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Ramalingam Kalirajan  |7040 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 20, 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 06, 2024Hindi
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I am 48 .house wife .have started mutual funds this year with an average of 15 thousand per month investment. How can i wisely choose mutual funds for safe and good returns for the long run

Ans: It's wonderful that you've started investing in mutual funds. Let's discuss how you can wisely choose mutual funds for safe and good returns for the long run.

Congratulations on taking the first step towards building your financial future through mutual fund investments. Your commitment to financial planning is commendable.

Understanding Investment Objectives
Before selecting mutual funds, it's essential to understand your investment objectives, risk tolerance, and investment horizon.

Assessing Risk Tolerance
As a long-term investor, it's crucial to strike a balance between risk and return. Assess your risk tolerance to determine the level of volatility you are comfortable with.

Diversification Strategy
Diversification is key to reducing risk in your investment portfolio. Consider investing across different asset classes, sectors, and fund categories to spread risk.

Evaluating Fund Performance
When choosing mutual funds, evaluate their past performance, consistency, and track record. Look for funds with a history of delivering stable returns over the long term.

Active vs. Passive Management
While index funds offer lower expenses and passive management, actively managed funds have the potential to outperform the market through skilled fund managers.

Emphasizing Benefits of Regular Funds Investing through MFD with CFP Credential
Engaging a Certified Financial Planner who is also a Mutual Fund Distributor (MFD) can provide valuable guidance in selecting suitable mutual funds aligned with your financial goals and risk profile.

Conclusion
By focusing on your investment objectives, assessing risk tolerance, diversifying your portfolio, and evaluating fund performance, you can choose mutual funds that offer the potential for safe and good returns over the long run.

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

Ramalingam Kalirajan  |7040 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 01, 2024

Asked by Anonymous - Jul 21, 2024Hindi
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Hello, i want to start investing in mutual funds for like 10-15 years time period. Can you suggest me which funds should i investment in and what should i do. I am planning to invest 1k per month because i don't have high salary and i have to pay home expenses. I will increase the amount by certain percentage every 10 months. Can you guide me in this. Thank you!!
Ans: Design a Proper Investment Plan
You intend to have a time horizon of 10-15 years of investment in mutual funds. You will start with a decent amount of Rs 1,000 per month. You will increase the amount every 10 months.

Selection of Correct Funds
Diversified Equity Fund:

Start your investment with a diversified equity fund.
These funds are invested in various sectors.
Balanced Fund:

Then, consider balanced funds.
Their investment is in equity and debt. A Mid-Cap and Small-Cap Funds
For better returns, add mid-cap and small-cap funds.
These funds invest in medium and small companies.
How to Increase Your SIP
Regular Increase:

Increase your SIP amount every 10 months.
Start with Rs 1,000 and gradually increase.
Percentage Increase:

Increase by a certain percentage each time.
This helps in building a substantial corpus.
Benefits of Long-Term Investment
Compounding Effect:

Longer investment periods yield better returns.
Compounding helps grow your money over time.
Market Fluctuations:

Long-term investments reduce market risk.
Short-term fluctuations have less impact.
Monitoring and Reviewing
Annual Review:

Review your portfolio annually.
Performance Adjustment:
Adjust based on performance
Stay Informed:
Stay informed about market trends
Read all financial news and reports
Other Tips
Emergency Fund:

Always maintain an emergency fund
Always keep 3-6 months expense in liquid form
Not Frequent Withdrawals:
Let it Grow
Avoid frequent withdrawals for maximum benefit
CFP
Always consult a CFP
They shall help you with personalised advice
Final Insights
You can start investing in mutual funds with as much as Rs 1,000 a month. Go for diversified equity, balanced, and mid-cap funds. Also, remember to increase the amount of money in the SIP from time to time along with changes in income. Be well-informed, but for all personalized guidance, do seek out a Certified Financial Planner.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7040 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 11, 2024

Money
Hi iam 29 years old and thinking to start invest in Mutual funds.can you please guide me regarding selection of my portfolio.
Ans: Starting investments at the age of 29 is an excellent decision. You have time on your side. Let’s ensure that you make the best of it. The first step in selecting a mutual fund portfolio is understanding your financial goals.

Short-Term Goals: These could include a down payment for a house, travel, or buying a vehicle.

Long-Term Goals: This includes planning for retirement, children's education, or financial independence.

Risk Tolerance: Since you are young, you can afford to take more risks. However, your comfort with market volatility is crucial. If you have a high-risk appetite, equity funds are suitable.

Taking the time to assess your goals and risk profile will help you choose the right mutual fund mix.

Building a Well-Defined Portfolio
Investing in mutual funds is about creating a balanced portfolio. Let’s break down the types of funds you can consider:

Equity Mutual Funds: These funds invest in stocks and have the potential for higher returns over the long term. Since you are young, equity funds can form a significant portion of your portfolio. These funds are ideal for long-term goals like retirement.

Debt Mutual Funds: Debt funds invest in bonds and government securities. They offer stable but lower returns compared to equity funds. They are suitable if you have medium-term goals and a lower risk tolerance.

Hybrid Funds: These funds invest in a mix of equity and debt, balancing risk and returns. These are ideal if you are looking for moderate growth with some safety.

Investing in a mix of equity, debt, and hybrid funds can help you achieve a balanced portfolio.

Benefits of Actively Managed Funds Over Index Funds
You might have heard about index funds. They aim to replicate market indices like Nifty or Sensex. However, there are certain drawbacks to index funds:

No Personalised Guidance: Index funds are passively managed. They lack the expertise of a fund manager to navigate market trends. This can limit growth during volatile periods.

Lower Potential Returns: While index funds are low-cost, actively managed funds can outperform them. With the guidance of experienced fund managers, you can aim for higher returns.

Limited Flexibility: Index funds follow a fixed basket of stocks. They do not adjust quickly to changing market conditions.

For better returns, I recommend opting for actively managed funds. They can help you navigate the ups and downs of the market.

Regular Funds vs Direct Funds: Why Guidance Matters
Many investors consider investing directly in mutual funds to save on commission costs. However, direct funds may not be the best choice for everyone. Here’s why:

Lack of Professional Guidance: Without the support of a Certified Financial Planner, it’s easy to make mistakes. Regular funds provide the benefit of expert advice.

Time-Consuming: Managing your own investments requires time and research. If you are busy with your career, regular funds can save you time.

Better Returns with Expert Help: With guidance, you can make better investment choices and optimise your portfolio.

Investing through a Certified Financial Planner can maximise your returns. It ensures that you have the right strategy for your financial goals.

Creating a Systematic Investment Plan (SIP)
Starting a SIP is one of the best ways to invest in mutual funds. It is disciplined and helps in rupee cost averaging. Let’s explore why SIPs are beneficial:

Consistency in Savings: With a SIP, you invest a fixed amount every month. This instills a habit of consistent savings.

Rupee Cost Averaging: By investing regularly, you buy more units when the market is low. This reduces the average cost per unit over time.

Power of Compounding: The longer you stay invested, the more your money grows. SIPs allow your investments to compound over time.

Setting up a SIP in a mix of equity and hybrid funds can create a solid base for your portfolio.

Tax Efficiency and Recent Tax Rules
Understanding the tax implications of mutual fund investments is crucial. Here’s how the current tax rules affect your investments:

Equity Funds: Long-term capital gains (LTCG) above Rs 1.25 lakh are taxed at 12.5%. Short-term capital gains (STCG) are taxed at 20%.

Debt Funds: Both LTCG and STCG in debt mutual funds are taxed as per your income tax slab.

Being aware of these tax rules can help you plan your withdrawals wisely and reduce tax liabilities.

Emergency Fund and Contingency Planning
Before starting your investments, make sure you have an emergency fund. This fund should cover at least 6 months of your monthly expenses.

Why It’s Important: Life is unpredictable. Medical emergencies, job loss, or unexpected expenses can happen. Having an emergency fund ensures you don’t have to dip into your investments.

Where to Invest This Fund: Keep it in liquid mutual funds or a savings account. This allows easy access in times of need.

Insurance: A Safety Net for Your Investments
While focusing on investments, don’t overlook the importance of insurance. Here are two key insurance policies to consider:

Health Insurance: Medical emergencies can drain your finances. A comprehensive health plan ensures you are protected.

Term Life Insurance: If you have dependents, consider getting term insurance. It provides financial protection for your family in case of unforeseen events.

Reviewing and Rebalancing Your Portfolio
Investing is not a one-time exercise. Markets change, and so do your financial needs. Here’s how to keep your investments on track:

Review Annually: Revisit your investments at least once a year. Adjust your SIP amounts and fund allocations if needed.

Rebalance Based on Goals: If your goals change, reallocate your investments. This ensures that your portfolio remains aligned with your needs.

Consult a Certified Financial Planner: A professional can provide expert guidance on portfolio adjustments. This helps maximise returns and reduce risks.

Finally
Starting early gives you a head start in creating wealth. By investing wisely, you can achieve your financial goals and secure a stable future. Remember, consistency and patience are key. Don’t let short-term market fluctuations deter you.

If you need further guidance on your investment journey, consider consulting a Certified Financial Planner. This will ensure that your investments align with your goals and risk profile.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

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Anu Krishna  |1303 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 18, 2024

Asked by Anonymous - Nov 06, 2024Hindi
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Hi, I am 55 and married to a wonderful lady of 52. Both of us are employed. We have been blessed with a son who has done his MBBS and now undergoing his PG in a reputed govt hospital. Problem is that I am working with a pvt company ( listed ). While my wife works with a govt company. We are located in two different states and not possible to travel from home on daily basis. So we meet up once a month only. Generally on a second or forth Saturday. As I work with a company where I have to take permission to leave HQ, I feel frustrated that even after working for more than 30 years, one needs to take a permission. Work culture over the years has changed too much as the company has changed hands many times. And now I am not able to change nor ready to change my way if working. And thua brings out friction in my job and affects my performance everywhere. I wish to leave the job as only 03 years are balance and I feel that having a good enough health would allow me some time to pursue my hobbies of travel and meeting with my relatives which I have ignored for so many years. While I wish to take an early retirement ( no financial liabilities and a good enough bank balance and own home too.) But wife is not agreeing to this. Whenever I raise the topic we end up arguing too much and don't reach any conclusion. Regarding her job, she has to travel by own vehicle for almost 45-60 minutes daily. So she cooks only once and for dinner she consumes whatever cooked in morning. House help is not easily available and she is.not able to adjust with them. I don't like this and if I leave my job I could help her with household chores as well. So, my query is how do I pursuade my wife to let me leave the job ( I am not at all insisting for her to leave the job as well ). How do I make her understand that we are financially well enough and our son would do well in his career without needing any more help from us. My continuation in my job frustrates me and I can't think of anything but to leave the job.
Ans: Dear Anonymous,
It seems to me like your wife is quite comfortable with the current situation. So, it's up to now to handle the conflicts that you are facing.
If you want to leave your job, why do you need to persuade your wife to allow you to do that especially if you are financially stable and secure?
Before taking any major life-changing decisions, take a break from work, travel, socialize, spend time with the family, engage in new pursuits and see if anything new comes up...what excites you? What can you do with that excitement? Can you create something new with it? Does it force you see something different or change the course of your job, your life?
Unless you don't take that moment to STOP and experience something different, you will not allow yourself to have choices. So, build choices and build different ways of thinking and that will enable you to move from frustration to transformation. Take that first step, take a BREAK!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io

...Read more

Ramalingam

Ramalingam Kalirajan  |7040 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 18, 2024

Asked by Anonymous - Nov 12, 2024Hindi
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PLease help me with my financial planning, by when i can retire with this portfolio, i have current expenses of 70k per month. Category Asset Percentage (%) Value (?) Retirement Funds EPF (includes Gratuity and US 401) 33.45% 55,53,000 NPS 13.31% 23,96,000 PPF 7.53% 12,70,000 Bond 7.23% 12,00,000 Total Retirement 61.53% 1,20,19,000 Daughter's Education Fixed Deposit (FD) 4.82% 2,76,000 Mutual Funds 15.36% 31,00,000 Stocks 5.78% 13,47,000 Cash (includes Miscellaneous) 1.95% 3,00,000 Liquid 0.00% 50,000 Total Education 30.12% 50,73,000 Miscellaneous Gold (includes TI) 8.19% 15,08,000 Loan & Family Money Loans + Family Money 0.00% 15,83,333 Grand Total 97.63% 1,85,83,333
Ans: You have outlined a robust financial portfolio with well-diversified assets.

Retirement Funds form a major part of your investments, accounting for 61.53% of your total portfolio. These include EPF, NPS, PPF, and bonds.

Daughter's Education Funds make up 30.12%, including fixed deposits, mutual funds, stocks, and cash reserves.

Miscellaneous Investments like gold and loans/family money account for 8.19%.

Your total portfolio value stands at Rs 1.85 crore. This is a strong base for retirement planning.

Retirement Goal Assessment
You aim to retire with Rs 70,000 monthly expenses. This is Rs 8.4 lakh annually.

Considering inflation, your expenses will increase yearly. Accounting for this is critical.

Your current portfolio may fall short of sustaining retirement if inflation and longevity are not factored in.

Analysing Retirement Investments
1. EPF and NPS Contributions

EPF and NPS together contribute Rs 79.49 lakh.

These are excellent for retirement. EPF ensures stable returns, and NPS offers potential growth.

2. PPF and Bonds

PPF and bonds provide safety and consistent returns.

However, their growth may lag behind inflation.

3. Daughter's Education Funds

Your mutual funds and stocks for education are excellent growth-focused choices.

Fixed deposits provide stability but may not beat inflation.

Retirement Strategy Recommendations
1. Gradual Portfolio Rebalancing

Gradually reduce exposure to high-risk equity investments two years before retirement.

Shift a portion into debt mutual funds or other low-risk instruments.

This protects your corpus from market fluctuations.

2. Consolidate Retirement Corpus

Consider earmarking a portion of mutual funds for retirement instead of education.

This avoids the need to liquidate long-term investments prematurely.

3. Optimise NPS Allocation

Maximise equity exposure within NPS for better long-term returns.

Equity in NPS can provide growth even post-retirement.

4. Build a Liquid Fund

Set aside six months’ expenses in a liquid fund or high-interest savings account.

This ensures easy access during emergencies.

Education Fund Recommendations
1. Prioritise Growth-Oriented Investments

Mutual funds and equity investments can outpace education inflation.

Continue SIPs in well-diversified funds with a mid-to-high risk profile.

2. Review Fixed Deposits

Fixed deposits offer safety but lower returns.

Consider reallocating a portion into balanced mutual funds for better growth.

Tax Efficiency Considerations
1. Mutual Fund Taxation

LTCG above Rs 1.25 lakh is taxed at 12.5%. Plan redemptions carefully to minimise tax.

STCG is taxed at 20%. Avoid frequent withdrawals to reduce this burden.

2. Fixed Deposit Taxation

FD interest is taxed as per your income slab.

This reduces effective returns compared to tax-efficient mutual funds.

Lifestyle Adjustments for Retirement
1. Assess Post-Retirement Needs

Recalculate expenses to include healthcare and travel costs.

Account for inflation when estimating monthly retirement needs.

2. Healthcare Planning

Secure adequate health insurance for yourself and your family.

This prevents medical emergencies from draining your retirement corpus.

3. Maintain a Contingency Fund

Keep a contingency fund for unforeseen expenses.

This should not be part of your primary retirement corpus.

Professional Guidance and Monitoring
Work with a Certified Financial Planner (CFP) to evaluate your portfolio regularly.

Adjust your asset allocation annually based on market conditions and your changing goals.

Final Insights
Your disciplined approach has created a solid foundation for financial security. However, your portfolio requires optimisation to meet both retirement and education goals. Focus on balancing growth and stability. Align investments with specific goals to minimise future shortfalls. Maintain regular reviews and adjustments to stay on track for a comfortable retirement.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7040 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 18, 2024

Asked by Anonymous - Nov 10, 2024Hindi
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Money
Dear Sir, I am 49 years Old. Have a current outstanding home loan of Rs 2700000 . The loan is equally divided between me and my wife. This loan was taken in 2022 for fifteen years of Rs 45,00,000. I have increased my EMI and the repayment is done accordingly.. I am into a Partnership business with monthly income of Rs 250000. I have monthly SIP of 40K with total value of Rs 2700000 lacs . I around 13 lacs in Saving account and FDs put together. I was planning to close one of the loan of Rs 1350000. Is it advisable to close the Home loan ? Pl suggest.
Ans: Your financial profile is impressive, with a strong income and disciplined investments. However, home loan closure requires thoughtful assessment. Let's evaluate your situation from all angles.

Current Financial Standing
Income and Loan Details

Monthly income: Rs 2,50,000
Outstanding loan: Rs 27,00,000 (divided equally with your wife)
Loan tenure: 15 years, started in 2022
Investments and Savings

Monthly SIPs: Rs 40,000
SIP value: Rs 27,00,000
Savings and FDs: Rs 13,00,000
You have maintained a disciplined investment approach and a healthy liquidity buffer.

Benefits of Closing One Loan
Reduced Financial Liability

Paying off Rs 13,50,000 reduces loan EMI burden.
Frees up monthly cash flow for other goals.
Interest Savings

Prepayment saves on the interest payable over the tenure.
Longer tenure loans attract higher interest due to compounding.
Psychological Relief

Eliminating one liability reduces financial stress.
Simplifies loan management for your household.
Reasons to Consider Retaining the Loan
Tax Benefits

Home loan offers tax deductions on interest and principal repayment.
These benefits can reduce your tax liability.
Opportunity Cost

Using Rs 13,50,000 for repayment might affect potential investment growth.
Well-invested funds can earn returns higher than the loan interest rate.
Liquidity Concerns

Retaining Rs 13,00,000 ensures funds for emergencies or opportunities.
Avoid locking all liquidity in debt repayment.
Recommendations
1. Partial Loan Prepayment
Use Rs 6,50,000 for partial prepayment.
Retain Rs 6,50,000 as emergency funds.
2. Continue SIP Investments
Your SIPs provide wealth growth over the long term.
Ensure these investments align with your financial goals.
3. Assess Loan Tax Benefits
Evaluate your annual tax savings from the home loan.
Maintain the loan if the benefits outweigh interest costs.
4. Revisit Your Financial Goals
Align loan repayment and investments with long-term plans.
Include retirement planning and children's future expenses.
5. Monitor Emergency Fund Requirements
Ensure 6–12 months of expenses are readily available.
This helps handle unforeseen circumstances without liquidating investments.
Impact of Prepayment on Investments
SIPs are crucial for wealth creation.

Avoid diverting SIP funds for loan repayment.

Use liquid funds like savings or FDs for prepayment instead.

Mutual funds can provide better long-term returns than the interest rate saved by prepaying the loan.

Tax Implications
Consider how prepayment affects your tax savings.
Losing tax benefits may increase your net tax liability.
Final Insights
Your disciplined approach to finance is noteworthy. Closing a part of the loan is a balanced strategy. Retain some liquidity and continue your investments.

Keep reviewing your financial goals to adapt your strategies. Periodic reviews with a Certified Financial Planner can help optimise decisions.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7040 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 18, 2024

Asked by Anonymous - Nov 10, 2024Hindi
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Money
I'm 46 years old working woman. My SIP portfolio is currently 1.20 crores and I invest 29k every month through SIPs. I am a very disciplined investor and have only withdrawn money from my portfolio for my son's college education. However, given the recent market volatility, I was wondering if I should withdraw a significant portion from my portfolio and start FDs which will yield less profits but are relatively safe. My savings and investment are going to be my retirement fund as I won't have any post retirement earnings / benefits from my job. I am expecting to continue working for another 2 years after which I will retire. I live in my own house which I co-own with my husband. I have no debt.
Ans: You have built a strong SIP portfolio worth Rs 1.20 crores. Your discipline in investing is impressive. This approach ensures long-term growth and financial security.

You invest Rs 29,000 monthly, which aligns with your future retirement needs.

Living in a debt-free, owned house adds stability to your financial situation.

Since you plan to retire in two years, preserving your retirement corpus is critical.

Concerns About Market Volatility
Market fluctuations can be unsettling, especially near retirement. However, long-term SIP investments often outgrow volatility.

Withdrawing your portfolio now may lock in losses during a downtrend.

Redeploying funds into FDs may not match your retirement income needs due to low returns.

Equity investments are key to beating inflation, ensuring your money retains its purchasing power over time.

Alternatives to Withdrawing Your Investments
1. Gradually Reduce Equity Exposure

Start reallocating a portion of your portfolio from equity to debt mutual funds.

Debt mutual funds offer lower risk and steady returns compared to equities.

This approach reduces market-related risks while maintaining better returns than FDs.

2. Maintain a Balanced Portfolio

Retain a mix of equity and debt funds in your portfolio.

Equity provides growth, while debt offers stability. A 60:40 equity-to-debt ratio may suit your situation.

Consult a Certified Financial Planner (CFP) to fine-tune the allocation based on your retirement goals.

3. Build an Emergency Fund

Set aside six months’ expenses in a liquid fund or bank savings account.

This ensures easy access to funds without disturbing your investments.

4. Systematic Withdrawal Plan (SWP)

After retiring, consider setting up an SWP in your mutual funds.

This provides regular income while keeping the bulk of your corpus invested.

SWP allows better tax efficiency than FD interest.

Drawbacks of Moving to Fixed Deposits
1. Low Returns

FD returns may not beat inflation over the long term.

This can erode the purchasing power of your retirement corpus.

2. Tax Inefficiency

FD interest is taxed as per your income slab, reducing effective returns.

Mutual funds, especially debt funds, offer better tax efficiency.

Advantages of Staying Invested in Mutual Funds
1. Compounding Benefits

Long-term mutual fund investments benefit from compounding, enhancing growth.
2. Diversification

Your SIPs already spread risk across asset classes and sectors.

Diversification mitigates the impact of volatility.

3. Flexibility

You can adjust your portfolio allocation without completely withdrawing.
Recommended Steps Before Retirement
1. Define Your Retirement Corpus Requirement

Estimate post-retirement expenses, considering inflation and healthcare costs.

Ensure your portfolio aligns with these needs.

2. Secure Adequate Health Insurance

Ensure you and your family have sufficient health insurance coverage.

This prevents medical emergencies from draining your retirement funds.

3. Gradual Rebalancing

Move a part of your equity investments into safer options like debt funds over the next two years.

This reduces exposure to market risks as retirement nears.

4. Avoid Panic Decisions

Market volatility is normal and often short-lived.

Avoid making emotional decisions that may harm your financial goals.

5. Seek Professional Guidance

Work with a Certified Financial Planner to review and optimise your retirement strategy.

A CFP will help you align your investments with your long-term goals.

Final Insights
Switching entirely to FDs may seem safe, but it can jeopardise your retirement goals. Instead, focus on rebalancing your portfolio to align with your changing risk profile. A combination of equity, debt, and liquid funds can ensure both growth and safety. Continue your disciplined approach, and your investments will provide the stability and income needed for a comfortable retirement.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...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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