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Kanchan

Kanchan Rai  |600 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 26, 2024

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
Asked by Anonymous - May 26, 2024Hindi
Relationship

Hi to the life/relationship coach, I'm a 25yr old lady working in an MNC earning 24lpa. I'm from a lower middle class south indian family, my parents taught me value of money, i hardly spent on anything till my studies. Coming to my studies, i (I pushed myself too hard to achieve well but never felt negative in those years in life &came out of an NIT with ppo)studied from my 8th standard too hard without any distraction or other knowledge about life till I got job. Ever since i've started working(staying alone in a 1bhk and keeping myself occupied with home chores), i am not sure if it's because I'm living better compared to before without any money/time boundaries(I've got the freedom for everything yet feels lost) or it's bcoz my brain is exhausted, all I do is just work most of my day and rest of time, stay in traffic, i am feeling lost, not able to have any goals or look at life with positivity. my brain is feeling succumbed to daily job routine and not being enthusiastic about anything. (I do workout, meet friends, go to walks and temples , but nothing adventurous or too much out of my comfort zone. Anyway, nothings making me feel better(when I was studying, i did nothing but read, yet I was satisfied to go to sleep peacefully). My parents are telling me to get married so that I'll get better clarity with a partner beside me. But I'm not interested in relationship yet, want to resolve problems with myself first, may be will search for groom after an year or so. Please provide your advice to how to bring my enthusiasm which i lost after I got the job i m doing presently (the present job is a wonderful opportunity with lot of growth for me in career but I m working with half the productivity due to losing the interest in everything, but getting promoted on time till now, not sure how I long I can survive the corporate world without a purpose). I want to look at life positively in all aspects, but unable to due to feeling lost or having no goal. Should I try to remember my childhood interests before my 8th standard or should I try to find my interest in life from scratch? I've tried setting goals about health and career, but I m doing things like a robot but not enthusiastic. I might not get out of comfort zone if I keep going like this.

Ans: It sounds like you’re at a point where, after years of relentless focus on your studies and now your career, you’re experiencing a sense of aimlessness and burnout. This is not uncommon, especially for someone who has been driven by external goals for so long without taking much time for personal exploration and self-care.

Firstly, it’s important to acknowledge and appreciate the significant achievements you’ve made. Coming from a lower middle-class background and earning a position in an MNC with a substantial salary is no small feat. Recognizing this can help provide a sense of pride and accomplishment, which can be a foundation for building your next steps.

You mentioned that you feel like your brain is exhausted, which suggests that burnout might be a factor. Years of intense focus and hard work without much variety or relaxation can lead to this feeling. It’s essential to give yourself permission to rest and recuperate. This doesn’t just mean taking time off work, but also engaging in activities that truly relax and rejuvenate you.

Reflecting on your journey might help clarify why you’re feeling this way. During your studies, you had a clear goal and a structured path. Now, with more freedom and less immediate pressure, it’s natural to feel a bit lost. Your current routine seems monotonous and unfulfilling, which could be contributing to your sense of aimlessness.

Exploring your interests can be a fruitful way to reignite your enthusiasm for life. Think back to your childhood before the intense focus on studies began. What activities or hobbies did you enjoy? Revisiting these can help reconnect you with your passions. Alternatively, you might want to explore new interests. This could involve taking up a new hobby, joining clubs or groups, or even traveling. Stepping out of your comfort zone, even in small ways, can open up new perspectives and opportunities.

It’s commendable that you want to address your personal issues before considering a relationship. This self-awareness will serve you well. Setting personal goals can be helpful, but it’s important that these goals are meaningful to you and not just tasks to complete. Goals related to health, personal growth, or even learning new skills can provide a sense of purpose. However, ensure these goals are flexible and enjoyable, rather than adding more pressure to your life.

Your parents’ suggestion to get married might be well-intentioned, but it’s important to follow your own timeline. If you feel that taking more time to understand yourself will benefit you in the long run, then that’s a valid and important choice.

Lastly, professional support can be incredibly valuable. A therapist or life coach can provide you with strategies to manage your feelings of burnout and help you rediscover your enthusiasm. They can also assist in exploring your interests and setting meaningful goals.

In summary, taking time to rest, exploring your interests, setting meaningful goals, and possibly seeking professional support can help you navigate this phase of your life. By doing so, you can regain your sense of purpose and enthusiasm, leading to a more fulfilling and balanced life.
Asked on - May 26, 2024 | Answered on Aug 08, 2024
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Thankyou Kanchan. Your suggestions are really helpful for me to take upcoming steps.
Ans: I am glad

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Kanchan

Kanchan Rai  |600 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jun 02, 2024

Asked by Anonymous - Jun 01, 2024Hindi
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Relationship
Hi, I am 40 year old female with 15y/o son. Me and my husband together earn 40L/Annum. We have a house in Bangalore. Multiple properties in home town. Built a net worth of 5 crore. 20 lakhs FD. A liability of 32k per month for home loan for next 2 years. We could able to build this from zero just because I had an on-site opportunity for couple of years and I am very good in savings, no impulse buy. We don’t have other commitments and also investment. Now, I have started investing SIPs also, but don’t have that much knowledge in MF Sometimes, I feel like I don’t want to invest anymore and enjoy my life spending. Sometimes I am scared. I have achieved more than my limit financially. I have not made much friends in this period, I have very few genuine friends. Now I don’t know how to shift the gear from hear, I do self care and also do house hold work but somewhere I am not fully content as I lack social life. My relationship with my husband also good. We do fight very often and we both disconnect from each other at that time and later we realise and we connect back. At that time my husband ignores me. I feel hurt. In office, I have a professional commitment and I do my work as per need only. Don’t want to overdo. Not interested in taking up challenging role. I do my work, have lunch and tea with known colleagues and chitchat and comeback. Please guide me how I should make my life interesting. I have a fear of loosing people. I am an introvert. I cry a lot for small things. I feel like I have anxiety, depression, loneliness.
Ans: It's wonderful to see how much you've achieved financially and professionally. Your discipline and hard work have clearly paid off. However, it's equally important to focus on your emotional and social well-being to lead a fulfilling life.

First, it's important to acknowledge and validate your feelings. It's natural to feel a mix of satisfaction and uncertainty after reaching significant milestones. Many people experience a sense of "what's next?" after achieving their goals. This is a good time to explore new areas of personal growth and fulfillment.

One area to consider is your social life. While you have a few genuine friends, expanding your social circle could bring new joy and perspectives into your life. This doesn’t mean you have to force yourself into uncomfortable social situations. Start with small steps, like joining a club or group that interests you, whether it's a book club, a fitness class, or a hobby group. Engaging in activities you enjoy can naturally lead to making new friends.

Regarding your relationship with your husband, it's common for couples to have disagreements. However, the pattern of disconnecting and reconnecting might benefit from more effective communication strategies. Consider setting aside time to talk openly about your feelings and needs when you're both calm. Couples therapy can also provide a safe space to improve your communication and strengthen your connection.

At work, it’s okay to not want to take on more challenging roles if you feel content with your current position. However, if you find yourself feeling unfulfilled, it might be worth exploring what aspects of your job do bring you satisfaction and how you can incorporate more of those elements into your daily routine.

Finally, your tendency to cry easily and feel anxious could be signs of underlying emotional strain. It might be helpful to speak with a therapist who can provide you with tools to manage these emotions and explore any deeper issues that might be contributing to these feelings.

Remember, it’s perfectly okay to seek help and invest time in your emotional health. Balancing your impressive financial success with personal happiness and fulfilling relationships can lead to a more holistic sense of well-being. Take small steps towards expanding your social network, improving communication with your husband, and addressing your emotional health. These changes can make a significant difference in your overall satisfaction and happiness.

..Read more

Anu

Anu Krishna  |1617 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 28, 2024

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Relationship
Okay this is the first time, I am opening to some mind coach, glad to have your opinion, I am 24 now, and I have been working with a start up since last 3 years, As a male I have my big dreams, my passion and added a lot of responsibilities, thinking of which, I ain't satisfied with where I am currently, with the same I have even lost my motivation to work harder- falling into the trap of being comfortable with where I am, which I really don't like, I have multiple passions, I was a good music lover with singer and instruments, I was also into workout a keen interest and built muscles which are going down now, more onto it, I was into sketching and art, a really fine one, I am a short of traveller where I make videos for editing to show them to the world, but it didn't came out from my phone memory ever after I returned from any trip, matter of fact I didn't learn them, but I wanted to, but now tragically I have lost interest in all these passions, I am worried because I am being too comfortable with things, I desperately want to achieve milestones but don't wanna work for it. Sometimes it feels like this chaos in mind, it was far worse than adolescence, zest of everything I want to do miracles but won't move a muscle for it, I had doses of motivation and it doesn't work for me now.
Ans: Dear Yuvraj,
I do see a lot of youngsters jumping into the bandwagon of start-ups without realizing the twists and turns in it. It's not about churning the next best revolutionary idea but it comes with a mindset that understands perseverance, resilience and a lot of compromises. Now, maybe you already know that, but at a certain point, the demands go beyond all of this where a failure would mean to start all over again OR complete change of the idea and back to the drawing board OR a feeling that joining a start up was a wrong move, and all these can be frustrating.

Now, I do not have all that information, so I can assume that maybe you are just tired from all of it and seek a break. Not interested in your passions could mean that you are possibly tired. So, take a break from it all and actually figure out if the start-up scene is actually right for you. And there is nothing wrong in admitting that it isn't, right? At least you won't learn that a few years down the line and regret wasting time...

But if you come back from the break, feeling rejuvenated, then you know that you can get back into the start-up with renewed vigor. Either case, that break will give you some reflection time. During the break, connect with a mentor or a coach who can actually help you dig deep down and get to the bottom of this...Motivation is just a step away provided you do something to wake it up...

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

..Read more

Latest Questions
Janak

Janak Patel  |45 Answers  |Ask -

MF, PF Expert - Answered on Jun 05, 2025

Asked by Anonymous - Jun 02, 2025
Money
Hi I am 32 years old working in IT, I want to retire from IT. I have a monthly expenses of 50k, 10L in bank and 12L in stocks. My question is: 1) what is the corpus amount to meet my monthly expenses? (Generate a revenue to cover my monthly expenses while corpus being invested in FD. considering inflation, and with the life expectancy 70 years) 2) at what age I can safely retire?
Ans: Hi,

Your current savings/investment of 22L will support your expenses for only a few years at this time.

Today if you wish to retire, you will need over 2 crores in FD earning 7% returns to last for your life expectancy of 70 years.

I recommend you focus on saving and investing across different asset classes to maximize your corpus over time. Different asset classes like equity, debt, gold etc can provide you well diversified option to generate wealth and provide stability and liquidity.

FDs are a safe option but its safety net if not going to cover your whole corpus if the bank fails.

Understand the potential, risk and returns of different asset classes and considering the long time period you have, you can save over the next 10-15 years and then plan retirement once your retirement corpus is accumulated.
Mutual funds are a good option to consider as they cover few asset classes and are easy to manage and track.

The retirement corpus depends on the time period post retirement and the expense you plan to cover from it. Accumulating that corpus also needs a plan and commitment to save/invest on a regular basis.

Thanks & Regards
Janak Patel
Certified Financial Planner.

...Read more

Ramalingam

Ramalingam Kalirajan  |8859 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 05, 2025

Asked by Anonymous - Jun 05, 2025
Money
I am a retired person age 63. I need financial assistance as to how to use my funds. I have sold an property in July 2024 and kept an amount of Rs. 35L in capital gain account. As per inflation rate calculation, I have sold this properly in loss and there should be no tax deduction. Can I withdraw this fund and use in some other means Please advice. I have other savings. Approx. 34L are there in MF, I have a monthly SIP of Rs.16K. I have a PPF savings of Rs. 28L. I have approx. 7L in SB account. I have a LIC policy for which I shall get a lumpsum amount of approx. 12L in 2028. I have a plan to purchase a property in Delhi for Rs. 90L-1Cr. I also need some monthly income for monthly expenses. Please advice how I can use these funds for better benefits etc. and a monthly return for daily hope expenses.
Ans: You have built a respectable portfolio post-retirement. It shows you have taken prudent decisions in the past. Now the focus should be on creating monthly income, managing risks, and making sure your funds are used wisely without stress. Let us go step-by-step to build a clear plan for you.

Capital Gains Account – What You Can and Cannot Do
You deposited Rs. 35 lakhs in a capital gains account in July 2024.

You believe the sale was at a loss after adjusting for inflation.

Capital Gain Account Scheme is meant only for buying or constructing a house.

Funds must be used within 2 years (for purchase) or 3 years (for construction).

If you don’t use the amount within the allowed time, it is treated as capital gain.

You may be taxed on it in the year when the deadline ends.

Even if you made a loss, the income tax department needs documentation to accept it.

If you wish to withdraw this money for other uses, you must close the account formally.

You must submit Form G to your bank, explaining why you want to withdraw.

If you do not use this money for property purchase, it may be taxed.

Please speak to a chartered accountant for exact tax impact before withdrawal.

Avoid using this fund until you have tax clarity and proper documentation.

Your Monthly Income Requirement – First Focus Area
As a retired person, your priority is monthly income and capital safety.

Let us assume you need Rs. 35,000–40,000 per month for living expenses.

This amount must come from interest or investment income, not from selling assets.

You currently have SIP of Rs. 16,000/month and Rs. 34 lakh in mutual funds.

You can start a Systematic Withdrawal Plan (SWP) from these mutual funds.

Start with Rs. 25,000 monthly withdrawal for the next 6–12 months.

The SIP can continue at Rs. 16,000 if cash flow allows.

Top up the balance Rs. 10,000–15,000 monthly from your savings account.

If needed, use PPF interest, which is tax-free, to manage shortfall.

Your Savings Account – Ideal Usage Strategy
Rs. 7 lakh in your savings account is good but should not stay idle.

Shift Rs. 4 lakh to a short-term debt mutual fund or liquid fund.

Keep Rs. 3 lakh as emergency fund in savings for medical or urgent needs.

Don’t keep all in one bank. Use 2 banks if needed for safety.

Mutual Funds Portfolio – Core Strategy and Monthly Income
Rs. 34 lakh in mutual funds is a strong base.

Continue with only regular plans via MFD who is also a CFP.

Avoid direct funds. They don’t provide guidance or timely review.

You need periodic rebalancing based on your retirement age and market cycle.

Use actively managed balanced advantage and hybrid funds.

These provide equity growth with stability and lower downside risk.

Withdraw using SWP from these funds to generate regular income.

Start with 4–5% annual withdrawal. Increase slowly if needed.

Avoid index funds. They just copy the market and offer no risk control.

In falling markets, actively managed funds protect capital better.

Your Certified Financial Planner can guide which funds to choose and exit.

PPF – How to Use the Rs. 28 Lakhs Safely
You have Rs. 28 lakh in PPF. It is 100% tax-free and safe.

Do not withdraw unless very urgent.

PPF earns steady interest every year without risk.

You can extend PPF in 5-year blocks with or without fresh contributions.

Use it as a reserve to support health care or large expenses.

Don’t touch this for property investment unless no other option exists.

LIC Policy – Planning the Maturity in 2028
You will receive Rs. 12 lakh in 2028.

This can be a good future buffer for medical or long-term care.

LIC returns are usually lower than mutual funds.

Once you receive the maturity, shift the amount to mutual funds.

Start a fresh SWP from this amount in 2029, if needed.

Don’t invest this lump sum again in insurance products.

Real Estate Purchase Plan – Review It Carefully
You are planning to buy a property worth Rs. 90 lakh to Rs. 1 crore.

Please think twice before locking big money in real estate.

Real estate gives zero liquidity and high maintenance cost.

Selling real estate later can be slow and stressful.

Rental income is not guaranteed and is often low compared to invested corpus.

You will be forced to withdraw from mutual funds or PPF for down payment.

This will reduce your income-generating assets.

Instead of buying, consider staying on rent.

This will keep your money free, accessible, and invested.

In case of emergency or health issues, liquid investments help more.

Buying property now will break your cash flow and lower monthly income.

Think from a cash flow view, not emotional attachment.

Suggested Investment Allocation from Available Corpus
Rs. 35 lakh: Keep in CGAS till you get tax clarity.

Rs. 34 lakh in Mutual Funds: Keep 75% in hybrid and 25% in large-cap funds.

Rs. 28 lakh PPF: Keep untouched. Extend for 5 years post-maturity.

Rs. 7 lakh in SB: Keep Rs. 3 lakh in savings. Shift Rs. 4 lakh to debt funds.

Rs. 12 lakh LIC maturity: Plan to move to mutual funds in 2028.

Emergency and Health Safety – Must for Seniors
Health costs are unpredictable.

Ensure you have a health insurance of Rs. 10–15 lakh with good hospitals covered.

Don’t depend only on savings for health expenses.

You can keep Rs. 5 lakh in liquid funds only for health emergencies.

Also keep one family member informed of your accounts and investments.

Key Investment Mistakes to Avoid at This Stage
Don’t invest in ULIPs, endowment plans, or pension-linked policies now.

Don’t go for annuity schemes. Returns are very low and taxable.

Avoid fixed deposits for long term. Interest is taxable and eroded by inflation.

Don’t follow friends’ tips or invest in trends blindly.

Do not invest based on emotions or fear of missing out.

Focus on regular monthly return and capital safety, not risky growth.

Finally
You have done well in building assets before retirement.

The next goal is to convert your assets into reliable monthly income.

Do not rush into buying real estate. Keep cash flow strong and flexible.

Focus on mutual fund-based SWP for income and keep PPF as reserve.

Use a Certified Financial Planner to manage fund review and tax planning.

Avoid unnecessary complications and risky options.

Stay invested wisely. Protect your retirement with safe, planned income.

Regular check-ins and fund reviews every 6 months will help adjust your plan.

With good planning, you can enjoy peace, safety, and dignity in retirement.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Janak

Janak Patel  |45 Answers  |Ask -

MF, PF Expert - Answered on Jun 05, 2025

Money
I AM 80 YEARS OLD AND STILL WORKING AS A Consultant AND EARNING RS.1.5 LAKHS PER MONTH. I HAVE A CORPUS OF 182 LAKHS CONSISTING OF MF/ FD/ AND STOCKS. I CONTEMPLATE RETIRING IN 6 MONTHS. REQUEST PL.SUGGEST IF MY CURRENT CORPUS WILL SUFFICE UNTIL AGE OF 95. MY MONTHLY EXPENSES ARE RS.50000.00. I HAVE NO LIABILITY AND MY WIFE IS THE ONLY DEPENDENT. SELF AND WIFE ARE CO.VERED UNDER MEDICLAIM.AWAITING UR VALUED OPINION
Ans: Hi Sivaramakrishnan,

Congratulations on having an active working life at the age of 80.

For your monthly expenses of Rs 50000 and assuming an inflation of 7% over the next 15 years, you require approx. Rs 85 lakhs (today).

You already have Rs 182 lakhs (not including any further savings over the next 6 months) invested across MF/ FD/ and STOCKS.

I recommend you have a systematic withdrawal plan from your investments for your annual expenses.
Depending on how you have spread your investments, you can decide on the approach.
For MFs - its simple to do a SWP for an amount each month.
For FDs - you may need to liquidate them, so instead of breaking them, plan to use them at their maturity if its within six months of your requirement. if the maturity is long term, and you have a need then you may need to liquidate. Also check if there is an option to make them Sweep-in type FD, which means that when your account has less balance, it will move money from FD to account. Discuss with your bank on options available to you.
For Stocks - You can decide when to liquidate them. If you wish to move away from stocks, then you can consider investing in so hybrid Mutual fund schemes considering your time horizon.

Overall you will be looking to grow approx. Rs 1 crore over the next 15 years and this can grow to an amount of Rs 3 crores at 8% returns.

So your current corpus is more than sufficient and even if you increase your monthly expenses, you will have a surplus after 15 years.
Happy retirement and a healthy life ahead.

Thanks & Regards
Janak Patel
Certified Financial Planner.

...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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