductions and exemptions to reduce taxable income.

Tax-Saving Investments
Explore options like ELSS (Equity Linked Savings Scheme) for tax benefits under Section 80C while gaining equity exposure.

Avoiding Common Pitfalls
Avoid common investment mistakes like chasing high returns without assessing risk, ignoring inflation, and not reviewing your portfolio regularly.

Long-Term Perspective
Maintain a long-term perspective with your investments. Short-term market fluctuations should not deter your investment strategy.

Role of Certified Financial Planner
A Certified Financial Planner can provide personalised advice, considering your unique financial situation and goals. They help in creating a holistic financial plan.

Expert Guidance
Seek expert guidance to navigate complex financial decisions. A CFP ensures your investments align with your retirement goals.

Final Insights
You have a solid financial foundation. By enhancing your investments, managing risks, and planning meticulously, you can achieve your goal of retiring at 50.

Stay focused, review your investments regularly, and make informed decisions. Financial discipline and a strategic approach will lead you to a comfortable and secure retirement.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6625 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 03, 2024

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Good morning sir My self Erla srinivas age 50 years working in pharmaceutical company Having own flat in Hyderabad and no loans. Tax payer. My only one child is studying 9th standard EPF 20 lacs and having 5 Open plots Kindly suggest me after retirement fixed monthly income Regards Srinivas
Ans: Financial Assessment

Your financial situation looks good overall. Well done!
You have a stable job and own property. That's great.
Having no loans is excellent for financial health.

Current Assets

EPF savings of Rs. 20 lakhs is a good start.
Five open plots provide some diversification.
Owning a flat in Hyderabad adds to your assets.

Retirement Planning

We need to plan for steady income after retirement.
Your EPF and property can be part of this plan.
We should look at other investment options too.

Investment Strategy

Mutual funds can be a good choice for you.
They offer better liquidity than land plots.
Professional fund managers handle the investments.

Disadvantages of Plot Investments

Plots can be hard to sell quickly.
They need maintenance and may have legal issues.
Returns depend on location and market conditions.

Advantages of Mutual Funds

Easy to buy and sell units.
Professional management of your money.
Diversification across many stocks or bonds.
Regular income options are available.

Action Steps

Review your current expenses and future needs.
Start investing in mutual funds for retirement.
Consider selling some plots for more liquid assets.
Speak with a Certified Financial Planner for personalized advice.

Finally

Your financial base is strong. Good job!
With some changes, you can have a secure retirement.
Start planning now for a comfortable financial future.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

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Anu Krishna  |1201 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 15, 2024

Asked by Anonymous - Oct 07, 2024Hindi
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Relationship
Mam i am a 52 year ols women i have never had a secure relationship only who wanted to have s.Marriage in proposals too dint work for me. At late 40 age i met a guy it was all good till start 1 year but since 3 years we just fight my fault to as i have no family no friends and all i have to look after 2 aged parents and i am deep involved my life is just that. This relationship is good to talk on phone as all i do is talk my problems 24 by 7 365 days which i understands upsets him. But i see no effort too from him for meeting planning dates and if i do i pay for it all he never pays . I lost interest felt disappointed after going on saying he never tries to make plans talk future his family finance. I am not sure what i should do stay or live my life alone which i was always doing.
Ans: Dear Anonymous,
Start fresh and if you had a clean slate, what would you want to draw on it?
All your miseries or what you actually want from life?
When you meet someone new and you dump your set of issues on them, how exactly do you think they are going to be interested in taking you out on a date?
Your prospective life partner is not a dumping yard for your life's problems BUT a person that is going to marry you and support you and who you can trust. And will you start this relationship by actually talking only about your problems? Honestly, you need to ask yourself if you will be interested in a guy who keeps ranting about all things going wrong...
Establish a connection by being on a positive ground and showing the other person that you care and also are interested in knowing about them. This interest will let them lower their guard down and actually connect with you at an emotional level and then you can pursue this as a potential life partner association...somewhere down the line, they will be genuinely interested in being a part of your challenges and that's when you make them your strength to solve these challenges. Am I making sense to you?
Do you see how you have been sabotaging your own future? Dust yourself, become genuinely interested in people not to dump your problems on them but to make a genuine connection and watch how things change for you. Prioritize your life not your problems!

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

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Anu Krishna  |1201 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 15, 2024

Relationship
Hi, I am a 36yo guy. Married and have 2 beautiful kids. I am a naturally happy person in life and have achieved reasonable success through my hard work. From last 3 years i am in love with a married girl who works at an office near my workplace. We two believe that we are best suited for each other in every aspect i.e. mental, emotional and physical. We share a great chemistry that we never felt with our respective spouses. We decided that we both cant leave our spouses because of our kids. But very often she keeps on getting crazy and tortures and taunts me that i love my wife more and doesnt give value to her. She is mostly unhappy about this in her life and many times abuses me when she sees that i am a naturally happy and content person. I have even told her that if she wants we can take divorce from our spouses and move-in together. But she never accepts that also and keeps on making my life hard. But i do believe that we both love each other like crazy and my sexual life with her is just out of this world. I have a very high libido and she satisfies me like no other girl. My question is how can i make her sane and make her trust me that i am more inclined towards her?
Ans: Dear Avinash,
I am sure by now you realize that having parallel lives is not easy. Maybe you are at that stage where a decision must be made...
You owe at least that much to your respective spouses who have nothing to do this life of yours...

The lady in question wants the cake and wants to eat it too...obviously she needs to see that if she wants her marriage, then you are going to keep your marriage as well and with that all the insecurities that arise must also be accepted as this is something that the two of you got into willingly...did she not know that a relationship outside of marriage comes with its set of challenges like insecurities, doubts, fears, instability and more? I guess it's not about you making her sane and trust you BUT for the two fo you to come to some sort of a decision on where all this is leading?

Again, I say this...leading two lives in parallel ain't easy; especially on an emotional level!

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

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Anu

Anu Krishna  |1201 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 15, 2024

Asked by Anonymous - Oct 01, 2024
Relationship
Hi Anu, I have been reading since long the advices you give to others expecting that there can be an identical issue which i am suffering, i am 48yrs and my wife 42yrs married for 22yrs & having grown up children, over period of time my wife has become more dominating expecting me to listen and follow everything what she says, everything was going fine for until last six years when she was following me as a dutiful wife, since last 6-7yrs she is disinterested in sex also, i sit and speak with her trying to address all the issues, but things get back to ZERO within days, she has turned very short tempered and egoistic, shouting and using foul language in rage at times, we both are highly educated and give lectures at college with limited reasonable income, the problem is she compares her life to others and disturbs our life, ours is a marriage against parents so both the side relatives are little indifferent and we are not extroverts or that persons who are outgoing to change all that, we just lead our life within ourselves and try to help the relatives whenever they come to us. My question is that is it not cruel for a wife to deprive the husband of sex and develop unreasonable expectations comparing the lifestyles of others. when at peace my wife suggests that i can look outside for sex and she is ok with it but i don't believe in it and in her words, at times in rage she keeps asking for divorce uttering foul language, i keep reminding her that emotions, anger and rage shall only aggravate the issues we should know what we actually want and seek it speaking to each other, i feel that my wife doesn't know what she wants from herself or from me or from life, Anu, Is this all that pre-menopause frustrations which is building up or is it some mental issues which are surfacing due to negligence from me or our relatives? Please suggest? Thank you
Ans: Dear Anonymous,
Let's understand it in 3 ways..

1) Whether your wife is in pre-menopause or perimenopause or menopause stage can be determined only by a doctor. A lot of material floats on the internet convincing people of one over the other BUT it's important to get it validated by a doctor that will help your wife understand what is going on with her body and how it impacts her mind...

2) It is also possible that the current sex routine maybe boring to her and infusing it with some spice can get things going? So, think out of the box here...

3) Also, you might want to think if the emotional bond between the two of you has broken down; women respond to sex easier when they feel emotionally connected and safe with their man...

What will be useful in your situation is: to reconnect with her and aim to connect with her emotionally. This will help her in conveying to you what might be the problem and then it gets easier to solve it or take necessary steps...

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

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Milind

Milind Vadjikar  |418 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 15, 2024

Milind

Milind Vadjikar  |418 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 15, 2024

Milind

Milind Vadjikar  |418 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 15, 2024

Asked by Anonymous - Oct 15, 2024Hindi
Listen
Money
Hi Milind I am 52 years old single woman, from small town and who has worked hard ro reach to level in corporate with good salary. I have a corpus of about 5 crores and small flat in tier 2 town. I dont enjoy yhis new job wirh reputed brand and at a senior level as i dont find ut engaging or doing justice to role. My parents are old and i worry for rhem ans want to spent rkmw with them. With this corpus can i take a call to leave job and get decent income of atleast 2-2.5 lac a month. I have been quite action oriented, but now my mind and body feel exhasuted and also fear rhat without a job i will become lazy. Also living with parents will be a joy, at the same time resteictive to eating or socializing. I am quite concious ,if i leave this well paying ,senior role job with a big renonwed corporate which many of my friends aspired for and whole lot of people congratulated me ,they will think i was not able to justify my role,hence left . I dont want that impression at last stage of career as whole life i have been seen as hard working ,passionate professional. Such rhoughts are taking toll on my mental health. Please advise what should be done
Ans: Hello;

With the corpus that you have (5 Cr) you may buy an immediate annuity from a life insurance company and can expect to receive monthly payout of 2.5 L (pre tax)from the very next month. 6% annuity rate considered, if you shop around and negotiate you may get a better rate.

You can opt for increasing annuity to account for inflation and return of purchase price to your nominee, after you.

Ensure good health insurance policy to cover yourself and your parents.

Think about some vocation which you would like to pursue passionately after retirement.

You are seeking retirement from regular 9 to 5 job not from pursuit of your passion/goals.

It could be in the role of an consultant, counselor or educator.

You should take the decision which you feel is appropriate for you irrespective of what people comment because they will comment in any case.

Learn to ignore such people.

Happy Retirement!!

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Milind

Milind Vadjikar  |418 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 15, 2024

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