Home > Relationship > Question
Need Expert Advice?Our Gurus Can Help
Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 20, 2021

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
RG Question by RG on Sep 20, 2021Hindi
Listen
Relationship

I have been in a relationship for 12 years when I married the man I love.

It is now 6 years of marriage and we have a kid. When I was pregnant my husband was in a relationship with another woman.

When my kid was 2.5 years old I came know about the relationship and I am destroyed.

My husband asked me not to leave him and since I didn't get any support from my family I stayed. Now I am still not able to overcome the situation.

I know he doesn't love me though he says he does.

I don't know why I am with him, he is trying to maintain our relation but there is nothing like before.

I don't feel the same way. I even don't know whether I still love him or not.

Ans: Dear RGI am going to assume that you want the marriage to work and my suggestions below are based on this assumption.

It's time to get an independent person involved who will help in giving an impersonal view. This could be an elder member of the family or a Marriage Therapist.

What this person will help with is reevaluate your marriage, put things into perspective, clarify all your doubts.

Obviously, you have your doubts on whether he loves you or not after being cheated upon! But no amount of asking is going to convince you…that’s why it’s imperative for both of you involve a person who can guide you through this process of rebuilding your marriage in trust and love.

In the meantime, what I might suggest for you is: Remind yourself everyday as to why you married him and what he has brought forth to your life.

This helps you be in a sane space on a daily basis which also help you care for the toddler who needs a lot of care and love as well.

Spend time with friends that don’t just gossip and bad-mouth but can genuinely nourish you; you need this nourishment now.

Pick up a hobby and indulge in it; it helps not just distract you but also give you a ‘feel-good’ emotion and makes you have little moments of joy.

Of course, after you visit the expert, the choice of continuing in the marriage or not, rests with the two of you…choose wisely.

All the best!

You may like to see similar questions and answers below

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 27, 2022

Listen
Relationship
 Hi, I am married and I have a one year old boy. My husband and I were good friends before marriage. After the marriage, for the first few days, he was very loving and caring. But he was reluctant to have physical intimacy and always avoided me. Later on, he started to pick up silly fights whenever I approached him with love. Then fights became a routine in our life. He accused me of being doubtful, jealous and arrogant, but I simply tried to solve the issue with him. At a later stage, his parents and younger brother intervened in the issues and they also had allegations against me. They even tried to picturise me as a mental patient, who intentionally creates troubles. I was actually feeling lonely when even my parents told me to go for counselling. The psychologist whom I consulted, laughed at their accusations and suggested my husband to consult a family therapist. Even though he was reluctant initially, he came later to see a family therapist. After that, he started to love me, and we lived happily for a few months. Problems started to rise once again, when he came to know that I'm pregnant. He accused me of cheating him and his parents even tried to abort the baby without my knowledge. I opposed abortion, but they intentionally created chaos even in the eighth month of pregnancy. After the birth of the baby, every day, he would shout at me to leave the baby there and go somewhere.He always said, I have a baby now, I don't want to make love anymore, never ever ask me to have sex. And the toxicity his parents are showing is also humiliating. I have 2 questions.1. Why is my husband always reluctant to have a physical relationship? He takes care of the baby well and showers love but neglects me and my needs often.2. After all this toxicity, is it worth to stay with them? Narcissistic in-laws are making me violent and out of control, at times, harming myself. I am losing my self-esteem and falling into depression, nowadays. Please reply.
Ans:

Dear VM,

He is reluctant to have a physical relationship because deep down he has issues that he does not want to confront.

It could be emotional or physical issues that he is embarrassed to share as it might challenge his ‘manhood’.

Most people like to life in that false pride rather than solve the issue at hand.

So, he absolutely needs to go to a doctor or a therapist who can help him out of this issue and hence the two of you can begin to bond. Else today he accuses of cheating, tomorrow it will something else and then something else.

This issue is being beautifully masked by your in-laws who also possibly don’t know that their son needs HELP. So, it’s easy to blame it on you.

Staying with him or not is a personal decision that you must make. Ask yourself:

What is it that I am getting from being in this marriage?

What will I lose by walking out?

How will walking out impact the baby?

Do I have a support system that will stand by me as I choose to leave the marriage?

Evaluate your state of mind and focus on getting better by being happy and cheerful and reaching to those who can keep you in that state.

Whatever you choose to do, do not waste another moment here on wasteful situations and do what’s best for you and your baby which I am suer you can.

Best wishes!

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

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

Listen
Relationship
Hi Anu, I am 36 year old woman. I am married for 9 years with two kids. My marriage was never a happy one. We had lots of arguments and fights even before marriage. I broke my engagement but later he convinced me that he will always keep me happy but it turned out to be an abusive marriage. He started beating me every now and then after my son was born. I also filed police complaint thrice. After which he improved a lot may be because of fear and shame. Meanwhile I also cracked government exam and got a very good job. Things were okay but after my daughter's birth last year his behaviour changed. He is not interested in physical relationship any more. He says that after our daughter's birth he's started to respect women. I tried to talk to him many times but all in vain. I don't know what to do now. I don't want to leave him for the sake of children.Now I want to live my life happily with my children and let him do whatever he wants. I don't know if I am right or wrong.He takes money from me whenever required but never spends money on my personal needs. Sometimes I feel he is with me only for money and doesn't love me. I am confused. Help.PS: He is taking good care of children and household.
Ans:

Dear SS,

It is hard to walk out of an abusive relationship and when children are involved, you want to stretch it on longer.

But have you considered how this has already affected their minds?

Children from violent and abusive backgrounds do not grow up steady and face a lot of challenges later in life.

Now, coming back to you…Hasn’t it hurt your ego and pulled down your self-esteem? I am sure it already has hurt you beyond and more.

Usually, I never ever tell people what to do, but make my suggestions and share perspectives so that the mind has clarity to decide what’s best for them in their context.

But here, I am telling you this and listen hard…Physical abuse is a NO NO.

If what you say that his behaviour has changed, then I believe that he isn’t physically abusive anymore.

I do understand you are giving him the long rope for the sake of the children, but when the parents are unhappy, what environment will the children grow in?

Ask your family to step in as you are going to need their care and support hereon.

Take one day at a time and evaluate on a daily basis what his presence in your life is doing to you.

Is it draining you and keeping you on the edge or is it getting better with him improving?

This will clearly indicate what you need to be doing as the next step.

Just remember to value yourself every moment and make yourself your own priority first.

All the best!

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

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

Listen
Relationship
Hi mam, from a very long time, I wanted to talk about this. I am married and have a 2 year old kid. The problem is i don’t feel love towards my wife or kid. To begin with it was an arranged marriage and I was not ready. My family kind of emotionally forced me in to this.  After clearly explaining and telling my wife that i am not ready to be a dad she got pregnant, said NO to abortion and even involved my parents. Everything happened too fast and I was stuck in my career. Now I have a kid and a wife that I never wanted. There was no love to begin with and now it’s getting complicated.
Ans: Dear HS, love is something either embrace or walk away from; the choice is yours.

Just like you had the choice of marrying this person or not.

Why exactly did you choose to be forced into it? And now that you have, don’t you think that you need to hold up your end of the bargain?

What did your wife and child have to do with it?

Also, did you tell your wife-to-be before marriage that you are marrying against your wishes?

At least, then she would have been able to have the choice of whether to go ahead with the marriage or not. If you haven’t, please know that they are not at fault for your actions.

When you say, she got pregnant, I would like you to know that it takes two people to make a baby; why do I sense that you are blaming her for all of this?

Surely, if you knew you didn’t want to be a father, you could have used protection.

It’s very easy to blame someone else for what’s not right with your life and that’s what I get a sense that you are doing. But if I were to give you the benefit of doubt, which I would…

I want you to ask yourself: Do I want to be in this marriage or not?

In either case, you have the moral responsibility to provide for your wife and child even if you DON’T love them.

Even if you don’t want to have anything to do with your wife, what wrong did your child do?

Just that he/she has been born into a home where there is so much confusion over love.

Let the child know that he/she is loved no matter what. That responsibility as parents is as much yours as it is your wife’s.

As adults, do bring this matter to the table and discuss what you want to do. Whatever you decide, keep the best interests of everyone in mind especially the child’s interests as a priority.

All the best and be happy.

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 27, 2023

Listen
Relationship
I am 38, I am in an unsuccessful married life. Ours was a love marriage but soon after our marriage, he showed his true colours by demeaning me in front of his family, his family too does not like me and disrespect me always. I had to fight for keeping marriage intact because I love him and could not think of seperation. He had filed for divorce earlier but later he withdrew the case and now we have a son. But, still today, I could sense he doesn’t love me. At this juncture, i am independent, I told him we can call it off but he tells me to leave my son with him and he will not allow me to take my son with me. I am completely screwed and I am not happy and suffering a lot because it is one sided love. I do not know what to do ?
Ans: Dear Garima,
Clearly your husband is unsure of what he wants from this marriage. Files for divorce and then withdraws the case? What are you; someone who can keep adjusting to his decisions with no feelings?
If you sense that there is no love, then surely there is something that is keeping you rooted in this marriage despite the fact that you are independent?
Identify what that 'something' is...because even if you choose to walk out, if this 'something' is not present in your next relationship or in whatever you do, you will regret walking out.
So, first identify it and ask yourself: Can I recreate this (something) by myself without being dependent on my marriage or my husband?
No one must suffer in a relationship. Along with Love, a fair share of understanding also keeps a marriage together.
So, evaluate what is a 'must' in a marriage for you and if that is something that you are currently experiencing/ If not, you are wise to know what to do. Yes, if children are in the picture, there's a lot more that you must consider whichever way you decide.

All the best!

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
Dear sir/madam, I am 36 years old, and have minimal corpus of ~50 lakhs across MFs, and EPF. I am currently maintaining a monthly SIP of 50k. I am looking to generate a monthly income of 6 lakh post retirement. I am also expecting child education and marriage expenses of ~3Cr. Along the way. Any recommendations for new or alternate investments, increase in SIP amount, etc.?
Ans: Firstly, congratulations on your diligent approach to financial planning. Your commitment to investing through SIPs and building a corpus for your future needs is commendable.

Considering your age, current corpus, and future financial goals, it's crucial to reassess your investment strategy to ensure it aligns with your objectives. Here are some recommendations and considerations to help you navigate your financial journey:

Assessing Current Investments:
Review the performance of your existing MFs and EPF to determine if they are delivering the expected returns.
Evaluate the diversification and risk profile of your portfolio to ensure it's well-balanced and aligned with your risk tolerance.
Increasing SIP Amount:
Given your goal of generating a monthly income of 6 lakhs post-retirement, you may need to increase your SIP amount to accelerate wealth accumulation.
Consider gradually increasing your SIP contributions over time, taking into account your income growth and affordability.
Exploring New Investment Avenues:
Look beyond traditional investment avenues and explore alternative options such as debt funds, equity-linked savings schemes (ELSS), and balanced funds.
Evaluate the potential of adding new investment avenues like direct equities, PPF, or NPS to diversify your portfolio and enhance returns.
Planning for Child's Education and Marriage:
Estimate the future expenses for your child's education and marriage and start setting aside funds specifically for these goals.
Consider investing in child education-oriented mutual funds or setting up dedicated SIPs to accumulate the required corpus over time.
Seeking Professional Guidance:
Consider consulting with a certified financial planner to get personalized advice tailored to your specific financial situation and goals.
A financial planner can help you develop a comprehensive financial plan, optimize your investment strategy, and navigate any uncertainties along the way.
Remember, financial planning is a dynamic process that requires periodic review and adjustments. Stay disciplined, stay informed, and keep your long-term goals in sight. With careful planning and prudent decision-making, you can build a secure financial future for yourself and your family.

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 01, 2024Hindi
Listen
Money
I am 25 ..I have started SIP of 17000 per month in the following funds - 4000 in HDFC index S and P BSE sensex fund 4000 in paragh parikh flexi cap 3400 - kotak equity opportunities fund 2600 - quant small cap fund 3000 - nippon india small cap I want to remain invested for atleast 30 years from now..Is my portfolio ok or any changes is to be done? kindly suggest your valuable opinion.
Ans: It's great to see you taking proactive steps towards investing at such a young age. Let's review your portfolio and see if any adjustments are needed for your long-term financial goals:

Diversification:
Your portfolio consists of a mix of large-cap, flexi-cap, and small-cap funds, which provides diversification across different segments of the market.
This diversified approach can help mitigate risk and capture growth opportunities across various market conditions.
Long-Term Horizon:
With a investment horizon of at least 30 years, you have a significant advantage of benefiting from the power of compounding and weathering market fluctuations.
It's essential to stay invested for the long term and avoid reacting to short-term market volatility, as this can hinder the growth potential of your investments.
Reviewing Fund Selection:
Consider reviewing the performance and consistency of the funds in your portfolio periodically to ensure they continue to align with your investment objectives.
Keep an eye on the fund managers' track record, expense ratios, and portfolio composition to assess if any changes are warranted.
Asset Allocation:
While your current allocation seems well-diversified, you may want to consider increasing exposure to mid-cap or multi-cap funds over time to potentially enhance returns.
However, ensure you maintain a balanced approach and avoid overconcentration in any particular sector or asset class.
Regular Monitoring:
Stay updated with market trends, economic indicators, and fund performance to make informed decisions about your investments.
Rebalance your portfolio periodically to realign with your risk tolerance and investment goals, especially as you progress towards your long-term objectives.
Overall, your portfolio appears well-structured for long-term wealth accumulation. Keep up the discipline of regular investing and stay focused on your financial goals. Consider consulting with a financial advisor for personalized guidance tailored to your specific needs and aspirations.

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
A portfolio of 10 Crore in next 5 years. Want to start 80-90 k sip in MF but not in Indian market. YOUR ADVISE REQUIRED? Me and my wife jointly monthly income 3lakh per month. By profession I am a PVC flex material trader, my wife is training centre owner. Having two cute nd naughty son 4 yrs and 2 yrs old. Myself Vishal Choubey nd My wife shanti both aged 39 years. Having 5 houses Rental income arround 55k per month collectively. 1 CR term insurance for both of us in case something happens. An lic of 6 Lac going to mature 2026. Till 31st March 2024 PPF Vishal (10L)+ 10(L) shanti. Ujjivan bank 9k share @ 21rs, Mix share 2Lac. Edelweiss greater China 3.1Lacs, Axis China fund 5.2 Lakh, An sip of 49000/- in Nippon Taiwan current investment 7.37 Lakh market value 9.53 lakh, 3k sip in icici tax fund. Idfc tax fund an investment of 70k is now 2.6 Lakh, Many fund got doubled in last 3-4 years Approx 50 lakh MF portfolio. 14 Lakh. A land parcel of 1 acre approx 40 Lakh. All the assets are created in last 10yrs. Wish to sell one apartment and invest into China fund your advise required?
Ans: Hello Vishal and Shanti,

It's wonderful to see that you've built a substantial portfolio and are actively planning for your financial future. Let's address your queries and provide some advice:

Investment in International Markets:
Diversifying your investment portfolio by investing in international markets is a prudent strategy to mitigate risks and capture global growth opportunities.
Given your intention to start SIPs in MFs outside the Indian market, consider researching and selecting funds that focus on regions or countries with strong economic growth prospects, such as the US, Europe, or emerging markets like China.
Look for mutual funds or exchange-traded funds (ETFs) that have a track record of consistent performance and are managed by reputable fund houses with expertise in international markets.
Selling Apartment and Investing in China Fund:
Selling one of your apartments to invest in a China-focused fund can be a strategic move, provided you have thoroughly evaluated the risks and potential returns associated with investing in the Chinese market.
Consider factors such as geopolitical tensions, regulatory changes, and economic stability when making investment decisions in international markets.
Consult with a financial advisor to assess the suitability of this investment strategy based on your overall financial goals, risk tolerance, and investment horizon.
Reviewing Existing Investments:
Periodically review your existing investments, including MFs, shares, and other assets, to ensure they remain aligned with your financial objectives and risk profile.
Take advantage of opportunities to rebalance your portfolio and reallocate funds to assets that offer better growth prospects or align with your evolving financial goals.
Risk Management and Insurance:
Continue prioritizing risk management by maintaining adequate insurance coverage, such as your term insurance policies, to protect your family's financial well-being in case of unforeseen events.
Regularly assess your insurance needs and consider updating your coverage as your financial circumstances change over time.
Long-Term Financial Planning:
Given your joint monthly income, rental income from properties, and diverse investment portfolio, continue focusing on long-term financial planning to achieve your goal of building a portfolio worth 10 Crore in the next 5 years.
Monitor your progress towards this goal regularly and make adjustments as necessary to stay on track.
Overall, your proactive approach to financial planning and willingness to explore international investment opportunities bodes well for your financial future. Continue seeking expert advice and stay disciplined in executing your investment strategies.

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 01, 2024Hindi
Listen
Money
I am 53 years now . I have 70L in PF. 27L in Mutual funds and 6L in stocks and Two flats .but one running on loan with 57K EMI(principal outstanding - 50L). Going to have one edu loan for my daughter for 20L. In the next 7 years - major expenses will be my son and daughters marriage .( Around 30 L) . I should complete my house loan liability before my age of 58/60 with periodical /partial pre closure through annual bonus . I may need 85K per month post my retirement ( 15K rental income ) Please advice on my financial position
Ans: It sounds like you have been diligent in building your financial assets and preparing for future expenses. Let's assess your current financial position and outline a plan to address your goals and concerns:

Asset Allocation:
Your portfolio includes a mix of PF, mutual funds, stocks, and real estate, which provides diversification and stability.
Consider reviewing your asset allocation to ensure it aligns with your risk tolerance, investment horizon, and financial goals.
As you approach retirement, you may gradually transition to a more conservative allocation to preserve capital and generate steady income.
House Loan Liability:
With a principal outstanding of 50 lakhs on your house loan, it's advisable to prioritize paying off this debt before retirement.
Utilize periodic bonuses and surplus funds to make partial prepayments and reduce the loan burden. This will help you achieve financial freedom and peace of mind in retirement.
Upcoming Expenses:
Plan for your children's marriage expenses and the education loan for your daughter by setting aside funds in advance. Consider earmarking a portion of your savings or investments for these specific goals.
Since the marriages are expected within the next 7 years, assess your cash flow and investment returns to ensure you have sufficient funds when needed.
Retirement Income:
Aim for a retirement corpus that can generate 85,000 per month post-retirement, supplemented by rental income from your property.
Estimate your retirement expenses and calculate the required corpus based on your desired income level, life expectancy, and inflation.
Review and Adjust:
Regularly review your financial plan and make adjustments as needed to stay on track towards your goals.
Consider consulting with a financial advisor or planner to optimize your investment strategy and retirement planning based on your specific circumstances and objectives.
Overall, your financial position appears solid, but it's essential to remain proactive in managing your assets and addressing upcoming expenses. With careful planning and disciplined execution, you can navigate through these milestones and achieve financial security in retirement.

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
Hello Experts, Greetings Im 33yr old and was earning just to make ends meet until now.Now I have a job where I can save 1.5 lakhs per month. I have short term goal to buy a car worth 10 lakhs in next 1 year or so. . suggest an investment strategy so that I can plan accordingly to achieve this goal. Also with about 50,000 I can invest in equity and debt with 60%-40% ratio for a long time. please suggest SIPs for the same. Thank you
Ans: Congratulations on your new job and the opportunity to save significantly each month! Let's outline a strategy to help you achieve your short-term goal of buying a car worth 10 lakhs within the next year, as well as a long-term investment plan for your equity and debt portfolio:

Short-Term Goal (Car Purchase):
Since your goal is to buy a car within the next year, it's crucial to focus on low-risk, liquid investment options to ensure the safety of your capital.
Consider investing your savings in a combination of fixed deposits (FDs), liquid mutual funds, or short-term debt funds. These options provide relatively stable returns and allow for easy access to funds when needed.
Aim to allocate your savings in such a way that you can accumulate 10 lakhs within the specified timeframe. Calculate the required monthly contribution based on your investment choice and the expected rate of return.
Long-Term Investment (Equity and Debt):
With a monthly surplus of 50,000 for long-term investments, you have the opportunity to build a well-diversified portfolio that balances growth potential and risk.
Considering your risk tolerance and the long investment horizon, a 60%-40% allocation to equity and debt, respectively, seems reasonable.
For equity investments, consider investing in a mix of large-cap, mid-cap, and multi-cap mutual funds through SIPs. These funds offer exposure to different segments of the market and can help diversify your portfolio.
For debt investments, opt for high-quality debt funds or fixed income options like PPF or debt-oriented mutual funds. These instruments provide stability and regular income while preserving capital.
Regularly review your portfolio's performance and make adjustments as needed to stay aligned with your financial goals and risk tolerance.
For your short-term goal, prioritize capital preservation and liquidity, while for your long-term investment portfolio, focus on creating a balanced mix of equity and debt instruments to achieve your financial objectives.

Best of luck with your investments and car purchase journey!

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
sir Mera 12 lacs ka loss ho rakha hai share market mei. job chal rahi salary 60 k hai. lekin emi proper nhi de pa raha hoon aur ghar par kharcha bhi nhi chala pa raha hoon.4 credit cards hai aur 1 bajaj finserv aur 2 app loan hai. app loan 3-4 mahine se emi nhi di hai. depression mei chal reha hoon. Har time yahi dhar laga rehata hai koi legal action na ho jaaye. koi solution batayen please
Ans: I understand that you're going through a tough time with a significant loss in the stock market and financial challenges. Here are some steps you can take to address your situation:

Seek Professional Help: Consider consulting a financial advisor or counselor who can provide guidance on managing your debts and creating a budget plan.
Prioritize Payments: Make a list of all your debts, including credit cards and loans, and prioritize payments based on interest rates and penalties for late payments.
Communicate with Lenders: Reach out to your lenders and explain your situation. Many financial institutions offer hardship programs or repayment plans that may help alleviate some of the financial pressure.
Budgeting: Create a detailed budget to track your income and expenses. Identify areas where you can cut back on spending to free up funds for debt repayment.
Focus on Mental Health: It's essential to prioritize your mental health during this challenging time. Consider seeking support from a therapist or counselor who can help you cope with depression and anxiety related to financial stress.
Explore Legal Options: If you're concerned about potential legal action, consider consulting with a legal professional to understand your rights and options.
Take Small Steps: Remember that addressing financial challenges takes time, and it's okay to take small steps towards improvement. Celebrate each milestone along the way, no matter how small.
Stay Positive: While it may seem overwhelming now, remember that there are solutions available, and you're not alone. Stay positive and focus on taking proactive steps towards improving your financial situation.
Remember, seeking help is a sign of strength, not weakness. By taking proactive steps and reaching out for support, you can overcome these challenges and regain financial stability.

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 06, 2024Hindi
Listen
Money
Hi Sir, I am 36 years old & I am getting 1.15lacs in hand per month. I have 7.6 lacs in epf, 7.2Lacs in Sukanya, 2.9 Lacs in NPS, 2.3 Lacs in PPF, 6 Lacs in MF, 1 Lac in stocks, approx 2 Lacs in Lic. On an average I am spending (approx): 3.3k : LIC 1.5k : health insurance 8.5k : Sukanya 8.5k : PPF 8.5k : NPS 16k : MF Total Approx 46k per month. I am planning retirement @55 ( 20 years from now), please suggest if I am on right track or i should increase the investment (if yes, then please suggest which one). I may need 50k to 70k per month post retirement. Please suggest.
Ans: It's great to see that you're proactively planning for your retirement at the age of 55. Let's assess your current financial situation and see if any adjustments are needed:

• Kudos on building a diversified portfolio across various investment avenues. Your allocations in EPF, Sukanya, NPS, PPF, MFs, stocks, and LIC reflect a disciplined approach towards wealth creation.

• With a monthly surplus of approximately 69.7k (1.15L - 46k), you're already saving a substantial portion of your income towards investments and insurance premiums.

• To ensure you're on track to meet your retirement goal of needing 50k to 70k per month post-retirement, consider the following:

Evaluate your current investment allocations and assess if they align with your retirement objectives and risk tolerance.
Since your retirement is still 20 years away, you have the advantage of time to potentially increase your investment contributions.
Given your surplus income, you may consider increasing your allocations to mutual funds or other growth-oriented assets to boost your retirement corpus.
Review your asset allocation strategy to ensure a balanced mix of equity, debt, and other asset classes, considering your risk profile and investment horizon.
• It's crucial to periodically review your financial plan and make adjustments as needed to stay on track towards your retirement goals.

• Lastly, consider consulting with a Certified Financial Planner to create a personalized retirement plan tailored to your specific needs and objectives. They can provide valuable insights and recommendations based on your financial situation and goals.

With careful planning and disciplined execution, you can work towards achieving a comfortable retirement lifestyle. Keep up the excellent work, and best wishes for a secure financial future!

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
Hello, I am 42, working as an HR professional with a MNC Life Insurance company. Wife is into consulting. Our household income is around 2.2 Lacs and we have a corpus of 1.7 Cr. Stocks - 11L (All Bluechip) MF - 25L (Large, Mid, Small & Flexi caps) NPS - 5.5L PF/PPF - 55L FD - 78L We are also monthly investing as mentioned below: MF SIPs - 1Lacs PF/PPF - 52k Employer NPS - 7k Liabilities: Home Loan - 25k Monthly EMI Tenure Left - 5 years I would require 2Cr after 7 years as my 11 years daughter wants to do a professional course from a top international university. Would require 1 Cr after 15 years for her wedding. Most important, I would like to shift my career wherein our household income would be reduced to 1-1.5 Lacs per month. The same would be the monthly household expenses. I would like to generate 2.5 lacs monthly income after 18 years from now. Thanks & Regards Mitansh Sanawar
Ans: Hello Mitansh,

It's commendable to see your proactive approach towards planning for your family's future. Let's break down your financial goals and chart a roadmap to achieve them:

• Firstly, kudos on building a substantial corpus and maintaining a disciplined approach towards investments. Your diversified portfolio reflects prudent financial planning.

• Your short-term goal of accumulating 2 crores in 7 years for your daughter's education is achievable with your current investment capacity. Given your investment horizon, consider allocating a portion of your portfolio towards growth-oriented assets with higher potential returns.

• For your daughter's wedding expenses of 1 crore in 15 years, continue your systematic investment approach through SIPs and other avenues. With disciplined investing, you can accumulate the required corpus by the targeted timeframe.

• Transitioning to a career with a reduced household income is a significant decision. It's essential to reassess your financial plan and ensure it aligns with your future income expectations. Consider revising your monthly investments and expenses accordingly to maintain financial stability.

• Your long-term goal of generating 2.5 lakhs in monthly income after 18 years requires careful planning and strategic investment allocation. Explore avenues such as dividend-paying stocks, rental income from real estate (if suitable), and other passive income streams to supplement your retirement income.

• Additionally, review your existing investment portfolio periodically to rebalance and optimize returns. Consider consulting with a Certified Financial Planner to fine-tune your financial plan and address any potential gaps.

With a clear roadmap and disciplined execution, you can achieve your financial aspirations and provide for your family's future needs. Stay focused on your goals, and best wishes for a prosperous financial journey ahead!

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
Sir I am 44and have got 3lakhs in hand how could I make this as 30 lakhs in 5yrs
Ans: Your goal of turning 3 lakhs into 30 lakhs in 5 years is ambitious, but with careful planning and disciplined investing, it's definitely achievable. Let's explore some strategies:

• Firstly, kudos on having a clear financial goal in mind. Setting specific targets is the first step towards success.
• Given your time horizon of 5 years, consider investment avenues that offer higher growth potential but also entail higher risk.
• Equity investments, such as mutual funds or stocks, could be a suitable option for you. These assets have the potential to generate significant returns over the long term.
• However, it's essential to approach equity investments with caution and conduct thorough research or seek professional advice to mitigate risks.
• Diversification is key. Instead of putting all your eggs in one basket, consider spreading your investment across different asset classes and sectors.
• Keep in mind that higher potential returns often come with higher volatility. Be prepared to ride out market fluctuations and stay invested for the long term.
• Regularly monitor your investments and make adjustments as needed based on changing market conditions or your financial goals.
• Remember, patience and discipline are crucial virtues in wealth creation. Stick to your investment plan and avoid making impulsive decisions based on short-term market movements.
• Lastly, consider consulting with a Certified Financial Planner to create a personalized investment strategy tailored to your specific needs and objectives.

With careful planning, disciplined investing, and a long-term perspective, you can work towards turning your 3 lakhs into 30 lakhs over the next 5 years. Stay focused on your goal, and best of luck on your financial journey!

...Read more

Ramalingam

Ramalingam Kalirajan  |1402 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Listen
Money
Hi Sir, I am 51 years old & start investment in sip of 30k pm since feb 2024 in mid & small cap funds.would like to create corpus of 5 cr for my retirement at the age of 60. How much should save in MF
Ans: It's wonderful to hear about your proactive approach towards securing your retirement. Let's dive into crafting a plan:

• First off, kudos on initiating your SIP journey at the age of 51. That's a commendable step towards securing your future.
• Creating a corpus of 5 crores in just 9 years may seem like a daunting task, but it's definitely achievable with strategic planning.
• To estimate the monthly SIP amount required, we'll need to consider factors like expected rate of return, inflation, and investment horizon.
• Given your relatively short investment horizon, it's essential to maintain a disciplined approach and prioritize aggressive wealth-building strategies.
• Start by determining the expected rate of return on your investments. Since you're investing in mid and small-cap funds, anticipate higher growth potential but also higher volatility.
• With an aggressive investment strategy, you may aim for an annual return of around 12-15%. This could help accelerate your wealth accumulation over the next decade.
• Considering the above factors, we can then calculate the monthly SIP amount required to reach your 5 crore target.
• Remember, consistency is key. Stay committed to your SIPs even during market fluctuations. It's the long-term perspective that pays off.
• Alongside SIPs, explore other avenues for wealth creation, such as diversifying your investment portfolio and exploring tax-saving options.
• Don't forget to periodically review your investment strategy and make adjustments as needed to stay on track towards your retirement goal.
• Lastly, keep a positive mindset and stay motivated on your financial journey. With determination and prudent planning, you're well on your way to achieving your retirement dreams!

Keep up the fantastic work, and here's to a prosperous retirement ahead!

...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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x