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Sunil

Sunil Lala  | Answer  |Ask -

Financial Planner - Answered on Jan 19, 2024

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more
Asked by Anonymous - Nov 18, 2023Hindi
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I am 48 yrs old and plan to retire in next 1 year with life expectancy 75 yrs. My current montly expense is 1.25 Lakhs and value of current investment is 5.5 cr so please suggest is the corpus sufficient till my death and also after my death will any corpus will be balance so that i can pass on to my kids. MUMBAI

Ans: Yes
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  |8106 Answers  |Ask -

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

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I am 48 yrs old and plan to retire in next 1 year with life expectancy 75 yrs. My current montly expense is 1.25 Lakhs and value of current investment is 5.5 cr so please suggest is the corpus sufficient till my death and also after my death will any corpus will be balance so that i can pass on to my kids. Niraj MUMBAI
Ans: To assess if your current corpus is sufficient for your retirement and if there will be a remaining corpus to pass on to your kids, we need to consider several factors:

Retirement Expenses: Your monthly expenses are Rs. 1.25 lakhs, which amounts to Rs. 15 lakhs annually. Considering a life expectancy of 75 years, we need to estimate your expenses for the next 27 years.
Current Investments: With a corpus of Rs. 5.5 crores, we need to determine if this amount can sustain your retirement expenses for the next 27 years, factoring in inflation and investment returns.
Legacy Planning: If there is a remaining corpus after your retirement, it can be passed on to your kids as part of your legacy. Consider the potential growth of your investments and any potential bequests or inheritances you wish to leave for your children.
Inflation and Investment Returns: Consider the impact of inflation on your expenses and the potential investment returns on your corpus. Adjust your retirement planning accordingly to ensure your corpus can keep pace with inflation and continue to support your lifestyle.
To accurately determine if your current corpus is sufficient and if there will be a remaining corpus for your kids, it's advisable to consult with a Certified Financial Planner. They can analyze your financial situation comprehensively, consider various scenarios, and provide personalized recommendations tailored to your goals and aspirations.

..Read more

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Ramalingam Kalirajan  |8106 Answers  |Ask -

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

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I am 48 yrs old and plan to retire in next 1 year with life expectancy 75 yrs. My current montly expense is 1.25 Lakhs and value of current investment is 5.5 cr so please suggest is the corpus sufficient till my death and also after my death will any corpus will be balance out of 5.5 cr so that i can pass on to my kids. NIRAJ MUMBAI
Ans: To assess if your current corpus is sufficient for your retirement and if there will be a remaining corpus to pass on to your kids, we need to consider several factors:

Retirement Expenses: Your monthly expenses are Rs. 1.25 lakhs, which amounts to Rs. 15 lakhs annually. Considering a life expectancy of 75 years, we need to estimate your expenses for the next 27 years.
Current Investments: With a corpus of Rs. 5.5 crores, we need to determine if this amount can sustain your retirement expenses for the next 27 years, factoring in inflation and investment returns.
Legacy Planning: If there is a remaining corpus after your retirement, it can be passed on to your kids as part of your legacy. Consider the potential growth of your investments and any potential bequests or inheritances you wish to leave for your children.
Inflation and Investment Returns: Consider the impact of inflation on your expenses and the potential investment returns on your corpus. Adjust your retirement planning accordingly to ensure your corpus can keep pace with inflation and continue to support your lifestyle.
To accurately determine if your current corpus is sufficient and if there will be a remaining corpus for your kids, it's advisable to consult with a Certified Financial Planner. They can analyze your financial situation comprehensively, consider various scenarios, and provide personalized recommendations tailored to your goals and aspirations.

..Read more

Ramalingam

Ramalingam Kalirajan  |8106 Answers  |Ask -

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

Listen
Money
I am 48 yrs old and plan to retire in next 1 year with life expectancy 75 yrs. My current montly expense is 1.25 Lakhs and value of current investment is 5.5 cr so please suggest is the corpus sufficient till my death and also after my death will any corpus will be balance out of 5.5 cr so that i can pass on to my kids.
Ans: To assess if your current corpus is sufficient for your retirement and if there will be a remaining corpus to pass on to your kids, we need to consider several factors:

Retirement Expenses: Your monthly expenses are Rs. 1.25 lakhs, which amounts to Rs. 15 lakhs annually. Considering a life expectancy of 75 years, we need to estimate your expenses for the next 27 years.
Current Investments: With a corpus of Rs. 5.5 crores, we need to determine if this amount can sustain your retirement expenses for the next 27 years, factoring in inflation and investment returns.
Legacy Planning: If there is a remaining corpus after your retirement, it can be passed on to your kids as part of your legacy. Consider the potential growth of your investments and any potential bequests or inheritances you wish to leave for your children.
Inflation and Investment Returns: Consider the impact of inflation on your expenses and the potential investment returns on your corpus. Adjust your retirement planning accordingly to ensure your corpus can keep pace with inflation and continue to support your lifestyle.
To accurately determine if your current corpus is sufficient and if there will be a remaining corpus for your kids, it's advisable to consult with a Certified Financial Planner. They can analyze your financial situation comprehensively, consider various scenarios, and provide personalized recommendations tailored to your goals and aspirations.

..Read more

Ramalingam

Ramalingam Kalirajan  |8106 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 13, 2024

Asked by Anonymous - May 09, 2024Hindi
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I am 51 year old planning to retire at 55 Have corpus of 3 cr and nonthly expenses of 60k. Is corpus sufficient considering 85 years of life expectancy
Ans: With a corpus of 3 crores and monthly expenses of 60k, you seem well-prepared for retirement. Let's delve deeper into your financial situation to ensure your corpus is sufficient to sustain your lifestyle through retirement:

Lifestyle Analysis: Assess your current expenses comprehensively to ensure you've accounted for all essential and discretionary spending. Consider potential changes in spending patterns during retirement, such as healthcare expenses, leisure activities, and travel.

Inflation Adjustments: Factor in the impact of inflation on your expenses over time. While your current monthly expenses may be 60k, inflation could erode the purchasing power of your corpus in the future. Adjust your retirement income requirements accordingly to maintain your desired standard of living.

Longevity Risk: With a life expectancy of 85 years, it's prudent to plan for a retirement horizon spanning several decades. Ensure your corpus can sustain you throughout your retirement years, factoring in potential healthcare expenses and long-term care needs as you age.

Investment Strategy: Assess the allocation and performance of your retirement corpus across various asset classes. Aim for a balanced portfolio that generates sufficient income while preserving capital. Consider consulting with a Certified Financial Planner to optimize your investment strategy and minimize longevity risk.

Contingency Planning: Prepare for unexpected expenses or emergencies by maintaining a contingency fund separate from your retirement corpus. This fund should cover at least six to twelve months' worth of living expenses to provide financial security during challenging times.

Regular Review: Periodically review your retirement plan and adjust your strategy as necessary based on changes in your financial situation, market conditions, and life circumstances. Stay proactive in managing your retirement assets to ensure they continue to meet your needs and objectives.

Considering these factors, a corpus of 3 crores appears to be a solid foundation for retirement at 55, assuming prudent financial management and investment decisions. However, it's essential to conduct a comprehensive analysis of your retirement needs and goals to confirm the sufficiency of your corpus and ensure a financially secure and fulfilling retirement.

Best Regards,

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

..Read more

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Aamish

Aamish Dhingra  |15 Answers  |Ask -

Life Coach - Answered on Mar 19, 2025

Asked by Anonymous - Mar 19, 2025Hindi
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I have 4+ years of experience in IT as a automation enginner and currently I am studying Mtech as integrated program along with my work. But it seems like the pressure on completion of lab, assignments, quiz, midsem and main sem is becoming a burden along with my current work life. Now I regret taking the decision of being a part of Integrated learning. Also I have signed an agreement that if I quit midway I have to pay 2.4lac. Currently I am in 1st semester and it is really a tough journey ahead. What should you think I do. Day by day I am losing motivation. Should I continue this journey or should I focus more on my work. Please help.
Ans: It sounds like you’re in a challenging phase, feeling stretched between your job and the demands of your M.Tech program. The pressure of assignments, labs, quizzes, and exams is making you question whether this was the right decision, and the financial penalty of quitting adds another layer of stress. But before making a decision, let’s take a step back and reflect.
What was your initial motivation for enrolling in this program? Was it career growth, a passion for learning, or future stability? Do those reasons still matter to you, or has your perspective changed? Sometimes, when we’re overwhelmed, we forget why we started. Reconnecting with that purpose can help clarify whether the struggle is worth it. Another important question is: What exactly is overwhelming you? Is it a lack of time, the workload, or the fear of burnout? If better systems were in place—like structured time blocks, prioritization, or external support - would it still feel unmanageable? It’s also important to define what success looks like for you. If you push through, where do you see yourself in two years? If you quit, what’s the alternative, and are you comfortable with the financial and career implications? Finally, have you explored all possible support systems - mentors, colleagues, or even university resources - to lighten the load?
Decisions like this aren’t just about choosing between two options; they’re about understanding what truly matters to you and what sacrifices you’re willing to make. Rather than focusing on whether you should continue or quit, ask yourself: What would make this journey easier? What changes, however small, could help you regain control? You don’t have to find all the answers today, but you do need to start asking the right questions.

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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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