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Ramalingam Kalirajan  |3722 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 21, 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
Asked by Anonymous - May 14, 2024Hindi

I am 46 and Wife 45, together earns 1Cr/Year and No liabilities so far, Started investing in SIP around 2L / Month since a year . We have 3 homes in Bangalore Rental Income of around 70K/Month, one home we are staying. At present Our PF value is around 1.1Cr (together ), Mutual fund so far around 75L. If we continue same investment until 55 years , any idea what would be our retirement asset? Do I need to plan anything beyond?

Ans: Let me start by commending you both on your prudent financial decisions and disciplined approach towards investments. It's evident that you're well-positioned to achieve your retirement goals with your current financial trajectory.

Assessing Your Current Financial Status

At 46 and 45 years of age, earning a combined income of ?1 crore per year without any liabilities is indeed commendable. Additionally, your diverse investment portfolio comprising SIPs, rental income from properties, and substantial savings in PF and mutual funds reflects a balanced approach to wealth accumulation.

Evaluating Retirement Assets

With your current SIP investments of ?2 lakh per month and assuming a continued investment until the age of 55, it's essential to assess the potential growth of your retirement assets. Alongside your existing assets in PF and mutual funds, your rental income from properties adds to your retirement corpus.

Analyzing Investment Strategy

Your decision to invest primarily through SIPs demonstrates a disciplined savings approach, leveraging the power of compounding over the long term. However, it's crucial to periodically review your investment strategy to ensure alignment with your retirement goals and risk tolerance.

Forecasting Retirement Corpus

While it's challenging to provide an exact figure without detailed calculations, based on your current investment trajectory and assuming a reasonable rate of return on your investments, it's likely that your retirement assets would significantly grow by the age of 55.

Planning Beyond Retirement

While your current financial situation appears robust, it's prudent to consider additional aspects to enhance your retirement planning:

Healthcare Costs: Factor in potential healthcare expenses post-retirement and consider investing in health insurance plans to mitigate financial risks associated with medical emergencies.

Estate Planning: Review your estate planning strategies, including wills and trusts, to ensure seamless transfer of assets to your heirs and minimize tax liabilities.

Lifestyle Expenses: Evaluate your desired lifestyle post-retirement and estimate the expenses required to maintain your standard of living. Consider allocating additional funds towards leisure activities and travel, if desired.

Final Words

As Certified Financial Planners, our goal is to empower you with the knowledge and strategies needed to achieve your retirement objectives. With your disciplined savings habits and diversified investment portfolio, you're well-positioned to enjoy a comfortable and secure retirement.

Warm Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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  |3722 Answers  |Ask -

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

Asked by Anonymous - May 23, 2024Hindi
I am 47 yrs. The present valuation of my MF investment is 53 lakhs and I put in 50k monthly in SIPs. What will be the corpus at my retirement? Apart from this I have a loan free house in Gurgaon. I live in my owned house for which I am paying an EMI of 93k and an outstanding loan of 89lakhs pending against it. I have two term insurance of 99lkhs and 1.5cr. My PPF corpus is 20lakhs and will be maturing in2026. EPF corpus is 3 lakhs with 7000 monthly contribution. I have a son who's will be graduating from school next year.Is my investment plan on track?
Ans: Evaluating Your Investment Plan and Retirement Corpus

You have done a commendable job in planning your finances. Your disciplined approach to SIP investments and maintaining term insurance shows financial prudence.

Current Financial Situation
Mutual Fund Investments
Present Value: Rs. 53 lakhs
SIP: Rs. 50,000 monthly
Real Estate
Loan-free house in Gurgaon
Own house with an EMI of Rs. 93,000
Outstanding loan: Rs. 89 lakhs
Insurance and Provident Funds
Term Insurance: Rs. 99 lakhs and Rs. 1.5 crores
PPF Corpus: Rs. 20 lakhs (maturing in 2026)
EPF Corpus: Rs. 3 lakhs with a monthly contribution of Rs. 7,000
Future Financial Goals
Son’s Education
Your son will be graduating from school next year. Planning for higher education expenses is crucial.

Retirement Planning
You are 47 years old and need to estimate the retirement corpus based on your current investments and contributions.

Estimating Retirement Corpus
Mutual Fund Corpus at Retirement
Assuming an average annual return of 12% on your mutual fund investments:

Current Value: Rs. 53 lakhs
Monthly SIP: Rs. 50,000
Investment Period: 13 years (till age 60)
Using the compound interest formula and considering SIP contributions, the estimated corpus at retirement can be calculated.

PPF Maturity
Your PPF corpus of Rs. 20 lakhs will mature in 2026. Assuming no further contributions, it will be available for reinvestment or expenses.

EPF Corpus
Your EPF contributions and corpus will continue to grow. Assuming an average annual return of 8%, it will add to your retirement corpus.

Managing Existing Loans
Home Loan EMI
You have an outstanding loan of Rs. 89 lakhs with an EMI of Rs. 93,000. Reducing this liability should be a priority to enhance your cash flow.

Prepayment Strategy
Consider prepaying your home loan with any surplus funds or bonuses. This will reduce the interest burden and EMI amount.

Insurance Adequacy
Term Insurance
You have adequate term insurance coverage. Ensure the coverage amount remains sufficient to meet your family’s needs in your absence.

Health Insurance
Review your health insurance coverage. Ensure it is adequate to cover medical emergencies and rising healthcare costs.

Investment Strategy Review
Ensure your investments are diversified across different asset classes to manage risk effectively.

Mutual Fund Portfolio
Review your mutual fund portfolio periodically. Consult a Certified Financial Planner to ensure your funds align with your risk profile and financial goals.

Planning for Son’s Education
Education Fund
Start a dedicated education fund for your son. Consider investing in balanced or hybrid funds to manage risk while aiming for growth.

SIP for Education
Continue SIPs specifically earmarked for your son’s higher education. This will help in accumulating the required corpus systematically.

Tax Planning
Efficient Tax Strategies
Utilize tax-saving investment options to maximize returns. Proper tax planning can significantly enhance your overall portfolio performance.

Professional Guidance
Certified Financial Planner (CFP)
Consult a Certified Financial Planner for personalized advice. They can help you navigate complex financial decisions and achieve your long-term goals.

Your investment plan is on the right track. Continue with disciplined investing, manage your loans, and consult a professional for tailored advice. With strategic planning, you can achieve a comfortable retirement and secure your family’s future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


..Read more


Ramalingam Kalirajan  |3722 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 06, 2024

Asked by Anonymous - Jun 01, 2024Hindi
Hi, I am a 44 year old IT professional, married with no kids, and I'm planning to retire from active work by 46 (with an option to pick up some freelance engagements). Few basic information are as below: 1. 3 houses paid for, worth approx INR 5.5 Cr 2. Cumulative FD worth INR 2 Cr, split between myself & spouse 3. NPS worth INR 13 lakhs 4. MF portfolio worth approx INR 40 lakhs 5. Medical insurance with a cumulative coverage of INR 1.5 Cr, for self & spouse. 6. Parents are not financially dependent on me. 7. Current monthly expenses are around INR 1.5 lakh. 8. Annual holiday pegged at INR 20 lakhs 9. No rental yield from the houses, as they're self occupied I will continue to save/invest approx INR 6.5 lakh per month till my retirement date, which is tentatively set for mid 2026. My questions are as below: 1. Assuming I have a net savings/investment of INR 4 Cr, along with the 3 houses, will it lead to a sufficient retirement corpus. 2. If I need to continue living a similar lifestyle, how much will I need as a corpus. Thanks in advance.
Ans: Retirement planning is crucial, especially when you're aiming to retire early and maintain a comfortable lifestyle. Let's delve into a comprehensive analysis of your financial situation and create a strategy to ensure a secure and enjoyable retirement.

Understanding Your Current Financial Situation
Assets and Investments

Three Houses: Worth approximately Rs. 5.5 crore. These are self-occupied and provide no rental income.
Fixed Deposits: Totaling Rs. 2 crore, split between you and your spouse.
National Pension System (NPS): Worth Rs. 13 lakh.
Mutual Fund Portfolio: Valued at around Rs. 40 lakh.
Medical Insurance: Coverage of Rs. 1.5 crore for you and your spouse.
Current Expenses

Monthly Expenses: Rs. 1.5 lakh.
Annual Holiday Expenses: Rs. 20 lakh.
Savings and Investments Until Retirement

You will save and invest Rs. 6.5 lakh per month until mid-2026.
Evaluating Your Retirement Corpus Requirements
Estimation of Required Corpus

To estimate your retirement corpus, we need to consider your current expenses, inflation, and your expected lifespan. Let's break this down step by step.

Monthly Expenses: Rs. 1.5 lakh.
Annual Expenses: Rs. 1.5 lakh x 12 = Rs. 18 lakh.
Annual Holiday Expenses: Rs. 20 lakh.
Total Annual Expenses: Rs. 18 lakh + Rs. 20 lakh = Rs. 38 lakh.
Accounting for Inflation
Inflation reduces the purchasing power of money over time. Assuming an average inflation rate of 6% per annum, we need to estimate your future expenses.

Calculating Future Expenses
You are currently 44 and plan to retire at 46. Let's assume you live till 85, giving us a retirement period of 39 years.

Future Value of Annual Expenses: Rs. 38 lakh will increase due to inflation.

So, your annual expenses at the start of retirement will be approximately Rs. 42.7 lakh.

Total Corpus Required
To maintain a similar lifestyle throughout your retirement, we need to calculate the corpus required to support these expenses, adjusted for inflation over 39 years.

Considering Withdrawal Rate
A common rule of thumb is the 4% withdrawal rate, which suggests you can withdraw 4% of your retirement corpus annually without depleting it prematurely.

Corpus Required for First Year Expenses:

you need approximately Rs. 10.67 crore at the start of your retirement.

Analyzing the Gap
Required Corpus: Rs. 10.67 crore.

Projected Corpus by Retirement: Rs. 4.48 crore.

Gap: Rs. 10.67 crore - Rs. 4.48 crore ≈ Rs. 6.19 crore.

Strategies to Bridge the Gap
Optimizing Investments

Reallocate Assets: Shift some FD and mutual funds into higher growth options like equity mutual funds. This can potentially provide higher returns.

Increase Savings Rate: If possible, increase your monthly savings rate.

Extend Retirement Date: Consider extending your retirement by a few years to accumulate a larger corpus.

Detailed Investment Strategies

Equity Mutual Funds
Investing in equity mutual funds offers growth potential. These funds can provide returns that beat inflation over the long term. Focus on large-cap and diversified equity funds to manage risk.

Hybrid Mutual Funds
Hybrid funds offer a balanced approach, combining equity and debt. They provide growth with reduced volatility. These can be a good addition to your portfolio for stability and growth.

Debt Mutual Funds
Debt funds are less volatile and provide stable returns. They are suitable for preserving capital and generating regular income. Include a mix of short-term and medium-term debt funds.

National Pension System (NPS)
Continue contributing to NPS. It offers tax benefits and market-linked returns. At retirement, use a portion for annuities and withdraw the rest.

Realign Fixed Deposits
Consider moving a portion of your fixed deposits to mutual funds or other growth-oriented investments. FDs offer safety but lower returns compared to mutual funds.

Medical Insurance Coverage
Your medical insurance coverage of Rs. 1.5 crore is sufficient. Ensure it continues post-retirement. Consider adding top-up plans if needed.

Regular Review and Rebalancing
Regularly review your investment portfolio. Rebalance it to maintain the desired asset allocation. Adjust based on market conditions and your financial goals.

Risk Management
Emergency Fund

Maintain an emergency fund equivalent to 6-12 months of expenses. This ensures liquidity for unforeseen expenses.


Diversify your investments across asset classes to reduce risk. Avoid putting all your money in one type of investment.

Monitoring Expenses
Track Expenses

Keep track of your expenses. Adjust your budget if needed to ensure you stay within your retirement income.

Manage Lifestyle Inflation

Be cautious of lifestyle inflation. As your income grows, avoid unnecessary expenses that can erode your savings.

Tax Planning
Tax-Efficient Withdrawals

Plan your withdrawals to minimize tax liability. Use systematic withdrawal plans (SWP) from mutual funds for regular income.

Utilize Tax Benefits

Take advantage of tax-saving investments under Section 80C, 80D, and other applicable sections. This reduces your taxable income.

Freelance Engagements
Consider freelance work post-retirement. It can provide additional income and keep you engaged. This can reduce the pressure on your retirement corpus.

Retirement planning requires careful analysis and strategy. With your current savings and planned investments, you're on the right track. By optimizing your investments, increasing savings, and managing expenses, you can build a sufficient retirement corpus.

Ensure regular review and rebalancing of your portfolio. Work with a Certified Financial Planner (CFP) to tailor your strategy and achieve your retirement goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


..Read more

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Nayagam P P  |349 Answers  |Ask -

Career Counsellor - Answered on Jun 14, 2024

Asked by Anonymous - Apr 13, 2024Hindi
Dear sir my son is srm ap in btech CSE 3 Rd year how to get placement
Ans: Some important steps to get placed in Campus Recruitment: (1) To keep his PROFESSIONAL Resume Ready now itself, covering all his achievements including Certifications (hope he would have done some both offline and online from NPTEL, Internshala, LinkedIn, Coursera etc. (2) He should still continue do online Certificate short-term courses, relevant to his domain (3) Should have a Professional LinkedIn Profile. If already has, fine-tune by updating it (4) Should get connected to Professionals in same domain. (Not to ask for jobs). If the Recruiters / Employers expectation meets your son's profile, they will be in touch with him (5) To put job alerts, related to his domain / certifications / skills to know the current market scenario / employers' expectations (6) To know the selection process and to start preparing for Campus Recruitment (Aptitude Test, Interview, & GD) (7) To make a thorough RESEARCH about the Companies visited the College last year and go through their websites to know about the Company Profile, Products / Services Provided, HR Policy etc. (8) To also start applying through LinkedIn by the end of his final year, if companies' JD matches with your son's profile. Hope this information is enough for your Son. All The BEST for your Son’s Bright Future.

To know more on ‘ Careers | Education | Jobs | Resume Writing | Profile Building | Salary Negotiation Skills | Building Professional LinkedIn Profile | Choosing Right School Board (State | Matriculation | CBSE | ICSE |International Board) | Student Psychological Counselling | Exam Preparation Techniques (Board | Entrance & Competitive)| Job Interview Skills | Skill Upgrading | Parenting & Child Upbringing Skills | Career Transition | Abroad Education | Education Loan (India | Abroad) | Scholarship (India | Abroad) | SOP Writing Tips’, please FOLLOW me in RediffGURU here.

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Ravi Mittal  |224 Answers  |Ask -

Dating, Relationships Expert - Answered on Jun 14, 2024

Asked by Anonymous - May 07, 2024Hindi
Hi I am a 35-year-old woman and my husband is 45. we are made for each other couple. we love each other and we do not have any compatibility issues except in romance. he is not very romantic and even throughout my younger years I was also not very romantic and immersed myself in studies and career. He is not very active in sex also. A few years back I told him that I wanted to be romantic after marriage and now we are not, so I missed my college and early office days when I was in my prime and could have been romantically involved with guys. Since I look very young even at 35, he suggested that I still can move around with guys and get romantic and I need not miss anything even now. though initially declining the offer, I moved a little freely toward men, mostly colleagues, and a few social club members. I encouraged late-night messages, coffee meets, movies, etc. I update my husband on every single event that happens. ex, if I went to a movie with a colleague, I will message my hubby " We kissed", if that happened. he encourages me so much and is happy with whatever is happening, cutting a long story short. though I didn't think it would go so far, I am now romantically very active. soft romance-like messages I do with many. Dating I don't say no to my known circle like colleagues, ex-colleagues, college mates, etc and almost 2-3 times a week I end up dating someone in a coffee shop, pub, or a long drive. A few times I initiate a date too. and I must confess that I have regular intimacy with four young men, all from the same office where I work. I have never hidden anything from my hubby and give a complete account every day. I offered to stop everything any moment he said. but he told me till age is there enjoy life!. I am emotionally connected to my husband only and I do all my responsibilities as a woman. Our relationship has grown manifold. My only question is, am I exploiting my husband's innocence or does he have a cuckold fantasy? If I continue the way I continue with no harm to anyone, can I keep doing it ( I love to). or I should stop at once?
Ans: Dear Anonymous,

After reading your question I understood that your partner and you have, what we call, an open relationship. As long as both partners are okay with the dynamics of it, and no one is emotionally hurt, or resisting, it should be okay. It isn't exploitation if your husband himself encourages you. You are both consenting adults and not harming each other or anyone else. As for your question, if he has a cuckold fantasy, that is something you should discuss with your husband. An open discussion is better than speculation. Also, at any time if you suspect that your husband is growing concerned about the nature of your relationship, ask him directly. It can help avoid misunderstandings.

Best Wishes

...Read more


Ravi Mittal  |224 Answers  |Ask -

Dating, Relationships Expert - Answered on Jun 14, 2024

Asked by Anonymous - May 16, 2024Hindi
Hello sir mai 28 year ki hoo mai abhi llb kar rahi hoo mai last 7 year se relationship mai hoo vo mujse 25 year bade hai saruaat 1 to 2 year inhone muje bhot priorities di ab hum 3 to 4 month mai kabhi milte hai hum dono alag alag city mai hai unki bhot badi family hai or finincially bhi problem chal rahi hai last 3 yaer se vo.muje priority nai de rahe hum.roj bat karte hai vo mera khyal bhi rakhte hai lekin muje unse ab dur nai hona mene sadi na karne ka decisions Liya hai lekin kitni bar bhot akela feel karti hoo vo muje itna time nai dete phele jaisa nai hai aisa lagta hai.fir vo ku6 help kar de ya pyar se bat bhi kar le.to.lagta hai sab theek hai mai.bhot confused hoo mai.kya karu muje kya karna chahiye ..
Ans: Dear Anonymous,

Dating someone older than you is not the problem, but the fact that you are making major life decisions based on what he wants and doesn't want is concerning. I am guessing that you decided to not get married because he doesn't want it either. Is that fair to you? You yourself mentioned that you often feel lonely. Don't you think you deserve better? Don't you deserve someone who would love you and would like to spend the rest of their life with you? Please reconsider this relationship. Speak to your partner and ask him what his plans are for the future. Does he want to settle down with you? How will you two continue this relationship in the future? There are many important questions that need answering. Sort them out and you will have the solution to your dilemma.

Best Wishes.

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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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