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Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 12, 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
Kotte Question by Kotte on May 12, 2024Hindi
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Good evening Ramalingam sir Sir I want to take the guidence of financial planing of my investments and iam going to retire in March 2025 and getting lumpsum amount of ?20 lakhs. Kindly share your contact number for future investment planning and others to discuss clearly. Thankyou Regards Venkatesh

Ans: Good evening, Venkatesh!

Thank you for reaching out and considering our services for your financial planning needs. Planning for retirement is a significant milestone, and it's wise to seek professional guidance to ensure a secure future.

I appreciate your interest in discussing your investment plans and retirement goals. To provide you with the best assistance, please visit our website and fill out the contact form. Our team will reach out to you promptly to schedule a consultation and discuss your financial objectives in detail.

Retirement planning requires careful consideration of various factors, including your current financial situation, retirement lifestyle aspirations, and risk tolerance. Our Certified Financial Planners are here to offer personalized advice tailored to your needs and help you make informed decisions to achieve your retirement goals.

Looking forward to assisting you on your financial journey!

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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Sir, I am ready to pay your advice charges. I am near to my retirement age means another 6 years to go so want to structure my future planning. I can discuss in person more about this. Please let me know how to contact you.
Ans: You can check the details in my profile please. https://gurus.rediff.com/question/guru/ramalingam-kalirajan/137

Please search for "online financial planning & Retirement planning services with a Holistic Approach" in Google and then follow the below steps with the results.

Research: Start by researching reputable brokerage firms that offer mutual fund advisory services. Look for firms with a strong track record, experienced financial advisors, and a range of services tailored to your needs.

Consultation: Schedule a consultation with the brokerage firm to discuss your financial goals, risk tolerance, investment preferences, and other relevant factors. This initial meeting will help the advisor understand your needs and recommend suitable investment strategies.

Advisory Services: Once you've selected a brokerage firm, the advisor will work with you to develop a personalized mutual fund investment plan. They will recommend specific funds based on your financial objectives and provide ongoing guidance to help you navigate the market.

Regular Reviews: Schedule periodic reviews with your advisor to assess the performance of your mutual fund investments, review changes in your financial situation, and make any necessary adjustments to your investment strategy.


By following these steps, you can access the expertise of professional brokerages to assist you in financial planning and investment management.

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Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

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

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Sir i am 27 yrs old unmarried .i have 35L in FD 10L in ppf 15L in mutual fund 20L in stocks 5L in SGB . I have an annually income of 30L i want to retire by 40 i have brought a term insurance and health insurer. Can help me plan how to invest further and achieve my goal .Karthik banglore
Ans: Hello Karthik,

Firstly, congratulations on being proactive about planning for your retirement at such a young age. Let's delve into crafting a strategic financial plan to help you achieve your goal of retiring by the age of 40, with a focus on mutual funds (MFs) as a key component of your investment strategy.

Current Financial Position
Your current financial standing reflects a commendable level of savings and investments, providing a solid foundation for your retirement aspirations. Let's review your existing assets:

FDs, PPF, and SGB: These traditional investment avenues offer stability and security, but they might not maximize long-term growth potential.

Mutual Funds and Stocks: Investing in equities and mutual funds demonstrates your willingness to explore avenues with higher growth potential, albeit with associated market risks.

Retirement Planning Strategy
Given your ambitious retirement goal, here's a tailored approach to further optimize your investments, focusing more on mutual funds:

Asset Allocation Review:

Evaluate your current asset allocation to ensure alignment with your retirement timeline and risk tolerance. Consider reallocating a portion of your conservative investments (FDs, PPF) towards equity mutual funds for higher growth potential over the long term.
Diversification with Mutual Funds:

Explore a diversified portfolio of mutual funds across different categories:
Large-Cap Funds: These funds invest in large, well-established companies with stable performance. They offer relatively lower risk compared to mid-cap and small-cap funds.
Mid-Cap and Small-Cap Funds: These funds focus on mid-sized and small-sized companies with higher growth potential but also higher volatility. Allocate a portion of your portfolio to these funds for capital appreciation.
Flexi Cap Funds: These funds provide flexibility to invest across market capitalizations based on prevailing market conditions. They offer a balanced approach between growth and stability.
ELSS Funds: Consider investing in Equity Linked Savings Schemes (ELSS) to avail tax benefits under Section 80C of the Income Tax Act, while also benefiting from potential capital appreciation.
Regular Portfolio Monitoring:

Implement a disciplined approach to monitor and rebalance your MF portfolio periodically. Review fund performance, expense ratios, and fund manager track records to ensure they align with your investment objectives.
Systematic Investment Plan (SIP):

Utilize SIPs to invest systematically in mutual funds, enabling rupee-cost averaging and mitigating the impact of market volatility over time. Allocate your monthly investment amount across various MF categories based on your risk profile and investment horizon.
Tax Planning:

Optimize your tax efficiency by leveraging tax-saving mutual fund options such as ELSS funds. Maximize contributions to tax-deferred accounts like ELSS to reduce your taxable income and enhance overall savings.
Conclusion
In conclusion, by adopting a proactive and strategic approach to your financial planning, with a focus on mutual funds, you're well-positioned to achieve your goal of retiring by the age of 40. Continuously assess and adjust your MF portfolio to align with evolving market conditions and personal financial objectives. Remember, early retirement requires diligent planning and disciplined execution, but with careful guidance and prudent decision-making, you're on the right track to realizing your retirement dreams.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Help me!!! 1.I'm starting new "work" on my own(challenging for me) but my mind says quit it, be quite & do nothing. I myself don't know that wether the result of work will be +ive or uncompleted like alws. 2. My mind has become like order seeker type, when someone orders me, I do those things with dedicated(but sad from inside) manner. But when myself will try something different(which i fear, but necessary) then. "I QUITS IT" & sometimes I don't even start. 3. I'm like stuck no clue what/whom I want to do in life, I'm in cllg(1 yr) doing (CSE) ,. 4. I want to do/try (sports,talking girls,study,stocks,coding..) many things, but myself, my thoughts(overthinker), R like just be in the place where u are[confused,po*n,think about past/future(being billio..re,olympics..), girl (that u liked & never talked), abusive/beating self,.. sometimes feels like end life, but don't hv courage for that also.. 5. I tried self help books, spirituality, god, self affirmation, writing... & thay affected me(sometimes) but for only some time, then again that devil me comes up &these things never get completed. As no one in my family knows about all these, so that's Y ,I hv to fight/loose/try again, the battles with myself.
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Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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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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