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Ramalingam Kalirajan |10879 Answers |Ask -Follow

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

Asked by Anonymous - Apr 30, 2024Hindi

Money

My father took a loan against property worth Rs 13 lakh in 2017 at 11% PA from BOI. There are around another 6 years left in the loan tenure. The outstanding balance currently is around 850000. I want to know how I can plan on prepaying the loan by depositing some extra amounts whenever I have money. Like 20–30k where ever I have money. I want to know how this will impact the loan amount. Is this going to reduce the principal amount or interest amount, or will it reduce the tenure of the loan? Any financial expert, please help me.

Ans: It's commendable that you're considering prepaying your father's loan to reduce the financial burden and potentially save on interest payments. Let's delve into how making extra payments towards the loan can impact its terms.

Impact of Extra Payments:

Principal Reduction: When you make additional payments towards the loan, the extra amount goes towards reducing the principal balance. This means that you'll owe less on the loan, which can help you save on interest over the remaining tenure.

Interest Savings: By reducing the principal amount, you're effectively reducing the interest charged on the outstanding balance. As a result, you'll pay less interest over the remaining tenure of the loan, leading to potential savings in the long run.

Loan Tenure Reduction: While making extra payments won't directly reduce the loan tenure, it can indirectly shorten the time it takes to repay the loan. By reducing the principal balance and the total interest paid, you'll effectively accelerate the loan repayment process, which can lead to paying off the loan sooner than originally planned.

Strategic Prepayment Plan:

Regular Extra Payments: Your strategy of depositing extra amounts whenever you have money is a prudent approach. By consistently making additional payments towards the loan, you can steadily reduce the outstanding balance and expedite the loan repayment process.

Financial Planning: It's essential to assess your financial situation and prioritize prepayments based on available funds and other financial obligations. Consider creating a budget and setting aside a portion of your income specifically for loan prepayments to ensure consistency.

Communication with Bank: Before making extra payments, it's advisable to communicate with the bank to understand their prepayment policies and procedures. Some lenders may have restrictions or penalties for prepayments, so it's essential to clarify these details beforehand.

Consultation with Financial Expert:

While prepaying the loan can be beneficial, it's crucial to evaluate your overall financial situation and consider factors like other debts, emergency savings, and long-term financial goals. Consulting with a Certified Financial Planner can provide personalized guidance and help you develop a comprehensive debt repayment strategy aligned with your objectives.

In conclusion, making extra payments towards your father's loan can significantly impact the principal balance, interest payments, and overall loan repayment timeline. By adopting a disciplined approach and leveraging available funds strategically, you can work towards achieving financial freedom and alleviating the burden of debt.

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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Question by Vijy - May 19, 2024Hindi

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I have home loan of 28 Lakh for 20 years, I have paid emi for almost 2 and half year. Current interest rate is 9.5. I have plan to prepay entire loan in next 3 years. I want to know can I prepay the loan or do investment in market? Also the interest rate are very high so can I switch the bank?

Ans: It depends on your financial goals and investment profile. If you have many goals to achieve, then investments will make sense.. but if u are closer to retirement and all your goals are achieved, then prepay the loan. Also, loan refinancing is also a good option if lower interest rates are available

Ramalingam Kalirajan |10879 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 16, 2025

Question by Abhishek - May 16, 2025

Money

I have a Home Loan of Rs. 75 lakh outstanding and being a banker I get the Home Loan at concessional rate of 6% on simple interest basis. I have certain disposable income every month. Is it advisable to prepay the loans on monthly basis or utilize the disposable income towards other investment options?

Ans: You have a Rs. 75 lakh home loan.
You pay only 6% simple interest as a banker.
You also have disposable income each month.
Let’s now assess your situation from all angles.

Understanding the Advantage of Low Interest

Your loan is at just 6% simple interest.

This is a rare and low-cost loan benefit.

The interest amount does not compound yearly.

So your interest cost stays predictable and steady.

You already save more compared to normal borrowers.

Regular loans are at 9% to 11% with compound interest.

Let Your Money Work Harder Through Investing

Good mutual fund investments give 11% to 13% average return long term.

This return is higher than your 6% loan cost.

So your surplus funds can grow faster if invested.

This strategy builds your wealth efficiently over time.

Compounding in mutual funds works in your favour.

Reviewing Tax Savings from Loan Interest

Your loan interest gives you tax benefit under Section 24.

You can claim up to Rs. 2 lakh deduction yearly.

This lowers your income tax burden.

Prepaying the loan reduces future tax savings.

Investments like ELSS and PPF also save taxes separately.

Liquidity Is Key for Financial Confidence

Prepaying a loan reduces your cash flexibility.

But investments offer you liquidity when needed.

Financial emergencies need access to cash fast.

Mutual funds can be redeemed when required.

Don’t put all your surplus in loan prepayment.

Peace of Mind vs. Smart Wealth Building

Some people feel peace when loans are closed early.

It reduces psychological burden and improves sleep.

But low-interest loans are better kept and managed.

You can earn more on surplus money through investing.

Debt is not always bad when it’s manageable.

Balanced Strategy Is the Best Choice

Don’t choose only one route—balance is better.

Split your monthly surplus into two parts.

Use one part to invest in long-term growth plans.

Use the other part for partial prepayments once in a while.

This approach reduces debt and builds wealth together.

What You Should Do Now

Make sure you keep emergency savings of at least 6 months’ expenses.

Review your insurance and make sure your family is protected.

If you have LIC, ULIP or insurance-based investments, assess if they are worth holding.

If they underperform, consider surrendering and reinvesting into mutual funds.

Choose actively managed mutual funds via a Certified Financial Planner.

Avoid direct mutual funds if you are not monitoring regularly.

Regular mutual funds via a qualified CFP give you guidance and support.

Avoiding Common Mistakes

Don’t rush to become loan-free if loan is cheap.

Don’t ignore inflation and real return comparisons.

Don’t ignore wealth-building just to avoid loan.

Don’t stop investing for the sake of loan closure.

Don’t go for low-return instruments only for safety.

Other Pointers to Remember

Make sure your investments match your goals.

Consider children’s education and retirement goals.

Equity mutual funds are good for goals beyond 7 years.

Hybrid mutual funds suit medium-term goals like 3 to 5 years.

For short-term use, opt for liquid or ultra short-term funds.

Track your goals and adjust asset allocation regularly.

Taxation of Mutual Fund Gains

Long-term capital gains above Rs. 1.25 lakh are taxed at 12.5%.

Short-term gains are taxed at 20%.

For debt funds, both LTCG and STCG are taxed as per your tax slab.

These taxes are payable only when you sell the units.

So your money grows without yearly tax deductions.

Avoid Index Funds and Direct Plans

Index funds don’t give alpha or outperformance.

They follow the market but don’t beat it.

In tough markets, they fall without support.

Active funds are managed by experienced fund managers.

Direct plans lack professional support and review.

With regular plans through a CFP, you get full handholding.

Finally

Your concessional loan is a blessing. Keep using it.

Use your disposable income to create long-term wealth.

A good plan includes both investment and prepayment.

Invest for your future. Don’t just avoid loans.

Stay liquid, stay insured, and invest smartly with professional help.

Review this plan every 6 to 12 months with a Certified Financial Planner.

Build a clear plan for family goals and retirement readiness.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ramalingam Kalirajan |10879 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Aug 02, 2025

Asked by Anonymous - Jul 08, 2025Hindi

Money

my principal outstanding is 2122745 INR, and balance tenure is 138 Months, if I pay 15 lakhs as pre payment, how it will impact my loan is it a good idea or should I do something else with this amount. I do allocate my self some emergency funds and SIP of 5000 pm.

Ans: You are thinking in the right direction by planning a large prepayment.
Your clarity and intent to reduce debt show good financial awareness.
Let’s explore how Rs 15 lakhs prepayment can impact your loan.
And whether this is the best use of that money.

» Loan Snapshot and Current Scenario

– Your loan outstanding is Rs 21.22 lakhs.
– The remaining loan tenure is 138 months (11.5 years approx).
– You have Rs 15 lakhs surplus available now.
– You already maintain emergency funds.
– You are doing SIP of Rs 5,000/month.

You are in a good position to make a powerful money decision now.
Let’s assess both loan prepayment and alternate options.

» Impact of Rs 15 Lakhs Prepayment

– Rs 15 lakhs is over 70% of your outstanding loan.
– After paying this amount, loan reduces to around Rs 6.2 lakhs.
– EMI will remain same if tenure is reduced.
– Or tenure stays same if EMI is reduced.
– Ask the bank to reduce tenure. That saves more interest.
– Your new tenure may drop to just 2.5 to 3 years.
– You save lakhs in total interest cost.
– You also become debt-free early.

Loan prepayment here gives huge financial relief and peace.

» Should You Use Rs 15 Lakhs for Prepayment?

– Yes, if the interest rate is above 8%.
– Yes, if you dislike EMI stress.
– Yes, if the loan is not giving any tax benefit.
– Yes, if you are nearing any big life goals.
– Yes, if peace of mind matters more than return.

Prepaying such a big chunk gives instant control and clarity.

» Are There Better Alternatives to Prepayment?

– Let’s say you don’t prepay the loan.
– You invest Rs 15 lakhs in a mutual fund portfolio.
– You expect 10–12% return yearly.
– If your loan interest is below 8%, investment may beat it.
– But investments carry risk and market cycles.
– Debt has a fixed cost, market does not have fixed gain.
– Also, emotional stress of loan burden continues.

So, the return-vs-safety comparison must match your mindset.

» Why Partial Prepayment + Partial Investment May Work Best

– You can prepay Rs 10 lakhs from the 15 lakhs.
– This will still bring down EMI or tenure drastically.
– Remaining Rs 5 lakhs can go into mutual funds.
– Use this for long-term wealth or kids’ education.
– This way, you lower debt and grow wealth together.
– Also, you keep some liquidity instead of exhausting all.

This balanced approach gives more flexibility and control.

» What to Do If You Prepay Full Rs 15 Lakhs

– Loan reduces to Rs 6.2 lakhs.
– Keep paying same EMI. Ask lender to reduce tenure.
– You may close loan in 2.5–3 years.
– After loan closure, divert EMI amount to SIP.
– Your monthly SIP can now go from Rs 5,000 to Rs 25,000.
– This builds long-term wealth faster.
– Helps in retirement, child goals, and passive income later.

From debt EMI to wealth SIP is a smart shift.

» What If You Decide Not to Prepay At All

– Continue paying EMIs for 11.5 more years.
– You pay a large interest amount across this period.
– Rs 15 lakhs remains invested.
– You must earn over 10% to beat loan interest and tax.
– Your risk also stays higher due to market and interest cycle.
– If you are not emotionally comfortable with debt, this hurts.
– Loan also reduces your monthly flexibility.

Keeping high loan when you have funds is not ideal.

» Why Prepayment is Emotionally and Practically Better

– EMI-free life reduces mental stress.
– Prepayment gives guaranteed return = loan interest saved.
– It is tax-free saving.
– No market timing or exit load issue.
– Removes long-term liability from your books.
– Makes room for better financial decisions in future.

Peace is better than profit in many cases.

» If You Use Mutual Funds Instead of Prepayment

– You must have a long-term goal (7+ years).
– You must be okay with ups and downs in returns.
– You must review funds regularly.
– You must be invested through MFD with CFP credential.
– Direct funds must be avoided.
– Without proper guidance, you may panic during market fall.
– Active funds work better than index funds.
– Index funds don’t protect downside.
– Active funds manage risk better through fund manager actions.
– They suit people who want higher risk-adjusted returns.
– Also, long-term SIP must be added to this corpus.

Only then the fund-based alternative makes sense.

» Why You Must Not Use Direct Funds

– Direct plans don’t offer portfolio guidance.
– They don’t help you with emotional discipline.
– You miss rebalancing or tax strategies.
– In case of any error, you bear the full cost.
– A regular plan with a Certified Financial Planner adds value.
– You gain support, monitoring, and handholding in critical years.
– For SIP of Rs 5,000 or more, go with regular route.

This ensures long-term success and not just short-term savings.

» Loan Prepayment Execution Steps

– Contact your bank or lender.
– Ask for part prepayment quote.
– Confirm there are no penalties.
– Submit written request to reduce tenure, not EMI.
– Pay the amount via bank transfer.
– Collect revised amortisation schedule.
– Track CIBIL score to reflect reduced outstanding.
– Get all documents and receipts updated.
– Ensure ECS continues till loan fully closes.

These steps avoid confusion later and help record-keeping.

» After Loan Prepayment, What Should Be Your Next Focus

– Increase SIPs once EMI is saved.
– Review your insurance (term and medical).
– Create or expand emergency fund if needed.
– Allocate some for future goals like retirement, travel, or kids’ future.
– Revisit your asset allocation across debt, equity, and hybrid.
– Fix a yearly review date with a Certified Financial Planner.
– Avoid taking any fresh loan unless truly needed.

Use the freed-up EMI to build future stability.

» Review of Emergency Fund and SIP

– You already maintain emergency fund. That’s great.
– SIP of Rs 5,000/month is a good start.
– You can increase it after loan closure.
– Even Rs 20,000 more each month adds significant wealth.
– Don’t disturb SIP even if markets fluctuate.
– Keep increasing it every 6–12 months as income grows.
– Allocate SIP to long-term goals like retirement or kids’ education.

SIP is the engine for your financial independence.

» Finally

– Rs 15 lakhs prepayment will hugely reduce your loan burden.
– It saves interest and shortens the loan by many years.
– You can use full or part of the amount.
– Full prepayment gives peace.
– Partial prepayment gives peace and investment growth.
– No action is wrong, but balance is the key.
– Your financial health will improve either way.
– But don’t ignore guidance from a Certified Financial Planner.

Act today and enjoy the benefit for many years.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Reetika Sharma |417 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Sep 19, 2025

Asked by Anonymous - Sep 17, 2025Hindi

Money

Hi Gurus, I am a 29-year-old female, currently earning ₹2.5L per month. My monthly expenses are: 1. ₹20K – groceries, maid, etc. 2. ₹42,320 – home loan EMI I have a home loan of ₹1 crore, but so far only ₹50L has been disbursed to the builder, which is why my EMI is ₹42,320. Additionally, I expect to earn around ₹2L per month from a freelancing job soon (though it is not guaranteed). It would be helpful if we can consider both scenarios — with and without this additional income. The builder will likely demand the remaining ₹50L by December 2025 (although this might get extended). I currently have savings of ₹50L. I was considering prepaying my loan, but I am concerned that if I close it now, I might not be able to get the remaining ₹50L disbursed for the same house. My main question: How can I optimise my loan repayment so that my principal reduces quickly and I pay minimal interest, while still keeping the loan account active for at least another six months (so that the builder can receive the remaining disbursement)? How much should I prepay upfront to strike the right balance?

Ans: Hi,

You should not focus much on prepaying home loan and reducing principal as of now. Your simultaneous focus should be to start investing at the same time to secure your future and retirement as well. So instead of prapaying your loan, can focus on staring investing in mutual funds so as to diversify your money.

It is a very common misconception in our society to immediately buy a house on loan with job but not starting to invest.

Keep your 50 lakhs as is to pay to the builder in December or whenever he asks and continue emi of 42,320. Along with that start SIP of the same amount or at your maximum capacity to have a secured wealth as well.

Let me know in case of any requirement.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

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Hi Sir, My daughter is studying in Grade 5 and following CBSE curriculum. She wishes to join Indian Navy after her schooling. Since we are getting transfer in every three years, it is difficult for her to continue her studies in the same school. So we are planning to take admission in a boarding school with ICSE curriculum. What is your opinion or advice on this?

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Mutual Funds, Financial Planning Expert - Answered on Dec 11, 2025

Asked by Anonymous - Dec 11, 2025Hindi

Money

Hello Sir, I am 56 yrs old with two sons, both married and settled. They are living on their own and managing their finances. I have around 2.5 Cr. invested in Direct Equity and 50L in Equity Mutual Funds. I have Another 50L savings in Bank and other secured investments. I am living in Delhi NCR in my owned parental house. I have two properties of current market worth of 2 Cr, giving a monthly rental of around 40K. I wish to retire and travel the world now with my wife. My approximate yearly expenditure on house hold and travel will be around 24 L per year. I want to know, if this corpus is enough for me to retire now and continue to live a comfortable life.

Ans: You have built a strong base. You have raised your sons well. They live independently. You and your wife now want a peaceful and enjoyable retired life. You have created wealth with discipline. You have no home loan. You live in your own house. This gives strength to your cash flow. Your savings across equity, mutual funds, and bank deposits show good clarity. I appreciate your careful preparation. You deserve a happy retired life with travel and comfort.

» Your Present Position
Your current financial position looks very steady. You hold direct equity of around Rs 2.5 Cr. You hold equity mutual funds worth Rs 50 lakh. You also have Rs 50 lakh in bank deposits and other secured savings. Your two rental properties add more comfort. You earn around Rs 40,000 per month from rent. You also live in your owned house in Delhi NCR. So you have no rent expense.

Your total net worth crosses Rs 5.5 Cr easily. This gives you a strong base for your retired life. You plan to spend around Rs 24 lakh per year for all expenses, including travel. This is reasonable for your lifestyle. Your savings can support this if planned well. You have built more than the minimum needed for a comfortable retired life.

» Your Key Strengths
You already enjoy many strengths. These strengths hold your plan together.

You have zero housing loan.

You have stable rental income.

You have children living independently.

You have a balanced mix of assets.

You have built wealth with discipline.

You have clear goals for travel and lifestyle.

You have strong liquidity with Rs 50 lakh in bank and secured savings.

These strengths reduce risk. They support a smooth retired life with less stress. They also help you handle inflation and medical costs better.

» Your Cash Flow Needs
Your yearly expense is around Rs 24 lakh. This includes travel, which is your main dream for retired life. A couple at your stage can keep this lifestyle if the cash flow is planned well. You need cash flow clarity for the next 30 years. Retirement at 56 can extend for three decades. So your wealth must support you for a long period.

Your rental income gives you around Rs 4.8 lakh per year. This covers almost 20% of your yearly spending. This reduces pressure on your investments. The rest can come from a planned withdrawal strategy from your financial assets.

You also have Rs 50 lakh in bank deposits. This acts as liquidity buffer. You can use this buffer for short-term and medium-term needs. You also have equity exposure. This can support long-term growth.

» Risk Capacity and Risk Need
Your risk capacity is moderate to high. This is because:

You own your home.

You have rental income.

Your children are financially independent.

You have large accumulated assets.

You have enough liquidity in bank deposits.

Your risk need is also moderate. You need growth because inflation will rise. Travel costs will rise. Medical costs will increase. Your lifestyle will change with age. Your equity portion helps you beat inflation. But your equity exposure must be managed well. You should avoid sudden large withdrawals from equity at the wrong time.

Your stability allows you to keep some portion in equity even during retired life. But you should avoid excessive risk through direct equity. Direct equity carries concentration risk. A balanced mix of high-quality mutual funds is safer in retired life.

» Direct Equity Risk in Retired Life
You hold around Rs 2.5 Cr in direct equity. This brings some concerns. Direct equity needs frequent tracking. It needs research. It carries single-stock risk. One mistake may reduce your capital. In retired life, you need stability, clarity, and lower volatility.

Direct funds inside mutual funds also bring challenges. Direct funds lack personalised support. Regular plans through a Mutual Fund Distributor with a Certified Financial Planner bring guidance and strategy. Regular funds also support better tracking and behaviour management in volatile markets. In retired life, proper handholding improves long-term stability.

Many people think direct funds save cost. But the value of advisory support through a CFP gives higher net gains over long periods. Direct plans also create more confusion in asset allocation for retirees.

» Mutual Funds as a Core Support
Actively managed mutual funds remain a strong pillar. They bring professional management and risk controls. They handle market cycles better than index funds. Index funds follow the market blindly. They do not help in volatile phases. They also offer no risk protection. They cannot manage quality of stocks.

Actively managed funds deliver better selection and risk handling. A retiree benefits from such active strategy. You should avoid index funds for a long retirement plan. You should prefer strong active funds under a disciplined review with a CFP-led MFD support.

» Why Regular Plans Work Better for Retirees
Direct plans give no guidance. Retired investors often face emotional decisions. Some panic during market fall. Some withdraw heavily during market rise. This harms wealth. Regular plan under a CFP-led MFD gives a relationship. It offers disciplined rebalancing. It improves long-term returns. It protects wealth from poor behaviour.

For retirees, the difference is huge. So shifting to regular plans for the mutual fund portion will help long-term stability.

» Your Withdrawal Strategy
A planned withdrawal strategy is key for your case. You should create three layers.

Short-Term Bucket
This comes from your bank deposits. This should hold at least 18 to 24 months of expenses. You already have Rs 50 lakh. This is enough to hold your short-term cash needs. You can use this for household costs and some travel. This avoids panic selling of equity during market downturn.

Medium-Term Bucket
This bucket can stay partly in low-volatility debt funds and partly in hybrid options. This should cover your next 5 to 7 years. This helps smoothen withdrawals. It gives regular cash flow. It reduces market shocks.

Long-Term Bucket
This can stay in high-quality equity mutual funds. This bucket helps beat inflation. This bucket helps fund your travel dreams in later years. This bucket also builds buffer for medical needs.

This three-bucket strategy protects your lifestyle. It also keeps discipline and clarity.

» Handling Property and Rental Income
Your properties give Rs 40,000 monthly rental. This helps your cash flow. You should maintain the property well. You should keep some funds aside for repairs. Do not depend fully on rental growth. Rental yields remain low. But your rental income reduces pressure on your investments. So keep the rental income as a steady support, not a primary source.

You should not plan more real estate purchase. Real estate brings low returns and poor liquidity. You already own enough. Holding more can hurt flexibility in retired life.

» Planning for Medical Costs
Medical costs rise faster than inflation. You and your wife need strong health coverage. You should maintain a reliable health insurance. You should also keep a medical fund from your bank deposits. You may keep around 3 to 4 lakh per year as a buffer for medical needs. Your bank savings support this.

Health coverage reduces stress on your long-term wealth. It also avoids large withdrawals from your growth assets.

» Travel Planning
Travel is your main dream now. You can plan your travel using your short-term and medium-term buckets. You can take funds annually from your liquidity bucket. You can avoid touching long-term equity assets for travel. This approach keeps your wealth stable.

You should plan travel for the next five years with a budget. You should adjust your travel based on markets and health. Do not use entire gains of equity for travel. Keep travel budget fixed. Add small adjustments only when needed.

» Inflation and Lifestyle Stability
Inflation will impact lifestyle. At Rs 24 lakh per year today, the cost may double in 12 to 14 years. Your equity exposure helps you beat this. But you need careful rebalancing. You also need disciplined review with a CFP-led MFD. This will help you manage inflation and maintain comfort.

Your lifestyle is stable because your children live independently. So your cash flow demand stays predictable. This makes your plan sustainable.

» Longevity Risk
Retirement at 56 means you may live till 85 or 90. Your plan should cover long years. Your total net worth of around Rs 5.5 Cr to Rs 6 Cr can support this. But you need a proper drawdown strategy. Avoid high withdrawals in early years. Keep your travel budget steady.

Do not depend on one asset class. A mix of debt and equity gives comfort. Keep your bank deposits as cushion.

» Succession and Estate Planning
Since you have two sons who are settled, you can plan a clear will. Clear distribution avoids conflict. You can also assign nominees across accounts. You can also review your legal papers. This gives peace to you and your family.

» Summary of Your Retirement Readiness
Based on your assets and cash flow, you are ready to retire. You have enough wealth. You have enough liquidity. You have enough income support from rent. You also have good asset mix. With proper planning, your lifestyle is comfortable.

You can retire now. But maintain a disciplined withdrawal strategy. Shift more reliance from direct equity into professionally managed mutual funds under regular plans. Keep your liquidity strong. Review once every year with a CFP.

Your wealth can support your travel dreams for many years. You can enjoy retired life with confidence.

» Finally
Your preparation is strong. Your intentions are clear. Your lifestyle needs are reasonable. Your assets support your dreams. With a balanced plan, steady review, and mindful spending, you can enjoy a comfortable retired life with your wife. You can travel the world without fear of running out of money. You deserve this peace and joy.

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

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

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Question by Deepak - Dec 11, 2025Hindi

Money

whats is the future of Invesco Infrastructure fund, I am investing through SIP 2 years before and MO 500 momentum 50 index fund which is invested on NFO. kindly advise

Ans: please hold you SIP for atleast 10yrs to the value from it. MO 500 and Index are also good, you need to hold atleast for 5yrs.

Dr Nagarajan J S K |2577 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Dec 10, 2025

Asked by Anonymous - Dec 10, 2025Hindi

Career

My daughter is expecting good rank in CLAT PG 2026. She wants corporate & commercial law specialisation in LLM. Pls guide NLU preference and placements expected.

Ans: Hi Sir,

Please ask her to prepare for the exam. I have provided some suggestions below.

The order of preference for locations is as follows: Bengaluru, Hyderabad, and Kolkata. Regarding placements, I usually mention that opportunities depend more on the candidate than on the institution. For example, when operating a car, the brand is not as important as the engine and fuel; similarly, eligibility and competency are crucial factors.

Moreover, some professions may not require placements; instead, they necessitate training with seniors, which offers valuable exposure to begin entrepreneurship, especially in medicine and law. The basic requirements to start a career in medicine or law are minimal. If she receives training from experienced professionals, such as senior advocates, she can begin earning right away without waiting for placements.

Therefore, I encourage you to advise your daughter to undergo training with senior lawyers to gain insights into interpreting legal matters, as interpretation is vital in law and other fields. Instead of waiting for placements, please encourage her to pursue training.

Please convey our best wishes to her for securing a seat in the premier institute. We're confident that with serious, sincere, and systematic efforts, she will achieve supreme success!

BEST REGARDS

Mayank Chandel |2572 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Dec 10, 2025

Question by Aachal - Dec 09, 2025Hindi

Career

I am student of class 11 and have pcmb in HSC board and was preparing for jee But I am not able to handle stress so I drop jee and want to completely drop maths

Ans: Hello Aachal
check with your school if they allow to drop math in between, if they have submitted the enrollment details to the board then it will be difficult.

Samraat Jadhav |2507 Answers |Ask -Follow

Stock Market Expert - Answered on Dec 10, 2025

Asked by Anonymous - Dec 10, 2025Hindi

Money

Ipo alloted by a institutional channel primary market account. I could not complete full subscription able to fund only 51%. Period is completed. Asking me to remit the remaining amount. I am really unable to do so. What happens now to me. How to get that 51% amount without profit. Is it possible. Is there any way to get atleast my 51%. Please suggest me sir.

Ans: this is a scam, there is no such concept of partial money for IPO allotment. Please file complaint to cybercrime

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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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