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Anu

Anu Krishna  |873 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 08, 2022

Anu Krishna is a mind coach and relationship expert.
The co-founder of Unfear Changemakers LLP, she has received her neuro linguistic programming training from National Federation of NeuroLinguistic Programming, USA, and her energy work specialisation from the Institute for Inner Studies, Manila.
She is an executive member of the Indian Association of Adolescent Health.... more
PK Question by PK on Nov 08, 2022Hindi
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Relationship

Dear Anu,
I would prefer to go anonymous.
I am 45+ years old and my wife is 45 years old. We have 2 daughters (12.5 yrs and 8 yrs) and as per me, we are a happy family unit.
I do not live with my parents and live in another city. I have an unmarried sister who stays with my parents so I don't really have to worry about them a lot. Though I do care about them.

The problem that I face is my father is really obsessed with having a grand-son and has been demanding about it.
Recently my mother passed away and my father started saying that my Mom was really looking forward to have a grandson, but because I did not take it seriously, her desires are unfulfilled.
He has always been pushing for this point since the birth of my second daughter.
In my mind, I would also have loved to have a son, but my wife is very clear that we should not get into it now.
I am always stressed as on one hand my father does not want to listen and my wife is also firm on her stand.
I am totally lost because of the situation and this has taken a toll on my self-confidence.
I always get a feeling that I am not favoured by God and any decision I take will always backfire on me and hence I am unable to focus even on my work.

Please let me know what I should do to come out of this internal and external chaos.

Ans:

Dear PK,

External chaos is caused by internal chaos. Which era are you all living in?

Movies and commercials and docuseries have been made to share the relevance of both genders in our ecosystem and over the past few decades the shades of genders have beautifully merged to create one big Universe.

Yet, you and your family choose to harp on having a son and grandson.

Okay, it might have been your mother’s wish and your father’s stubbornness currently, but what happened to you?

Kindly leave your wife alone before she explodes on your face calling you out.

Be happy with two beautiful children that you have been blessed with.

Most of our suffering stems from the fact that we compare our lives with that of others, we have a projected image of what our life should be or could be and, in your case, a life that is being demanded out of you by your family.

Why wouldn’t this cause you strain? And the best part, it is your choice to suffer by playing the victim by saying that God does not favour you.

Kindly maintain a Gratitude journal and list down ALL that you are thankful for.

You might hopefully be able to see what you have been missing to appreciate and what you have been aimlessly running after.

As far as your father goes, either you ignore his pleas as of that coming from the previous generation or sit him down and patiently explain that his views are something that might not work in the current day and especially within your family.

Though I can see this only after you begin to change your mindset. Appreciate and value what you have!

Best wishes!

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Anu

Anu Krishna  |873 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 27, 2020

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Relationship
Hello Anu, I am 48, male. I married in 2007 and we were blessed with a daughter in 2015. Ever since we were pregnant, I left my regular job and started working from home instead. Things went off smooth and professionally there is not much of a problem. Agreed, 2020 has been quite a bad year for almost everyone and I am no exception. But then, things are somewhat better with me when I see people around and learn about their getting unemployed or otherwise. My problem is related to family, relationship with my wife and this has started playing on me. The last time we indulged in any sexual activity was probably before my wife became pregnant. And even before that, she was always uninterested in having anything physical between us. At max, we would have sex just once a month. But after her birth, we have never had sex, no time together. The most we talk about in a day is the stock of this is finishing up or you need to get this or that kind of things. She works in an office, so she has friends, people whom she can talk to and spend time. I stay home caring for my daughter. Though most of the day is spent with caring for her, there is something that is dying inside me. I had tried asking her to make a visit to the consultant locally, but she has always denied. And she keeps telling me that all I need is sex from her, which of course has never been true. I wished there was some medical solution for my problems but I know there is nothing wrong. It is just some psychological issue. At times I just want to leave up everything and quit, but then I prefer not to do it thinking about the daughter. I now feel that I do need some friends, but at my age, finding them is also tough. I do not feel comfortable talking about these issues to even my friends because - 1. I do not feel that close with any and 2. I wonder, if any of those confronted up my wife with this - that would be asking for a chaos as well. I could go on into more details but am unsure if you would have that enough time. Please suggest if you can.
Ans: Dear PK, firstly, Parenting is a lot of work and to be a full-time parent from home, like you are right now, requires a lot of time and energy. Also, let’s not deny and most mothers/parents/others who are full time caregivers of a child will whisper and not say it aloud that doing that 24*7 without a break can be stressful and even monotonous at times.

They are encouraged to take a break every once in a while, to rejuvenate so they can do more and feel less exhausted.

It is pretty normal for women to lose interest in sex for a few weeks or perhaps months after the baby is born as the hormones now secreted elude her away from simply being a wife and the loving mother takes over.

This can cause a lot of rift between the new parents as the man obviously is not aware of this fact.

A book can throw more light on this and I cannot be more emphatic and say this here that it helps when the woman doesn’t have to worry about her husband and focus on bonding with the child which is of utmost importance for the development and growth of the baby.

Besides, there are other forms of affection/intimacy that can be explored so the new parents still manage to keep the spark alive.

The fact of your wife having a parallel life at her work place has become a dampener in your mind as she is definitely able to have a social life at least part of the day whereas you are not.

I do suggest you cook up some ‘Me Time’ over the weekends when your wife can bond with the baby and you can meet friends and simply unwind so that you back with a renewed vigour as the week begins.

And, it is possible to make friends at any age. Anyone who shares common interests and hobbies, can become a part of your inner circle.

It is apparent that both of you have lost communication and either your wife is unaware about how you feel or maybe she is going through something that you don’t know of.

If she isn’t comfortable going to a professional, take charge and revive your communication. Babies can demand a lot of time from their parents and if you can have someone trustworthy to watch the baby for a couple of hours over the weekend, where you and your wife can have some time to yourselves, that might help.

We can go on struggling or we can step up and do something about it. So, give it your best for yourself and your family.

Happy Bonding and have a great life!

..Read more

Anu

Anu Krishna  |873 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 12, 2022

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Relationship
Hi Anu mam, I want to share with you my life story because it now killing me everyday. I am 23 years old now and third (unwanted) child of my parents. I have two elder sisters, 2nd sister was adopted by my father's sister and now I have one elder sister only.If I talk about my childhood, I have no good memories, not a single picture of mine.My father has always been busy at our family shop, only source of our income with my bade papa.He never took any interest in my studies, school admissions, parents teacher meeting etc... He was always like a strict father without any strict responsibility on him. And my mother is a very simple and innocent Jain lady who believes in Jainism and God. So in my childhood we were not a united family, we were more like small scattered pieces of a family who were living with no hope and no future planning or future expectations.As a kid, I spent most of the time watching tv or playing cricket. I have feared to ask my dad to buy me a cricket bat due to which I stole money from his wallet and buy my things for which i’d be brutally beaten if caughtI studied in a Hindi medium school which was in front of my house. I studied there till 3rd class and then my mother did some efforts to get admission in English medium school but she didn't succeed. I took admission in another Hindi medium school. I worked hard at my level but never received any support from my parents especially from my father.I passed my senior secondary in the year of 2015 in Math stream with 69% and want to pursue Engineering but my father does not want me to pursue that he wanted me to pursue Law so I took admission at local university and completed my graduation in 2020.During my 1st year of graduation I realised that my father has an affair with someone. This caused serious trauma for my mother and me. We felt this was the reason for him not being interested in our life at all time. In my 3rd year of graduation I founded that my elder sister was in a serious relationship with someone which added to our trauma because we were also facing financial problems that time. The problem arose when 3-4 years ago I came to know that I have knock knee problem in my both legs since childhood. I couldn't tell about this to my family.So now I am unemployed, facing knee problem and depression. I don't know what to do. Should I leave my father for life and look forward to any small job and live my life, make my new family? I want you to give me advice according to my current situation. I will wait for your advice.
Ans: Dear AJ,

I can only imagine what it must be like for you. But I am not going to feel sorry for you as life presents challenges as opportunities.

You have had the opportunity to learn from each of your challenge, academically, personally, and professionally.

Focus on yourself now. What happened or didn’t happen in your childhood or the past only makes you feel like a victim and that isn’t useful when you are trying to solve a problem.

Focus on how you can better your quality of life despite your physiological issue.

Sit down with the doctor and ask:

How can I get treated?

Does it involve any surgery?

Will physiotherapy help in easing my condition?

You depression (which I imagine is self-diagnosed) is on account of you treating yourself as a victim, will change once you move into a positive mode where you treat yourself with respect and love.

Only you can better your situation and it is possible for you if you choose to look at all the things that are possible by you once you become mentally stronger. Then your academic or personal or professional challenges will not come in the way.

So Take Charge and NOW. All the best to you!

..Read more

Anu

Anu Krishna  |873 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 12, 2022

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Relationship
Hi Anu mam, I want to share with you my life story because it now killing me everyday. I am 23 years old now and third (unwanted) child of my parents. I have two elder sisters, 2nd sister was adopted by my father's sister and now I have one elder sister only.If I talk about my childhood, I have no good memories, not a single picture of mine.My father has always been busy at our family shop, only source of our income with my bade papa.He never took any interest in my studies, school admissions, parents teacher meeting etc... He was always like a strict father without any strict responsibility on him. And my mother is a very simple and innocent Jain lady who believes in Jainism and God. So in my childhood we were not a united family, we were more like small scattered pieces of a family who were living with no hope and no future planning or future expectations.As a kid, I spent most of the time watching tv or playing cricket. I have feared to ask my dad to buy me a cricket bat due to which I stole money from his wallet and buy my things for which i’d be brutally beaten if caughtI studied in a Hindi medium school which was in front of my house. I studied there till 3rd class and then my mother did some efforts to get admission in English medium school but she didn't succeed. I took admission in another Hindi medium school. I worked hard at my level but never received any support from my parents especially from my father.I passed my senior secondary in the year of 2015 in Math stream with 69% and want to pursue Engineering but my father does not want me to pursue that he wanted me to pursue Law so I took admission at local university and completed my graduation in 2020.During my 1st year of graduation I realised that my father has an affair with someone. This caused serious trauma for my mother and me. We felt this was the reason for him not being interested in our life at all time. In my 3rd year of graduation I founded that my elder sister was in a serious relationship with someone which added to our trauma because we were also facing financial problems that time. The problem arose when 3-4 years ago I came to know that I have knock knee problem in my both legs since childhood. I couldn't tell about this to my family.So now I am unemployed, facing knee problem and depression. I don't know what to do. Should I leave my father for life and look forward to any small job and live my life, make my new family? I want you to give me advice according to my current situation. I will wait for your advice.
Ans: Dear AJ,

I can only imagine what it must be like for you. But I am not going to feel sorry for you as life presents challenges as opportunities.

You have had the opportunity to learn from each of your challenge, academically, personally, and professionally.

Focus on yourself now. What happened or didn’t happen in your childhood or the past only makes you feel like a victim and that isn’t useful when you are trying to solve a problem.

Focus on how you can better your quality of life despite your physiological issue.

Sit down with the doctor and ask:

How can I get treated?

Does it involve any surgery?

Will physiotherapy help in easing my condition?

You depression (which I imagine is self-diagnosed) is on account of you treating yourself as a victim, will change once you move into a positive mode where you treat yourself with respect and love.

Only you can better your situation and it is possible for you if you choose to look at all the things that are possible by you once you become mentally stronger. Then your academic or personal or professional challenges will not come in the way.

So Take Charge and NOW. All the best to you!

..Read more

Anu

Anu Krishna  |873 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 23, 2024

Asked by Anonymous - Apr 20, 2024Hindi
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Relationship
Hi mam, I am 40 yrs old. I was divorced 10 yrs ago and since then I never married again. I have been changing my jobs very often and my mind is not Steady. I am not happy at my job and I feel it's my mindset as I frequently get angry, hyper and make rash decisions. I have zero savings and don't own any assets. But all my friends, relatives and colleagues are well settled and enjoying their life at this age.. this is depressing me and I don't know how to over come this ? In the past 3 years I have fallen in love with one of my far relative and both us love each other very truly. She understands me like no other and knows everything and aspect of my life. She is 15 yrs younger to me but she doesn't care about it and wishes to marry me. I feel actually lucky to be loved by her that much. The main problem is that we recently got to know that she becomes my daughter ( cousin brother's daughter ) if we see the family tree side relationship. Though she is not blood brother's daughter but she is some one in the relative side. Both of us discussed about this but both of us love each other so truly that we don't wish to let go each other and marry. Please suggest.
Ans: Dear Anonymous,
Are you writing to me to know how to handle the anger issues or whether you must marry this person you have mentioned about?
Anger and impulsiveness stems from the way you have conditioned yourself to handle situations. There is enough and more content on prominent websites that guide you through this whereby you teach yourself to calm down and act in a well-thought out manner.
On the topic of this lady who happens to be a distant relative, you do need to understand the impact this will have medically on children should you decide to have children later...if you have discussed all this in detail and you two know that the marriage can help you grow and evolve, well...you know what to do.

All the best!

..Read more

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Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - Apr 29, 2024Hindi
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I am 34 and earning 1.3 lac can you please help me how to save so that i can happily retire
Ans: At 34, with a monthly income of 1.3 lakh, you have a solid foundation for planning your retirement. Here's how you can save effectively to ensure a comfortable retirement:

Assess Your Current Financial Situation:
1. Evaluate Expenses:
Start by tracking your monthly expenses to understand your spending habits and identify areas where you can potentially save.
2. Build an Emergency Fund:
Set aside a portion of your income as an emergency fund to cover unexpected expenses or financial setbacks. Aim for at least 3 to 6 months' worth of living expenses.
Create a Retirement Plan:
3. Determine Retirement Goals:
Define your retirement goals, including the age at which you want to retire and the lifestyle you envision during retirement.
4. Estimate Retirement Expenses:
Estimate your future expenses during retirement, considering factors such as healthcare costs, inflation, and leisure activities.
Implement Savings Strategies:
5. Contribute to Retirement Accounts:
Maximize contributions to retirement accounts such as Employee Provident Fund (EPF), Public Provident Fund (PPF), and Voluntary Provident Fund (VPF) to benefit from tax advantages and compound interest.
6. Invest in Equity Mutual Funds:
Consider investing in equity mutual funds for long-term growth potential. Choose funds with a proven track record and align with your risk tolerance.
7. Diversify Investment Portfolio:
Diversify your investment portfolio across asset classes such as equities, bonds, and fixed deposits to minimize risk and optimize returns.
Seek Professional Guidance:
8. Consult a Certified Financial Planner:
Work with a Certified Financial Planner to develop a customized retirement plan based on your financial goals, risk tolerance, and time horizon.
They can provide personalized advice and strategies to help you achieve your retirement objectives efficiently.
Stay Committed to Your Plan:
9. Regularly Review and Adjust:
Periodically review your retirement plan and investment portfolio to ensure they remain aligned with your goals and objectives.
Make adjustments as necessary based on changes in your financial situation, market conditions, and life circumstances.
Conclusion:
By following these steps and staying disciplined in your savings and investment approach, you can build a substantial retirement corpus and enjoy a financially secure and fulfilling retirement.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - Apr 28, 2024Hindi
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10 Sal 4 mahine ka Mera job hai 58 year complete ho gaya hai pension bhi 58 year hone ke bad band ho gaya tha final withdrawal 19 form lagakar kiya tha reason 55 year ka de rahe hain ismein Main Kya kar sakta hun
Ans: Since you've completed 58 years of age and your job has lasted for 10 years and 4 months, it seems you're contemplating your options after ceasing your pension and completing the final withdrawal with Form 19, citing the reason as 55 years. Here's what you can consider:

Understanding Retirement Options:
1. Explore Alternative Income Sources:
Consider exploring alternative sources of income such as part-time work, freelance opportunities, or consulting services to supplement your financial resources.
Evaluate your skills and expertise to identify potential avenues for generating income during retirement.
2. Review Investment Portfolio:
Review your investment portfolio to ensure it aligns with your retirement goals and risk tolerance.
Seek guidance from a Certified Financial Planner to optimize your investment strategy and maximize returns.
3. Assess Social Security Benefits:
Determine if you are eligible for any social security benefits or government schemes that could provide additional financial support during retirement.
Consult with relevant authorities or financial experts to explore available options for accessing social security benefits.
4. Consider Delaying Retirement:
Evaluate the option of delaying your retirement to continue earning a steady income and build a larger retirement corpus.
Assess your health, lifestyle preferences, and financial obligations before making a decision to postpone retirement.
5. Seek Professional Advice:
Consult with a Certified Financial Planner to develop a comprehensive retirement plan tailored to your specific financial situation and goals.
Discuss various retirement options, investment strategies, and income sources to make informed decisions for your retirement years.
Conclusion:
As you navigate your retirement journey, it's essential to explore various income sources, review your investment portfolio, assess social security benefits, consider delaying retirement if feasible, and seek professional advice from a Certified Financial Planner. By taking proactive steps and making informed decisions, you can secure a financially stable and fulfilling retirement.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - Apr 26, 2024Hindi
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Money
Hello sir, I am just new in sip. I wanted to what will be the best way to start? Which ones to choose to get good returns in long term? My risk appetite is medium or above. Thank you
Ans: Starting Your SIP Journey: A Guide for New Investors
Welcome to the world of SIPs! Starting your SIP journey is an exciting step towards building wealth for the future. Let's explore the best way for you to begin and identify suitable investment options for achieving good returns over the long term.


Congratulations on taking the initiative to start your SIP journey! Your decision to invest in SIPs demonstrates a proactive approach towards securing your financial future.

Understanding Your Investment Goals and Risk Appetite
Investment Goals:
Define your financial goals and objectives, considering factors such as retirement planning, wealth creation, or education funding.
Establishing clear investment goals will help you select SIPs that align with your objectives.
Risk Appetite:
Assess your risk tolerance to determine your comfort level with market volatility.
Since you indicate a medium to high risk appetite, you may consider equity-oriented SIPs for potentially higher returns.
Choosing SIPs for Long-Term Growth
Equity Mutual Funds:
Equity mutual funds have historically delivered higher returns over the long term compared to other asset classes.
Consider diversified equity funds, large-cap funds, multi-cap funds, or thematic funds based on your risk appetite and investment horizon.
Balanced Funds:
Balanced funds, also known as hybrid funds, offer a mix of equity and debt investments, providing a balanced approach to risk and return.
These funds can be suitable for investors seeking moderate risk exposure with relatively stable returns.
Thematic Funds:
Thematic funds invest in specific sectors or themes, offering exposure to emerging trends or industries.
While thematic funds can potentially generate higher returns, they also carry higher risk due to concentrated exposure.
Constructing Your SIP Portfolio
Diversification:
Maintain a well-diversified SIP portfolio across different asset classes, sectors, and fund categories to reduce risk.
Avoid concentration in any single investment or sector to mitigate the impact of market fluctuations.
Regular Review and Rebalancing:
Periodically review your SIP portfolio to assess performance and ensure alignment with your financial goals.
Consider rebalancing your portfolio if necessary to maintain the desired asset allocation.
Getting Started with SIPs
Selecting SIPs:
Research and shortlist mutual funds based on their track record, fund manager expertise, investment philosophy, and risk-adjusted returns.
Consult with a Certified Financial Planner to identify SIPs that align with your financial goals and risk profile.
Systematic Investing:
Start your SIPs with an amount you are comfortable investing regularly, considering your cash flow and financial obligations.
Set up SIPs for a fixed amount at regular intervals (e.g., monthly or quarterly) to benefit from rupee cost averaging.
Conclusion: Embarking on Your SIP Journey
Starting your SIP journey requires careful consideration of your investment goals, risk appetite, and fund selection. By choosing suitable SIPs aligned with your long-term financial goals and regularly monitoring your portfolio's performance, you can lay a solid foundation for wealth creation.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

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Money
I am 63 years old. I have invested rs 500000 in sbi dynamic fund. I have other investment in mm flexi cap fund union large and mid cap fund sbi magnum midcap fund union innovation and opportunities fund. Pl advise slow moving dynamic fund is to be continu ed.
Ans: Evaluating Your Investment Portfolio for Retirement
Congratulations on proactively planning for your retirement at 63! Let's analyze your current investment portfolio to ensure it aligns with your financial goals and risk tolerance.


Your commitment to investing at this stage of life showcases commendable financial discipline and foresight for securing your retirement.

Understanding Your Investment Portfolio
Current Investments:
SBI Dynamic Fund: Rs. 5,00,000
Other Investments: [List other funds]
Assessing the SBI Dynamic Fund
Performance Evaluation:
Review the historical performance of SBI Dynamic Fund to determine its consistency in delivering returns.
Compare its performance with benchmarks and peer funds to assess its relative strength.
Risk Analysis:
Evaluate the risk associated with SBI Dynamic Fund, considering its asset allocation strategy and volatility.
Assess your risk tolerance to ensure the fund's risk profile aligns with your investment objectives.
Considering Investment Continuation
Investment Strategy Alignment:
Determine if the investment strategy of SBI Dynamic Fund complements your retirement goals and risk appetite.
Ensure the fund's dynamic asset allocation approach suits your preference for active management.
Portfolio Diversification:
Assess the overall diversification of your investment portfolio, including exposure to different asset classes and sectors.
Ensure adequate diversification to mitigate risk and optimize returns across your investment holdings.
Making an Informed Decision
Review and Rebalancing:
Regularly review your investment portfolio to monitor performance and make adjustments as needed.
Consider rebalancing your portfolio periodically to maintain the desired asset allocation and risk exposure.
Consultation with Financial Advisor:
Seek advice from a Certified Financial Planner to gain insights tailored to your specific financial situation and retirement goals.
Discuss potential alternatives or adjustments to your investment strategy based on expert recommendations.
Conclusion: Decision-making Process
Based on the assessment of your investment portfolio, consider whether continuing with SBI Dynamic Fund aligns with your retirement objectives and risk tolerance. Consultation with a financial advisor can provide valuable guidance in making informed decisions.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - Apr 26, 2024Hindi
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Money
I am 50.5 yrs working in PSU. I have 3.5 Cr in PF/PPF , 1Cr in Shares/Mutual Fund/ULIP. I target 3L/month when I retire in 2033. What to do ???
Ans: Evaluating Retirement Planning Options for Long-Term Financial Security
As you approach retirement age, it's essential to reassess your financial portfolio and make strategic decisions to ensure a comfortable and secure retirement. Let's analyze your current financial situation and explore potential avenues to achieve your retirement income target.


Your proactive stance towards retirement planning reflects a commendable commitment to securing your financial future and maintaining a desirable standard of living post-retirement.

Understanding Your Financial Portfolio
Current Assets:
Provident Fund (PF) and Public Provident Fund (PPF): Rs. 3.5 Crores
Shares, Mutual Funds, and ULIPs: Rs. 1 Crore
Retirement Income Target:
Monthly Income Target: Rs. 3 Lakhs
Retirement Year: 2033
Assessing ULIPs as an Investment Option
Disadvantages of ULIPs:
High Charges: ULIPs often come with substantial charges, including premium allocation charges, policy administration fees, and fund management expenses, which can erode potential returns over time.
Complex Structure: The intricate design of ULIPs may make it challenging for investors to understand the underlying costs and benefits associated with the investment.
Recommendation: Withdraw and Reinvest in Mutual Funds
Considering the disadvantages associated with ULIPs, it may be prudent to withdraw your investments and reinvest the proceeds in mutual funds.
Mutual funds offer greater transparency, lower costs, and a more diversified investment approach, potentially leading to higher returns over the long term.
Crafting a Retirement Investment Strategy
Portfolio Reallocation:
Allocate a significant portion of your retirement corpus towards diversified equity mutual funds, considering your long investment horizon and risk appetite.
Balance your portfolio with debt mutual funds to mitigate risk and ensure stable returns, particularly as you approach retirement age.
Systematic Withdrawal Plan (SWP):
Implement a systematic withdrawal plan (SWP) from your mutual fund investments to generate a steady stream of income post-retirement, aligning with your desired monthly income target.
Conclusion: Securing Your Retirement Future
By withdrawing your investments from ULIPs and reinvesting in mutual funds, you can optimize your retirement portfolio for long-term growth and income generation. Additionally, implementing a systematic withdrawal plan will help you achieve your retirement income target while maintaining financial stability and security.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - Apr 26, 2024Hindi
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Money
Sir I am going to retire this month, April. My corpus fund may be arround 1.5 cr. I have planned for 30 laks for Senior citizens scheme. 10 laks for SWP. FD my name 10 laks and children names 10 laks each 5 laks two children. Can suggest a best investment plan for the remaining amount please
Ans: Crafting a Comprehensive Investment Plan for Financial Growth
As a Certified Financial Planner, I admire your commitment to securing your financial future through strategic investments. Let's delve into crafting an investment plan tailored to your goals and risk tolerance.

Genuine Appreciation for Your Financial Goals
Kudos on taking proactive steps towards building wealth and achieving financial independence. Your dedication to financial planning is commendable and sets a solid foundation for long-term success.

Analyzing Investment Options for Growth
Understanding Your Needs:
Assess your financial goals, risk tolerance, and investment horizon to tailor a personalized investment strategy.
Evaluating Investment Avenues:
Explore a range of investment options, including equities, mutual funds, bonds, and alternative assets, to diversify your portfolio and optimize returns.
Mitigating Risks:
Balance the potential for growth with risk management strategies to safeguard your investments against market volatility.
Investment Recommendations for Long-Term Growth
1. Equity Investments:
Consider allocating a portion of your portfolio to quality stocks or equity mutual funds to capitalize on the growth potential of the stock market.
2. Mutual Funds:
Invest in actively managed mutual funds managed by experienced fund managers to benefit from their expertise in navigating market fluctuations and identifying growth opportunities.
3. Fixed Income Instruments:
Include fixed income instruments such as bonds or debt mutual funds to provide stability and generate regular income streams while preserving capital.
4. Systematic Investment Plan (SIP):
Implement SIPs in mutual funds to benefit from rupee cost averaging and discipline in regular investing, which can lead to long-term wealth accumulation.
5. Portfolio Review and Adjustment:
Periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance.
Make necessary adjustments based on changes in market conditions, personal circumstances, and financial objectives.
Conclusion and Best Regards
By adopting a diversified investment approach and staying committed to your long-term financial goals, you're poised to achieve significant wealth accumulation and financial security. Keep monitoring your investments and remain open to adjustments as needed to maximize returns and mitigate risks effectively.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - Apr 25, 2024Hindi
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Sir, Recently my PPF got matured and received 15L. How should I invest the money?
Ans: Investing the Maturity Amount from PPF Wisely
As a Certified Financial Planner, I understand the importance of making informed investment decisions to maximize returns and achieve your financial goals. Let's explore potential investment options for the maturity amount of your Public Provident Fund (PPF).


Congratulations on the maturity of your PPF account! It's a significant financial milestone, and it presents an opportunity to make prudent investment choices for your future financial security.

Assessing Investment Options
Diversification:
Consider diversifying your investment portfolio across various asset classes to mitigate risk and optimize returns.
Liquidity:
Balance the need for liquidity with long-term growth potential when selecting investment avenues.
Financial Goals:
Align your investment decisions with your short-term and long-term financial goals to ensure they are in line with your overall financial plan.
Investment Recommendations
1. Equity Mutual Funds:
Consider investing a portion of the maturity amount in equity mutual funds to benefit from long-term capital appreciation.
Choose funds with a track record of consistent performance and managed by experienced fund managers.
2. Debt Instruments:
Allocate a portion of the funds to debt instruments such as fixed deposits (FDs), bonds, or debt mutual funds to provide stability and regular income.
Opt for instruments with varying maturities to create a ladder for liquidity and flexibility.
3. Real Estate Investment Trusts (REITs) or Infrastructure Investment Trusts (InvITs):
Explore opportunities in REITs or InvITs for exposure to real estate and infrastructure assets, offering potential income and capital appreciation.
4. Emergency Fund:
Set aside a portion of the maturity amount as an emergency fund to cover unexpected expenses and ensure financial stability.
5. Consultation:
Consider seeking advice from a qualified financial advisor to tailor an investment strategy that aligns with your risk tolerance, investment horizon, and financial objectives.
Conclusion and Best Regards
By diversifying your investment portfolio across equity, debt, and alternative assets, you can optimize returns while managing risk effectively. Keep a long-term perspective and periodically review your investments to ensure they remain aligned with your financial goals and evolving needs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

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I am 48 , two kids aged 19 and 12. I want to retire at 50. I have my own house fully paid off. I have investments/savings of 4.5 Cr in real estate, PF,PPF and Stocks (Out of that, 2.5 Cr is in real estate other than house I own) I get rental income of 50k per month.My current expense is 1.5 lacs. How do I plan my retirement
Ans: Retirement Planning for Financial Security
As a Certified Financial Planner, I understand your goal of retiring at 50 and ensuring financial security for yourself and your family. Let's outline a retirement plan tailored to your needs and circumstances.


I commend your proactive approach to retirement planning, which is essential for achieving financial independence and peace of mind.

Retirement Planning Strategy
Assessing Current Assets:
Real Estate: 2.5 Cr (excluding primary residence)
PF, PPF, Stocks: 2 Cr
Rental Income: 50k/month
Current Expenses: 1.5 lacs/month
Considerations:
Real Estate: Illiquid and may not provide immediate liquidity during retirement.
Direct Stocks: Riskier due to market fluctuations and lack of diversification.
Retirement Plan:
Evaluate Real Estate Holdings:

Assess the potential for selling a portion of your real estate investments to generate liquidity for retirement.
Consider retaining properties with stable rental income and selling those with lower yields or higher maintenance costs.
Diversify Investments:

Allocate a portion of the proceeds from real estate sales and stocks towards diversified investment options such as mutual funds (MFs).
Choose MFs with a balanced allocation across asset classes to manage risk effectively.
Systematic Withdrawal Plan (SWP):

Utilize SWP from MF investments to create a steady stream of retirement income.
Determine a withdrawal rate that meets your income needs while ensuring sustainability of your portfolio.
Emergency Fund:

Maintain an emergency fund equivalent to 6-12 months of living expenses to cover unforeseen expenses during retirement.
Review and Adjust:

Periodically review your retirement plan to account for changes in financial goals, market conditions, and personal circumstances.
Adjust asset allocation and withdrawal strategy as needed to maintain financial stability and meet evolving needs.
Conclusion and Recommendation
To achieve a secure retirement at 50, consider reallocating a portion of your real estate and stock investments into MFs to create a diversified portfolio with liquidity. Implement a SWP strategy to generate regular retirement income while preserving capital for the future. Regularly review and adjust your retirement plan to ensure it remains aligned with your financial objectives and lifestyle needs.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

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Hi, I was contributing to Provident Fund from 1994 until 2007 during my employment with companies in India. In 2008, i became a British Citizen, living in the UK, however i never applied for withdrawal of the Provident Fund amount. Is there a way i can apply for the money to be withdrawn and what will be the process. I have my PF number, but no other details. Please advise. Regards - Kiran
Ans: guidance on Withdrawal of Provident Fund After Relocating Abroad
As a Certified Financial Planner, I understand your concern regarding the withdrawal of your Provident Fund (PF) after relocating to the UK. Let's explore the process and steps involved in withdrawing your PF amount.


I appreciate your proactive approach in addressing your financial affairs, which is crucial for securing your future financial well-being.

Understanding the Situation
Employment History:
Contributed to Provident Fund from 1994 to 2007 during employment in India.
Became a British Citizen in 2008 and relocated to the UK.
Current Status:
Have PF number but no other details regarding the account.
Process for PF Withdrawal
Step 1: Contacting the Provident Fund Office
Reach out to the nearest Provident Fund Office in India.
Provide your PF number and personal details to inquire about the status of your account.
Step 2: Verification of Identity and Documentation
Submit identity verification documents, such as passport or Aadhaar card, to authenticate your identity.
Complete any additional documentation required by the Provident Fund Office.
Step 3: Application for Withdrawal
Fill out the necessary withdrawal forms provided by the Provident Fund Office.
Specify the reason for withdrawal as relocation abroad and provide supporting documentation if required.
Step 4: Processing and Transfer of Funds
The Provident Fund Office will process your withdrawal request and transfer the funds to your designated bank account.
The processing time may vary, so it's essential to follow up with the office periodically.
Additional Considerations
Tax Implications:
Consult a tax advisor to understand the tax implications of withdrawing PF funds, both in India and the UK.
Consider any tax treaties between India and the UK that may impact the taxation of your PF withdrawal.
Currency Exchange:
Plan for currency conversion if the funds are transferred to your UK bank account, considering exchange rate fluctuations.
Conclusion and Recommendation
I recommend initiating the process of PF withdrawal by contacting the nearest Provident Fund Office in India. Provide the necessary documentation and follow the prescribed steps to facilitate the withdrawal of your PF amount. Additionally, seek guidance from a tax advisor to understand any tax implications associated with the withdrawal.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2476 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

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Sir, I am investing in two sectorial funds to have reasonable down payment for buying a flat after 12 years. I am investing 4000 rs each in these funds. 1. Canara robeco infrastructure fund 2. ICICI Pharma healthcare and diagnostic fund. Should I continue with these funds for making a corpus of 30 lakhs in 12 years.
Ans: Assessing Sectoral Funds for Down Payment Goal
As a Certified Financial Planner, I understand the importance of selecting appropriate investment avenues to achieve your financial goals. Let's evaluate your current investments in sectoral funds and assess their suitability for your down payment goal.


I appreciate your proactive approach to financial planning, focusing on specific goals such as a down payment for buying a flat. Goal-centric investing is key to achieving financial milestones effectively.

Analyzing Sectoral Funds
Canara Robeco Infrastructure Fund:
Invests in companies within the infrastructure sector, which includes sectors like construction, engineering, and utilities.
Subject to risks associated with the infrastructure sector, such as regulatory changes, economic cycles, and policy shifts.
ICICI Pharma Healthcare and Diagnostic Fund:
Focuses on companies within the pharmaceutical, healthcare, and diagnostic sectors.
Susceptible to regulatory changes, patent expirations, and market dynamics within the healthcare industry.

Put all your eggs in one basket? Sectoral funds gamble on a single industry, exposing you to big swings if that sector stumbles. Unlike diversified funds, they lack balance, meaning a downturn in your chosen sector could drag your entire investment down. For a smoother ride, consider spreading your bets across a wider range of industries thru diversified equity funds.
Evaluating Suitability for Down Payment Goal
Pros of Sectoral Funds:
High Growth Potential: Sectoral funds can offer high growth potential during periods of sector-specific outperformance.
Focused Exposure: Provides concentrated exposure to specific sectors, allowing for potential gains if the selected sectors perform well.
Cons of Sectoral Funds:
High Risk: Sectoral funds are inherently riskier due to their concentrated exposure, making them prone to volatility and sector-specific risks.
Lack of Diversification: Limited diversification compared to diversified equity funds, increasing vulnerability to sector downturns.
Considering Alternative Investment Strategies
Diversified Equity Funds:
Offer broader exposure to various sectors and industries, providing better risk management and diversification benefits.
Suitable for long-term wealth accumulation goals with lower volatility compared to sectoral funds.
Conclusion and Recommendation
Given the risks associated with sectoral funds and the importance of capital preservation for your down payment goal, I recommend considering alternative investment strategies such as diversified equity funds. Diversified equity funds offer broader exposure and better risk management, aligning with your goal of accumulating a down payment corpus over 12 years.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...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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