I am 36 years. I have been married for last 5 years and we have a 4 years old boy. Though she was my girl friend during my college days, we broke up after college as we have many differences. Then I met with a girl who loved me a lot. During this period she too had some relationship but I never asked and tried to know about it. But finally in a film like situation I got married with my previous girlfriend as our families arranged our marriage. Day by day our differences are increasing and we dont have any love or respect for each other and just for the baby I am continuing my relationship. I miss the second girl too much every now and then. Since my marriage I have not in touch with her. But it is not possible for me to forget her. What should I do ? Please suggest

Ans: Your portfolio showcases disciplined investments:

Rs. 1 crore in mutual funds.

Rs. 1 crore in PMS.

Rs. 20 lakh in PPF.

Rs. 60 lakh in fixed deposits.

A real estate asset worth Rs. 2 crore to be sold in 6 years.

A home loan liability of Rs. 65 lakh.

You aim for Rs. 2 lakh monthly expenses post-retirement at 50.

This diversified portfolio indicates a strong foundation. Let us optimise it for sustained income and financial stability.

Key Priorities
Generating a stable income post-retirement.

Protecting against inflation and rising costs.

Ensuring liquidity and tax efficiency.

Preparing for contingencies, such as medical expenses.

Strategy for Future Expenses
Step 1: Use Real Estate Sale Proceeds Strategically
Selling the property in six years will generate Rs. 2 crore.

Pay off the home loan of Rs. 65 lakh to become debt-free.

Invest the remaining Rs. 1.35 crore in instruments providing monthly cash flow.

Consider options like SWPs from mutual funds and balanced allocation.

Step 2: Strengthen Mutual Fund Investments
Diversify across large-cap, mid-cap, and balanced advantage categories.

Continue holding actively managed funds for long-term growth.

Use a Certified Financial Planner (CFP) for advice on optimising fund selection.

Prioritise regular funds through an MFD with CFP credentials over direct plans.

Step 3: Redeploy PMS Investments
Evaluate the performance of your PMS portfolio.

PMS often has high fees and limited flexibility.

Move funds to mutual funds for better cost efficiency and liquidity.

Allocate to equity mutual funds for higher long-term growth potential.

Step 4: Optimise PPF and Fixed Deposit Holdings
Continue PPF contributions for tax-free, stable returns.

PPF is a low-risk asset and complements equity investments.

Fixed deposits should be reduced to avoid overexposure to low-yield instruments.

Reinvest part of the FD corpus into debt mutual funds for better returns and tax efficiency.

Step 5: Create an Emergency Fund
Set aside Rs. 10-12 lakh as an emergency fund.

Use a mix of liquid funds and high-interest savings accounts for this purpose.

This fund should cover unexpected expenses like medical emergencies or sudden repairs.

Step 6: Plan for Retirement Income
Invest in a systematic withdrawal plan (SWP) for steady income.

Use Rs. 2 crore from mutual funds and PMS, allocating for growth and stability.

Ensure a mix of equity and debt for inflation-adjusted returns.

Focus on capital preservation while generating income.

Addressing Inflation
Inflation will erode Rs. 2 lakh’s purchasing power over time.

Invest in equity and balanced funds for long-term growth.

Review investments every year to rebalance based on inflation trends.

Tax Efficiency
Mutual fund capital gains attract taxes as per the new rules.

Equity mutual funds: LTCG above Rs. 1.25 lakh taxed at 12.5%.

Debt mutual funds taxed as per your income tax slab.

PPF is tax-free and should remain untouched till maturity.

Strategise withdrawals to minimise tax liability.

Healthcare and Insurance Planning
Assess your existing health insurance.

Upgrade your coverage if needed, keeping future medical inflation in mind.

Build a dedicated healthcare corpus.

Consider critical illness coverage for additional protection.

Retirement Lifestyle Adjustments
Maintain a lifestyle matching your retirement income.

Control discretionary spending to extend the portfolio's longevity.

Track expenses and ensure spending stays within the planned budget.

Final Insights
Your existing portfolio reflects strong savings discipline.

Focus on reallocating low-return assets to higher-yield investments.

Plan withdrawals and investments for tax efficiency and inflation protection.

Regular reviews with a Certified Financial Planner will ensure alignment with goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ans: I think repeated failure enhanced his stress level and second thing is 24 X7 discussion about placement in home. Let him relax for seven days. You and other family members don't discuss about his placement hence onward. Let him improve his communication skill and see the style of giving a good interview from you tube videos. The most important thing is let him appear for the next interview very boldly with zero hope. That zero hope and boldness will bring a positive result. Apart from REDIFF GURU I do global counselling through social media. So be rest assured this medicine will work. Best of luck to your son. Just follow me. GOD BLESS HIM. Professor..................................:)

Ans: Since she is having huge experience age will not be a factor. Secondly M.Tech from IISc Bangalore will have a great future, because it is one of the top most institutes of the country and globally famous. Just follow me. Best of luck to her. MAY GOD BLESS HER. Professor...................:)

Ans: Yes. Certainly it was a wrong decision. A bird in hand is worth than two birds in bush. She must have accepted the offer of Tech Mahindra, After selection why TCS is again taking test? This is not ethical. But now if she approaches Tech Mahindra probably she won't get a response. So try elsewhere. Mind that DECISION DECIDES DESTINY. If your decision is wrong you are bound to fail. So no more lamenting over the spilt milk. In future take correct decision. Secondly her GPA is too high. Many times organizations don't select very high GPA candidates, because their stability becomes a question mark. Due to very high GPA they never become satisfied with any job. They always think they are underpaid and deserve more. Please keep one thing in mind once you join a job your GPA becomes dead, then your performance will decide your future prospects. Just follow me. Best of luck to her. GOD BLESS HER. Professor................:)

Ans: There is not much difference between BE and B.Tech. Technically speaking BE is more theory oriented and B.Tech is more practical oriented. But there are many colleges ( All NITS) who earlier used to give BE ( when they were Regional Engineering Colleges) and now they are giving B.Tech. So go for any one. It will not affect his career. Though now-a-days maximum colleges, institutes and universities are offering only B.Tech. So chance of having B.Tech course is much more. Best of luck to your son. Just follow me. MAY GOD BLESS HIM. Professor......................................:)

Ans: I think you didn't go for the update of your Bio-Data. Go for an online MBA course as per your choice. Since you are in Automotive sector you can go for MBA (Operations). After that or even while pursuing that start seeking new job and in your Bio-Data that the MBA is in progress. I am sure you will get a break. Just follow me. Best of luck. MAY GOD BLESS YOU. Professor......................:)

Ans: Approach the companies like
Pfizer
Biocon
Astrazeneca
Novartis
Sun Pharmaceutical Industries
Genmab
Ionis Pharmaceuticals Inc.
Alkermes PLC
Biomarin Pharmaceutical Inc.
Panacea Biotec
Cipla
Ranbaxy
Dr Reddy's
Bharat Biotech
Serum Institute of India

Best of luck. Just follow me. May God Bless You. Professor......................:)

Ans: You can do an online BBA and after that you can go for online or off line MBA as per your situation. Best of luck. Just follow me. May God Bless You. Professor.................:)

Ans: The IPMAT full form is Integrated Programme in Management Aptitude Test. The IPMAT exam is a moderately challenging exam for admission to dual degree Five Year Integrated Programme in Management (BBA+MBA) programmes at IIM Indore , IIM Rohtak, IIM Ranchi, IIFT, TAPMI, and other premier business schools. There are many online coaching centres. You just search in net.
Now I won't suggest anything about CA, ACCA, CMA and CS. First let her concentrate for IPMAT. Best of luck to her. Just follow me. GOD BLESS HER. Professor......................................:)