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Ramalingam

Ramalingam Kalirajan  |8058 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 30, 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
Subho Question by Subho on Aug 30, 2023Hindi
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Hi Dev, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs. Also, is it good for retirement considering my current monthly expense us 1 lakh.

Ans: Planning Your Financial Future
As a Certified Financial Planner, I'm here to help you navigate your investment journey and plan for a secure retirement.

Current Investment Portfolio and Future Contributions

You've made commendable progress with your current mutual fund investments and SIPs, totaling Rs. 1 crore 9 lakhs. Continuing your SIP of Rs. 35,000 per month for the next 7 to 8 years adds substantial potential to your corpus.

Estimated Corpus in 7 to 8 Years

Assuming an average annual return of around 12%, your additional monthly investments of Rs. 35,000 can potentially grow to a significant amount over 7 to 8 years.

While exact projections require detailed calculations, leveraging the power of compounding through regular investments can substantially boost your overall corpus.

Total Corpus Including Other Investments

In addition to your mutual fund investments, you have approximately Rs. 1 crore invested in other avenues like Voluntary Provident Fund, EPF, PPF, ESOPs, and pension funds.

Factoring in the growth potential of these investments along with your mutual funds, your total corpus after 7 to 8 years could be substantial.
Evaluation of Retirement Readiness

Considering your current monthly expenses of Rs. 1 lakh, it's essential to assess whether your projected corpus would adequately support your retirement lifestyle.

Based on your anticipated corpus after 7 to 8 years and your monthly expenses, you seem to be on track for a comfortable retirement. However, it's crucial to periodically reassess your financial plan to ensure alignment with your retirement goals.
Final Thoughts

Your proactive approach towards savings and investments is commendable. By continuing your disciplined approach to investing and periodically reviewing your financial plan, you're setting yourself up for a financially secure retirement.

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  |8058 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

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Hi Anil, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs. Also, is it good for retirement considering my current monthly expense us 1 lakh.
Ans: To estimate your corpus after 7 to 8 years, let's assume an average annual return on your mutual fund SIPs at 10-12% and a similar return on your other investments.

For Mutual Funds:

Future Value of Current Investments: Using the future value formula, considering an average return of 10-12%, your current 1.09 crore can grow to approximately 2.2 - 2.5 crores in 7-8 years.
Future Value of Additional SIPs: Investing 35k per month for 7-8 years, at an average return of 10-12%, you could accumulate around 50 - 60 lakhs from SIPs alone.
For Other Investments:

Future Value of Current Investments: Assuming an average annual return of 10-12%, your current 1 crore can grow to approximately 2 - 2.4 crores.
Future Value of Additional Investments: With 80k monthly investments for 7-8 years, at an average return of 10-12%, you could accumulate around 1.5 - 1.8 crores.
Total Corpus After 7-8 Years: Combining both, your total corpus could range from 5.2 - 6.2 crores.

Retirement Planning:
Considering your monthly expense is 1 lakh, with a corpus of 5.2 - 6.2 crores, you can generate approximately 40-50k per month (assuming a 7-8% withdrawal rate) post-retirement. This should be sufficient considering your current expenses, but inflation and unforeseen expenses should also be considered.

It's advisable to consult a financial advisor for a detailed plan tailored to your needs, considering inflation, tax implications, and other factors.

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Sanjeev

Sanjeev Govila  |458 Answers  |Ask -

Financial Planner - Answered on Sep 20, 2023

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Hi Sanjeev, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs. Also, is it good for retirement considering my current monthly expense us 1 lakh.
Ans: It is really great to see that you have started to plan for your post-retirement life and you have accumulated ample amount till now.

If you continue in the same way with a monthly SIP of Rs. 80,000, I am convinced that you will have enough corpus to support yourself throughout retirement.

Accumulated corpus in 8 years with monthly investment of 80,000 and present value 1.09 Crore will likely be 4.12 Crores. Rate of return considered for the calculation is 12% CAGR.

Assuming that you want to maintain your current monthly expense of ₹1 lakh in retirement, it is important to factor in inflation, which will erode the value of your money over time.

Since you have other avenues as well to support your expenses, this will help to create a heftier corpus.

Recommendations:
• Invest in a mix of equity and debt mutual funds to diversify your portfolio and reduce risk.
• Rebalance your portfolio regularly to maintain your appropriate asset allocation as per your requirement.
• Consult with a financial advisor to develop a comprehensive retirement plan.

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Ramalingam

Ramalingam Kalirajan  |8058 Answers  |Ask -

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

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Hi Abhishek, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs. Also, is it good for retirement considering my current monthly expense us 1 lakh.
Ans: Current Investment Portfolio and Future Contributions

Your proactive approach to investing is commendable. With a monthly SIP of Rs. 35,000 since 2013 and a current market value of Rs. 1 crore 9 lakhs in mutual funds and SIPs, you've laid a strong foundation.

Planning to continue investing Rs. 35,000 per month for the next 7 to 8 years adds substantial potential to your corpus.
Estimated Corpus in 7 to 8 Years

With an average annual return of approximately 12%, your additional monthly investments can significantly enhance your corpus over the specified period.

Although exact projections require detailed calculations, leveraging the power of compounding through regular investments can substantially boost your overall wealth.

Total Corpus Including Other Investments

In addition to mutual funds, you've wisely diversified your portfolio with approximately Rs. 1 crore invested in avenues like Voluntary Provident Fund, EPF, PPF, ESOPs, and pension funds.

Factoring in the growth potential of these investments alongside your mutual funds, your total corpus after 7 to 8 years could be substantial.
Evaluation of Retirement Readiness

Considering your current monthly expenses of Rs. 1 lakh, it's essential to assess whether your projected corpus would adequately support your retirement lifestyle.

Based on your anticipated corpus after 7 to 8 years and your monthly expenses, you appear to be on track for a comfortable retirement. However, regular reviews of your financial plan are crucial to ensure alignment with your retirement goals.
Final Thoughts

Your disciplined approach to savings and investments, coupled with a diversified portfolio, positions you well for a financially secure retirement. Continuously monitor your financial plan and make adjustments as needed to stay on course.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Dr Upneet

Dr Upneet Kaur  |9 Answers  |Ask -

Marriage counsellor - Answered on Feb 27, 2025

Asked by Anonymous - Feb 22, 2025Hindi
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I am a 31-year-old woman, married for 5 years, with a 3-year-old daughter and a 1-year-old son. I got married in 2019 at the age of 26, while my husband was 28. Both of us are entrepreneurs and have been running a coal business. Unfortunately, when COVID hit in 2020, our business faced significant challenges, and we have struggled to recover since then. As a result, we moved in with my in-laws. During this transition, I had my daughter and son. We've been actively trying to start a new business, but it hasn't quite come together yet. My husband recently found a job that he loves, although it doesn't pay well enough to allow us to move out. He seems content in this position because it's close to home and aligns with his passion. However, I feel frustrated because when I suggest he look for a higher-paying job to improve our situation, he is hesitant since he’s focused on pursuing what he loves. Living with my in-laws has been challenging, as our relationship has had its difficulties from the start. I'm concerned that they are unintentionally affecting my children's perspective on parenting, and they aren't able to care for the kids regularly so I can explore job opportunities, including remote work. I often feel trapped and hopeless but recognize that leaving this situation isn’t viable financially. Returning to live with my parents is also not an option due to the complicated dynamics there. Despite these challenges, I want to find a way to navigate my feelings of isolation and make progress. I would appreciate any advice or constructive suggestions on how to improve our situation and create a more supportive environment for my family and myself. Thank you.
Ans: Hello mam
I am sorry to hear about the loss your business made in covid. That time was a real challange for all of us.
Lets focus on your problem now. Mam, as now you are living with your in laws, I am sure your husband must be feeling bery secure and happy. But you may have some challanges. Diffrence of opinion always occur in joint families specially when parenting of kids are involved coz they want to raise your kids according to them which can sometime create conflicts Between the family members. Tou can discuss the matter with your husband without blaming anyone and then with his help you can talk to your in laws to support a little bit so that you can also search further for a job. This will increase your satisfaction level and you ll be happy in your family.
Think about it and try this out. I am sure it will work. Plz do tell me your feedback. Take care !
Regards
Dr Upneet kaur
Reach me : https://www.instagram.com/dr_upneet

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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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