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40-Year-Old With Debt Seeks Retirement Advice: What Should Be My Corpus at 50?

Ramalingam

Ramalingam Kalirajan  |7365 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 24, 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
KAUSTAV Question by KAUSTAV on Jul 14, 2024Hindi
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Hello Sir , I am 40 years of age with liabilities of 2 cr. . I have my own home and shop . I have invested 80lacs in PPF , 10 lacs in MFI have a monthly expenditure of 2.5 lacs approx . I can save around 2 lacs per month . I want to retire by 50 . How much corpus should I make ?

Ans: Determining the Required Retirement Corpus

1. Assess Current Financial Situation:

Liabilities: You have liabilities of Rs. 2 crores.
Current Investments: Rs. 80 lakhs in PPF, Rs. 10 lakhs in MFI.
Monthly Expenditure: Rs. 2.5 lakhs.
Monthly Savings: Rs. 2 lakhs.
2. Estimate Retirement Corpus:

Future Monthly Expenses:

You need to estimate future monthly expenses considering inflation. Given the current expenditure of Rs. 2.5 lakhs, this amount will likely increase over time.
Income Replacement:

To retire comfortably, you should aim to replace your current monthly expenses with investment income.
Investment Growth:

Factor in the expected growth of your investments. Consider a mix of equity, debt, and other assets for a balanced portfolio.
3. Consider Inflation Impact:

Inflation Adjustment:
Inflation will erode the purchasing power of your savings. Regularly review and adjust your savings and investments to counter inflation.
4. Investment Strategy:

Diversify Investments:

Continue investing in diversified mutual funds. Actively managed funds can offer better returns compared to index funds.
Increase Savings:

With Rs. 2 lakhs in monthly savings, continue to invest wisely. Increase your savings as your financial situation improves.
Regular Review:

Regularly review your investment portfolio. Make adjustments based on performance and changing financial needs.
5. Estimate Retirement Corpus:

Retirement Savings Goal:

Based on your monthly expenditure and inflation, estimate the required retirement corpus. A general rule is to have 15-20 times your annual expenses as the retirement corpus.
Emergency Fund:

Maintain an emergency fund to cover unforeseen expenses. This should be separate from your retirement corpus.
6. Seek Professional Advice:

Consult a Certified Financial Planner:
Consider consulting a Certified Financial Planner for a personalized retirement plan. They can provide detailed calculations and tailored advice.
Final Insights

To retire by 50 with your current lifestyle, aim for a substantial retirement corpus. With Rs. 2 lakhs in monthly savings and investments, focus on building a diversified portfolio. Regularly review and adjust your investments to meet your future needs. Consult a Certified Financial Planner to ensure your retirement plan is robust and achievable.

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  |7365 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 24, 2024

Asked by Anonymous - May 21, 2024Hindi
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Sir, i am 36 years old. Every month my take home salary is 70000. Already i am investment is 3500/- in sbi small cap on every month from last one year and i am in vesting 25000 in quant flexi cap, i had 1 crore term insurance and i want to retire at 45 years and how much corpus i will made?
Ans: Planning for Early Retirement: Building Your Corpus
Congratulations on your proactive approach towards financial planning and your aspiration for early retirement! Let's strategize to help you achieve your goal of retiring by the age of 45 with a sufficient corpus.

Assessing Your Current Financial Position
Income and Investments
Your monthly take-home salary of ?70,000 provides a solid foundation for savings and investment.
Currently, you are investing ?35,000 per month in SBI Small Cap Fund and ?25,000 per month in Quant Flexi Cap Fund.
Insurance Coverage
You have wisely secured a term insurance policy with a coverage of ?1 crore, ensuring financial protection for your family in case of any unforeseen events.
Estimating Retirement Corpus
Retirement Age and Expected Corpus
With the goal of retiring at 45 years, you have approximately 9 years left to accumulate a sufficient corpus for retirement.
Estimate your desired retirement corpus based on your expected expenses and lifestyle needs post-retirement.
Monthly Savings Requirement
Determine the monthly savings required to achieve your retirement goal within the specified timeframe.
Consider factors such as inflation, investment returns, and risk tolerance when projecting your savings target.
Investment Strategy for Early Retirement
Asset Allocation
Review your current investment portfolio and asset allocation to ensure alignment with your retirement objectives.
Consider diversifying across different asset classes to spread risk and optimize returns.
Risk Management
Evaluate the risk-return profile of your investment portfolio and make adjustments based on your risk tolerance and time horizon.
Ensure a balanced approach to risk management, considering both growth-oriented and stable investment options.
Retirement Planning Considerations
Lifestyle Expectations
Assess your post-retirement lifestyle expectations and determine the level of income required to maintain your desired standard of living.
Account for factors such as healthcare expenses, travel, and leisure activities when estimating your retirement budget.
Long-Term Financial Security
Plan for long-term financial security by incorporating provisions for healthcare expenses, inflation, and unexpected contingencies into your retirement plan.
Consider setting aside a contingency fund to cover emergencies and unforeseen expenses during retirement.
Conclusion: A Path to Financial Freedom
By adopting a disciplined savings and investment approach, you can work towards achieving your goal of early retirement with confidence and financial security.

Seek Professional Guidance
Consult with a Certified Financial Planner (CFP) to develop a customized retirement plan tailored to your specific needs and objectives. A CFP can provide personalized advice and guidance to help you navigate the complexities of retirement planning and ensure a smooth transition into your golden years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7365 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 06, 2024

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Hello Sir , I am 32 years of age with no liabilities . I have my own home and office . I have invested 20 lacs in NSC , 19 lacs in share market , 20lacs in PPF , 25 in FDR , 1 lacs in MFI have a monthly expenditure of 1 lacs approx . I can save around 1 lacs per month . I want to retire by 50 . How much corpus should I make ?
Ans: At 32, you have a solid foundation with no liabilities, a home, and an office. With Rs. 20 lakhs in NSC, Rs. 19 lakhs in the share market, Rs. 20 lakhs in PPF, Rs. 25 lakhs in FDR, and Rs. 1 lakh in MFI, you’re on the right track. Your monthly expenditure is Rs. 1 lakh, and you can save Rs. 1 lakh monthly. Now, let's create a plan to help you retire by 50 with a comfortable corpus.

Understanding Your Financial Situation
Current Investments:

NSC: Rs. 20 lakhs
Share Market: Rs. 19 lakhs
PPF: Rs. 20 lakhs
FDR: Rs. 25 lakhs
MFI: Rs. 1 lakh
Monthly Savings:

Expenditure: Rs. 1 lakh
Savings: Rs. 1 lakh
Setting Retirement Goals
To retire by 50, you need a significant corpus to sustain your lifestyle. Here's how to determine your target corpus:

1. Estimate Retirement Expenses:

Your current monthly expenditure is Rs. 1 lakh. Considering inflation, expenses will rise over time. Let's assume an inflation rate of 6% per annum.

2. Duration of Retirement:

If you retire at 50 and live till 80, you need funds for 30 years.

3. Calculate Retirement Corpus:

We need to account for inflation-adjusted expenses and potential investment returns. A rough estimate suggests you might need around Rs. 10-12 crores.

Building Your Retirement Corpus
1. Maximize Existing Investments:

NSC: National Savings Certificate (NSC) offers fixed returns and is a safe investment. However, it lacks the potential for high growth.

Share Market: Your Rs. 19 lakhs in the share market can grow significantly if well-managed. Diversify your portfolio to balance risk and return.

PPF: Public Provident Fund (PPF) is excellent for tax-free, safe returns. Continue investing here for stable growth.

FDR: Fixed Deposit Receipts (FDR) provide security but lower returns. Consider shifting some funds to higher-yield investments.

MFI: Microfinance Institution (MFI) investments can be risky. Monitor closely and consider reallocating if needed.

2. Start SIPs in Mutual Funds:

Systematic Investment Plans (SIPs) in mutual funds are ideal for long-term wealth creation. Here’s why:

Disciplined Investing: SIPs ensure regular investments.
Rupee Cost Averaging: Invests across market cycles, reducing risk.
Compounding: Reinvested returns generate more returns.
Diversification: Spreads risk across various sectors.
Choosing the Right Mutual Funds:

Equity Funds: High returns, suitable for long-term goals. Invest 60-70% in diversified equity funds.
Debt Funds: Lower risk, stable returns. Invest 20-30% for stability.
Hybrid Funds: Mix of equity and debt. Invest 10-20% for balanced growth.
3. Regularly Review and Rebalance:

Monitor your investments to ensure they align with your goals. Review annually and rebalance if necessary to maintain your desired risk level.

Tax Planning
1. ELSS Funds: Equity-Linked Savings Scheme (ELSS) offers tax benefits under Section 80C. Continue or start investing for dual benefits of tax saving and equity growth.

2. PPF: Continue your PPF investments for tax-free, stable returns.

3. Other Instruments: Explore NPS and other tax-saving instruments to optimize your tax liability.

Insurance Planning
1. Life Insurance: Ensure adequate life insurance to cover liabilities and provide for dependents.

2. Health Insurance: Comprehensive health insurance is crucial to cover medical expenses and safeguard savings.

Education and Contingency Planning
1. Education Fund: If you plan to have children, start an education fund early. Consider child-specific mutual funds or a mix of equity and debt funds.

2. Emergency Fund: Maintain an emergency fund covering 6-12 months of expenses. Keep it in liquid funds or savings accounts for easy access.

Final Insights
Achieving a secure retirement requires disciplined planning and smart investing. Here’s a summary of your action plan:

Action Plan Summary:
1. Evaluate Current Investments: Review NSC, share market, PPF, FDR, and MFI investments.

2. Start SIPs: Invest Rs. 1 lakh monthly in a mix of equity, debt, and hybrid funds.

3. Maximize Tax Benefits: Utilize ELSS, PPF, and other tax-saving instruments.

4. Ensure Insurance Coverage: Adequate life and health insurance.

5. Build Education and Emergency Funds: Separate funds for children’s education and emergencies.

6. Regular Review: Annually review and rebalance your portfolio.

By following this comprehensive plan, you can build a robust retirement corpus and ensure a secure financial future.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7365 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 08, 2024

Asked by Anonymous - Jul 31, 2024Hindi
Money
Hi sir, I have net salary of 2.5L per month and am 48 year old with 2 children aged 16 and 14. I have a EPF corpus of 60 lakhs , NPS 20 lakhs, 10L in stocks,MF portfolio of 15L,invest 50k monthly in MF SIPs. I own a house(loan free), have other outstanding loans of 8 lakhs. I have family floater medical insurance with 30L coverage and life cover for 1.5Cr. I wish to retire by age of 50 - pls advise how much corpus do I need at hand to retire.consider my monthly expense as 60-70k
Ans: Current Financial Situation

Your current financial position is strong. You have a good salary and a solid investment portfolio. Owning a loan-free house adds security. Your EPF, NPS, and SIP investments are well-planned. The life and health insurance coverage is also comprehensive. However, retiring at 50 requires careful planning, especially considering your children’s future needs.

Assessing Your Retirement Needs

To determine your required retirement corpus, several factors must be considered:

Monthly Expenses Post-Retirement: Currently, your expenses are Rs. 60k-70k monthly. This will likely increase with inflation. At an estimated 6% inflation rate, your monthly expenses might double in 12 years.

Retirement Age: You plan to retire in two years at 50. This is an early retirement, so your corpus needs to last longer, possibly 35-40 years.

Children’s Education: Your children are 16 and 14. Higher education costs can be significant in the next few years. Allocating funds for their education is crucial.

Lifestyle Post-Retirement: Consider how your lifestyle might change. Will you travel more? Will healthcare needs increase? These factors affect your corpus requirement.

Estimating the Retirement Corpus

Based on your current expenses and future needs, your retirement corpus should be substantial. Here’s a simplified approach to calculating it:

Inflation-Adjusted Expenses: Your current expenses of Rs. 60k-70k monthly could rise to around Rs. 1.2 lakh monthly by the time you retire. Over a 35-40 year retirement period, this requires a significant corpus.

Healthcare Costs: As you age, healthcare costs will likely increase. While your insurance covers a significant amount, out-of-pocket expenses can still be high.

Children’s Future: Your children’s higher education and potential marriage costs must be factored in. This could be an additional Rs. 50-60 lakhs or more.

Lifestyle and Emergencies: Maintaining your current lifestyle and being prepared for emergencies is essential. This could add another Rs. 50 lakhs to your corpus requirement.

Considering these factors, a retirement corpus of approximately Rs. 10-12 crores might be necessary. This should be enough to cover your monthly expenses, healthcare, and any unforeseen costs. This estimate ensures a comfortable and secure retirement, even if you live longer than expected.

Optimizing Your Investments

To reach this corpus in two years, maximizing your investments is critical:

Increase SIP Contributions: Currently, you invest Rs. 50k monthly in SIPs. Increasing this amount, if possible, will help grow your corpus faster.

Focus on Growth-Oriented Funds: With a two-year horizon, investing in funds with higher growth potential can be beneficial. While these are riskier, they offer better returns.

Review Your Portfolio: Regularly review your mutual fund portfolio. Ensure it’s aligned with your retirement goals and risk tolerance.

Debt Reduction: Paying off the remaining Rs. 8 lakh loan should be a priority. Reducing debt will lower your financial burden in retirement.

NPS and EPF Utilization: Your EPF and NPS together amount to Rs. 80 lakhs. These are crucial components of your retirement corpus. However, they may not be enough alone, so continue to build on them.

Healthcare and Insurance Planning

Adequate Coverage: Your current health coverage of Rs. 30 lakhs is good. But, it might not be enough in later years due to rising medical costs. Consider enhancing your coverage or adding a super top-up plan.

Life Insurance: Your Rs. 1.5 crore life cover is substantial. Ensure it’s sufficient to cover your family’s needs if something happens to you before or after retirement.

Retirement Lifestyle and Goals

Post-Retirement Activities: Think about how you want to spend your retirement. If you plan to pursue hobbies or travel, these will need additional funds.

Part-Time Work: If full retirement seems challenging, consider part-time work or consulting. This can supplement your income and keep you engaged.

Final Insights

Retiring at 50 is ambitious, but achievable with careful planning. You should aim for a retirement corpus of Rs. 10-12 crores to cover all your future needs. Maximizing your investments, reducing debt, and planning for healthcare are key steps. Regular reviews with a Certified Financial Planner will help ensure your financial plan stays on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7365 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Sep 09, 2024

Asked by Anonymous - Sep 09, 2024Hindi
Money
Hi sir, I have net salary of 2.7L per month and am 46 year old with 2 children aged 12 and 6. I have a EPF+PPF corpus of 65 lakhs , NPS 5 lakhs, 1CR in MF portfolio, invest 50k monthly (Which is on Hold currently) in MF SIPs. I own a house 65L(loan free) & another house 2CR have outstanding loans of 1CR. I have family floater medical insurance with 20L coverage and life cover for 1Cr. I wish to retire by age of 55 - pls advise how much corpus do I need at hand to retire. Consider my monthly expense as 1L
Ans: You are 46 years old with a net salary of Rs. 2.7 lakh per month. You have two children, aged 12 and 6, and a current corpus of Rs. 65 lakh in EPF and PPF, Rs. 5 lakh in NPS, and Rs. 1 crore in your mutual fund portfolio. Additionally, you own two properties, one valued at Rs. 65 lakh (loan-free) and another valued at Rs. 2 crore, with an outstanding loan of Rs. 1 crore. Your current monthly expenses are Rs. 1 lakh, and you have paused your monthly SIP of Rs. 50,000. You also hold a life insurance cover worth Rs. 1 crore and a family floater medical insurance with Rs. 20 lakh coverage.

You plan to retire by the age of 55, which gives you approximately nine years to build a sufficient corpus. Let's explore how much you need to comfortably retire while sustaining your current lifestyle.

Estimating Your Retirement Corpus
To determine your retirement corpus, we need to consider several factors:

Current monthly expenses: Rs. 1 lakh
Retirement age: 55
Post-retirement years: Assuming life expectancy of 85 years, you need to plan for 30 years post-retirement.
Inflation rate: An assumed inflation rate of 6% per year is a reasonable estimate for the future.
Growth rate of investments: Typically, diversified equity mutual funds have delivered around 10-12% returns over the long term.
Based on these factors, your current monthly expenses will increase due to inflation, and you need a corpus that generates enough to cover these rising costs. Since your expenses are Rs. 1 lakh today, they could double or triple over time. Your corpus should be able to sustain this without depleting prematurely.

Breakup of Current Assets
EPF & PPF (Rs. 65 lakh): These are stable, low-risk assets that will help you post-retirement but won't generate high returns.

NPS (Rs. 5 lakh): Provides tax benefits and is specifically designed for retirement savings. It will grow over time but is not highly flexible for withdrawals until retirement age.

Mutual Funds (Rs. 1 crore): This is an excellent foundation for your retirement plan. Equity mutual funds, in particular, have the potential to grow at a faster rate and combat inflation.

Real Estate (Rs. 65 lakh + Rs. 2 crore): While real estate holds value, its liquidity is limited. The house you live in does not contribute to your retirement corpus unless you plan to downsize. The second house has a loan of Rs. 1 crore, and the EMIs for this property must be factored into your pre-retirement cash flows.

Life Insurance (Rs. 1 crore): While it’s important for your family’s protection, this doesn’t contribute to your retirement corpus.

Estimating Your Future Monthly Expenses
Your current monthly expense is Rs. 1 lakh, but due to inflation, this figure will increase. Let’s assume the inflation rate remains at 6%. By the time you retire at 55, your monthly expenses will likely double or triple, reaching anywhere between Rs. 1.7 lakh to Rs. 2 lakh per month. Your retirement corpus should be large enough to generate this amount without running out of funds.

In addition, you’ll have to account for:

Healthcare costs: As you age, medical expenses tend to rise. Even though you have Rs. 20 lakh family floater insurance, post-retirement medical costs not covered by insurance should be factored in.

Educational expenses: Your children’s education could be a significant expense over the next 10 to 15 years.

Corpus Required for Comfortable Retirement
To maintain your current lifestyle, you would need a corpus that generates at least Rs. 2 lakh per month during retirement. Based on a withdrawal rate of 4%, which is commonly used to ensure the corpus lasts for the entirety of your retirement, you’ll need a retirement corpus of approximately Rs. 6 to 7 crore.

This corpus will ensure that you can comfortably cover your rising living expenses, healthcare, and other unforeseen costs without depleting your savings.

Recommendations to Achieve the Corpus
Here’s a detailed plan to help you achieve your target of Rs. 6 to 7 crore before retirement:

1. Resume Your SIP Investments
Restart your monthly SIP of Rs. 50,000 immediately. This is crucial, as equity mutual funds can provide the high returns needed to meet your retirement goal.

Consider increasing your SIP contribution each year in line with salary increments. This will accelerate your corpus growth and help you fight inflation more effectively.

2. Focus on Equity Mutual Funds
Given your long-term horizon (9 years until retirement), equity mutual funds remain the best investment option to grow your wealth. These funds have historically provided higher returns (10-12% CAGR), which will be essential for building your retirement corpus.

Ensure your portfolio is diversified across large-cap, mid-cap, and multi-cap mutual funds for balanced growth and risk.

3. Debt Repayment Strategy
You currently have an outstanding home loan of Rs. 1 crore. It’s advisable to clear this debt as early as possible. Carrying such a large debt into retirement can strain your finances.

Use a portion of your liquid assets, such as your mutual fund corpus or any bonuses, to reduce the loan burden gradually. This will free up cash flow and allow you to focus more on building your retirement fund.

4. Maximize Your EPF & PPF Contributions
Continue contributing to your EPF and PPF accounts. While the returns from these are modest, they are low-risk and provide tax-free returns, making them ideal for post-retirement stability.

As PPF matures, consider reinvesting the proceeds into equity mutual funds to capitalize on higher returns.

5. Increase Contributions to NPS
Your NPS balance is currently Rs. 5 lakh. Increase your contributions to this as it provides excellent tax benefits and is tailored for retirement.

NPS is also one of the few products where withdrawals are partially tax-free. Increasing contributions now will give you a more substantial corpus in the future.

6. Prioritize Children’s Education
Plan separately for your children’s education expenses. You might want to use specific child education funds or a combination of mutual funds for this.

Avoid dipping into your retirement savings for education purposes. Set clear boundaries between these two financial goals.

Final Insights
At 46, you are well-positioned financially, but pausing your SIP investments and holding onto a large loan could hinder your retirement plans. Restart your investments and focus on paying off your loan as soon as possible. By maintaining discipline and increasing your contributions to SIPs, NPS, and PPF, you should comfortably achieve your retirement corpus of Rs. 6 to 7 crore. Prioritize growth-oriented investments like equity mutual funds, and continue evaluating your portfolio annually to ensure it aligns with your retirement goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Anu

Anu Krishna  |1413 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 28, 2024

Asked by Anonymous - Dec 27, 2024Hindi
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Relationship
I live in a joint family with my brother and parents. I’ve been having a hard time managing my relationship with my bhabhi (sister-in-law). We live in the same house, and things have been tense lately. I’ve always tried to be polite and respectful, but there are constant little misunderstandings between us, and it’s starting to affect my peace of mind. We both want to keep things cordial for the family’s sake, but it feels like there’s always some tension whenever we interact. The problem is, I tend to get defensive whenever she says something I don’t agree with, and I know it’s only making things worse. I’m also trying to stay calm in front of everyone, but it’s hard not to let these small issues build up in my head. I really don’t want to keep feeling frustrated, but I don’t know how to change my approach. I love my brother and I want to improve the atmosphere at home and make sure I’m not letting these things affect me so much. Please help.
Ans: Dear Anonymous,
Joint family systems are filled with adventure and these things that you have brought up are part of that adventure.
Take things as they come and make sure you train yourself not to react...is this possible? YES, it is!
Let's say your Bhabhi accuses you of something, maybe your first reaction is to get defensive and explain or argue. Instead, what if you trained yourself to say: Okay, she's again accusing me of something; let's see what is the new thing that she has invented and let me have fun by simply listening.

This will ensure that your part of adventure gets playful and it will also enable you to respond rather than react. Now, does this happen overnight? NO, it requires a lot of mind training but start somewhere to get to someplace different.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Anu

Anu Krishna  |1413 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 28, 2024

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Hi, I Am 26(M). I had an arranged marriage, my wife had a pre-marital affair which continued even after our engagement and for 9 months of marriage. According to my wife, she met him once and he wanted to have sex but my wife didn't do it. (The used to chat on Instagram). I found out today after 2 years of marriage. And we just had a baby. My wife asked me to use Instagram after we got engaged, but I refused because I was afraid it would have a bad effect on her. I don't even use it cause I know what can go wrong. When I caught her red-handed and saw the man's chats, I took her phone. And then I had read a little chat, then my wife came to me and said that she had to call our maid. I gave her the phone and she not only spoke on the phone but also deleted the chats with the guy. My eyes were closed when she spoke to maid on the phone. Cause I was so tired. Then I asked my wife to talk to him in front of me because I wanted to teach him a lesson and find his fiancée and tell her the truth. I'm very loyal to my wife. And she was my world. I've never had a girlfriend. I am open minded and I had asked my wife before the engagement, after the engagement on the phone and even after the marriage that if she had a past, I will accept it. My wife messaged him and he asked her talk on video call. The guy also knows that we have just had a baby who is not even 1 month old. I turned on the screen recording of the video call and gave it to my wife. In that screen recording, my wife texted the guy and told him to talk carefully cause I was sitting in front of her and then deleted the message with option of 'delete for you' on Instagram. This is how my wife cheated on me 2 times even after being caught. She told me that she loved me later on. And she took great care of me. She brought me out of depression. She did everything and I also loved her with all my heart and did everything for her. Right now she is saying I forgive her and she wants to live with me like before. She apologized a ton as well. But I don't know what to do at the moment. After so many lies, I can't trust her easily. She has a habit of lying in small things as well. I want to live with her, she was my support, my mother is not even there. when I was 12 years old... Now what do I do? Please kindly guide me!
Ans: Dear LoneKnight,
Yes, you feel like your trust has been broken. Is it easy to build back that trust? Yes and No...Yes, if you wish to...No, if you don't wish to...
If you go back in time and play the same story about how you wife was on Instagram and how she 'cheated' on you, there is no way that you can put your marriage back together.
How are you open-minded when an Instagram account causes you to fear what will happen? I can understand that you are a person with no past girlfriends but people do come with a past. Now, your wife could have shared her past with you, but most women seem to not want to for fear of reaction from the men like you have now. I can see that all this has hurt you, but if you want this marriage to work, you are going to have to drop all the past baggage, yours and your wife's and start afresh. Which means taking things for what it is NOW at face value without doubting it.
Can you do that? My suggestion would be: make an honest attempt at it. But warn yourself against going back in to the past otherwise there will be more mud throwing and no solution in sight.
Start new, Start afresh...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Anu

Anu Krishna  |1413 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 28, 2024

Asked by Anonymous - Dec 25, 2024Hindi
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Relationship
Hi Anu, Im a returning NRI post 20 years having lived abroad. Wasnt sure if I would ever have come on this platform but yes I have . I have been involved with a girl in India for the past 6 years , we both are in our end 40's shes 47 and i will be turning 50 next year. On my bi annual visits we have been meeting, getting physical and share almost everything. There was nothing hidden between us, frank discussions about life, menopause, family issues, support for each other and a lot of love flowing, gifts exhanged both ways , always there for each other and so on. For the past 5 years she was out of a job but now has started working again since the past 7 months or so. Happy for her. I made a decision to take early retirement and head back home , a purely personal choice and spend more time with her. Its just that now when im back and expressed my desire to visit her , i feel shes a bit hesitant, we stay in different cities. I was pretty stunned when I initially planned to see her around the christmas week but she cited follow up prayers for a close family member who had passed away a couple of years back and her unavailabilty. Moreso the dates I had proposed she was unsure of committing time during that period and I let it pass. I was pleasantly surprised and also hurt that during those specific days , shes taking off for a short vacation citing she needs to recharge. Not sure what I should make out of this. Our conversations since my return have been short, messaging not that frequent but overall i feel the thrill that used to be there earlier is missing from her end. I cant understand -:), all was good till a month back. Simply put I dont wanna confront her, its her life after all but just need some advise : is this normal hormonal changes or do u feel its something more and I shud let go. Yeah I know its gonna be difficult for me but some closure I need.
Ans: Dear Anonymous,
Your partner/lady seems to be one of those who is happy with a virtual relationship and all the perks in it. It gets easy as there is no commitment within that relationship; at least that's how it reads to me from your post.
It's possible that in her mind she must have thought that the long distance thing works better. Now that you are back, it's possible that you might ask her that the two of you move things further as in a COMMITMENT.
So, maybe you must initiate a conversation with her and be very clear as to what you want from her and the relationship. And also listen patiently to what she has to say. She may not want to pursue a commitment and this is something that you must prepare yourself to hear!
Is this all stemming from a hormonal change? Well, it's strange because a month back things were all good; so where were these hormonal changes back then? So, no...Do have that honest conversation and see where it goes...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Ramalingam

Ramalingam Kalirajan  |7365 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 28, 2024

Asked by Anonymous - Dec 27, 2024Hindi
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Hi Team, I am 30 and have below SIPs. Please review them and let me know if i have to make any changes. Hdfc large & Mid cap fund - 5000 Motilal Oswal Mid cap fund - 5000 Kotak infrastructure and eco fund - 2000 PGIM India Mid Cap Opportunities Fund- 5000 SBI Contra -1500 Motila Oswal business cycle fund-3000 Focus is to continue SIP for longterm
Ans: Your portfolio reflects a proactive approach to wealth creation. Each fund serves a distinct purpose. Let's assess and optimise your investments for long-term growth.

Strengths of Your Current Portfolio
Diverse Investment Strategy: Your funds cover multiple segments like large-cap, mid-cap, and thematic investments.

Long-Term Focus: A consistent SIP approach aligns with compounding benefits and market cycles.

Mid-Cap Exposure: Allocating significant SIPs to mid-cap funds positions your portfolio for growth.

Inclusion of Thematic Funds: Thematic funds add sectoral focus, offering opportunities in specific growth areas.

Areas for Improvement
Concentration in Mid-Cap Funds: A high allocation to mid-cap funds can increase volatility. Diversification is key.

Overlapping Thematic Focus: Funds with sectoral or cyclical focus may overlap in strategy.

Balance Between Growth and Stability: Adding more stability-focused funds can protect the portfolio in downturns.

Fund-Specific Observations
Large and Mid-Cap Fund
This fund balances growth and stability.

Retain this allocation for consistent returns and risk management.

Mid-Cap Funds
Significant allocation to mid-cap funds is growth-oriented.

Review performance and overlap to avoid redundancy.

Consider reallocating some amount to flexi-cap funds for diversification.

Thematic Infrastructure Fund
Sector-focused funds can be volatile and dependent on market cycles.

Limit thematic exposure to 10% of your overall portfolio.

Monitor this fund closely to ensure it aligns with your goals.

Contra and Business Cycle Funds
Both funds are contrarian and cyclical in nature.

Overlapping strategies may lead to concentration risk.

Retain one fund and reallocate the other to a balanced or flexi-cap fund.

Recommendations for Portfolio Optimisation
Enhance Diversification
Add a balanced allocation to large-cap or flexi-cap funds for stability.

Diversification reduces risk and enhances long-term returns.

Monitor and Evaluate Performance
Regularly review fund performance to ensure alignment with goals.

Replace underperforming funds without hesitation.

Adjust Thematic and Sectoral Exposure
Limit thematic funds to a smaller portion of your portfolio.

Sector-focused funds are cyclical and require active monitoring.

Tax-Efficiency
Long-term equity fund gains above Rs. 1.25 lakh attract 12.5% tax.

Short-term gains attract a 20% tax.

Consider tax efficiency while planning redemptions.

Importance of Regular Funds
Direct funds lack personalised guidance and portfolio tracking.

Investing through a Certified Financial Planner ensures regular reviews and professional advice.

Regular funds offer value-added services and align with long-term goals.

Final Insights
Your portfolio is well-structured for long-term growth but needs refinement.

Reduce concentration in mid-cap and thematic funds for better risk management.

Increase exposure to diversified and balanced funds for stability.

Seek professional guidance to optimise performance and adapt to market trends.

Your disciplined SIP approach will reward you over time. Stay consistent and review periodically.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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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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