Hello Sir I am an NRI and I still have an old SB account in India. I have not changed it to NRO or NRI account. I have a Demat account and investments in demat throgh this SB account. And I am still investing in shares through this demat a/c. Now is it better to change the account to NRI account and also update the demat account or can I continue as it is till I shift back to India?. I am not sure if it is that simple. What are the implications please explain.

Ans: From what you’ve shared, this isn’t just a one-time struggle. It’s a pattern where your desires and emotional connections are consistently overruled by parental control. That doesn’t just impact your relationships—it chips away at your autonomy, your confidence in making life decisions, and ultimately, your sense of self.

Let’s take a step back. It sounds like your parents operate from a space of fear, control, or perhaps even cultural conditioning—believing they know what’s “best” for you, even when that means disregarding your emotions. But here’s the truth: you are the one who has to live with the choices made in your life. Not them. You’re not doing something wrong by loving someone. You’re not “disobedient” because you want a say in your own future.

That being said, when you’ve grown up in a strict household, especially where obedience is confused with love, it can be incredibly hard to assert your independence without feeling crushing guilt or fear. But you need to ask yourself: What kind of life will I have if I continue to silence my heart to please others?

This doesn’t mean you need to make a drastic decision right away. But you do need to begin slowly reclaiming your emotional power. Start by asking: do I want to live in a way that makes others comfortable but leaves me emotionally unfulfilled? Or do I want to begin building the courage to live life on my own terms, even if it means disappointing people?

Your education is important, yes—but love and education are not mutually exclusive. Healthy relationships can actually support your growth, help you manage stress, and increase your emotional resilience. If your boyfriend is kind, supportive, and genuinely wants to see you thrive, that’s a blessing, not a burden.

One path you might consider is gradually building emotional boundaries with your parents—not out of rebellion, but from a place of self-respect. That might look like choosing not to share every personal detail with them, or gently but firmly asserting that your relationship is your private choice. It might mean seeking financial or emotional independence so that your choices aren't controlled by fear of what they’ll do or say.

It won’t be easy—but here’s the truth: choosing yourself doesn’t mean you don’t love your parents. It means you also love yourself.

Ans: The answer isn’t as simple as leaving one life and stepping into another. It’s about honoring your truth while being mindful of the emotional ripple effect, especially on your child. But you also must ask: Can I keep living this way, feeling disconnected and emotionally starved, simply because it’s what’s expected of me? More importantly, what kind of life do I want my son to see me living?

Children are incredibly perceptive. They learn what love looks like not just by how they are treated, but by observing how love is modeled around them. Growing up in a house where emotional distance is the norm can quietly shape their beliefs about relationships. On the flip side, seeing you pursue emotional fulfillment and healthy love can show him that joy, mutual respect, and connection matter—and that it’s okay to change paths when something isn’t working.

Before making any life-altering decisions, it’s crucial to explore your options with clarity. Counseling can be immensely helpful—not necessarily couples counseling, but individual therapy to work through the emotional layers of guilt, confusion, and pressure. It can also prepare you emotionally if you decide to move forward with ending your marriage.

It’s also essential to understand the potential legal, familial, and cultural implications if you choose separation or divorce. Seek guidance not just from an emotional well-being perspective, but also from a legal standpoint. Surround yourself with people who support your healing and growth, whether that’s friends, a therapist, or a coach.

Ultimately, you deserve a life where you feel seen, valued, and emotionally safe. You deserve to model happiness, not sacrifice, for your child. And you deserve to make choices not out of fear, but out of love—for yourself, and for the life you wish to create.

Ans: Earning money is a very important goal for everyone. Let’s look at some clear and easy-to-understand ways.

I will keep each point simple, short, and useful.

 

 

1. Earn Through Job or Profession

This is the first and most common way.

 

Study well or learn a skill.

 

Get a job or start a service.

 

Work regularly. Get monthly salary or fees.

 

 

2. Earn From Business

If you don’t want a job, you can start a small business.

 

Sell products or services.

 

Begin with small investment. Grow step by step.

 

Keep costs low. Serve customers well.

 

 

3. Earn Through Freelancing

If you have a skill, work online.

 

Offer writing, coding, design, or editing.

 

Use platforms like Upwork, Fiverr, Freelancer.

 

Earn in rupees or dollars from home.

 

 

4. Earn Through Investments

Invest money in mutual funds or deposits.

 

Get monthly income through SWP.

 

Let your money work and grow.

 

Start with safe funds. Take help of a Certified Financial Planner.

 

 

5. Earn From YouTube or Social Media

Make videos or posts on what you know.

 

Teach, entertain or share ideas.

 

Build an audience. Earn from ads, sponsors, and products.

 

Takes time. Needs patience and good content.

 

 

6. Earn By Renting Assets

If you have a house or shop, you can rent it.

 

Earn monthly rental income.

 

If you have tools, car, or camera, rent them too.

 

Use safely. Maintain everything well.

 

 

7. Earn By Selling Items Online

Make or collect items to sell.

 

Use Amazon, Flipkart, or your own website.

 

Sell clothes, toys, food, crafts, or books.

 

Keep prices fair. Deliver on time.

 

 

8. Earn From Teaching or Coaching

If you are good at something, teach others.

 

Conduct online or offline classes.

 

Teach school subjects, yoga, music, cooking or language.

 

Charge fees for each session or month.

 

 

9. Earn Through Writing or Blogging

Start a blog on what you love.

 

Write clearly. Help readers.

 

Monetise using ads or sponsored posts.

 

Publish eBooks. Earn royalty.

 

 

10. Earn From Long-Term Investments

Invest for long-term in mutual funds.

 

Over time, get wealth and income both.

 

Avoid gambling, trading, or quick money schemes.

 

Always plan with a Certified Financial Planner.

 

 

Finally

There are many ways to earn. You need time, effort and planning. Choose what suits you best. Use your skills, money, and energy wisely.

Keep learning. Stay honest. Be patient.

That is the secret to steady and strong income.

 

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

Ans: Wanting regular income from investments is a practical and necessary goal. A Systematic Withdrawal Plan (SWP) is one powerful option. It helps you withdraw money monthly from your mutual fund investments. But before you commit Rs. 20 lakhs to SWP, let’s study it from every angle.

Let us understand how SWP works, its safety, usefulness, and risks—clearly and completely.

 

 

What is SWP in Simple Words?

SWP is a feature in mutual funds.

 

It allows you to withdraw a fixed amount every month.

 

The money comes from your own investment in the fund.

 

The remaining amount stays invested in the fund.

 

That balance keeps growing with market performance.

 

It is the opposite of SIP. SIP adds money. SWP gives money back to you.

 

 

How Does It Work in Practice?

Suppose you invest Rs. 20 lakhs in a mutual fund.

 

You set up a SWP of Rs. 25,000 per month.

 

Every month, Rs. 25,000 is credited to your bank account.

 

This continues until you stop or your investment runs out.

 

The remaining capital continues to earn market returns.

 

If the fund performs well, your capital may grow despite withdrawals.

 

If the fund performs poorly, your capital may reduce faster.

 

 

Where Should You Invest for SWP?

Choose equity-oriented hybrid or balanced mutual funds.

 

These funds aim for stable and moderate growth.

 

Avoid high-risk funds like small-cap for SWP needs.

 

Avoid pure debt funds too. They may not beat inflation.

 

Select actively managed funds only.

 

Index funds are not suitable here.

 

Index funds have no human control. They just copy markets.

 

In falling markets, they provide no cushion.

 

Actively managed funds adjust risk and protect capital better.

 

A Certified Financial Planner can help choose suitable funds.

 

 

Is SWP Safe for Rs. 20 Lakhs?

SWP is not a separate product. It is a feature.

 

The safety depends on where your money is invested.

 

The fund's performance decides the return and capital safety.

 

If you choose well-managed funds, SWP becomes more reliable.

 

If you withdraw too much too soon, it becomes risky.

 

So, withdrawal amount must match the fund’s return capacity.

 

A Certified Financial Planner will help you set the right withdrawal rate.

 

 

What Are the Benefits of SWP?

You get regular income every month.

 

This is useful for retired people or families needing cash flow.

 

It is more tax-efficient than FD interest.

 

In equity funds, after one year, gains up to Rs. 1.25 lakh are tax-free.

 

Gains above Rs. 1.25 lakh are taxed at 12.5% only.

 

In FDs, the full interest is taxed as per your slab.

 

SWP gives better control over taxation.

 

You also decide how much and when to withdraw.

 

It does not lock your capital like annuities.

 

You can stop or change the amount anytime.

 

Your remaining capital still grows.

 

 

What Are the Risks Involved in SWP?

The biggest risk is market performance.

 

If the fund performs poorly for long, capital may reduce faster.

 

Withdrawing more than the return rate leads to capital erosion.

 

In early years, if there is a market crash, returns can fall.

 

This is called sequence of return risk.

 

If you panic and stop the SWP, you may lose long-term gains.

 

Therefore, fund selection and amount choice must be done carefully.

 

Do not withdraw too much from equity funds.

 

Stick to 5% to 7% withdrawal of the corpus per year.

 

Rebalance the portfolio annually with the help of a Certified Financial Planner.

 

 

How is Tax Calculated on SWP Withdrawals?

Tax is only on the gain portion, not the full withdrawal.

 

For equity funds, if held more than one year:

 

    • Gains up to Rs. 1.25 lakh in a year are tax-free.

    • Gains above that are taxed at 12.5%.

 

For withdrawals within 1 year, 20% tax on short-term gains.

 

For debt funds, entire gain is taxed as per your income slab.

 

Tax is deducted only on capital gain, not total SWP amount.

 

This makes SWP more tax-friendly than FD interest.

 

 

How Does SWP Compare With FD Interest?

FD interest is fixed but fully taxable.

 

SWP offers flexibility, better post-tax returns, and capital appreciation.

 

FD interest stays flat. SWP can grow if fund performs well.

 

FD locks your capital. SWP keeps your capital liquid.

 

FD maturity must be renewed. SWP can continue for years.

 

FD income stops when capital ends. SWP may continue even longer.

 

In inflation terms, FD income loses value. SWP may protect against inflation.

 

 

Should You Invest Rs. 20 Lakhs in SWP?

Yes, if you want steady monthly income.

 

Yes, if you don’t need the whole amount immediately.

 

Yes, if you invest in the right mutual fund category.

 

No, if you expect guaranteed income like FD.

 

No, if you cannot handle short-term fund fluctuations.

 

No, if you plan to withdraw high amounts monthly.

 

 

Tips to Make Your SWP Investment Strong

Choose hybrid equity funds, not pure equity or debt funds.

 

Use regular plans through a Certified Financial Planner.

 

Direct plans lack personalised advice and regular review.

 

MFDs with CFP credentials track markets and help in changes.

 

Avoid index funds. They don’t protect during market falls.

 

Active funds give better control and management.

 

Start small SWP first. Increase later if fund performs well.

 

Monitor performance every year with your planner.

 

Avoid withdrawing during deep market crashes.

 

Let the capital stay longer to recover and grow.

 

Rebalance every year. Shift gains to safe funds when needed.

 

 

Can SWP Be a Retirement Plan?

Yes, many retired investors use SWP.

 

It is a flexible, tax-efficient income source.

 

SWP protects principal if managed properly.

 

It also adjusts to your changing cash needs.

 

Unlike pension plans, you keep full control.

 

You can stop or increase SWP anytime.

 

You can leave the remaining amount for your family.

 

 

What Happens to Remaining Amount After SWP?

The remaining money stays in the mutual fund.

 

It continues to earn returns from the market.

 

You or your nominee can redeem the balance any time.

 

It is not locked. It stays liquid.

 

Capital not used becomes part of your legacy.

 

You can also use it to increase monthly SWP later.

 

Or withdraw lump sum for emergencies.

 

 

Finally

SWP is a very smart tool. It gives you peace, flexibility and tax benefits. But it needs careful planning. It is not risk-free. But with right fund, right amount and right advice, the risks reduce.

Use actively managed mutual funds. Avoid index funds. Avoid direct plans. Work with a Certified Financial Planner. They will guide, monitor and adjust when needed.

SWP is not just about monthly income. It is about freedom, control and dignity in retirement. Rs. 20 lakhs can give strong support for your goals.

Choose wisely. Plan clearly. Review regularly.

 

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

Ans: You have managed your money with maturity. The assets you’ve built show your disciplined approach. Now, with Rs. 15 Cr in hand, decisions must be thoughtful. Your focus on the next 20 years is correct and forward-thinking.

Let us now assess this with a 360-degree view. This is important for long-term clarity. Let us structure your Rs. 15 Cr for wealth safety, regular income, tax-efficiency and family needs.

Let’s look at each important area.

 

 

Understanding Your Current Asset Allocation

You have Rs. 2 Cr in PPF. This is long-term, safe and tax-free.

 

You have Rs. 4 Cr in deposits. These offer safety but may lag inflation.

 

You have Rs. 1 Cr in mutual funds. This shows some market participation.

 

You have Rs. 15 Cr in liquid form from recent sale.

 

You have Rs. 5 Cr in property. These are non-liquid, and for wealth holding.

 

Your overall wealth is Rs. 27 Cr. That is impressive. But over-dependence on fixed income can hurt wealth growth. Your PPF and deposits together form Rs. 6 Cr. These do not beat long-term inflation. That is a risk to family security.

 

 

Create Clear Financial Buckets for Purpose

Divide your Rs. 15 Cr into three buckets. Each has a different goal.

 

Bucket 1: For Emergency, Stability and Safety.

 

Bucket 2: For Medium-Term Needs in 5 to 10 years.

 

Bucket 3: For Long-Term Wealth Creation.

 

Let us now explore these buckets.

 

 

Bucket 1: Safety and Liquidity (Rs. 1.5 Cr)

This is to protect against sudden health or family emergencies.

 

Keep Rs. 75 lakhs in liquid funds or ultra-short-term funds.

 

These provide better returns than savings account. Still safe.

 

Rs. 75 lakhs can go to laddered fixed deposits.

 

Split this into 1-year, 2-year and 3-year ladders. Renew based on rates.

 

This bucket is not for growth. Only for comfort and liquidity.

 

 

Bucket 2: Medium-Term Stability (Rs. 3.5 Cr)

This money is not needed now. But may be required in 5 to 10 years.

 

Here, consider hybrid mutual funds.

 

Choose a mix of aggressive hybrid and balanced advantage funds.

 

These offer steady returns with lower volatility.

 

They shift between equity and debt. This reduces downside.

 

Choose actively managed funds. Avoid index funds.

 

Index funds copy the market. In falling markets, they give no protection.

 

A skilled fund manager in active funds can protect downside better.

 

Also, invest these in regular plans via a Certified Financial Planner.

 

Regular plans offer expert reviews and advice.

 

Direct funds lack this. Mistakes can cost more than small commission.

 

A CFP can rebalance when needed. Direct plan holders often ignore this.

 

This medium-term bucket protects you from inflation with lower risk.

 

 

Bucket 3: Long-Term Growth and Wealth Building (Rs. 10 Cr)

This is your most powerful wealth creation engine.

 

Equity mutual funds are the ideal choice.

 

Choose from flexi-cap, large and mid-cap and small-cap funds.

 

Diversify across 6-8 funds. Avoid fund duplication.

 

Avoid index funds here too. They follow the market blindly.

 

Active funds can outperform with right strategy.

 

Fund managers in active funds research deeply before investing.

 

Index funds don’t do that. In volatile markets, they may lag behind.

 

Active funds also book profits smartly. Index funds don’t do this.

 

Invest through a Certified Financial Planner in regular plans.

 

A CFP monitors performance and does course correction.

 

Direct funds don’t give that support. You may miss key changes.

 

CFPs also help with capital gain planning and tax harvesting.

 

Do not invest this money at once.

 

Use Systematic Transfer Plan (STP).

 

Start by parking Rs. 10 Cr in liquid funds.

 

Gradually shift to equity over 18-24 months.

 

This reduces entry risk due to market timing.

 

This is your family’s future security. Plan this layer with care.

 

 

Tax Planning and Capital Gains Efficiency

Your existing PPF is already tax-free. Keep it intact.

 

The Rs. 4 Cr in fixed deposits may be fully taxable.

 

Spread maturities to reduce tax burdens in one year.

 

Invest new money via mutual funds to lower taxation.

 

Equity mutual funds have better post-tax returns than FDs.

 

After the new rule, LTCG over Rs. 1.25 lakh is taxed at 12.5%.

 

This is still better than FD interest taxed as per slab.

 

Also, mutual funds offer more control over tax timings.

 

Stay invested for over one year to qualify for LTCG in equity mutual funds.

 

Debt mutual funds are now taxed as per slab for all durations.

 

So, use equity or hybrid equity-oriented funds more for tax efficiency.

 

 

Plan for Family Income Needs in Retirement

Even though you have 20 years, some income may be needed.

 

Create a passive income plan from mutual funds.

 

Use SWP (Systematic Withdrawal Plan) from balanced or hybrid funds.

 

They allow tax-efficient regular cash flow.

 

Better than FD interest. FDs offer less flexibility.

 

Reinvest what you don’t spend. Let compounding work for longer.

 

Avoid annuities. They lock funds and give low returns.

 

Mutual funds give liquidity and better growth.

 

 

Protect Your Wealth with Risk Management

Recheck your term insurance cover. Ensure it’s enough for your family.

 

Medical insurance should also be reviewed. Family floater with Rs. 25 lakhs is ideal.

 

Do not mix insurance and investment.

 

If you hold LIC, ULIPs or other bundled policies, evaluate now.

 

Surrender them if they are underperforming.

 

Reinvest proceeds in mutual funds.

 

You need pure insurance and pure investment. Not a mix.

 

 

Estate Planning and Family Financial Clarity

Your wealth is large. Create a Will now. Don't delay this step.

 

Mention asset distribution clearly.

 

Assign nominees across all investments.

 

Tell your family where documents and investments are kept.

 

Add joint holders or Power of Attorney if needed.

 

Consider forming a family trust if your estate is complex.

 

Consult a lawyer for this. Your Certified Financial Planner can guide you too.

 

Estate clarity gives peace of mind to all.

 

 

Ongoing Portfolio Review and Adjustments

Markets change. Goals shift. Health changes. Family needs evolve.

 

Review your portfolio every year.

 

A Certified Financial Planner helps track progress.

 

They rebalance funds based on market and your risk.

 

They help adjust tax strategy as per rule changes.

 

They assist in aligning investments to changing family goals.

 

Avoid doing this alone. Mistakes compound over time.

 

 

Finally

You’ve built a strong financial foundation. That’s a rare achievement.

 

Now, shift focus from only capital safety to capital growth.

 

Your Rs. 15 Cr can become a family legacy. Let it grow wisely.

 

Avoid chasing returns. Instead, follow a disciplined process.

 

Work with a Certified Financial Planner. They bring vision and discipline.

 

Keep your investments simple. Keep your goals clear.

 

Review regularly. Protect your wealth from inflation and taxes.

 

And keep your family informed at every step.

 

This is how you create wealth. And protect it for 20 years and beyond.

 

Best Regards,
 

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

Ans: Definitely. For example, with the introduction of quantum computer attack will increase by using those. We have to prevent those. But you have to develop your skillsets.

Ans: Write both. Wherever you get a better option can take it up

Ans: CMA could be better of the two. Buth both may not provide you jobs in a small town.

Ans: You’ve taken the right first step. With Rs 50 lakhs and a goal of Rs 50,000 monthly income, it is critical to design a well-planned investment strategy.

Understanding the Income Need
You want Rs 50,000 per month, which means Rs 6 lakhs per year.

This works out to about 12% per year of your Rs 50 lakh corpus.

Expecting a 12% withdrawal yearly is risky. The corpus can get exhausted early.

A sustainable withdrawal rate is around 6-8% per year only.

This means Rs 25,000 to Rs 33,000 per month is safer long-term.

So first we need to decide: do we want high income now or stable income for life?

Retirement Stage Planning
At retirement, preservation of money is top priority.

Income generation comes second. Growth comes third.

But inflation will reduce purchasing power. So growth cannot be ignored.

Your portfolio must balance growth, safety and liquidity.

So we use a “bucket strategy”. Let us see what that means.

Bucket-Based Investment Planning
Bucket 1: 2 Years of Expenses
This is for monthly income now. Very low risk.

Keep Rs 12 lakhs in this bucket (Rs 6 lakhs per year × 2 years).

Put it in ultra-short debt funds or senior citizen savings scheme.

This will give you predictable cash flow.

You can set up monthly SWP (systematic withdrawal plan) from this.

Bucket 2: Next 3 to 5 Years
This is for income after 2 years.

Slightly higher return potential. Still low to moderate risk.

Invest Rs 15-20 lakhs in hybrid funds or conservative balanced funds.

These funds have 20-30% equity and rest in bonds.

They aim to beat FD returns, without too much fluctuation.

Bucket 3: Long-Term Growth
Remaining Rs 18-23 lakhs can be invested in pure equity mutual funds.

Choose large and flexi cap funds with regular plans via Certified Financial Planner.

This helps protect your lifestyle 10-15 years from now.

This part grows slowly now, but helps fight inflation later.

How SWP Can Help
SWP means you get monthly income from mutual funds.

You can set a fixed monthly amount like Rs 50,000.

Only the withdrawn amount is taxed, not entire profit.

For equity funds: STCG is taxed at 20%, LTCG above Rs 1.25 lakh is taxed at 12.5%.

For debt funds: All gains are taxed as per your tax slab.

So plan your SWP smartly, and avoid early redemption from long-term buckets.

Avoid These Mistakes
Don’t invest everything in FD or debt. It won’t beat inflation.

Don’t rely on dividend plans. They are not predictable.

Don’t go for annuities. They lock your capital and give low returns.

Don’t go for direct plans unless you are a full-time expert.

Always go via regular plans with a CFP for advice and monitoring.

Disadvantages of Index Funds
Index funds copy the market. No active research is done.

In falling markets, they also fall badly.

They can’t protect you during market shocks.

Actively managed funds give you better risk-adjusted returns over time.

Certified Financial Planners monitor fund quality and help you exit poor performers.

Direct vs Regular Plans
Direct plans have lower cost but no guidance.

You end up making emotional decisions.

Regular plans come with expert advice from Certified Financial Planner.

CFPs give behavioural control, tax planning and fund monitoring.

For retirement, discipline and peace of mind matter more than saving 0.5%.

Inflation and Longevity Risk
Today Rs 50,000 is enough. In 10 years, you may need Rs 90,000.

Life expectancy can go up to 85-90 years.

So your corpus must keep growing even during retirement.

That is why some part must always remain in equity.

Your goal should be to never touch the principal fully.

Rebalancing Every 2 Years
Every 2 years, shift money from Bucket 2 and 3 into Bucket 1.

This way, you refill the income bucket.

Review fund performance, tax laws and personal needs with your CFP.

Don’t withdraw from equity bucket in a bad market year.

Keep 1 year of expenses always safe and liquid.

Emotional Peace is Priority
Retired life should be relaxed. You should not worry every month.

That is why a structured plan works better than ad-hoc FD or real estate.

You get monthly income, principal protection and long-term growth.

Your wife also feels secure with a system in place.

You can focus on health, hobbies and family—not markets.

Do You Hold LIC, ULIP or Insurance-Based Investments?
If yes, surrender them now. These do not give good returns.

Redeem them and reinvest into mutual funds.

Keep term insurance if needed, but no savings-insurance mix.

Review all old products with a Certified Financial Planner.

Final Insights
Rs 50,000 income is possible, but you must plan carefully.

Aim for 6-8% withdrawal rate for long-lasting corpus.

Use 3 buckets for income now, income later, and growth forever.

Avoid annuities, index funds, and direct plans.

Take help from a Certified Financial Planner who understands your retirement dreams.

Review every 2 years and adjust based on expenses and market.

Retirement is not an end. It is a new phase that deserves full financial attention.

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