PPF Maturity: Should I Repay Housing Loan or Look at Other Investment Options?

Ans: You Have Taken a Very Important First Step

You have shared your situation honestly.
That itself shows your clarity and courage.
Many people avoid facing these life questions.
But you are thinking about your future early.

That is not weakness. That is strength.
You want to plan better, live with dignity, and stay independent.

Let us now explore how you can move forward.

Emotional Health Is as Important as Financial Health

Feeling lonely is not a personal failure.
This happens to many people, especially in later stages.

But loneliness can affect your health, confidence and energy.
So emotional well-being must also be planned.

Here are some steps to take for emotional stability:

Join community-based senior citizen clubs or men’s support groups.

Volunteer in social or religious organisations nearby.

Spend more time in parks or public libraries.

Attend free local workshops, health camps, or senior hobby circles.

Join digital groups where people share similar life stories.

You can also try to reconnect with old friends or classmates.
If possible, talk to a professional therapist.
You may get clarity and courage to move forward with strength.

Mental peace is your foundation.
Every other area will build better if your mind is clear.

Income Loss Needs Calm Planning, Not Panic

Job loss can feel heavy.
It creates fear about future income and expenses.
But worry will not help. Proper planning will.

Let’s assess your situation with these key questions:

Do you have any emergency savings?

Do you have PF, gratuity, or old investments?

Is your mother financially dependent on you fully?

Are you receiving any rental or pension income?

Do you have any LIC or traditional policies?

If you hold LIC or ULIP or investment-insurance policies,
Those should be reviewed immediately.
Surrendering those and reinvesting in mutual funds may be wise.

A Certified Financial Planner can help analyse that for you.
You need a structure that gives monthly income and liquidity.

Don’t delay this review. You need clarity to act.

Your Mother’s Care Also Needs to Be Protected

You are staying with your mother.
She must be elderly now.
Her health and care will also need some preparation.

Here are some points to check:

Does she have health insurance now?

If not, you must protect her with basic medical fund.

Keep Rs. 1 lakh separately only for her emergencies.

If she is eligible for government schemes, do enrol her.

Also, try to simplify her banking and mobile usage.
Digital tools can help you track and manage her needs.

If possible, keep one trusted neighbour or cousin informed.
That one person can be a backup support if needed.

Don’t carry the whole burden silently.
Even a small circle can be helpful.

Start Thinking of Your Own Medical and Long-Term Needs

Age 52 is the right age to start preparing for old age.
You are not too late. But don’t wait more.

Think about your personal health and mobility:

Do you have any current medical issues?

Are you insured with a good health policy now?

Is your health insurance individual or employer-provided earlier?

If you had employer cover, that will now be inactive.
You need your own health policy as early as possible.

Start with a basic policy, then increase later.
Premiums rise with age. So earlier is better.

Also, start creating a medical emergency fund of Rs. 3 to 5 lakhs.
Keep this in a liquid mutual fund or sweep-in FD.

Health events can come anytime.
With insurance + fund, you are protected.

Thinking About Senior Care Homes and Assisted Living

Your concern about future care is valid.
Being alone during old age can be hard.

Booking a care home now is not necessary.
But understanding options early is smart.

Here’s how to approach it:

Visit senior homes in your city or nearby areas.

Understand their admission process, fees, services and reviews.

Make a short list of 2–3 places that feel reliable.

Keep a folder ready with documents and preferences.

Do not pre-book unless needed.
But do keep your research ready and saved.

Also keep your close relatives or executor informed about your wishes.
Keep a Will and a Letter of Instruction ready for the future.

That gives you peace of mind.
Your future care will be on your terms.

Investing for Monthly Income and Stability

Without a job, you need a reliable source of income.
This can come from mutual fund income plans.

These funds are actively managed and adjust based on market cycles.
They work better than bank FDs or index funds.

Index funds just follow the market blindly.
They don’t protect during down periods.

Actively managed mutual funds, under CFP guidance,
Give better returns with risk protection.

Also, avoid direct mutual fund plans.
Direct plans may seem low-cost.
But you lose expert guidance and timely reviews.

Investing through Certified Financial Planner under regular plan
Gives you goal-based strategies, rebalancing and personal support.

At this stage, regular plan is safer and more useful.
Peace of mind is more important than tiny cost savings.

Start a plan that provides a monthly payout from your capital.
You can choose SWP (systematic withdrawal plan) through mutual funds.
This provides income while your money keeps growing.

Your financial plan must be 360-degree:

Health planning

Emergency buffer

Monthly income

Retirement fund

Estate planning

Don’t look for just one solution.
A full system will keep you secure.

Other Important Steps to Take Now

Create a file of important documents: Aadhaar, PAN, passbook, insurance, medical reports.

Make a nomination for all accounts and investments.

Write a basic Will even if assets are small.

Avoid loans or liabilities unless for emergency.

Cut unnecessary expenses until income stabilises.

If possible, try part-time, freelance or online projects.

You can also teach tuitions, do typing work, or sell skills online.
Any small income brings energy and confidence.
Keep trying different options till something works.

Finally

Your future is still in your hands.
Age 52 is not the end. It is a beginning of the next phase.

You have taken the first step with courage.
Now move ahead step-by-step with planning.

Keep your mind strong, your routine simple and your support circle active.
Financial discipline, medical readiness and emotional peace – these three must be your focus.

Care homes are one part of planning. Not the only part.
Start building your self-care system today.

And get expert help through a Certified Financial Planner.
That will make your journey smoother, structured and peaceful.

You deserve a safe, strong and independent future.
That is 100% possible with proper planning.

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