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Dr Ashish

Dr Ashish Sehgal  |120 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 20, 2024

Ashish Sehgal has over 20 years of experience as a counsellor. He holds a doctorate in neuro linguistic programming, mental health and social welfare.He is certified in neurolinguistics by both the Society of NLP and the American Board of NLP.... more
Asked by Anonymous - Feb 14, 2024Hindi
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Relationship

Hi Shalini,I am 42 year old male and have been separated from marital relationship and i don't have children,since 13 years and living alone where my father and mother had passed away few years ago.I was searching for brides profile from matrimony websites and found a widowed woman who is selfemployed. I called and talked her. she is equivalent of my age.She has one son aged of 24.I was willing to marry her but she does not want to marry anybody rather she expressed her interest and consent to live in a cohabitation(Living together relationship).(She said that her son is a grown up boy and preparing for competitive exams and she loves him a lot,She added that it is not possible to convince him for marrying another person.I accepted it and said ok. Later on we had date and moved on.Whenever she come for a date she asks me to spend and buy apparels,asking me to recharge mobile,asking me to buy provisions ,watches and to pay water taxes of her house.I did it without hesitation and she asks me for gold ring and ear-studs.She is not having contentment and i feel that she is greedy and she does not shows any form of courtesy towards me and further she did not spend even a single rupee for me .I am worried that she is exploiting me.I was wondered and shocked that during a little discussion with her she said that she could move away from me at any point of time if she finds any other person whom she likes her.I was dejected.I said that i am not your Money wallet to swindle me.I am not ready to spend money to a girl who informs me that she will be leaving from me.I scolded her. Even when have planned to marry at that time the woman asks me that whether i am a dominating person and asking about the details of my earlier marriage and testing about my genuinity. Now the relationship has broken between us and i am very much worried that whether i have taken a correct decision or not from stepping away from her because whenever i like to see her she ask me to make surprises for her.In turn no love and affection is being received from her. Kindly advice me that whether i have taken correct decision from quitting her relationship or i have hurried a lot by taken a wrong decision. Please advice and guide me and do the needful in this regard.

Ans: It's understandable that you're feeling confused and conflicted about your recent relationship. Based on what you've described, several points emerge:

Red flags in the relationship:

Financial demands: Her consistent requests for money and expensive gifts, without reciprocation, raise concerns about potential financial exploitation.
Lack of emotional connection: You mentioned not receiving love and affection, raising questions about her genuine interest in building a meaningful relationship.
Conditional presence: Her statement about leaving for someone else suggests instability and lack of commitment.
Focus on your past: Excessive questioning about your previous marriage could indicate insecurity or distrust.
Your decision to step away:

Given these red flags, your decision to end the relationship seems reasonable. Prioritizing your emotional and financial well-being is crucial.

Moving forward:

Focus on self-care: Allow yourself time to process this experience and prioritize your emotional well-being. Explore activities that bring you joy and fulfillment.
Consider therapy: Talking to a therapist or counselor can help you gain clarity, understand your needs, and develop healthy relationship patterns.
Refine your approach: Reflect on what you seek in a relationship and adjust your boundaries and expectations when seeking future partners. Don't hesitate to say no to financial requests or behaviors that make you uncomfortable.
Be patient: Finding a genuine connection takes time and effort. Focus on personal growth and building healthy relationships before actively seeking a new partner.
Remember, prioritizing your self-worth and respecting your boundaries is essential for building healthy and fulfilling relationships. Don't feel pressured to rush into anything that doesn't feel right. Focus on building a life that brings you happiness and fulfillment, and the right connections will follow.

You may like to see similar questions and answers below

Anu

Anu Krishna  |1449 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 20, 2024

Asked by Anonymous - Feb 14, 2024Hindi
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Relationship
Hi Anu,I am 42 year old male and have been separated from marital relationship and i don't have children,since 13 years and living alone where my father and mother had passed away few years ago.I was searching for brides profile from matrimony websites and found a widowed woman who is selfemployed. I called and talked her. she is equivalent of my age.She has one son aged of 24.I was willing to marry her but she does not want to marry anybody rather she expressed her interest and consent to live in a cohabitation(Living together relationship).(She said that her son is a grown up boy and preparing for competitive exams and she loves him a lot,She added that it is not possible to convince him for marrying another person.I accepted it and said ok. Later on we had date and moved on.Whenever she come for a date she asks me to spend and buy apparels,asking me to recharge mobile,asking me to buy provisions ,watches and to pay water taxes of her house.I did it without hesitation and she asks me for gold ring and ear-studs.She is not having contentment and i feel that she is greedy and she does not shows any form of courtesy towards me and further she did not spend even a single rupee for me .I am worried that she is exploiting me.I was wondered and shocked that during a little discussion with her she said that she could move away from me at any point of time if she finds any other person whom she likes her.I was dejected.I said that i am not your Money wallet to swindle me.I am not ready to spend money to a girl who informs me that she will be leaving from me.I scolded her. Even when have planned to marry at that time the woman asks me that whether i am a dominating person and asking about the details of my earlier marriage and testing about my genuinity. Now the relationship has broken between us and i am very much worried that whether i have taken a correct decision or not from stepping away from her because whenever i like to see her she ask me to make surprises for her.In turn no love and affection is being received from her. Kindly advice me that whether i have taken correct decision from quitting her relationship or i have hurried a lot by taken a wrong decision. Please advice and guide me and do the needful in this regard.
Ans: Dear Anonymous,
You have done yourself a huge favor by leaving her and the connection with her. When you started to have doubts about her being greedy was the time that you knew that she was just taking advantage of your kindness.
She was clearly never serious about this association from the beginning and spending your money and demanding more is a clear RED FLAG that she was never interested in anything long-term and that it was a convenient as long as you met her needs through money.
What more proof do you want? Are you now still worried about the fact whether you taken the right decision or not?
Kindly invest time and energy in people who nourish you and let you grow in all areas of your life. Be wise...

All the best!

..Read more

Anu

Anu Krishna  |1449 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 22, 2024

Asked by Anonymous - Feb 19, 2024Hindi
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Relationship
Hi Anu,I am 42 year old male and have been separated from marital relationship and i don't have children,since 13 years and living alone where my father and mother had passed away few years ago.I was searching for brides profile from matrimony websites and found a widowed woman who is selfemployed. I called and talked her. she is equivalent of my age.She has one son aged of 24.I was willing to marry her but she does not want to marry anybody rather she expressed her interest and consent to live in a cohabitation(Living together relationship).(She said that her son is a grown up boy and preparing for competitive exams and she loves him a lot,She added that it is not possible to convince him for marrying another person.I accepted it and said ok. Later on we had date and moved on.Whenever she come for a date she asks me to spend and buy apparels,asking me to recharge mobile,asking me to buy provisions ,watches and to pay water taxes of her house.I did it without hesitation and she asks me for gold ring and ear-studs.She is not having contentment and i feel that she is greedy and she does not shows any form of courtesy towards me and further she did not spend even a single rupee for me .I am worried that she is exploiting me.I was wondered and shocked that during a little discussion with her she said that she could move away from me at any point of time if she finds any other person whom she likes her.I was dejected.I said that i am not your Money wallet to swindle me.I am not ready to spend money to a girl who informs me that she will be leaving from me.I scolded her. Even when have planned to marry at that time the woman asks me that whether i am a dominating person and asking about the details of my earlier marriage and testing about my genuinity. Now the relationship has broken between us and i am very much worried that whether i have taken a correct decision or not from stepping away from her because whenever i like to see her she ask me to make surprises for her.In turn no love and affection is being received from her. Kindly advice me that whether i have taken correct decision from quitting her relationship or i have hurried a lot by taken a wrong decision. Please advice and guide me and do the needful in this regard.
Ans: Dear Anonymous,
Please find your answer here:
https://gurus.rediff.com/question/qdtl/relationship/anu-42-male-separated-marital-relationship-don-children-13-living/5149283

All the best!

..Read more

Kanchan

Kanchan Rai  |499 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 20, 2024

Asked by Anonymous - Feb 19, 2024Hindi
Listen
Relationship
Hi Kanchan,I am 42 year old male and have been separated from marital relationship and i don't have children,since 13 years and living alone where my father and mother had passed away few years ago.I was searching for brides profile from matrimony websites and found a widowed woman who is selfemployed. I called and talked her. she is equivalent of my age.She has one son aged of 24.I was willing to marry her but she does not want to marry anybody rather she expressed her interest and consent to live in a cohabitation(Living together relationship).(She said that her son is a grown up boy and preparing for competitive exams and she loves him a lot,She added that it is not possible to convince him for marrying another person.I accepted it and said ok. Later on we had date and moved on.Whenever she come for a date she asks me to spend and buy apparels,asking me to recharge mobile,asking me to buy provisions ,watches and to pay water taxes of her house.I did it without hesitation and she asks me for gold ring and ear-studs.She is not having contentment and i feel that she is greedy and she does not shows any form of courtesy towards me and further she did not spend even a single rupee for me .I am worried that she is exploiting me.I was wondered and shocked that during a little discussion with her she said that she could move away from me at any point of time if she finds any other person whom she likes her.I was dejected.I said that i am not your Money wallet to swindle me.I am not ready to spend money to a girl who informs me that she will be leaving from me.I scolded her. Even when have planned to marry at that time the woman asks me that whether i am a dominating person and asking about the details of my earlier marriage and testing about my genuinity. Now the relationship has broken between us and i am very much worried that whether i have taken a correct decision or not from stepping away from her because whenever i like to see her she ask me to make surprises for her.In turn no love and affection is being received from her. Kindly advice me that whether i have taken correct decision from quitting her relationship or i have hurried a lot by taken a wrong decision. Please advice and guide me and do the needful in this regard.
Ans: It sounds like you've been through a lot and have put a lot of thought into your relationship with this woman. From what you've described, it seems like her behavior, particularly asking for financial support without reciprocating affection or showing respect, was not healthy or sustainable for a fulfilling relationship.

You deserve to be in a relationship where you feel valued and respected. It's understandable that you would feel hurt and confused by her actions, especially her indication that she could leave if she finds someone else. Trust and mutual respect are important foundations for any relationship, and it's important to prioritize your own well-being and happiness.

It seems like you made a thoughtful decision to end the relationship, and it's okay to take time to reflect on that decision. Trust your instincts and prioritize your own needs and feelings. If you're unsure, you could consider seeking advice from a counselor or therapist who can provide support and guidance as you navigate this situation.

..Read more

Latest Questions
Nitin

Nitin Narkhede  |56 Answers  |Ask -

MF, PF Expert - Answered on Jan 21, 2025

Asked by Anonymous - Dec 01, 2024Hindi
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Money
We two brothers have inherited a property on 200 sq yard by registered will of our father in 2020. The property was purchased by our father in 1970 and redeveloped in 1990 into three story building. Ground floor is with my brother and first floor. Third floor without roof rights was sold by our father at the time of redevelopment . Me and my brother have terrace rights as per registered will of our father ( each has 50% roof/ terrace rights). My brother is US citizen and want to sell his share for four crores. The expected rental income from the ground floor will be Rupees 60 thousand per month. The circle rate of the property is Rupees 7 lakh per yard. My interest in the ground floor of the property is mainly to live peacefully without any interference by unknown new buyer. I am 65 and my question is from financial point should I purchase from my brother by paying Rs. 4 crore or keep the amount in bank as fixed deposit/ RBI bonds at around 8 percent per year. Second question is if he sell it to other buyer how he will sell terrace as the terrace is undivided and we both have inherited it by registered will. Thirdly there are many builders who want to redevelop the property into four floor with basement and stilt parking. What will be the right option . I have only son .
Ans: Dear Friend,
If you’re considering whether to purchase your brother’s share of the inherited property for ?4 crore, weigh peace of mind against financial returns. Buying his share gives you full control, eliminates potential disputes with a third-party buyer, and ensures no interference in your peaceful living. However, the rental yield of ?60,000/month (~1.8% annual return) is significantly lower than the ~8% return you could get by investing ?4 crore in fixed deposits or bonds, which would generate ~?2.67 lakh/month.

Regarding the terrace, your brother cannot sell his 50% share independently since it is undivided and jointly inherited. Any sale requires your consent, limiting his ability to transfer full terrace rights to a new buyer.

Redevelopment of the property is an excellent option, offering increased value and rental income. Builders are likely to provide additional floors or cash components in exchange for development rights, enhancing long-term financial benefits and ensuring modern amenities.

If your priorities are peace of mind and control over the property, purchase your brother’s share. Otherwise, invest in safer financial instruments and consider redevelopment to maximise the property’s potential. Consult a lawyer and financial advisor to ensure the best decision. Your Financial adviser can deeply evaluate all your assets and liabilities and provide a solution which will give you more leverage.
Regards, Nitin Narkhede -Founder Prosperity Lifestyle Hub,
Free webinar https://bit.ly/PLH-Webinar

...Read more

Nitin

Nitin Narkhede  |56 Answers  |Ask -

MF, PF Expert - Answered on Jan 21, 2025

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Money
Myself and my sister as joint owner of a property enteredvinto joint development agreementvwith a builder for construction of 8 flats in 4800 sq. Ft land. 2400 sq. Ft was retained for us with 4 flats constructed by builder to be given free of cost and 2400 sq. Ft UDS sold to builder thro PGPA for him to sell 4 flats. After selling 3 flats with 1800 sq. ft UDS by builder, we cancelled GPA and registered with SRO for retaing 600 Sq. ft UDS for our use with the consent agreeing to pay compensation for this cancel of GPA. Now I want clarification as to the ownership of the above said cancelled UDS of 600 Sq. ft as Joint owner or myself as per Joint developement agreement with a rider that myself will take possessionof 600 UDS by cancelling GPA later with builder and paying compensation st the mutually ahreed price. Builder says that myself is the owner for the cancelled 600 Sq. ft retained. I want to know whether I hv to register settlement deed for partingvwith 600 Sq. ft UDS by my sister or the statement of builder as myself will be the owner for 600 UDS regisyeted by cancelling GPA signed by the builder and both of us. Pl. Clarify.
Ans: Dear G,
The ownership of the 600 sq. ft. UDS (Undivided Share of Land) depends on the terms of the Joint Development Agreement (JDA) and the GPA cancellation deed. As per the JDA, the builder agreed to transfer the 600 sq. ft. UDS to you after GPA cancellation in return for compensation. If the GPA cancellation deed and subsequent agreements clearly state that this UDS belongs solely to you and these are registered with the Sub-Registrar’s Office (SRO), you are the legal owner. However, if your sister’s name still appears as a co-owner in the original title deed, you will need her to execute a **Settlement Deed** or **Gift Deed** in your favor, which must be registered to confirm your sole ownership and avoid disputes. The builder’s statement that you are the owner is valid only if it aligns with the registered documents. To confirm ownership, verify the SRO records to ensure the transfer has been legally recorded. If any gaps exist, consult a property lawyer to review the JDA, GPA cancellation deed, and builder’s agreement to ensure proper registration of ownership and resolve any ambiguity. This will safeguard your rights and provide clarity regarding the 600 sq. ft. UDS.
Regards, Nitin Narkhede -Founder Prosperity Lifestyle Hub,
Free webinar https://bit.ly/PLH-Webinar

...Read more

Nitin

Nitin Narkhede  |56 Answers  |Ask -

MF, PF Expert - Answered on Jan 21, 2025

Asked by Anonymous - Jan 14, 2025Hindi
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Money
Hi sir/mam, I'm 32 years old working in a private firm as Manager. I own 9 lacs in FDs, accumulated 17 lacs in Mutual funds through SIP of around 23k pm (currently XIRR at 15-16% in with 75% in equity). I also have 2.5 lacs in PPF and 1.2 lacs in NPS. For tax savings I do yearly investments in PPF and NPS of about 1 lacs and rest I cover with ELSS (part of my SIPs). I want to retire at the age of 50, my current salary is 1.2 lac per month in hand, and receive few incentives of 1.5 lac a yr. I live in Mumbai with my wife and plan to buy a house of 60 lacs (out of which 20 L I'm borrowing from family, and rest of it will be loan with about 35k EMI). I also have a flat in NCR worth 80 L (purchased at 35 lacs), for which I have an EMI of 11k per month which is covered by rent I receive from there. I don't have kids yet, but I plan to have two of them. What should be my plan of investing that I can retire by max between 50 and 55 yrs of age with an upper middle class lifestyle in either Mumbai or NCR. How much should my corpus be? My current expenses are around 60k including rent in Mumbai, and my parents are independent. I have both health and life insurance of 1 cr+ cover.
Ans: Dear Friend,
To retire comfortably at 50-55 with an upper-middle-class lifestyle, you’ll need a retirement corpus of ?5 crore. Currently, your mutual funds, PPF, and NPS are projected to grow to ~?1.82 crore by 50. To bridge the gap of ?2.18 crore, increase your SIPs by ?30,000/month in equity funds, which can grow to ~?2.25 crore at 12% CAGR in 18 years. Prioritize repaying the ?20 lakh family loan after buying the Mumbai house, ensuring the ?35,000 EMI doesn’t hinder your additional investments. Post-retirement, rely on rental income from your NCR property and a 4% systematic withdrawal strategy from your corpus to cover inflation-adjusted expenses. Maintain ?5-6 lakhs in an emergency fund and continue tax-saving investments like ELSS, PPF, and NPS. Regularly review and rebalance your portfolio to stay aligned with your goals. With disciplined savings and investments, you’re on track for a secure retirement.
Regards, Nitin Narkhede
-Founder Prosperity Lifestyle Hub,
Free webinar https://bit.ly/PLH-Webinar

...Read more

Ramalingam

Ramalingam Kalirajan  |7593 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 21, 2025

Asked by Anonymous - Jan 20, 2025Hindi
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Money
Hello sir, I am 35yo with 2 (4yo, 1yo) children. Can I retire now, with following corpus: mutual fund and stocks : 3.5 crore, lands: 50 lakh, PF&PPF: 80 lakh, FD: 25 lakh, SGB &Gold:50 lakh. Currently doesn't own any house. Monthly expense is around 1 lakh.
Ans: Your corpus and monthly expenses show a solid foundation. Retirement at 35, however, requires careful assessment. Let’s analyse your situation step by step.

Current Financial Assets and Allocations

Mutual Funds and Stocks: Rs 3.5 crore

This is a significant part of your corpus. Equity investments offer high growth potential.

Lands: Rs 50 lakh

Real estate investments are illiquid. Consider them only for long-term growth or inheritance.

PF and PPF: Rs 80 lakh

These provide stability and assured returns. These are good for meeting long-term goals.

Fixed Deposit: Rs 25 lakh

FDs are low-risk and ensure liquidity. This is beneficial for emergencies.

SGB and Gold: Rs 50 lakh

Gold is a strong hedge against inflation. It also offers diversification.

Monthly Expense Analysis

Your monthly expense of Rs 1 lakh equates to Rs 12 lakh annually.

Accounting for inflation, this expense will grow over time. Planning for this is crucial.

Core Observations

Your total corpus is Rs 5.55 crore. This is substantial for your age.

Inflation and rising expenses over time will impact your corpus.

Without a house, rent becomes a recurring expense. Factor this into your calculations.

You have no guaranteed income sources post-retirement.

Key Areas of Improvement

Housing

Consider buying a house if feasible. Owning a house ensures stability and reduces rent.

Do not invest excessively in real estate as it is illiquid.

Corpus Utilisation

Avoid over-reliance on equity investments for withdrawals. Equity is volatile in the short term.

Use a mix of debt and equity for regular withdrawals.

Children’s Education and Marriage

Both are major financial goals. Plan dedicated investments for these.

Use long-term instruments for education and marriage funds.

Emergency Fund

Maintain an emergency fund of at least 12 months of expenses.

Keep it in liquid funds or high-yield savings accounts.

Recommended Financial Strategies

Asset Allocation

Diversify your portfolio across equity, debt, and gold.

Maintain 60% equity, 30% debt, and 10% gold as a starting point. Adjust as needed.

Mutual Fund Investments

Continue with actively managed funds. These can outperform index funds in emerging markets like India.

Avoid direct funds if you lack time or expertise. Regular funds offer advisor support and insights.

Debt Investments

Increase debt allocation for stability. Consider high-quality debt mutual funds.

Ensure these align with your withdrawal needs.

Tax Planning

Monitor tax implications of mutual fund withdrawals.

LTCG from equity funds above Rs 1.25 lakh is taxed at 12.5%.

Plan withdrawals to minimise tax liabilities.

Insurance Needs

Ensure adequate health insurance for your family. Cover at least Rs 25 lakh for each member.

Check if you have term insurance. Secure Rs 2-3 crore coverage for your family’s financial safety.

Inflation and Lifestyle Adjustments

Inflation can erode your purchasing power. Plan investments to counter inflation.

Avoid lifestyle inflation. Stick to essential expenses wherever possible.

Income Generation Options

Systematic Withdrawal Plans (SWP)

Use SWP from mutual funds for regular income.

Choose hybrid funds for better stability and returns.

Rental Income

Invest part of your corpus in commercial properties.

Ensure this aligns with your liquidity needs and risk profile.

Freelance or Part-Time Work

Consider light work for additional income. It can extend your corpus.

Use your skills to generate flexible income streams.

Monitoring and Review

Review your portfolio annually. Adjust allocations as goals evolve.

Work with a Certified Financial Planner for periodic checks.

Final Insights

Retirement at 35 is ambitious but achievable with meticulous planning. Your current corpus is strong, but consider the following:

Plan for inflation, children’s needs, and healthcare costs.

Diversify investments and secure guaranteed income sources.

Avoid premature decisions. Evaluate thoroughly before retiring.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...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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