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Kanchan

Kanchan Rai  |407 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 26, 2023

Kanchan Rai has 10 years of experience in therapy, nurturing soft skills and leadership coaching. She is the founder of the Let Us Talk Foundation, which offers mindfulness workshops to help people stay emotionally and mentally healthy.
Rai has a degree in leadership development and customer centricity from Harvard Business School, Boston. She is an internationally certified coach from the International Coaching Federation, a global organisation in professional coaching.... more
bappa Question by bappa on Dec 26, 2023Hindi
Relationship

Dear, I am a 44 yr old man. I have an issue for which I need some support. We are Bengalis, I am an engineer & was married in 2004. It was an arranged marriage with all those astrological compatibility etc. My wife is 5 yrs younger than me. After my marriage I found that she was very adjusting,loving & people will say that we are an ideal match even today I will also say she is the perfect wife one can have, but one thing I noticed immediately is that she is very unlucky for me. Whenever she is around there will be no success & even things that are working will go wrong. Within 1 yr of marriage, we had a daughter. When she went for delivery I got an opportunity to go to Canada, after a few months she & my daughter joined me & my project closed & I was sent back. Knowing the issue I again sent her for higher education, when she was not around, I got an opportunity to go to the USA, again when they joined me I was sent back. I can give many examples like this, many times we talked about it and met astrologers but all will say our match is perfect. We stayed in Pune. With our daughter around we continued with our family life which I will say was happy, many people will give examples of our family & ostensibly perfect partners we were. But I will tactfully avoid her in times when it was crucial like appraisal etc, & things will work. But I always felt & feared the misfortune she brings. During Covid, this avoidance could not be done & Jan 2023 I was told to leave my job by June 2023. I tried for a lot but could not get a job with her around. In May I sent her to our native & I got a job in Bengaluru. My daughter is in Class 12 in Pune so could not shift my family. In my Pune job , I had a reportee Sumit a Marathi who became somewhat like a friend or better an office tea partner. Many times at tea he would talk about his wife's misbehavior & in the discussion I would tell him how my wife behaves, but my wife had never met with Sumit. They were a childless couple & in Dec 2022 he started living separately from his wife. I being a senior never discussed any private things like family etc with him, One day in May this year out of shear frustration I told him about the bad luck my wife brings, and he responded that" many times one may bring bad luck to one person but maybe good luck to another" Before moving to Bengaluru I called him to our house for lunch since he was staying alone & was having a problem with food etc. Something in my intuition told me that he & my wife may go well, but I never told anyone. A few days later my wife told me that Sumit had sent a Facebook friend request to her & asked me if she should accept it, I said its up to her, she accepted it. My wife has a habit of sending "good morning" messages to a lot of people & I soon found she sent one to Sumit also. I had her Facebook password so could see the messenger messages also. I soon saw Sumit responding to her & they having chats. Initially, she used to tell me about the talks she is having with Sumit but now she has stopped When I moved to Bangalore in June I used to have daily calls & sometimes hot video calls also, I go to Pune every month & we used to have physical relationship but this month when I went to Pune my wife refused getting physical with the reason of she having periods, in Nov she made a purposeful fight with me so that we dont get physical. For 2 months she doesn't do the hot video calls also but regular calls are ongoing. I am in a dilemma, I am happy with my wife but she brings too much bad luck & she has understood it. If I keep quiet now I know by Dec 24 my wife will be Sumit's wife & there traits they will be very happy. But if I even now want I strongly feel that I can stop her drifting further, but I cannot decide if I should do it. Since I think that she going away from my life will stop bringing the misfortune she brings & she & Sumit will be really good partners & will be happy. But I also feel very sad about her leaving me. Please help me with how I should decide. My daughter will complete her 12th next year & I am hopeful by June next year she will be in an engg college hostel & will not be directly affected by this change of relationship.

Ans: Dear Bappa,
I'm sorry to hear that you're going through such a challenging situation. Deciding whether to confront your wife about her growing relationship with Sumit is undoubtedly a difficult and personal choice. It's important to approach this situation with empathy and open communication. Take some time to reflect on your own emotions and the impact your wife's actions are having on you. Consider both the positive and negative aspects of your relationship, as well as your own needs and desires. Choose an appropriate time to have an open and honest conversation with your wife. Avoid accusations and blame, but express your concerns and feelings. Discuss how her relationship with Sumit makes you feel and inquire about her perspective on your marriage Reflect on what you want for your future and whether you believe your marriage can overcome the challenges. Reflect on your own feelings about your marriage. Consider whether your concerns about bad luck and misfortune are based on tangible evidence or if there might be other factors influencing your perception. Consider the impact on your daughter and how decisions might affect her as well. While she may be heading to college soon, a separation or divorce can still affect her emotionally. Consider her well-being in any decisions you make.
Sometimes, people need time for personal growth and self-discovery. This doesn't necessarily mean the end of a marriage but could lead to a stronger relationship in the future. Both partners might need to work on themselves to contribute positively to the relationship It's crucial to make decisions based on your own values, priorities, and the specific dynamics of your relationship. If needed, don't hesitate to seek support from friends, family, or professionals who can provide guidance and assistance during this challenging time.
Asked on - Feb 14, 2024 | Answered on Feb 14, 2024
Dear Thanks for your quick response to my earlier query, during the last 2 months I have tried to follow your advice & have also started support from our office counsellor, I am writing to you again as some aspects I felt ashamed to discuss with the office counsellor & some to have a 2nd opinion. I had deeply thought about my expectations from my marriage & wife. In the last 6 months as I am staying separate in Bangalore, I have found much better & am much more communicative with my wife, discussing & sharing emotionally. When we stay together the continuous expectation would put both of us in a panic & irritation ultimately resulting in fights & also finally not sharing & the bad luck of seeing her face will add oil to the fire, with many of my outbursts not being very parliamentary. So I see our relationship is better if it is long-distance. I discussed this with my wife & she also agrees somewhat, but the basis of husband-wife relationship is to stay together, where we fail. Since we stayed together for 17 yrs we know each other’s problems & historical facts which no one else knows, so frankly I need a long-distance person with whom I can share emotionally, but for my wife she requires someone who is also close to her physically. One idea that I got is to let things be as it is i.e. let her stay in Pune while I stay in Bangalore & she be in a relationship with Sumit & maybe stay with him without legally separating, maybe when my daughter is having holidays, we can have short trips. This will keep the social well-being intact as people will not know as we don’t have any close relatives in Pune. But I am worried about the long-term impact will our marriage last especially what plans should I make in old age. Want your opinion & what precautions do I need to take. In the last 2 mnths, I have been to Pune 3 times for the reason of my daughters JEE for which I help her. I talked with my wife about Sumit in early Jan & she said they are good friends & they share a lot of intimate talks; she was not ready to tell me anything more than that. On asking about physical relationships she was elusive . But she said she doesn’t want to legally separate from me. I also discussed if she wants, we can have a long-distance relationship supporting each other (without naming Sumit) she did not respond. Though Sumit talks to me once in 7-10 days we never talked about his relationship with my wife, we talk about status of his divorce, old office stuffs etc. 2 weeks ago my wife told me that Sumit's parents, divorced sister who had come for a visit to Pune will be coming to our house to meet her. Later she posted some photos in her WhatsApp status for everyone it will look as if some friend had to come to visit her (everyone will think some lady friend). In mid-January in one of my old office colleagues (who is a friend with Sumit) Facebook I saw that in his son's birthday my wife is there (he doesn’t know or have seen my wife), I tactically asked him who that lady was, he said it is Sumit’s friend. Can you please help me if she is going in the same way I am thinking about the future of our relationship. The last point is something which I could not ask anyone. During my last 3 visits to Pune I had sex with my wife. I will like to tell that my wife is always (since our marriage) very passive in sex she has to be told what to do 1 by 1, (though for me it gave me some amount of pleasure command) which she will do properly & maybe sometimes do 1-2 things on her own or ask me to do. She was same this time also. I never had sex relationship with anyone else so this acts maybe in a distance timeframe gives me a lot of pleasure. I am worried what will be this relationship be if she starts staying with Sumit, what is your advice? My counsellor advised me to sit & talk with Sumit & my wife together but really, I am not seeing any reason to do it, do I need to do this joint meeting & if so, what do I need to discuss
Ans: Dear Bappa,

It sounds like you've put a lot of thought into your relationship and your future with your wife. It's positive that you're able to communicate more effectively when you're physically apart. However, the idea of allowing your wife to be in a relationship with Sumit while you stay in Bangalore raises several complex issues, especially concerning the long-term viability of your marriage and your plans for old age.

Firstly, it's important to consider the emotional implications of such an arrangement. While it may alleviate some of the pressures and conflicts in your current relationship, it could also lead to feelings of loneliness, jealousy, or insecurity for both you and your wife. Additionally, maintaining this arrangement without legal separation could create legal and financial complications in the future, especially when it comes to issues like inheritance, healthcare, and support in old age.

Regarding your concern about your wife's relationship with Sumit, it's challenging to determine the nature of their relationship based on the information you've provided. It's possible that they are just good friends, as your wife has stated, but it's also understandable that you might have doubts given the circumstances. Ultimately, trust and open communication are key in any relationship, so it might be helpful to have a candid conversation with your wife about your concerns and expectations.

As for the idea of a joint meeting with your wife and Sumit, while it may provide some clarity, it's important to carefully consider the potential outcomes and whether it will truly address your concerns. It might be beneficial to seek the advice of a counselor or therapist who can help you navigate these complex emotions and decisions.

In summary, it's crucial to prioritize open and honest communication with your wife, as well as seek professional guidance to ensure that any decisions you make are in the best interest of both parties involved.
Asked on - Apr 23, 2024 | Answered on Jun 06, 2024
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Dear. Thanks for response. I have been working with our office counsellor for some time but need a second opinion. To update I had a joint talk with Sumit & my wife in mid-March in which they repeated the same point of being good friends & do not intend to marry & Sumit made it clear he doesn't want to remarry after his divorce. For my wife, she said if I want divorce she is open but she will not initiate. The negative outcome of this for me has been that now she openly goes around with Sumit, which before they were doing somewhat secretly, my daughter has also got the idea. Though my wife only puts very general photos in her FB, WhatsApp status like going to music shows, dressing up but Sumit puts her photos in his FB account, they barely have common friends except Sumit’s family. Even my mom-in -law is not aware of this. Sumit also buys her dresses etc which she wears to this places. Just to mention after the discussion she has started using money which tenants put in her account for many rented properties belonging to her late father in her native,( her brother who stays in USA is not interested in the property & has renounced to her ), though she has CC, google pay etc linked to accounts which I maintain for the last 17 yrs for her. Now this has put me in a difficult situation. I need to decide. I am not a sort of guy who at this stage, age will/can start a new relationship, and neither do I want. On one hand not seeking a divorce will keep the future reconciliation open. I still talk to my wife & take her advice, instruct her as I used to do before. She also discusses with me things like her family, common friends, daughter etc but she doesn't share everything that she used to before & our telephone calls are getting shorter because she just responds to whatever I ask her nothing more about herself. As I told you I have her FB messenger password when I see her conversation with Sumit other then the phone calls she makes I see lots of things she shares about herself & Sumit also replies including talks she has with me & about questions I have asked & replies she has given, they also discuss about it. My office counsellor adviced me to keep status co. what is your take? The second part is something which I am finding very difficult to explain as I had mentioned before for the last 5yrs I wanted not to stay with her due to reasons which I wrote to you in the dec but now feel very sad that she is leaving or have distanced from me. It’s a very odd feeling in the same breath I don’t want her in my life but on the other hand is sad that she is moving towards someone else. My counsellor is only asking me to be mentally strong but it is not helping do you have any other advice
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Ravi

Ravi Mittal  |431 Answers  |Ask -

Dating, Relationships Expert - Answered on Apr 18, 2023

Asked by Anonymous - Apr 16, 2023Hindi
Relationship
I am having an issue that is very difficult for me to live with but living with. It is the bad luck my wife brings when she is around. We are married for 16 years & have a 15 yrs. old daughter, we are Bengalis. My marriage was an arranged marriage But once the marriage was done I found that whatever tasks I tried to do with my wife around is bound to fail Similarly, for my wife it is the same whatever she tries with me it is a failure Examples In the early years I got an opportunity to go to the USA for a long-term assignment, when my wife was in her native for childbirth I went alone & after a few months she joined me, just within 2 months of her joining my project was abruptly closed & I was sent back. This was a wakeup call & just to see how things work I send her to our native to complete her studies & in 2 years it was smooth, but again when she returned within 6 months my Kolkata project got closed & was forced transferred to Pune, I came here alone & within a few months got another job when I brought her to Pune things started going wrong, I got smart & when things will get wrong I will send her to native for some alibi & things will look up, then get her back again things will start getting wrong & again repeat... it was a challenge as my daughter’s schooling was being effected I can give 100s of example how I purposely made sure she is not around when I had to do something critical. I see a similar situation on her side if I am not around things work out but if I am around simply luck will make sure to fail. Now things have gone to the extent that I make plans that she is not there even if I go out for minor tasks like going to an ATM .. if she goes with me the ATMs will be out of order & I have to return without the cash I am a rationalist & never believe in luck or that someone can bring bad luck .. but such has been the repetition of bad lucks & failures when my wife is around that I have succumbed. About 5 years back we started talking to astrologers, palmists & all sorts of people whom I used to ridicule & they tried all their rings, tabiz, etc but nothing worked. My wife takes care more than a modern-day housewife, cooking managing the household, shopping taking the kids to school, hobbies, & she tries to put her best sincerity into it there is no complaint. In fact, she is taken as an idol among many of our relatives & friends for her behavior & ways she maintains relations with others, this has gone to such an extent that many in our family & friends are jealous of her I don’t think it will be possible to continue like this forever but she is a housewife, doing her best We belong to the middle class I simply don’t want her to dump her with people saying all sorts of things as I feel for her BUT cannot stay with her as now she just around makes me feel nervous. I have tried several times to think positively but could never convince myself We have never talked about this in-depth as I know she is helpless & there is nothing for her to change & will only be hurting her. But many times she told me when things go wrong that she is bringing me bad luck & trouble not once but always, I have simply ignored or reasoned with her the logical thing " as the project got closed due to a change in company strategy" etc, but things turning negative when she is around & turning positive when she is not there EVERYTIME for 15 years is really something I can’t convince myself. She is only unlucky for me but for others like her father, relatives & friends she is very lucky, even 2 days ago one of our neighbors called her as someone was coming to see their daughter for marriage, she went & it worked for them, they call her because she has an ideal homely look which such critical guests think “ah they have good company” & also as the neighbors’ aged mother told” since you came our work got done since you are lucky “ Now why I am writing to you is something maybe you have never heard of. One of my office colleagues ( I will tell you he is between a colleague & a friend with whom I spend a considerable amount of time usually discussing office stuff but he is more open to me on his personal issues, I am a little conservative on this front & have never talked or will like to talk about the issues with my wife) who is childless almost my wife's age. He also was in a marriage for about 10 years but his wife has been very violent, he tried his level best met a number of psychologists, etc but things have not worked. 2 months ago he decided to divorce his wife & is now working on the legal formalities. Many a time while talking I will tell him the way my wife behaves & he will really rue if his wife was like this. From my wife's side, I know her choice & this colleague will be his dream prince.( very handsome, smart, very good talker). On asking about plans after the divorce my colleague has told me that he is looking to remarry preferring divorcee/widow as he doesn’t want to have kids at this age. His ideal wife choice matches my wife. He will be looking for after his divorce gets to some stage. I clearly know that both will be a really good match & will be eternal pairs. I am sure she will not be unlucky for him. I had invited my colleague to my home for tea (with me) so that they can meet which they did, I tactically left them alone for some time but I don’t want to talk to my wife about thinking of this colleague as this will be very offensive & if she refuses our relationship may be damaged forever. Also in no way can propose my married wife to my colleague. I don’t want to talk to anyone but create a circumstance or at the most an indirect hint that they can think of to evaluate if they want to be together. Can you please help As a closing note, I will like to mention, in Dec last year I was told that I will be layedoff from my position by June 30, I immediately started searching for other jobs but nothing worked for 3 months, after completion of my daughter annual exams I send them to my native & now I have got a job in Bangalore, I will leave my family in Pune reasoning my daughter should complete her 12th from the school here but the real reason is above. I don’t have any girl in my life but if she moves out then maybe I can think. Also, my wife is among my 3 people for whom I can do anything so that they will be happy other 2 are my mother & daughter. But I am practically abusing/punishing/torturing her just because I can survive. This colleague looks like a once-in-a-lifetime opportunity for everyone to be happy. The only mental block which I need to remove is my colleagues who being a gentleman will never think about my wife & my wife’s that she is in a marriage will never think. If things don’t work out between them then I am Ok with things to go as its going but that’s just spending years. I will take care of her but maybe never stay with her with some alibi & certainly will not be thinking about another girl still she is dependent on me
Ans: Dear Anonymous,

Standing in today's day and age, how can you still believe a person can be the sole reason for someone's good luck or bad? It's just a mere coincidence, whatever has happened.

Anyways, what to want to believe is up to you; coming to the part where you need assistance: you want to leave your wife and set her up with your colleague? I hope I got that right, given how messed up it is. Getting a divorce is your choice; if you aren't happy, or in your case, if you are feeling "unlucky" you might want to end a relationship but how your wife wants to live her life after the divorce is absolutely her choice. How can you, for even a second, think of setting her up with your colleague? You might think you are being generous and trying to take care of her, but it's just you soothing your own guilt.

Leave her if that's what you want; she'll be lucky for it. But don't try to guide her life in whatever direction you want it to go.

Good Luck!

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Anu

Anu Krishna  |1328 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 22, 2024

Asked by Anonymous - Nov 16, 2024Hindi
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Relationship
Hi , I am a professor mech engineer , after death of my wife and due to having 5 year girl baby I planned for 2 nd marriage as I live alone away from home town because my of job with my little baby . I accepted a widow having 2 child ,she was working in a govt job 250 km away , after ensuring and agreeing her possibility of transfer and job vacancy @govt office near my house and ensuring she agreed that she will come to live with me along with her 2 kids and my little baby as her trasfer was due in comming few months . We lived apart during her job at 250 km away.,while meeting on weekly offs 6 /7 time in 6 months , then she take 360 degree u turn and said she will not get job transfer to my place and get her trasfer in other dept. in same previous office. And started telling many reasons like she will loose her children's inheritance in her in-laws property ,she will loose promotion , kids Don't want trasfer , and said we will live apart forever . This was contradictory to earlier agreed things .and my my purpose to live in family with my baby not fulfilled , so after long ruckus ,I mutually got divorce from her , Then After divorce I decided to marry non working women having no child and don't expect child as I am @48 year old and tired of living alone and managing job ,girl , house chores . I married to a divorcee girl from Pune ,she was BA first year college drop out girl of 44 yr age after 6 months of long dating on week ends . During 6 months I tried to know her indepth but was don't used to talk much as I was trying to know her true nature, we visited many places ,movies . She seemed perfect as per my requirement of girl wanting no child , and she is house wife . after marriage she behave well for 1 st week ,then she started trouble to hate my baby ( became kaikai )on pety things , she want my baby to house chores at the cost of her important year of 10th std study . She don't liked me taking tution of girl , she didn't like if I help my girl any way . She don't like if I spent some money on my girl . She used to fight all night and don't let me sleep . Now she stated demanding that she want baby , though I was against and b4 marriage agreed to not have any more child due to old age ,cost ,and no personal time for self , then I agreed to have child but b4 that I got her and my fertility tested ,she had weak eggs and syst on her reproductive organs and doc warned to not go for pregnancy due to risk and probability of unhealthy baby birth , but she kept repeating That she want child we consulted 4 Drs. She used to fight and go to her mother's home for 2/4 months after living with me for 2/3 days only . Now she wants divorce , and asks me to keep my girl in hostel if I want her in my life . This Ramayan has left me baffled , What should I do ??? .....
Ans: Dear Anonymous,
The reason to marry for you mainly has been companionship, a mother for your daughter...
And marriage is not a transaction BUT a meeting of minds...when there is no compatibility, there is no space for agreeing on the same things or wanting to make things work which is possibly what has happened with your 2nd and 3rd marriage.
If you want this marriage to work, there has to be an equal commitment by both of you, so, start by emotionally bonding first. Slowly build on this by making goals for the marriage and the future...your only goal can't be mother for your child...not all women are going to readily accept this and some may even falter along the way. Allow the lady and your daughter to bond together for sometime so they develop a unique relationship...
Understand that transactional relationships do not last; so, invest enough time in building trust in that companionship for it to become something meaningful

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Ramalingam

Ramalingam Kalirajan  |7128 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 26, 2024Hindi
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Money
Hello, I am 43 yrs old. Few years back I had 10 lac in hand. in order to secure funds for my child education who was 9 yrs old in 2021, I invested that 10 lac in pnb metlife supersaver plan policy with 5 yr premium payment and policy terms 10yrs. I have already paid 4 annual payment for 4 premium of 2 lac each, and One last premium is due next year. Policy will mature in 2031. Now I m in doubt if applied in worthy investment? Also now I plan to invest 5000-10,000/- monthly in some SIP for 2 reason: one for my retirement and other for my second child's education plan who is currently 6 yrs old. I want to save money for my kids education so that I can send them abroad for higher education. Kindly guide me which funds shall I invest in. ? My monthly income is 70,000/-. Thanks in anticipation.
Ans: Your decision to invest Rs 10 lakh in a PNB MetLife Super Saver plan reflects your concern for securing your child's education. However, let us assess its worthiness:

Investment vs. Insurance: Insurance policies combining investment often provide lower returns than mutual funds.
Returns Analysis: These plans generally deliver 4%-6% returns, which may not outpace inflation.
Premium Commitments: You have paid Rs 8 lakh, and one more premium of Rs 2 lakh is due.
What Should You Do With the Policy?
Continue Until Maturity: Since you have already paid 80% of premiums, it may be wise to complete the last payment. Exiting now might result in surrender charges and a financial loss.

Reinvestment After Maturity: When the policy matures in 2031, reinvest the proceeds in equity mutual funds for better returns.

Starting Monthly SIPs for Retirement and Education
1. Assess Your Goals
Your primary goal is funding higher education abroad for two children.
The second goal is building a retirement corpus to secure your future.
2. Suggested SIP Approach
Equity Mutual Funds for Growth:

Allocate 70%-80% to equity-oriented funds for long-term wealth creation.
Opt for actively managed funds instead of index funds for better growth potential.
Debt Funds for Stability:

Allocate 20%-30% to debt mutual funds for low-risk and stable returns.
Debt funds also ensure liquidity and risk mitigation.
Advantages of Regular Funds Through Certified Financial Planners
Expert Guidance: Regular plans include advice from Certified Financial Planners.
Simplified Investment: Professional management reduces the hassle of fund selection.
Better Tracking: Periodic reviews by CFPs help optimise your portfolio performance.
Direct funds may seem cost-effective but lack personalised advice and ongoing support.

Breakdown for SIP Allocation
Child Education Fund
Start SIPs of Rs 5,000 to Rs 7,000 monthly in diversified equity funds.
Increase SIP amounts every year in line with your income growth.
Invest for at least 10-12 years to build a significant education corpus.
Retirement Corpus
Start SIPs of Rs 3,000 to Rs 5,000 monthly in equity and hybrid funds.
Focus on long-term growth with disciplined investments.
Increase contributions as your financial capacity improves.
Tax Considerations for Mutual Funds
Equity Funds: LTCG above Rs 1.25 lakh is taxed at 12.5%, and STCG is taxed at 20%.
Debt Funds: Gains are taxed as per your income tax slab.
Keep this in mind for better financial planning.
Action Plan
Immediate Steps
Complete the final premium payment for your existing policy.
Start SIPs in mutual funds immediately to benefit from compounding.
Set aside 6-12 months of expenses as an emergency fund.
Long-Term Strategies
Increase SIP contributions yearly to match inflation and growing financial needs.
Monitor your portfolio performance every six months with the help of a CFP.
Ensure adequate health and life insurance coverage for your family’s safety.
Final Insights
Your financial goals are ambitious but achievable with proper planning. Continue your current insurance policy until maturity, and simultaneously begin SIPs in mutual funds. Diversify investments between equity and debt for optimal growth and stability. Consistent monitoring and disciplined investing will help you build a secure future for your children and retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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Ramalingam

Ramalingam Kalirajan  |7128 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 26, 2024

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Money
Hello Sir- At present my SIP portfolio is 1cr. how much shall i get on monthly basis if i plan for SWP
Ans: An SWP allows you to withdraw a fixed amount regularly from your mutual fund investments. It is ideal for creating a steady income post-investment.

Your portfolio of Rs. 1 crore can be efficiently utilised for an SWP while keeping your capital intact or growing it gradually, depending on withdrawal and returns.

Factors That Determine Your Monthly SWP Amount
Several factors impact how much you can withdraw monthly:

Portfolio Growth Rate: The average annual return on your mutual fund portfolio.

Equity funds may provide returns of 10-12% over the long term.
Balanced funds may offer returns of 8-10%.
Withdrawal Rate: A sustainable withdrawal rate ensures your portfolio lasts long. Typically, a 6-8% annual withdrawal is advisable.

Investment Allocation: The balance between equity and debt investments affects returns and volatility.

Market Conditions: In volatile periods, higher withdrawals can erode your portfolio faster.

Ideal Monthly SWP for Your Portfolio
Option 1: Moderate Growth with Safety
Withdraw 6% annually, equivalent to Rs. 50,000 per month.
This approach ensures your capital remains largely intact and grows modestly.
Option 2: Balanced Growth and Income
Withdraw 8% annually, equivalent to Rs. 67,000 per month.
This balances regular income with portfolio longevity.
Option 3: Higher Income for Immediate Needs
Withdraw 10% annually, equivalent to Rs. 83,000 per month.
Suitable if you prioritise income but may reduce portfolio longevity.
Tax Implications
SWP has tax benefits compared to withdrawing from fixed-income products:

Equity-Oriented Funds:

LTCG above Rs. 1.25 lakh is taxed at 12.5%.
STCG is taxed at 20%.
Debt-Oriented Funds:

Both LTCG and STCG are taxed as per your income tax slab.
SWP withdrawals are considered a mix of principal and returns, reducing immediate tax liability.

Advantages of SWP
Steady Cash Flow
Provides a predictable monthly income without relying on dividends or interest.
Capital Growth
Allows the remaining portfolio to grow, ensuring income sustainability.
Inflation Adjustment
You can revise withdrawal amounts periodically to match inflation.
Tax Efficiency
Compared to traditional fixed-income options, SWP offers lower taxation over the long term.
Suggested Strategy for Your SWP
1. Diversify Across Funds
Maintain a mix of equity and debt funds.
Equity funds provide growth; debt funds ensure stability.
2. Start with a Moderate Withdrawal Rate
Begin with 6-8% annually.
Review and adjust the withdrawal rate based on portfolio performance.
3. Keep a Contingency Reserve
Allocate a portion of your portfolio to liquid funds for emergencies.
4. Work with a Certified Financial Planner
A CFP can tailor the withdrawal rate based on your goals and portfolio performance.
They will also help rebalance your portfolio periodically for optimal returns.
Risks to Consider
Market Volatility
Equity markets can fluctuate, affecting portfolio growth during withdrawals.
Overdrawing
Withdrawing more than the sustainable rate can deplete your portfolio prematurely.
Inflation
Failing to adjust withdrawals for inflation may erode purchasing power over time.
Taxation
Understand the tax implications and keep records for annual filing.
Finally
Your Rs. 1 crore SIP portfolio can generate a steady monthly income through an SWP.

Start with a withdrawal rate of 6-8% for sustainable income.
Diversify across equity and debt funds to balance growth and safety.
Adjust withdrawals periodically to match inflation and portfolio performance.
Work closely with a Certified Financial Planner to create a customised SWP plan that aligns with your needs and ensures long-term financial stability.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7128 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 26, 2024

Asked by Anonymous - Nov 20, 2024Hindi
Money
Hello, I am 40 years old, and my monthly income after taxes and parental support is INR 2 lpa. I have many loan-free plots totalling INR 1.5 crore. Last year, I purchased a villa for one crore with a loan of INR 42 lakhs for ten years at an interest rate of 8.6%. I invested INR 30 lakhs in cryptocurrency over the long haul and roughly INR 2 lakhs in mutual funds. My monthly pf contribution is roughly INR 30,000, with an additional INR 16,000 for the pension plan. My monthly family expenses are around one lakh considering my office trips. Please advice me on a good retirement plan.
Ans: You have a solid income and good asset holdings.

Your Rs 2 lakh monthly income after taxes and parental support is commendable.

Owning loan-free plots worth Rs 1.5 crore adds significant financial security.

The villa purchased for Rs 1 crore and the ongoing loan of Rs 42 lakh require focused management.

A monthly contribution of Rs 30,000 to your provident fund and Rs 16,000 to your pension plan is a good step.

Monthly family expenses of Rs 1 lakh are manageable with your income.

Investments of Rs 30 lakh in cryptocurrency and Rs 2 lakh in mutual funds add diversity but require caution.

Let us now analyse and strategise your retirement planning from all angles.

Assessing Current Investments
Real Estate Holdings
The loan-free plots worth Rs 1.5 crore provide stability. However, they are illiquid and offer no regular income.

The villa loan needs attention. A 10-year loan tenure is manageable but has significant EMIs. Consider prepaying this loan partially when possible to save on interest.

Cryptocurrency
Investing Rs 30 lakh in cryptocurrency involves high risk. Cryptocurrencies are highly volatile and unregulated.

Avoid increasing exposure to this asset. Diversify into other low-risk, stable options for better balance.

Mutual Fund Investments
The Rs 2 lakh in mutual funds is a good start but too small compared to other holdings.

Prioritise increasing mutual fund investments in actively managed equity funds. These funds can offer higher returns over the long term compared to index funds.

Provident Fund and Pension Plan
Your provident fund contribution of Rs 30,000 per month is commendable. It builds a reliable retirement corpus.

The Rs 16,000 contribution to the pension plan is also a positive step. Ensure this plan offers adequate returns and flexibility.

Identifying Key Financial Challenges
Your high family expenses consume a significant portion of your income. Balancing savings and expenses is crucial.

A Rs 42 lakh villa loan at 8.6% interest requires a structured repayment strategy.

Cryptocurrency exposure needs risk management.

Strategic Retirement Plan
Step 1: Building a Comprehensive Emergency Fund
Keep 12 months of expenses (Rs 12 lakh) as an emergency fund.

Use a mix of liquid mutual funds and fixed deposits for accessibility.

Step 2: Reducing Debt Burden
Consider prepaying the villa loan partially when you receive bonuses or surplus income.

Focus on reducing the loan principal to lower the interest burden.

Step 3: Enhancing Mutual Fund Investments
Allocate Rs 50,000 monthly towards actively managed equity mutual funds through a systematic investment plan (SIP).

Regular funds, invested via a certified financial planner, provide better monitoring and advice.

Avoid direct mutual fund investments due to limited advisory support.

Step 4: Diversify with Debt Mutual Funds
Allocate Rs 25,000 monthly to debt mutual funds for lower risk and stable returns.

Debt funds can complement equity investments, providing better balance.

Step 5: Minimising Cryptocurrency Risks
Limit your cryptocurrency exposure to 5% of your total portfolio.

Avoid adding new investments here. Instead, divert funds to safer avenues.

Step 6: Increasing Retirement Savings
Increase contributions to the provident fund using voluntary contributions if possible.

Review the pension plan for better flexibility and ensure it meets your retirement needs.

Step 7: Insurance Protection
Review your existing life and health insurance policies. Ensure adequate coverage for your family’s financial security.

Consider a term life insurance policy if not already in place.

Tax Planning
Use tax-saving mutual funds (ELSS) to optimise tax savings while growing wealth.

Leverage the new capital gains tax rules when selling mutual funds.

Maintain a clear record of investments and expenses for smooth tax filing.

Regular Monitoring and Adjustments
Review your financial plan every year to align with changes in income, expenses, or market conditions.

Work with a certified financial planner for professional insights and proactive strategies.

Finally
Your current financial situation is strong, but balanced planning is needed for sustained growth.

Focus on debt reduction, diversification, and disciplined investing. These steps will secure your retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |7128 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 26, 2024

Listen
Money
Hello sir I have started my SIP with 20k before 9 year and right now it’s 40k per month. Right now my portfolio is around 60L. My goal is to built 8cr in anther 13 year. How can it be achieved please guide me ..?
Ans: Your consistent SIP growth is impressive. Reaching Rs 8 crore in 13 years is achievable with structured planning and disciplined investing. Let’s analyse your situation and guide you.

Assessing Your Current Portfolio
Your portfolio has grown to Rs 60 lakh, which reflects strong commitment.

SIPs of Rs 40,000 per month is commendable.

With the right asset allocation, you can potentially meet your goals.

Steps to Achieve Rs 8 Crore in 13 Years
1. Review Existing Investments
Check your portfolio's annualised returns over the past nine years.
Assess if your funds are performing consistently above their benchmarks.
Avoid index funds; consider actively managed funds for better returns.
2. Increase SIP Investments Periodically
Incremental SIPs are necessary to reach Rs 8 crore in 13 years.
Increase SIPs annually by 10%-15%, aligned with your income growth.
Regular increments ensure compounding works effectively over time.
3. Asset Allocation Strategy
Equity exposure should remain significant for wealth creation.
Allocate 70%-80% to equity-oriented mutual funds.
Keep 20%-30% in debt funds for stability and liquidity.
Disadvantages of Index Funds and Benefits of Actively Managed Funds
Index funds replicate market indices but lack flexibility in market fluctuations.
Actively managed funds adapt to changing market conditions.
Skilled fund managers in active funds aim to generate higher returns.
Index funds miss opportunities to outperform during volatile phases.
Role of Diversification
Spread investments across different fund categories like large-cap, mid-cap, and small-cap.
Include sectoral or thematic funds cautiously, if required, for added growth potential.
Tax-Efficient Investments
Long-term capital gains (LTCG) above Rs 1.25 lakh attract 12.5% tax.
Opt for strategies that minimise tax liabilities.
Use systematic withdrawal plans (SWPs) for income generation in retirement.
Emergency Fund and Risk Management
Ensure an emergency fund equal to 12 months of expenses remains intact.
Review your life and health insurance coverage regularly.
Monitoring and Regular Review
Review your portfolio every six months or annually.

Exit funds that consistently underperform or deviate from your goals.

Engage a Certified Financial Planner to guide fund selection and periodic reviews.

Stay Disciplined and Patient
Avoid unnecessary redemptions to let compounding work over time.
Market fluctuations are natural; focus on long-term goals, not short-term noise.
Final Insights

Your disciplined approach and consistent SIPs provide a strong foundation for reaching Rs 8 crore. Enhancing SIP amounts, maintaining proper diversification, and regularly reviewing your investments will ensure success. Start making incremental adjustments and stay focused on your long-term goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7128 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 26, 2024

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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