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How to Plan for Retirement with a 14-Year-Old Child and 40K EMI?

Ramalingam

Ramalingam Kalirajan  |8237 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 15, 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 - Jul 07, 2024Hindi
Money

My income is 100000 l and My child is 14 years. I am civil engineer working in private company.EMI is 40k Please suggest me what to do for future planning in and My retirement planning, 55year now my age 36 years We required After Retirement 50 Lacks

Ans: Firstly, congratulations on your income. Earning Rs. 1,00,000 per month is a significant achievement, especially in a private sector role as a civil engineer. This solid financial foundation is a great starting point for your future planning and retirement strategy.

You have mentioned your monthly EMI is Rs. 40,000. This means your discretionary income is Rs. 60,000 per month. With thoughtful planning, this amount can be effectively allocated towards securing your child's future and your retirement.

Child's Future Planning
Your child is currently 14 years old. In four years, he will likely be pursuing higher education. This is a critical period to ensure you have enough funds for his education. Education costs are rising, and having a solid plan will ensure you can meet these expenses without compromising other financial goals.

Assessing Education Costs

Higher education can be expensive. The first step is to estimate the total cost of your child’s education. This includes tuition fees, accommodation, books, and other related expenses. Let's assume the total cost to be around Rs. 20 lakhs.

Investment Strategy for Child's Education

To achieve this goal, you can start investing a part of your discretionary income. One of the most effective ways to grow your savings is through mutual funds. Regular mutual funds, when invested through a Certified Financial Planner (CFP), offer professional management and can potentially provide higher returns compared to direct funds.

By investing Rs. 20,000 monthly in a diversified mutual fund, you can accumulate the required amount in the next four years. Mutual funds have the advantage of professional management, diversified risk, and the potential for inflation-beating returns.

Importance of Starting Early

Starting your investment journey early allows your money more time to grow. The power of compounding works best when investments are made early and left to grow over time. This approach can significantly reduce the financial stress when your child is ready for higher education.

Retirement Planning
You are 36 years old and plan to retire at 55. That gives you 19 years to build a retirement corpus of Rs. 50 lakhs. Given your current income and EMI obligations, this goal is achievable with disciplined saving and investing.

Setting Clear Goals

The first step in retirement planning is to set clear goals. You need to estimate your post-retirement expenses. Assuming you need Rs. 50 lakhs at the time of retirement, we can plan backward to determine how much you need to save and invest monthly.

Mutual Funds for Retirement

Investing in mutual funds through a CFP can help you build a significant corpus. Actively managed funds, in particular, can potentially offer better returns due to professional fund management and active stock selection.

By investing Rs. 30,000 per month in a diversified equity mutual fund, you can steadily build your retirement corpus. The equity market, despite its volatility, has historically provided higher returns over the long term, making it suitable for long-term goals like retirement.

Diversification and Regular Review

Diversification is key to managing investment risks. By spreading your investments across different asset classes and sectors, you can minimize risks while maximizing returns. Regularly reviewing and rebalancing your portfolio with the help of a CFP ensures it stays aligned with your goals.

Managing EMI and Savings
With an EMI of Rs. 40,000, managing your savings and investments becomes crucial. Ensuring that you do not over-leverage yourself and maintaining a balance between your EMI obligations and savings is essential.

Budgeting and Financial Discipline

Creating a budget helps in tracking your income and expenses. Prioritize essential expenses and allocate the remaining towards savings and investments. Financial discipline is crucial in achieving your long-term goals.

Emergency Fund

Before diving deep into investments, it is wise to set aside an emergency fund. This fund should ideally cover 6-12 months of your expenses. This ensures that in case of any unexpected events, you have a financial cushion to fall back on without disrupting your investment plans.

Insurance Planning
Insurance is an integral part of financial planning. It protects your family against unforeseen events and ensures financial stability.

Life Insurance

If you have existing LIC or ULIP policies, it might be wise to evaluate their performance. Often, these policies do not provide adequate returns and may have high costs associated with them. Consider surrendering underperforming policies and reinvesting the proceeds into mutual funds through a CFP.

Term Insurance

A term insurance plan is a must-have. It provides a high coverage amount at a low premium, ensuring your family's financial security in your absence. Aim for a coverage amount that is at least 10-15 times your annual income.

Health Insurance

A comprehensive health insurance plan protects against medical emergencies. Ensure you have adequate coverage for yourself and your family. Rising medical costs can quickly deplete savings, making health insurance essential.

Tax Planning
Efficient tax planning helps in saving money which can be redirected towards investments.

Tax-saving Investments

Investments in tax-saving mutual funds (ELSS), PPF, and EPF not only provide tax benefits under Section 80C but also help in wealth creation. Consult with a CFP to choose the right mix of tax-saving instruments.

Utilizing Tax Deductions

Maximize the use of available tax deductions such as those under Section 80D for health insurance premiums and Section 24 for home loan interest. This reduces your taxable income and increases your savings.

Regular Monitoring and Adjustments
Financial planning is not a one-time activity. It requires regular monitoring and adjustments to stay on track.

Periodic Reviews

Regularly review your investment portfolio with a CFP. This helps in identifying any underperforming assets and making necessary adjustments. Periodic reviews ensure your portfolio remains aligned with your financial goals.

Rebalancing Portfolio

As you approach your goals, gradually shift from high-risk investments to more stable ones. This strategy protects your accumulated wealth from market volatility as you near your goal horizon.

Staying Informed

Stay updated with financial news and market trends. This helps in making informed decisions about your investments. However, avoid making impulsive decisions based on short-term market movements.

Benefits of Working with a CFP
A Certified Financial Planner (CFP) brings expertise and professional advice to your financial planning process.

Expert Advice

CFPs provide expert advice tailored to your financial situation and goals. Their knowledge and experience help in creating a comprehensive financial plan.

Holistic Approach

CFPs take a holistic approach to financial planning. They consider all aspects of your financial life, including savings, investments, insurance, and taxes, to create a balanced and effective plan.

Customized Solutions

CFPs offer customized solutions based on your specific needs and risk tolerance. This personalized approach ensures your financial plan is effective and achievable.

Final Insights
Creating a robust financial plan requires careful consideration of various factors. By focusing on your child's future, retirement planning, insurance, and tax strategies, you can build a secure financial future.

Investing through mutual funds with the guidance of a CFP can provide you with professional management and potentially higher returns. Regular reviews and adjustments, along with disciplined saving and investing, are key to achieving your financial goals.

Your journey towards financial security is unique. Embrace it with confidence and commitment. Your efforts today will ensure a prosperous and secure future for you and your family.

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  |8237 Answers  |Ask -

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

Money
Greetings I am 42 years old, dependent my wife 36years and Kid 5Years old. I need suggestion for my retiring planning as well as my Child Education Plan at the same time. Please advice me.
Ans: It's commendable that you are thinking ahead about your retirement and your child's education. Balancing these priorities requires careful planning. With your current age at 42, your wife's age at 36, and your child's age at 5, you have some time to plan effectively.

Retirement Planning: Key Considerations
Assessing Retirement Needs
Estimate Retirement Corpus: Calculate how much you need for retirement. Consider your desired lifestyle, inflation, and life expectancy.

Current Savings and Investments: Evaluate your existing savings, investments, and any retirement benefits. This gives you a clear starting point.

Gap Analysis: Identify the gap between your current savings and the required retirement corpus. This helps in determining the required monthly savings.

Investment Strategies for Retirement
Diversified Portfolio: Invest in a diversified portfolio of actively managed mutual funds. This can potentially provide higher returns and reduce risk.

Regular Contributions: Ensure regular contributions to your retirement fund. Consistency is key to building a substantial corpus over time.

Professional Guidance: Work with a Certified Financial Planner (CFP) to select the right mix of funds. They can help you navigate market complexities and optimize returns.

Monitoring and Adjusting
Regular Review: Review your retirement plan annually. Adjust your contributions and investments based on performance and changing goals.

Rebalance Portfolio: Periodically rebalance your portfolio to maintain the desired asset allocation. This keeps your investments aligned with your risk tolerance and goals.

Child's Education Planning: Key Considerations
Estimating Education Costs
Future Education Costs: Estimate the future cost of your child's education, considering inflation. This includes school, college, and any specialized courses.

Current Savings: Evaluate your current savings and investments for your child's education. This helps in understanding the shortfall.

Monthly Savings Requirement: Calculate the amount you need to save monthly to meet the future education costs. This should be realistic and achievable.

Investment Strategies for Education
Long-Term Investments: Invest in long-term instruments like mutual funds. Actively managed funds can potentially offer higher returns compared to traditional savings.

Education-Specific Funds: Consider investing in funds specifically designed for education goals. These funds are structured to provide growth aligned with education timelines.

Systematic Investment Plan (SIP): Use SIPs for regular investing. This method helps in averaging costs and benefits from market volatility.

Professional Guidance
Certified Financial Planner: Engage with a CFP to create a tailored education plan. They can recommend the best funds and strategies based on your risk profile and goals.

Regular Monitoring: Monitor the performance of your investments regularly. Make adjustments as needed to ensure you stay on track.

Balancing Retirement and Education Planning
Prioritizing Goals
Balance Both Goals: It’s crucial to strike a balance between saving for retirement and your child's education. Neither should be neglected.

Emergency Fund: Maintain an emergency fund to handle unexpected expenses. This prevents the need to dip into retirement or education savings.

Allocating Resources
Proportional Allocation: Allocate a portion of your savings to both goals. A CFP can help determine the best split based on your financial situation.

Increase Savings Gradually: As your income grows, increase the amount allocated to both retirement and education savings.

Risk Management
Insurance Cover: Ensure you have adequate life and health insurance. This protects your family and your financial goals in case of unforeseen events.

Diversified Investments: Diversify your investments to spread risk. This helps in managing market volatility and ensuring steady growth.

Benefits of Actively Managed Funds
Higher Potential Returns
Actively managed funds can potentially offer higher returns compared to index funds. Fund managers actively select stocks to outperform the market.

Professional Management
Professional fund managers with expertise in market analysis manage actively managed funds. They make informed decisions based on market conditions.

Flexibility
Actively managed funds offer flexibility in investment strategy. Fund managers can adjust the portfolio based on market trends and economic factors.

Risk Management
Professional fund managers actively manage risk. They diversify the portfolio and make adjustments to mitigate potential losses.

Disadvantages of Index Funds and Direct Funds
Index Funds: Lower Flexibility
Index funds track a specific index, offering limited flexibility. They cannot adjust to market conditions or take advantage of specific opportunities.

Lower Potential Returns
Index funds typically offer lower returns compared to actively managed funds. They are designed to match the market performance, not exceed it.

Direct Funds: Lack of Guidance
Investing in direct funds without professional guidance can be risky. You might miss out on valuable insights and strategies provided by a CFP.

Time and Effort
Managing direct funds requires significant time and effort. You need to stay updated on market trends and make investment decisions independently.

Conclusion
Balancing retirement planning and your child's education requires careful planning and disciplined investing. Working with a Certified Financial Planner can provide you with tailored strategies to achieve both goals.

Stay focused on your financial objectives and adjust your plans as needed. Your proactive approach and commitment to your family's financial future are commendable.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8237 Answers  |Ask -

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

Asked by Anonymous - Jun 27, 2024Hindi
Money
Hello..I Am 33 and having one baby boy with an age 3 years.I earn 2 lacks per month and I have 20 lacks in post office,60 lacks form land and 15 lacks land.7 lacks in ppf and 25 lacks in mutual funds and 2 lacks in stocks .I am planning to retire at 40 .How to plan my kid education and future.
Ans: Planning for your child's education and future, especially with the goal of retiring at 40, is a significant and admirable task. Let's break down your financial situation and develop a comprehensive strategy to secure your child's education and ensure your family's financial stability.

Understanding Your Current Financial Situation
You earn Rs. 2 lakhs per month and have accumulated substantial savings and investments:

Rs. 20 lakhs in Post Office savings
Rs. 60 lakhs from land
Rs. 15 lakhs in another piece of land
Rs. 7 lakhs in PPF
Rs. 25 lakhs in mutual funds
Rs. 2 lakhs in stocks
These assets provide a strong foundation for achieving your financial goals.

Setting Clear Goals for Your Child's Education
The first step in planning your child's education is to set clear, achievable goals. Here are some key considerations:

Education Level: Decide if you want to cover expenses only for school or for higher education as well.

Type of Education: Consider whether you prefer local, national, or international education for your child.

Inflation: Education costs rise over time. Plan for inflation-adjusted costs.

Estimating Education Costs
Let's assume you aim for higher education, possibly international. You might need to plan for Rs. 50 lakhs to 1 crore for higher education by the time your child is ready.

Creating a Dedicated Education Fund
Creating a dedicated fund for your child's education is essential. This fund should be separate from your retirement savings. Here’s how you can do it:

Systematic Investment Plan (SIP) in Mutual Funds
Investing in mutual funds through a SIP can be an effective way to accumulate wealth for your child's education. Here's why:

Power of Compounding: Investing regularly over a long period allows your investments to grow exponentially.

Rupee Cost Averaging: SIPs help in averaging the purchase cost of mutual fund units, reducing the impact of market volatility.

Consider allocating a portion of your income towards a SIP specifically for your child's education. Given your financial situation, you could comfortably invest Rs. 20,000 to Rs. 30,000 per month in mutual funds.

Public Provident Fund (PPF)
You already have Rs. 7 lakhs in PPF, which is excellent. PPF offers a safe and tax-efficient way to save for the long term. Continue contributing the maximum allowable amount annually (currently Rs. 1.5 lakhs). The PPF matures in 15 years, but you can extend it in blocks of 5 years. The compounded, tax-free returns will significantly boost your education fund.

Diversifying Your Investments
Diversification is crucial to managing risk and ensuring steady growth. Here's how you can diversify your investments:

Balanced Portfolio of Mutual Funds
Invest in a mix of equity, debt, and balanced mutual funds to create a well-rounded portfolio. Equity funds offer high growth potential, while debt funds provide stability and regular income. Balanced funds combine the best of both worlds, reducing risk and enhancing returns.

Direct Stocks
You have Rs. 2 lakhs in direct stocks. While direct stock investment can offer high returns, it comes with higher risk. Ensure you invest in well-researched, fundamentally strong companies. Diversify across sectors to mitigate risk.

Advantages of Mutual Funds over Direct Stocks
Diversification
Mutual Funds: Diversified across various sectors and companies, reducing risk.

Direct Stocks: Higher risk as investment is concentrated in a few stocks.

Professional Management
Mutual Funds: Managed by experienced fund managers who make informed decisions.

Direct Stocks: Requires individual research and management, which can be time-consuming and risky.

Systematic Investment
Mutual Funds: SIPs allow regular investments, promoting disciplined saving.

Direct Stocks: Requires lump-sum investment, which can be challenging to time correctly.

Risk Management
Mutual Funds: Spread risk across a wide range of assets, reducing volatility.

Direct Stocks: Higher volatility and risk due to concentration in individual stocks.

Convenience
Mutual Funds: Easy to invest in, with no need for constant monitoring.

Direct Stocks: Requires continuous monitoring and analysis, demanding more time and expertise.

Insurance for Financial Security
Ensuring your family's financial security involves adequate insurance coverage. Here are the key types of insurance you should consider:

Term Insurance
A term insurance policy provides financial protection to your family in case of your untimely demise. Given your income and responsibilities, consider a term insurance cover of at least Rs. 1 crore. This will ensure that your family can maintain their lifestyle and meet financial goals even in your absence.

Health Insurance
Having comprehensive health insurance is crucial. Ensure your health insurance covers your entire family adequately. With rising medical costs, a cover of Rs. 10-20 lakhs is advisable. You can also consider a super top-up policy for additional coverage at a lower premium.

Planning for Retirement at 40
Retiring at 40 is an ambitious goal and requires meticulous planning. Here’s how you can plan for it:

Estimate Retirement Corpus
Calculate the corpus required to maintain your lifestyle post-retirement. Consider factors like inflation, life expectancy, and medical costs. A rough estimate suggests you might need Rs. 5-6 crores to retire comfortably at 40, given your current lifestyle.

Aggressive Savings and Investments
Given your current savings and investments, you need to adopt an aggressive savings strategy. Here's how:

Maximize Savings: Save a significant portion of your monthly income. Aim for at least 50% savings rate, given your high income.

Invest Wisely: Allocate your savings to high-growth investments like equity mutual funds and direct stocks. Ensure a well-diversified portfolio to manage risk.

Building a Retirement Corpus with Mutual Funds
Long-Term Growth
Equity mutual funds, particularly those focused on growth, can provide substantial returns over the long term. By investing consistently through SIPs, you can build a significant retirement corpus.

Risk Mitigation
While equity funds offer high growth potential, it's essential to balance your portfolio with debt funds to mitigate risk. Debt funds provide stability and regular income, ensuring a balanced approach to retirement planning.

Asset Allocation
Proper asset allocation is crucial for building a retirement corpus. Diversify across equity, debt, and hybrid funds to create a portfolio that matches your risk tolerance and investment horizon.

Retirement Income
Mutual funds can also be used to generate a regular income post-retirement. Systematic Withdrawal Plans (SWPs) allow you to withdraw a fixed amount periodically, providing a steady income stream.

Securing Child's Education with Mutual Funds
Long-Term Investment
Investing in mutual funds for your child's education allows you to benefit from long-term growth. Start early to take full advantage of compounding and market growth.

Goal-Based Funds
Choose funds that align with your education goals. For instance, equity funds for long-term growth and debt funds for stability as the goal approaches.

SIPs for Education Fund
Start a SIP dedicated to your child's education. This ensures disciplined saving and allows you to build a substantial corpus by the time your child is ready for higher education.

Practical Steps to Implement the Plan
Assess Your Financial Goals
Clearly define your financial goals, including retirement, child’s education, and other major expenses. This helps in creating a focused investment strategy.

Choose the Right Funds
Select mutual funds based on your risk tolerance, time horizon, and financial goals. A mix of equity, debt, and hybrid funds can provide a balanced approach.

Start Early
The earlier you start investing, the more you benefit from compounding. Begin SIPs as soon as possible to maximize growth.

Regular Review
Regularly review your investment portfolio to ensure it aligns with your goals. Make adjustments as needed to stay on track.

Emergency Fund
Ensure you have an adequate emergency fund to cover at least 6-12 months of expenses. This provides a financial cushion in case of unexpected events.

Power of Compounding
The power of compounding is one of the most effective tools in wealth creation. By starting early and investing regularly, you can significantly grow your wealth. Compounding works best with long-term investments, where the returns generate further returns over time.

Avoiding Common Investment Mistakes
Here are some common mistakes to avoid:

Lack of Diversification: Don’t put all your eggs in one basket. Diversify across asset classes to manage risk.

Chasing High Returns: High returns often come with high risk. Ensure your investments align with your risk tolerance and financial goals.

Ignoring Inflation: Consider the impact of inflation on your investment returns and future expenses. Invest in instruments that beat inflation.

Emotional Investing: Avoid making investment decisions based on emotions. Stick to your financial plan and make informed decisions.

Final Insights
Building a retirement corpus and securing your child's education requires a strategic approach. Mutual funds offer numerous advantages, including diversification, professional management, and the power of compounding. They provide a flexible and efficient way to achieve your financial goals.

By investing in a mix of equity, debt, and hybrid funds, you can create a balanced portfolio that aligns with your risk tolerance and investment horizon. Start SIPs dedicated to your child's education and your retirement corpus to ensure disciplined saving and long-term growth.

Regularly review your financial plan and make adjustments as needed to stay on track. With a clear strategy and disciplined approach, you can achieve your financial goals and secure a bright future for your family.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Milind

Milind Vadjikar  |1172 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 30, 2024

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I am 46 year old woman.My current salary is 60000 per month. I have invested few amount in shares and ipo around 60000 . please suggest how to do make better plan for future.My son also in 11 th STD
Ans: Hello;

The value of your current income as after 14 years will be 1.36 L considering 6% inflation over 14 years by the time you are 60 years of age.

If you feel that your expenses may be reduced then and you would need say 70% of the income after 60 age so 70% of 1.36 L gives us a monthly income requirement of around 95 K.

To achieve this target I recommend you to start a monthly sip of 25 K into a combination of pure equity type mutual funds.

You need to top-up the sip amount by minimum 10% each year.

Also I would suggest you not to dabble in direct stocks and reinvest the 60 K sum lumpsum into above referred type of mutual funds.

The sip corpus will grow into a sum of around 1.96 Cr. The lumpsum invested will grow into a sum of around 4 L after 14 years considering a modest return of 13%.

Therefore your comprehensive corpus will be 2 Cr.

If you buy an immediate annuity from an insurance company for your corpus then considering annuity rate of 5.75% you can expect to receive monthly payout of around 95 K.

For your son's education funding you may utilise EPF corpus or seek an education loan.

Happy Investing!!

You may follow us on X at @mars_invest for updates.

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

..Read more

Ramalingam

Ramalingam Kalirajan  |8237 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 03, 2025

Asked by Anonymous - Feb 03, 2025Hindi
Money
Hi i am 38 years old, my home worth 1.5cr, fd 60L, gold of 20Li have two kids of 10&4 years, how I can plan for their education and my retirement at50 and my salary ll be one Lakh
Ans: Understanding Your Current Financial Situation
You are 38 years old with a goal to retire at 50.

Your home is worth Rs. 1.5 crores.

You have Rs. 60 lakhs in fixed deposits.

You own Rs. 20 lakhs worth of gold.

Your monthly salary is Rs. 1 lakh.

You have two children aged 10 and 4.

Your focus is on education planning and retirement planning.

This is a strong starting point. You’ve managed your finances well so far.

Setting Clear Financial Goals
Before planning, we need clarity on two major goals:

Children’s Education: Estimate costs for higher education. Costs are rising due to inflation.

Retirement at 50: You’ll need to maintain your lifestyle without active income.

These goals will guide your investment and savings strategy.

Estimating the Future Cost of Children’s Education
For your 10-year-old, higher education is about 8 years away.

For your 4-year-old, it's around 14 years away.

Considering inflation, education costs may double or even triple.

A professional degree might cost Rs. 30-50 lakhs in the future.

Plan with this in mind to avoid surprises later.

Planning for Retirement at 50
You plan to retire in 12 years.

After retirement, your expenses will continue for at least 30-35 years.

This requires a steady income without depending on a job.

You need a large corpus to support your lifestyle.

Managing Fixed Deposits Effectively
Rs. 60 lakhs in FDs is good, but FDs offer low returns after tax.

Inflation can reduce the real value of FD returns over time.

Gradually shift some FD amounts to mutual funds for better growth.

This ensures your money grows faster than inflation.

Gold as an Investment
Rs. 20 lakhs in gold adds diversification to your portfolio.

However, gold doesn’t provide regular income or high growth.

Consider keeping some gold for emergencies or gifting.

For wealth creation, focus more on financial instruments like mutual funds.

Building an Education Fund for Your Children
Start dedicated SIPs for both children in equity mutual funds.

Equity can provide higher returns over long periods.

For the 10-year-old, choose balanced funds to reduce risk as the goal nears.

For the 4-year-old, focus more on equity-oriented funds for higher growth.

Increase SIP amounts whenever your income rises.

Review and adjust the SIPs regularly.

Retirement Planning: Creating a Strong Corpus
Start SIPs dedicated to your retirement goal.

Focus on diversified equity mutual funds for growth.

Increase your SIPs yearly as your salary grows.

Invest any bonuses or extra income into these funds.

Closer to retirement, shift some funds to safer options like debt funds.

This reduces risk as you near retirement.

Insurance Planning for Risk Protection
Review your life insurance coverage.

Ensure you have enough cover to protect your family’s future.

Term insurance is cost-effective and provides high cover.

Also, have health insurance separate from your employer’s policy.

This ensures continuous coverage even after retirement.

Managing Expenses for Better Savings
Your salary is Rs. 1 lakh per month.

Track your expenses to identify saving opportunities.

Aim to save at least 30-40% of your income.

Reduce unnecessary expenses to increase your investment amount.

Small changes can lead to big savings over time.

Creating an Emergency Fund
Set aside 6-12 months of expenses as an emergency fund.

Keep this in a liquid fund or savings account for quick access.

This protects your investments from unexpected withdrawals.

An emergency fund provides financial security.

Surrendering LIC or Investment-Linked Insurance (If Applicable)
If you have LIC or ULIP policies, review their returns.

Such policies often offer low returns compared to mutual funds.

Consider surrendering them if they’re not beneficial.

Reinvest the amount in mutual funds for better growth.

Consult with a Certified Financial Planner before making changes.

Tax Planning for Maximum Savings
Use Section 80C to save tax through PF, PPF, or ELSS mutual funds.

Invest in NPS for additional tax benefits under Section 80CCD(1B).

Claim deductions for health insurance premiums under Section 80D.

Efficient tax planning increases your investable surplus.

How to Allocate Your Investments
Education Fund: Start SIPs based on each child’s education timeline.

Retirement Fund: Invest separately for retirement with a long-term focus.

Emergency Fund: Build and maintain this for unexpected needs.

Gold: Keep a portion but focus more on financial investments.

Diversification helps manage risk and improve returns.

Reviewing and Adjusting Your Financial Plan
Review your financial plan yearly.

Adjust SIP amounts based on income changes.

Rebalance your portfolio to maintain the right mix of equity and debt.

Regular reviews keep your goals on track.

Staying Disciplined with Investments
Avoid withdrawing from your investments unless it’s for the intended goal.

Don’t react to short-term market fluctuations.

Focus on long-term growth and stay invested.

Discipline is key to wealth creation.

Final Insights
You’ve built a solid financial base.

Focus on structured investments for your children’s education and your retirement.

Mutual funds through SIPs offer growth and flexibility.

Review your plan regularly and stay disciplined.

This approach will help you achieve financial freedom by 50.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Latest Questions
Samraat

Samraat Jadhav  |2253 Answers  |Ask -

Stock Market Expert - Answered on Apr 15, 2025

Ramalingam

Ramalingam Kalirajan  |8237 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 2025

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Hello sir I want to start mutual fund please let me know how much amount I am looking for 5 years
Ans: Very happy to know that you are planning to invest in mutual funds.
You are moving in the right direction.

Please read each section patiently.

Step 1: First Identify Your Goal Clearly

Please clarify what you want to achieve in 5 years.

Is it for buying a car or house down payment?

Is it for your child’s education?

Or is it for vacation, retirement bridge fund, or emergency backup?

Write the exact purpose and rough amount needed.

This will help decide the right amount to invest.

Step 2: Estimate the Target Amount

Let’s assume a few examples:

If you need Rs 10 lakh in 5 years

You can invest Rs 12,000 per month

Or if you need Rs 5 lakh in 5 years

Then around Rs 6,000 per month is enough

This is assuming mutual fund gives around 10% return yearly

Amount may vary if goal is bigger or smaller

You can tell me your exact target. I’ll give correct amount.

Step 3: Use the Right Type of Funds

For a 5-year goal, use debt + equity hybrid mix.

Avoid 100% equity mutual funds

Avoid short-term debt funds alone

Mix gives stability + moderate growth

Here’s a sample mix:

60% equity-oriented hybrid mutual fund

40% conservative or short-duration debt mutual fund

This mix balances return and safety

Review once a year

Shift to safer fund 1 year before the goal

Step 4: Invest Monthly Through SIP

SIP is best method for 5-year investing.

Small monthly amount builds big wealth

Removes tension of market ups and downs

Brings discipline and better results

Easy to start, easy to stop or increase

Link SIP date just after salary credit date

If you have lump sum money, start with STP from liquid fund.

Step 5: Avoid These Mistakes

Here are mistakes to avoid:

Don’t choose index funds for 5-year goal

Index funds give no protection in bad markets

Don’t invest in direct funds without guidance

Choose regular funds through Certified Financial Planner

Don’t invest in insurance or ULIP thinking it is mutual fund

Don’t chase top-performing fund alone

Don’t stop SIPs when market is low – it’s the best time to continue

Step 6: Add These Good Habits

Here are good habits to follow:

Start SIP today, don’t wait for perfect market

Review funds every 6 to 12 months

Increase SIP by 5% to 10% every year

Track your goal regularly

Add surplus money when you get bonus or extra income

Keep your nominee updated

Step 7: Use a Certified Financial Planner for Better Results

You will get these benefits:

They help match fund with your goal

They keep you on track when market is down

They adjust asset allocation when needed

They help avoid emotional mistakes

They bring discipline in your investment journey

They plan taxes, retirement, emergency, and insurance too

This is why investing through Certified Financial Planner is smart.

Let’s See Sample Plans Based on Goal

Here are a few examples for you:

?? Goal: Rs 5 lakh in 5 years
Invest Rs 6,000/month through SIP (hybrid fund)

?? Goal: Rs 10 lakh in 5 years
Invest Rs 12,000/month through SIP

?? Goal: Rs 15 lakh in 5 years
Invest Rs 18,000/month through SIP

?? Goal: Rs 20 lakh in 5 years
Invest Rs 24,000/month through SIP

These are sample figures with approx. 10% returns

I can give your custom amount if you tell your goal and amount needed

Final Thoughts

Starting mutual fund investment is one of the best steps for your future.

It builds wealth slowly and strongly.

You don’t need to be an expert. Just be consistent.

Start with any small amount like Rs 5,000 or Rs 10,000 monthly.

Use hybrid mutual funds for 5-year goal.

Invest through a Certified Financial Planner for better results.

Avoid direct funds, index funds, ULIP, or insurance-linked plans.

Keep goals clear, stay invested, and trust the process.

I can guide you step-by-step if you give your goal, age, and monthly savings ability.

Your financial freedom journey starts with one small decision today.

I truly appreciate your interest. You are taking a wise path.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8237 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 2025

Money
Sir is bajaj Allianz ace plan good for retirement?
Ans: It is always good to plan early for retirement. You have taken an important step by considering this.

Let’s now evaluate the Bajaj Allianz Ace plan in detail.

What Type of Plan Is This?

This is a ULIP-based retirement product.

It mixes investment with insurance.

Your money is split into charges, investment, and insurance cover.

The returns are not guaranteed.

It depends on the market and fund chosen.

How It Works for Retirement?

You pay premiums regularly.

Part of the money is invested in equity or debt funds.

The rest goes towards charges and insurance cover.

After 10–15 years, you get the fund value.

You can convert it into regular pension or take the full value.

Are There High Charges? Yes.

This plan has many layers of charges.

Premium allocation charge: Deducted before investing.

Fund management charge: Yearly deduction on fund value.

Policy admin charges: Fixed deduction regularly.

Mortality charges: Cost for life insurance cover.

Switching and partial withdrawal charges may also apply.

All these reduce your actual returns.

Transparency Is Not Clear

You won’t know how much is going to each part.

The illustration shows assumed returns of 8%.

Real return after charges could be 4% to 5%.

This is not enough to beat inflation in the long run.

Insurance + Investment Is Not a Good Mix

Insurance should be bought only for protection.

Investment should aim for growth.

Mixing both results in neither goal being achieved fully.

Instead, pure term insurance plus mutual funds work better.

More clarity, control, and better returns.

Returns Are Market-Linked, Not Guaranteed

Many people assume returns are fixed.

But ULIPs are not fixed-return products.

They are like mutual funds, but with extra charges.

There are no bonuses or loyalty additions that truly add value.

Lock-in period of 5 years.

Early surrender comes with heavy loss.

Tax Benefit – But Don’t Get Misguided by That

Yes, premiums are tax-free under 80C.

Maturity proceeds are tax-free if yearly premium is less than Rs 2.5 lakh.

But tax saving should not be the main goal of any investment.

Low-return products with tax savings are not wise.

Better to invest for real growth and pay reasonable tax later.

What Are the Better Alternatives?

Let us look at more efficient options. These offer more growth, safety, and flexibility.

SIPs in actively managed mutual funds.

Choose large cap, flexi cap, and hybrid equity funds.

Start small and increase with time.

Returns may go up to 10% or more in the long term.

Managed by experts with better fund performance tracking.

Regular funds through a Certified Financial Planner provide right guidance.

Long-term wealth creation is more likely here.

Avoid Index Funds or ETFs

Index funds only copy the index.

No expert decision-making.

They do not protect in falling markets.

Actively managed funds adjust the portfolio based on market.

More suitable for child education and retirement goals.

Avoid Direct Funds Without Guidance

Direct funds seem cheaper.

But no expert support is available.

You may choose wrong schemes or exit at wrong time.

Regular funds through a Certified Financial Planner are better.

You get personalised asset allocation.

Goal planning is better aligned.

Mistakes are fewer, and discipline is higher.

360-Degree Planning for Retirement

Let us now connect the dots for your retirement.

Decide your retirement age and lifestyle.

Calculate monthly income needed after retirement.

Estimate inflation and life expectancy.

Then work backward to know how much to invest now.

Split money between equity, debt, and short-term funds.

SIPs are best for long-term consistency.

NPS can be added for additional benefit.

But even NPS must be reviewed every 2 years.

Avoid depending only on one plan like Bajaj Allianz Ace.

Diversify and regularly review your plan.

What If You Already Have This Plan?

If you have already paid 5 years, consider stopping further premiums.

Do not surrender before 5 years.

If it is new and just started, better to stop now.

Consider switching the maturity amount to mutual funds later.

Use SIPs and STPs (systematic transfer plans) to move money wisely.

If confused, get help from a Certified Financial Planner.

What You Can Do Now

You can start with this approach instead of the ULIP.

Invest Rs 10,000 to Rs 15,000 monthly in mutual funds.

Use a mix of equity and hybrid funds.

SIPs in regular funds via a Certified Financial Planner.

This builds good wealth over 15–20 years.

Link investment to your retirement and child’s future goals.

Add term insurance for life cover separately.

Avoid policies that bundle investment and insurance.

Track growth every 6 months.

Adjust allocation as per market condition and goal timeline.

Final Insights

The Bajaj Allianz Ace Plan looks attractive due to brand and packaging.

But the plan is expensive, opaque, and inefficient.

Returns are uncertain and charges are high.

You don’t get flexibility or clarity.

For long-term goals like retirement, it is not ideal.

Better to go for mutual funds via monthly SIPs.

Keep life insurance separate and pure.

Mixing goals and tools never works well.

You have time and a clear goal.

Make use of it with the right plan and guidance.

Always keep things simple and separate.

That will help you reach financial freedom faster.

For any help, consult a Certified Financial Planner.

They will give a complete and balanced plan.

It keeps your future safe and peaceful.

Don’t run after packaged products. Run after your goals.

That is the true smart step.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8237 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 2025

Asked by Anonymous - Apr 15, 2025Hindi
Money
I want to invest in my daughter's education. She is 3 years now. I am investing in Sukanya Samriddhi Yojana. I would like to invest Rs 10,000 to Rs 15,000 every month for her education and future. Can you please suggest the best schemes?
Ans: It’s truly wonderful that you’re thinking about your daughter’s education early.
This habit of planning ahead gives her a strong foundation.

Let’s look at the best way to invest Rs 10,000 to Rs 15,000 monthly.
We will build a 360-degree plan that is simple, stress-free, and goal-focused.

Understanding the Time Horizon
Your daughter is now 3 years old.

You need funds in two stages – school and college.

School needs may arise in 5 to 8 years.

Higher education needs come in 12 to 15 years.

This gives us two time horizons – medium-term and long-term.

Your strategy must match these time goals for right growth.

Your Existing Investment: Sukanya Samriddhi Yojana
This is a good step.

The interest is tax-free.

It gives capital safety and fixed returns.

But returns are not high enough to beat future inflation.

So, this is only a partial solution.

You must add growth-oriented investments for better wealth.

Risk and Reward Balance
Since the goal is more than 10 years away, equity helps.

Equity gives higher returns over the long term.

But it has ups and downs in the short run.

Don’t worry, we will balance this with stable options.

Let us now split your monthly investment.

Suggested Investment Structure (Rs 15,000 Monthly Plan)
You can adjust to Rs 10,000 also.
The structure stays same.

1. Equity Mutual Funds – Rs 9,000
Invest in actively managed equity mutual funds.

Choose diversified funds with consistent past performance.

Actively managed funds are handled by expert fund managers.

They aim to beat the market.

These funds can give better returns than index funds.

Index funds only follow the market.

They don’t protect you in falling markets.

In your case, beating inflation is more important.

So, avoid index funds. Choose regular active mutual funds.

Invest through a Certified Financial Planner or MFD.

Don’t invest directly.

Direct funds look cheaper but give poor guidance.

You may miss fund reviews, rebalancing, or right asset mix.

A Certified Financial Planner ensures your portfolio stays aligned to your goal.

2. Hybrid or Balanced Mutual Funds – Rs 3,000
These funds mix equity and debt.

They reduce risk, and give more stable returns.

Use them for medium-term needs.

School education and coaching expenses may start in 5–7 years.

These funds give moderate returns with lower risk than pure equity.

Invest regularly through SIPs.

Keep investing even during market ups and downs.

3. Debt Fund or Short-Term Recurring Deposit – Rs 2,000
Use this for very short-term or emergency school needs.

Or yearly fees, books, school trips, etc.

Recurring deposits give capital safety and fixed returns.

You can also use debt mutual funds.

These have slightly better tax benefits if held long.

But debt fund returns are now taxed like interest.

Both options are safe and useful for predictable needs.

Investment Planning for Rs 10,000 Monthly Option
If you want to start with Rs 10,000, here is the split.

Rs 6,000 in equity mutual funds (long term)

Rs 2,500 in hybrid mutual funds (medium term)

Rs 1,500 in RD or debt funds (short term)

Benefits of SIPs (Systematic Investment Plans)
SIP builds discipline.

You invest monthly without timing the market.

It gives compounding benefits.

You average the cost by buying in both low and high markets.

SIPs are best for long-term goals like education.

Why Not Index Funds or ETFs?
Index funds copy the market.

They don’t aim to beat it.

No protection in falling markets.

No professional risk management.

Your goal needs customised solutions.

Active funds give this edge.

ETFs are passive. You also need a Demat account.

They suit traders more than long-term savers.

Avoid them for your child’s goal.

Why Not Direct Plans?
Direct funds skip distributor cost.

But they give no human advice.

You are alone to monitor, rebalance, and manage.

Over 15 years, this becomes difficult.

Mistakes can reduce your final amount.

Better to invest via regular plans with Certified Financial Planner.

You get proper handholding and goal tracking.

You can revise portfolio when goals or risks change.

Review and Rebalance Every Year
Your SIPs must be reviewed every year.

You may need to change funds or amount.

Your daughter’s education needs may increase.

So, rebalancing is important.

Don’t keep investing blindly.

Check performance yearly with the help of a Certified Financial Planner.

Create a Goal-Based Investment Tracker
Write your goal in a book or Excel file.

Write monthly SIP, total invested, and expected returns.

Track this once every year.

This gives motivation and clarity.

You will know if you are on track.

Prepare an Emergency Backup
Education plans can face surprises.

Health issues or job loss may affect savings.

Keep a separate emergency fund for 6–12 months expenses.

Don't use your daughter’s fund for other needs.

This helps you stay committed to her dream.

Prepare Mentally for Long Term
Market may go up and down.

Don’t stop SIPs in bad times.

These phases give the best returns later.

Stay patient and goal-focused.

Avoid panic decisions.

Every rupee invested today brings peace later.

Education Inflation is Real
Education costs are rising 8–10% every year.

A Rs 15 lakh course today may cost Rs 30 lakh in 15 years.

Only growth investments can beat this.

Bank FDs and fixed deposits will not be enough.

Use Sukanya for stability and mutual funds for growth.

Tax Considerations You Should Know
Equity mutual funds give tax benefit if sold after 1 year.

LTCG above Rs 1.25 lakh taxed at 12.5%.

Short-term gains taxed at 20%.

Debt fund gains taxed as per your income slab.

Sukanya returns are tax-free.

NPS has tax benefit also, but partial withdrawal only.

Diversify in a Smart Way
Use 3–4 good mutual fund schemes.

Not more than that.

Too many funds confuse tracking.

Keep it simple.

Focus on long-term performance and fund quality.

Add a Term Plan for Yourself
If you’re the earning parent, take term insurance.

It protects your daughter’s education in case of your absence.

Don’t mix insurance with investment.

ULIPs or money-back plans are not suitable.

Take pure term plan. Low premium and high cover.

Don’t Stop SIPs Midway
Many parents stop SIPs after few years.

Don’t do that.

Continue till her college admission.

You will be thankful later.

Start Early, Benefit More
Your daughter is just 3.

You have 15 years.

Starting early gives big compounding benefits.

Even small monthly SIPs become big corpus.

Educate Your Child Gradually
As your daughter grows, teach her about money.

Let her understand savings and goals.

This habit will help her in adult life.

Finally
Planning your daughter’s future is a noble goal.
You have already started the right steps.

Sukanya Yojana gives stability.
Mutual funds give long-term growth.

Use SIPs in actively managed regular plans.
Take guidance from a Certified Financial Planner.

Keep goals written and reviewed.
Invest every month without fail.

Let your money work while you sleep.
And your daughter’s dreams grow strong.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8237 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 2025

Asked by Anonymous - Apr 15, 2025Hindi
Money
I have sip of 15k in mutual fund & 5k in stock also 1.5k rd, 1k sukanya samriddhi nps 18k pf 7k how much can be amount after 20 years.
Ans: You are already on a steady path.

Your monthly investments are spread across mutual funds, stocks, RD, NPS, PF and Sukanya Samriddhi. A well-diversified structure like this can give strong long-term results.

Let us now look at each part closely.

?

Mutual Fund SIP – Rs 15,000 per month

This is the core of your long-term wealth growth.

?

Equity mutual funds can give higher returns than FDs or RDs.

?

Actively managed funds are better than index funds in many ways.

?

Fund managers adjust the portfolio as per market conditions.

?

Index funds follow the market blindly without any strategy.

?

Your Rs 15,000 SIP for 20 years can become a big amount.

?

Discipline is the key. Keep investing without stopping during market falls.

?

Use regular plans through MFDs guided by a Certified Financial Planner.

?

Direct plans may look cheaper but come with zero guidance or monitoring.

?

A regular plan gives long-term relationship-based advice from a certified expert.

?

A well-managed SIP for 20 years can build wealth over Rs 1 crore.

?

Keep reviewing SIP performance every year with your planner.

?

Make changes only if fund consistently underperforms for 2-3 years.

?

Stock Investment – Rs 5,000 per month

Investing in stocks shows good risk-taking ability.

?

Stock investment can give higher growth than other options.

?

But it needs more knowledge and time to track companies.

?

Stocks can be volatile. So, stay calm during market ups and downs.

?

Avoid panic selling when markets crash.

?

Long holding gives the best results in stocks.

?

After 20 years, even this Rs 5,000 per month can become a sizeable amount.

?

Prefer quality businesses with strong track record and future potential.

?

If unsure, shift this to mutual funds under expert guidance.

?

Recurring Deposit – Rs 1,500 per month

RD is safe, but returns are low compared to other options.

?

RD interest is fully taxable as per your income tax slab.

?

Over 20 years, RD will give lowest return in your portfolio.

?

You can keep it only for short-term goals or emergency reserve.

?

For long-term, shift this to equity mutual funds.

?

Or you can put in hybrid mutual funds for slightly lower risk.

?

Sukanya Samriddhi Yojana – Rs 1,000 per month

This is a very good scheme for girl child.

?

It is safe and backed by the government.

?

Interest is tax-free. Maturity is also tax-free.

?

Lock-in until 21 years, so it suits long-term education/marriage goal.

?

Keep contributing regularly to get maximum maturity benefit.

?

You can expect a large corpus after 21 years with steady investment.

?

Ideal for disciplined investors who want safe and tax-free returns.

?

NPS – Rs 18,000 per month

NPS helps to build retirement corpus over long term.

?

Investment is split between equity and debt automatically.

?

You can also choose allocation yourself with active choice.

?

Equity part can grow well in long term.

?

Returns are market-linked, but more stable than pure equity.

?

There is lock-in till age 60, so ideal for retirement goal only.

?

After retirement, partial amount is tax-free.

?

Some part must be used to buy pension (annuity), which is taxable.

?

Although annuity is compulsory in NPS, you can plan withdrawals smartly.

?

NPS of Rs 18,000 monthly can build a large retirement fund.

?

Keep track of performance every year and rebalance if needed.

?

Provident Fund – Rs 7,000 per month

EPF or PPF is a low-risk long-term savings tool.

?

Interest is tax-free and withdrawal is also tax-free.

?

Suits conservative investors looking for safe capital.

?

PF works well with equity for balanced growth.

?

You already have good exposure across products, which is positive.

?

Over 20 years, this amount grows slowly but steadily.

?

Don’t stop contributions. It’s your retirement backup.

?

You can also open Voluntary PF to increase savings.

?

Expected Total Value After 20 Years

Your total monthly savings is Rs 47,500.

?

This is very strong commitment for your future.

?

With average returns, you may build Rs 2.5 crore to Rs 3 crore.

?

If equity performs well, you may reach Rs 3.5 crore or more.

?

This depends on discipline, patience and smart review every year.

?

Market ups and downs are normal. Stay focused on the 20-year goal.

?

Avoid stopping SIPs during crisis. That’s when real wealth is built.

?

Diversification helps to reduce risk and increase stability.

?

Your current portfolio is well-diversified across equity, debt, and government schemes.

?

It is the right balance for long-term investors.

?

360 Degree Suggestions for Better Results

Do annual review of all investments with a Certified Financial Planner.

?

Check if asset allocation needs to be changed based on your age and goals.

?

Increase SIP amount every year as income grows.

?

Shift RD money to mutual funds or hybrid funds for better returns.

?

Continue Sukanya Samriddhi regularly for daughter’s future.

?

Monitor NPS and PF for performance and tax efficiency.

?

Avoid direct stocks if you don’t have time or expertise.

?

Do not invest in index funds or ETFs.

?

Index funds give average returns without any flexibility.

?

Active mutual funds have skilled fund managers who track markets better.

?

Use regular mutual fund plans through a CFP and MFD channel.

?

Direct plans look cheaper but offer no advice or monitoring.

?

Regular plan ensures review and goal tracking with expert help.

?

Do not invest in real estate unless for own use. It gives low rental returns.

?

No need for annuities. They lock your money with low returns.

?

Focus on growth-oriented, flexible investment tools like mutual funds.

?

Create an emergency fund with at least 6 months’ expenses.

?

Take term insurance to protect your family financially.

?

Health insurance should also cover family members adequately.

?

Tax Rules to Remember

Mutual Fund LTCG above Rs 1.25 lakh is taxed at 12.5%.

?

STCG in mutual funds is taxed at 20%.

?

RD interest is taxed as per your income slab.

?

Sukanya Samriddhi, NPS (partial), PF – tax-free on maturity.

?

Plan withdrawals smartly to save taxes in future.

?

Finally

You are doing a great job by saving across different tools.

?

This structure can give you financial freedom and peace of mind.

?

With smart review and regular investing, your 20-year goals can be fulfilled easily.

?

Stay committed. Be patient. Don’t chase quick profits.

?

Keep it simple. Focus on goals and expert-guided investment.

?

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

...Read more

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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