Hello. I am married woman of 50 years. My husband has an extramarital affair and is threatening me to divorce for last 2 years. I am financially dependent on him and also depend on him for my daughter's studies. My daughter is in 12 th isc computer science. My narcissist husband torturese a lot . I want to get rid of him. Please help

Ans: Achieving a target of Rs. 10 crore by the age of 50 requires careful financial planning and strategic management of your current assets and income. Here’s a comprehensive plan to guide you towards achieving your financial goal:

Assessing Current Financial Status
Income and Assets
Combined Monthly Income: Rs. 3.25 lakhs
Current Assets:
Property: Rs. 70 lakhs
Fixed Deposits: Rs. 12 lakhs
Mutual Funds: Rs. 30 lakhs
Stocks: Rs. 3 lakhs
Liabilities:
Housing Loan: Rs. 44 lakhs (EMI: Rs. 40,000 per month)
Savings and Investments
Annual Premiums:
LIC: Rs. 2 lakhs
Mutual Funds (SIP): Rs. 18,000 per month (Rs. 2.16 lakhs annually)
Pathway to Achieving Rs. 10 Crore Goal
1. Review and Optimize Investments
Consolidate Stocks: Evaluate your current stock holdings and consider consolidating them into a diversified mutual fund portfolio for better risk management and potential returns.
2. Strategic Mutual Fund Investments
Diversification: Continue systematic investment plans (SIPs) in mutual funds but focus on actively managed funds that align with your risk appetite and financial goals.
Asset Allocation: Allocate investments across equity, debt, and hybrid funds based on your risk tolerance and investment horizon.
3. Optimize Insurance and Expenses
Review LIC Policies: Assess if the existing LIC policies are aligned with your current financial goals. Surrendering policies with low returns and redirecting those funds into higher-yielding investments like mutual funds may be beneficial.
Minimize Expenses: Continuously monitor and reduce unnecessary expenses to increase savings potential.
4. Systematic Financial Planning
Goal-Based Investing: Establish clear financial goals with specific timelines. Adjust your investment strategy to ensure each goal is adequately funded.
Emergency Fund: Maintain a liquid emergency fund equivalent to at least 6-12 months of living expenses to cover unforeseen circumstances without disrupting your long-term investments.
5. Retirement Planning
Retirement Corpus: Alongside your Rs. 10 crore goal, prioritize building a retirement corpus that ensures financial independence post-retirement.
Age and Risk Profile: As you approach 50, gradually shift towards more conservative investment options to safeguard accumulated wealth.
6. Real Estate and Other Considerations
Avoid Additional Real Estate Investments: Given the complexities and illiquidity of real estate, focus on optimizing existing property holdings rather than acquiring new ones.
7. Regular Monitoring and Adjustments
Financial Check-ups: Conduct periodic reviews of your portfolio’s performance and make necessary adjustments to stay on track towards your financial objectives.
Professional Guidance: Consult a Certified Financial Planner periodically to reassess your financial plan and incorporate market changes and life events.
Final Insights
To achieve your ambitious financial goal of Rs. 10 crore by age 50, it’s essential to adopt a disciplined approach towards savings, investments, and expense management. By consolidating investments, optimizing your mutual fund portfolio, and ensuring strategic asset allocation, you can maximize returns while managing risks effectively. Prioritize long-term wealth creation and retirement planning to secure your financial future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: You can go with JNTU

Ans: Hi
what other option you have in hand?

Ans: hi
there is nothing like a partial drop. Channelise your energy & focus towards your goal and then you will succeed. I feel you have exam anxiety. appear for tests in test-like environment. Time and energy which is constant will be divided into 2 things and it will be difficult in doing justice.

Ans: He can go for B.Tech courses in Pune. i can help in admissions if you need.

Ans: Hi
go for btech CU is good.

Ans: Yes go ahead with it. DSU is good.

Ans: After many years in a marriage where you didn't feel truly loved, it’s natural to feel apprehensive but also hopeful about forming a new connection.

Given your current situation, accepting the companionship offer from the lady at the old age home could be a positive step towards finding the sincere partner you’ve been missing. Before making any decisions, reflect on your own feelings and what you truly seek in a relationship. Take your time to get to know her better. Share conversations and moments to see if this companionship brings you joy and comfort. It's important to move forward at a pace that feels right for you, ensuring that the relationship is built on mutual respect and genuine care.

Remember, it’s okay to desire companionship and to seek happiness. Your past experiences shouldn’t hold you back from exploring new, fulfilling connections. Given your supportive family, it might also be helpful to share your thoughts with your son and seek his perspective, as he knows you well and might provide valuable insights.

Embrace the opportunity to build a relationship that aligns with your needs and brings you happiness. It's never too late to find meaningful companionship.

Ans: Start by gently reaching out to her. Since she’s close to your heart and knows your health condition, a sincere, heartfelt message might be the best way to open the door to communication. Write her a letter or a text where you honestly express how much you miss her and how deeply her absence is impacting you. Let her know how important she is in your life, not just as a sister but as a vital emotional support.

Explain that you’re feeling overwhelmed and that your current stress and sadness are affecting your health and your ability to concentrate on your business. She might not realize the full extent of how her not talking to you is affecting you. Sometimes, people need to hear directly how their actions (or inactions) are impacting others.

Make sure to approach her without assigning blame or bringing up past conflicts, if there are any. Focus on expressing your feelings and your need to reconnect. Emphasize your desire to understand any reasons behind her distance and your hope to work through them together.

It might also be helpful to give her some time and space to process your message. Doctors often have very busy and stressful lives, and she might be dealing with her own pressures.

Ultimately, the goal is to reopen lines of communication with kindness and understanding. Reaching out with a genuine, open heart can often be the first step in healing a strained relationship. If things don’t resolve quickly, consider seeking the help of a counselor or mediator to facilitate the conversation.

Take care of yourself, especially considering your heart condition. Surround yourself with supportive friends or family who can help you through this difficult time.