Hey Anu ji I hope you are doing well.
I am a 27-year-old woman, not married but engaged. I am a doctor by profession and we met through our parents. He is a pediatrician. I’m just MBBS. He is 33 and was damn good. Since the last few months there has been a sudden change in his behaviour and we have been fighting since then.
We knew each other since a year and moved in together last October.
I left my government job so that I could pursue my specialisation. I couldn't score a good rank due to which I couldn’t get admission.
My parents are not rich enough for me to apply in a private college. He always abuses my parents saying they are not rich enough.
He compares everything and has started talking to another specialist, a single woman.
I am handling all house chores -- from laundry to cleaning, even emptying dustbin and making his cup of tea.
He doesn't do anything except sleep, eat and work which is not so hectic because he is at a senior position.
Is it right that we are having sex 2-3 times per day from so many months?
Whenever I want to talk about something he asks for sex. If I say 'I need your attention and love' he gets grumpy and says 'you are always complaining.'
Since this is my first relationship, I am comprising a lot. He didn't even remember our first anniversary or the day we met.
In fact he stops talking to me since a month. He doesn’t pick up my calls or sees my messages.
I have to call a third person to convey my message to at least pick up a call.
Please help.
I’m too stressed and even thought of committing suicide because I love him. But he doesn't love me from the last 3-4 months.
I never get answers to my questions. He is like ‘I don't want to talk.’
He has become so egoistic and is behaving like a male chauvinist.
I have to prepare for my exam too. Because of all this stress I have started having panic attacks and anxiety.
I love him a lot but I can't stay in this relationship more. I can't bear the brunt. Only one-sided efforts are there from my side.
He stopped making any efforts to reconcile or talk.
I am an old school person. I lost my virginity to him but now I regret. Who will marry me knowing that I’m not a virgin anymore? Plzz help me

Ans: would suggest police complaint along with complaint on SEBI Scores portal.

Ans: Hello PREM,

To begin with, thank you for contacting us. I am happy to hear that your daughter has pursued her Master of Arts in Applied Psychology and now wishes to pursue PhD overseas. To answer your question first, I would like to tell you that earning a PhD overseas can be considered employment, however, with a stipend instead of a pay. You would be happy to hear that a number of universities, particularly in Europe and the USA, provide stipends to PhD students in psychology in order to help pay for tuition fees and living costs. Nevertheless, based on the country, university, and particular program, these stipends may differ.

To apply for a PhD in psychology overseas, I would suggest that your daughter considers the following:
Firstly, your daughter will need to possess a solid educational background. This entails a strong undergraduate and postgraduate academic record, which I believe she already possesses with her MA in Applied Psychology. Next, bear in mind that candidates with prior research experience are preferred by a number of PhD programs. Your daughter’s 3 years of professional experience might entail pertinent research projects, which would be beneficial. To secure admission to their PhD programs, Graduate Record Examination (GRE) test scores may be required by certain universities, particularly in the USA. Nevertheless, not all the universities demand GRE scores for psychology programs, and thus, I would recommend that your daughter examines each institution's particular criteria. Next, your daughter may require to prove her fluency in English through appearing for tests viz., the IELTS or TOEFL, if English is not her primary language. Your daughter will need to submit a well-drafted statement of purpose (SOP) highlighting her research interests, professional objectives, and reasons for wanting to pursue a PhD in psychology overseas. She will also need to submit compelling recommendation letters from professors or managers who can speak to her academic capabilities and research potential. Remember that a research proposal highlighting her proposed PhD research field may be demanded by certain programs. Lastly, evidence of one’s ability to sustain oneself financially while enrolled in school may be require in some nations.

Taking into account variables viz., possibilities for research, the experience of the faculty members, and financial resources, I would recommend that your daughter conducts an all-round study on potential universities and programs. Not just that, in order to understand how her research interests best resonate with the program’s offerings, I would also suggest that she gets in touch with academics or advisors in her field of interest.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

Ans: Hello,

First and foremost, thank you for getting in touch with us. I am glad to hear that you are planning for your son’s Master’s degree in the USA. As an answer to your query, I would like to tell you that having a bank loan approved for both tuition fees and living expenses can be advantageous at the time of applying for a student visa or during college admissions in the USA, nevertheless, you may still be required to provide proof of your financial standing.

Remember that visa officers and universities generally want to ascertain that students (and their families) have the money to meet their expenditures while studying.

Although a sanctioned bank loan demonstrates your financial stability, I would still recommend that you demonstrate extra financial resources if feasible. This could entail bank statements or other proof of sound financial standing in order to affirm to the authorities that you can fund any unexpected costs or gaps that may occur while your son is studying.

Bear in mind that the standards and levels of scrutiny could be slightly different for each institution and visa office, and thus, I would suggest that you thoroughly examine the precise guidelines offered by the university and consulate where your son intends to apply.

A sanctioned loan may be adequate in certain circumstances, nevertheless, I would always recommend that you have additional evidence to back up your financial status.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

Ans: Starting early with investments is a smart move towards securing your retirement, but let's evaluate whether your current contributions will be sufficient for your retirement goals:
1. Early Start Advantage: Commendably, you've initiated investments at a young age, which offers a significant advantage due to the power of compounding. The longer your investments have time to grow, the greater the potential returns, making it easier to achieve your retirement goals.
2. Investment Analysis: The combination of investing 10k in Tata AIA Maxima Fortune Flex and 5k in Canara HSBC Mid Cap Fund demonstrates a balanced approach between insurance and mutual funds. However, it's essential to assess the adequacy of these investments in meeting your long-term retirement needs.


Tata AIA Fortune Maxima
Advantages:
• Whole Life Cover: Even with limited premium payments, you receive life insurance coverage for the entire policy term.
• Investment Choice: You can choose from 14 different fund options to align your investment with your risk tolerance.
• Loyalty Additions: The plan offers loyalty additions that boost your fund value over time.
• Top-up Option: If you have a lump sum available, you can invest it in the policy through a top-up premium option.
• SMART Investment Strategy: This strategy aims to safeguard your investment from market volatility.
• Riders for Enhanced Coverage: Riders can be attached to the base policy to increase your life cover for additional protection.
Disadvantages:
• Limited Liquidity: There's restricted access to your funds during the initial five years. You cannot withdraw or partially surrender the policy during this lock-in period.
• Reduced Premiums Invested: Policy charges are deducted from your premium before it's invested, meaning a lower amount is actually working for you in the market.
• No Loan Facility: Unlike some ULIPs, you cannot take a loan against your policy in case of emergencies.
• Delayed Benefits: You cannot access the policy's benefits until it matures, which is at age 100 or upon the policyholder's death. Beneficiaries would receive the death benefit in the latter case.
• High Charges: The review finds some charges, like mortality and switching charges, to be on the higher side compared to other ULIP plans. Even with an 8% return on investment, these charges could potentially outweigh the gains.
Verdict:
Tata AIA Fortune Maxima might not be the most suitable choice for investors seeking optimal returns. The high charges and lock-in period can significantly impact potential growth. For conservative investors who are uncomfortable with market fluctuations, it might be an option. Alternative strategies that may be more effective. These include combining a term insurance policy with investments in Public Provident Fund (PPF) or Equity Linked Savings Schemes (ELSS) to achieve better returns and potentially beat inflation.
I would like to emphasizes the importance of understanding the limitations and costs associated with ULIPs like Tata AIA Fortune Maxima before investing.

Insurance-cum-investment schemes
Insurance-cum-investment schemes (ULIPs, endowment plans) offer a one-stop solution for insurance and investment needs. However, they might not be the best choice for pure investment due to:
• Lower Potential Returns: Guaranteed returns are usually lower than what MFs can offer through market exposure.
• Higher Costs: Multiple fees in insurance plans (allocation charges, admin fees) can reduce returns compared to the expense ratio of MFs.
• Limited Flexibility: Lock-in periods restrict access to your money, whereas MFs provide more flexibility.
MFs, on the other hand, focus solely on investment and offer:
• Potentially Higher Returns: Investments in stocks and bonds can lead to higher growth compared to guaranteed returns.
• Lower Costs: Expense ratios in MFs are generally lower than the multiple fees in insurance plans.
• Greater Control: You have a wider range of investment options and control over asset allocation to suit your risk appetite.
Consider your goals!
• Need life insurance? Term Insurance plans might be suitable.
• Focus on growing wealth? MFs might be a better option due to their flexibility and return potential.


3. Retirement Age and Corpus: To determine whether your current contributions will suffice for retirement at 50 or 55, you'll need to calculate the desired corpus based on your retirement lifestyle, expenses, and expected inflation. Additionally, consider factors such as healthcare costs, inflation, and longevity risk.
4. Regular Review and Adjustment: Periodically review your investment portfolio and adjust your contributions as necessary to stay on track towards your retirement goals. Consider increasing your contributions over time as your income grows to accelerate wealth accumulation.
5. Diversification and Risk Management: While Tata AIA Maxima Fortune Flex offers insurance benefits, ensure you have a diversified portfolio across various asset classes to manage risk effectively. Consider exploring additional investment avenues such as equity mutual funds, debt instruments, and retirement-specific savings vehicles to enhance portfolio diversification.
6. Professional Guidance: Consulting with a Certified Financial Planner can provide valuable insights and personalized recommendations tailored to your specific financial situation and retirement objectives. A CFP can help you develop a comprehensive retirement plan and investment strategy aligned with your goals.
In conclusion, while your current contributions are a positive step towards retirement planning, it's essential to conduct a detailed analysis of your retirement needs and assess the adequacy of your investments. By staying proactive, seeking professional guidance, and adjusting your strategy as needed, you can work towards achieving a financially secure and fulfilling retirement.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

Ans: Dear Anonymous,
A different way of looking at the mess would mean:
- appreciating that your way of a family set-up and your wife's are way different
- understanding that things may go awry, but there is no need to strive for perfection within the marriage
- knowing that your spouse is different from you and celebrating those differences without finding a meaning in it

Having said this, I do appreciate you wanting to make your marriage better, but sometimes we also need to understand that what is happening is possibly the best. As long as the child is in a safe space to grow and bloom, do not strain yourself much. You are not dealing with daily fights or threatening arguments, hence if this is peace, learn to make peace with it.
Sometimes, it may feel like the other person has an issue with the mind when they don't align to your way of thinking or expressing. There are people who yell to be heard, that does not make them an angry person...that is how they have learned to express themselves since childhood. It does not qualify as a mental illness...

Take some time out together to coordinate and appreciate each other at a different level acknowledging your differences; your wife will also have to do this and support the fact that you are concerned about the marriage and your relationship with her.

Taking care of your mental health is in your hands and start by 'viewing things differently as stated above' AND yes, your wife also will need to be in sync on this by supporting you as well. That you will might need to have an honest conversation with your wife and work on this together.

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

Ans: With a corpus of 3 crores and monthly expenses of 60k, you seem well-prepared for retirement. Let's delve deeper into your financial situation to ensure your corpus is sufficient to sustain your lifestyle through retirement:

Lifestyle Analysis: Assess your current expenses comprehensively to ensure you've accounted for all essential and discretionary spending. Consider potential changes in spending patterns during retirement, such as healthcare expenses, leisure activities, and travel.

Inflation Adjustments: Factor in the impact of inflation on your expenses over time. While your current monthly expenses may be 60k, inflation could erode the purchasing power of your corpus in the future. Adjust your retirement income requirements accordingly to maintain your desired standard of living.

Longevity Risk: With a life expectancy of 85 years, it's prudent to plan for a retirement horizon spanning several decades. Ensure your corpus can sustain you throughout your retirement years, factoring in potential healthcare expenses and long-term care needs as you age.

Investment Strategy: Assess the allocation and performance of your retirement corpus across various asset classes. Aim for a balanced portfolio that generates sufficient income while preserving capital. Consider consulting with a Certified Financial Planner to optimize your investment strategy and minimize longevity risk.

Contingency Planning: Prepare for unexpected expenses or emergencies by maintaining a contingency fund separate from your retirement corpus. This fund should cover at least six to twelve months' worth of living expenses to provide financial security during challenging times.

Regular Review: Periodically review your retirement plan and adjust your strategy as necessary based on changes in your financial situation, market conditions, and life circumstances. Stay proactive in managing your retirement assets to ensure they continue to meet your needs and objectives.

Considering these factors, a corpus of 3 crores appears to be a solid foundation for retirement at 55, assuming prudent financial management and investment decisions. However, it's essential to conduct a comprehensive analysis of your retirement needs and goals to confirm the sufficiency of your corpus and ensure a financially secure and fulfilling retirement.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

Ans: It's impressive to see your proactive approach towards diversifying your investment portfolio, especially by venturing into the equity market through blue-chip stocks and mutual funds. Let's evaluate your mutual fund portfolio and explore potential enhancements:

Quant Small Cap Fund: Investing in small-cap funds can offer significant growth potential, albeit with higher volatility. Given your existing exposure to real estate and passive income, incorporating small-cap funds can add diversification to your portfolio. However, it's essential to monitor the fund's performance and risk profile regularly.

SBI Contra Fund: Contra funds invest in undervalued stocks with the potential for reversal in market sentiment. While this strategy can yield attractive returns over the long term, it's crucial to assess the fund manager's track record and investment approach. Regular review and adjustment may be necessary to optimize performance.

Motilal Oswal Midcap Fund: Mid-cap funds target companies with medium market capitalization, offering a balance between growth potential and risk. As with small-cap funds, mid-cap investments require a higher risk tolerance due to increased volatility. Ensure adequate diversification across fund categories to mitigate concentration risk.

ICICI Prudential Infrastructure Fund: Infrastructure funds focus on sectors like construction, energy, and transportation, offering exposure to India's infrastructure development. Given the government's emphasis on infrastructure spending, this sector may witness growth opportunities. However, it's essential to monitor sector-specific risks and economic indicators.

ICICI Prudential Bharat 22 Fund & Nifty BeES: These investments provide exposure to diversified equity indices, offering broad market participation. While index funds offer lower expense ratios and passive management, they may lag in capturing potential alpha compared to actively managed funds. Regular review ensures alignment with investment objectives.

To further enhance your mutual fund portfolio:

Consider evaluating your asset allocation to ensure it aligns with your risk tolerance and investment horizon.
Regularly review the performance of individual funds and rebalance your portfolio as necessary to maintain diversification.
Explore additional investment opportunities such as debt funds or thematic funds to further diversify your portfolio and manage risk.
Seek professional guidance from a Certified Financial Planner to develop a comprehensive investment strategy tailored to your financial goals and risk profile.
By continuously monitoring your portfolio's performance and making informed investment decisions, you can optimize returns and achieve your long-term financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

Ans: Your aspirations reflect a proactive approach towards wealth creation, and with proper planning and discipline, achieving your financial goals is feasible. Let's outline a strategy to align your investment objectives with your target corpus of 7 Crores by the age of 45:

Setting Realistic Expectations: While aiming for a substantial corpus is admirable, it's essential to ensure your expectations are grounded in reality. Achieving a 7 Crore corpus within 15 years requires a disciplined savings and investment approach, coupled with prudent portfolio management.

Structured Savings Plan: Starting with an initial investment of 50,000 per month and incrementally increasing it by 10% annually is a prudent strategy. This approach accounts for income growth over time while maintaining affordability and consistency in savings.

Diversified Portfolio: To optimize returns and manage risk, diversify your investment portfolio across various asset classes such as equity, debt, and gold. Consider allocating a portion of your monthly investment towards SIPs in equity mutual funds, aiming for long-term capital appreciation. Additionally, you can explore debt mutual funds for stability and income generation, and gold ETFs for portfolio diversification and hedging against inflation.

Regular Review and Adjustment: Periodically review your investment portfolio to ensure alignment with your financial goals, risk tolerance, and market dynamics. Adjust asset allocation and fund selection as necessary to optimize returns and mitigate risk.

Professional Guidance: Consider consulting with a Certified Financial Planner to develop a comprehensive financial plan tailored to your specific circumstances and goals. A CFP can provide personalized advice, investment recommendations, and ongoing monitoring to help you stay on track towards achieving your financial objectives.

Monitoring Progress: Regularly monitor the growth of your investment portfolio and track it against your target corpus. Assess your progress periodically and make necessary adjustments to stay on course towards your financial goals.

While the path to accumulating a 7 Crore corpus may pose challenges, with discipline, perseverance, and prudent financial planning, you can inch closer to realizing your aspirations. Remember to stay focused on your long-term objectives and remain adaptable to changing circumstances along the journey.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

Ans: You've made commendable strides in securing your financial future, but let's delve deeper to ensure a comfortable retirement awaits you:

Your current savings strategy, including SIPs, NPS contributions, and investments in various instruments, demonstrates a proactive approach towards wealth accumulation. However, to ascertain whether your current investments suffice for a peaceful retirement, let's analyze your financial position comprehensively.

Your existing investments across EPF, post office schemes, PPF, and other instruments provide a diversified portfolio catering to both short-term liquidity needs and long-term wealth accumulation. Additionally, your allocation towards Sukanya Samriddhi Yojana reflects a thoughtful consideration for your daughters' future financial needs.

Considering your age and retirement horizon, it's crucial to assess the adequacy of your retirement corpus. While your current savings rate is commendable, projecting your future expenses, inflation, and lifestyle expectations is imperative to determine the gap between your current savings and retirement goals.

Factors such as your daughters' education expenses, healthcare needs, inflationary pressures, and desired retirement lifestyle warrant careful consideration. Additionally, factoring in unforeseen circumstances and emergencies is vital to ensure financial resilience during retirement.

Your outstanding home loan adds a liability to your financial equation, albeit a manageable one. It's advisable to assess the impact of loan repayment on your cash flow and retirement savings trajectory. A structured approach to debt repayment, balancing between accelerating loan clearance and boosting retirement savings, can optimize your financial position.

To bridge any potential shortfall in your retirement corpus, consider augmenting your savings rate and exploring investment avenues offering higher returns. Reviewing your asset allocation, optimizing tax-saving strategies, and seeking professional guidance from a Certified Financial Planner can provide invaluable insights tailored to your specific circumstances.

In conclusion, while your current investments lay a solid foundation, a comprehensive review considering your financial goals, obligations, and aspirations is essential to ensure a peaceful retirement. By proactively addressing potential gaps and optimizing your savings and investment strategy, you can embark on a journey towards financial security and tranquility in your golden years.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in