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Ramalingam Kalirajan  |60 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Oct 26, 2023

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 - Oct 18, 2023Translate
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IT engineer 45 yrs old. I and wife earn 80L per year. 1.25L monthly investment in SIP. Current Mutual fund networth is 70L. We have company esops worth 7-8CR. Have 2 kids of age 14 yrs. Willing to retire by 50 yrs of age. Willing to secure - Kids education, kids marriage, health insurance and monthly income 2-3L How much corpus we need before retiring.

Ans: How much corpus needed depends on what kind of monthly income you are expecting during your retirement.

BTW, esops 7-8 crores , need to be definitely diversified. Your employment income and investment income should not be from the same source. This increases your overall risk.
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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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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