i am in the merchant navy working as a second engineer , what are the retirement options ? Teaching is not feasible as i reside in Bangalore and there are no marine institutes here .

Ans: Hi Ajay, understand the SSY and PPF are also not givin you enough returns, your SIP in index funds and FD all are ineffecient return making assets. Buying a site will not ensure liquidity when you will need it the most, and 10L health insurance for a family of 4 is low as well.
Having a constant income of 1-1.5L p.m. means annually 12-18L of income, and to have a passive income like that, your corpus should be 15-16x of the annual income --> which means we are looking at 1.8Cr to 2.7Cr of corpus in the next 5-6 years.
There are a lot of flaws in your investment strategies because at one place you are wanting to lock in money at a site, in SSY and PPF and on the other you are looking to earn 1-1.5L p.m. which is possible through liquid investments.
I would love to help you out, but to me it feels like there is a gap in the knowledge about investments and personal finance. If you are wanting to have a detailed conversation about your investments and where you can park your money to grow it to have the monthly income you want after a certain number of years, visit my website www.slwealthsolutions.com

Ans: Education is an investment, but at 40 with no income, no job, and no assets, taking an unsecured loan is financially risky.

Do not borrow without a clear repayment plan or guaranteed employability after the course.

Instead, choose:

Free or low-cost certified cybersecurity courses (many top institutes offer them).

Skill-based government programs (e.g. NSDC) with minimal fees or EMIs after placement.

Build skill first, then earn, then upskill with paid advanced certifications.

Avoid debt at this stage without income support. Let me know if you'd like a structured, no-loan learning plan.

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

Ans: Hello Sanjiv, you have a lot of money parked in debt instruments like FD, PPF and not-liquid assets like properties as well. I would advise you to calculate your income from each asset on a yearly basis in % terms. I think that will give you a true picture of what you are earning as of now vs what you can earn in equity mutual funds which are managed by professionals.
We can have a detailed conversation around your situation and I can help you understand what re-shuffling can be done in your asset portfolio (with continuing rental+interest income) with greater capital appreciation, visit my website www.slwealthsolutions.com if you are interested

Ans: Hi,

First of all, don’t focus on what others are doing or how they are doing it. Each of us is unique. Don’t worry about the marks; don’t get tense. Instead, reflect on the mistakes you’ve made. Just identify and analyze them. You can easily score more than 675 if you put your mind to it. You still have enough time.

Remember to do smart work rather than just hard work.

How can you identify the correct answers? Check the relevance of the answer to the question. This is another way to find the right answer.
Start practicing yoga and meditation to concentrate

If you need any further assistance, please feel free to post your query.
BEST WISHES.

Ans: Hi Vinay,

As a student of Biology, Physics, and Chemistry, here are some options for further studies aside from NEET:

- BNYS (Bachelor of Naturopathy and Yogic Sciences)
- Nursing
- Pharmacy
- Agricultural, Horticultural, and Forestry Sciences
- Medical Laboratory Technology (MLT)
If you need any further assistance, please feel free to post your query.
BEST WISHES.

Ans: Hello, you have an income of 1.25L per month and fixed expenses of 50k a month, here I am not sure whether your monthly expenses are taken into consideration or not. I think there is some knowledge lacking on your part about investing and passive money sources. I would be very happy to help you but this will require a detailed conversation, please visit the website slwealthsolutions.com if you are interested.

Ans: HI,
Chances are available to secure a seat in private or mid-tier government colleges. Do participate in the counseling process.
BEST WISHES.

Ans: HI SIDDHARTH,
Possibilities to secure a seat either in Tirupati or Berhampur.
BEST WISHES.

Ans: HI PINTU,
NO.
There is no fee charged specifically for registration in the categories during the JoSSA registration process for IITs. Once a seat is allotted and accepted by the aspirant, the aspirant must pay a fee for the seat acceptance.

BEST WISHES.
BEST WISHES.