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Kanchan

Kanchan Rai  |645 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jun 20, 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
Lokesh Question by Lokesh on Jun 20, 2024Hindi
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Relationship

Thanks a lot mam for your detailed reply. Even I felt the same and advised him to move on and find someone more trustworthy. But my friend is concerned about his kids especially his daughter's future considering the societal norms and taboos. He says if they get divorced his daughter might have to face difficulty while finding an alliance in future. He is also skeptical about whether the new partner will take care of his children like her own as most of the women don't treat their step children with love and care. He s also worried about the entire divorce process as his wife is not agreeing for a mutual divorce and he says even if he applies for a contested divorce it will prolong for years and during this period he s worried about his children's growth and education which will be affected badly.... Considering all these and also his in laws request for forgiving their daughter and giving her a new life , my friend is thinking about giving his wife one last chance . However he s telling that he will not accept her as his wife but will take her only as his kids mother .. He says he will sacrifice his personal happiness and keep her with him only for his kids sake but will never trust her in future. My concern is whether this relationship will stay for long this way....And what is the probability that his wife will not cheat him again because of my friend's indifferent attitude towards her since she has cheated on him twice when he was living her so much... And whether trust can be rebuilt between them after some if she remains loyal to him from now...Kindly provide me insights on above concerns to help my friend...Also suggest me a good professional counsellor to take him for counselling.

Ans: I understand how challenging and painful this situation is for your friend. His concerns about his children's future, societal norms, and the impact of a potential new partner are all very real and valid.

He's worried about how a divorce might affect his daughter’s future, especially considering societal attitudes. While it's true that divorce can carry a stigma in some cultures, it's important to remember that society's views are slowly changing. More people now understand that the quality of the home environment is far more important than whether parents stay together despite significant issues. Children raised in a loving, stable home, even if it’s a single-parent one, often fare better than those who grow up amidst conflict and distrust.

Your friend is also understandably concerned about how a new partner might treat his children. Blended families can face challenges, and not every step-parent bonds well with their partner's children. However, there are many instances where step-parents build loving, supportive relationships. Taking the time to find someone who genuinely respects and cares for his kids is crucial.

Considering his wife’s threats and the prolonged nature of a contested divorce, he’s caught between maintaining a stable environment for his children and protecting his own emotional health. Divorce is tough and can be particularly challenging for children, but living in a household where there's no trust and emotional connection can be just as damaging, if not more so.

If he decides to give his wife another chance for the sake of the children, it's essential to set clear boundaries and perhaps seek professional help. But, given that she has broken his trust twice, it's natural for him to be skeptical about whether she can truly change. Living together merely as co-parents without rebuilding trust may create a cold, unloving environment that children will sense and be affected by.

Rebuilding trust after such betrayals is incredibly difficult and requires a lot of effort and transparency. If he chooses this path, it should involve both of them working towards healing, possibly with the guidance of a therapist. However, it’s also critical for him to consider his own mental health and whether staying in a trustless marriage is sustainable or healthy for him and his children.

Encouraging him to seek professional counseling can provide him with support and clarity. A qualified therapist can help him navigate these complex emotions and make the best decision for his family's future. Services like BetterHelp or local therapists listed on platforms like Psychology Today can be great resources to find professional support.

Your friend is in a very tough spot, trying to balance his children's well-being with his own emotional needs. It's a difficult journey, but with your support and the right guidance, he can find a path that prioritizes his and his children’s well-being.

You may like to see similar questions and answers below

Anu

Anu Krishna  |1746 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 23, 2024

Asked by Anonymous - Apr 16, 2024Hindi
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Relationship
Hello Anu Mam, I have a very close friend who s been married for 10 years and with 2 kids one 8 yr old daughter and a one year old son. His wife whom he loved and trusted so much has cheated on him with one of her friend for almost 3 years which he came to know about recently. He could not digest that ..He thought of divorcing her but thinking about his children's future he changed his mind and told her to end all communication with her affair partner .She too agreed . My friend didn't tell about this to anyone except me including her parents whom he respects a lot and hence didn't want to hurt them ...But after 3 months he came to know that his wife is still in contact with her friend using another phone without his knowledge and her affair also has not stopped . This time he said he couldn't tolerate and told this to her parents and told them that he would be filing for divorce. Her parents are begging him not to do so and telling him to give one last chance as they would mend her this time . He told them that even after giving her a chance to mend herself she has cheated him and broken his trust . He says he cannot live with her without trust . So he has decided to move on but his wife and her mother are telling they will have no other choice but to commit suicide if he doesn't forgive his wife. My friend says he is also worried about his children's future without their mother ...At the same time he says he cannot imagine living with his wife again as before after being cheated on twice...He is asking me to advise. I am totally confused . Kindly advice the pros and cons of 1)forgiving her once again and living in a trustless marriage 2)moving on and finding someone more trustworthy . 3) If he decides to marry another person how will this impact his children . Kindly help me to advise my friend suitably ..
Ans: Dear Anonymous,
1) Forgiving is never easy BUT if that's an option, then your friend and his wife will have to put it a lot of work in rebuilding the trust that is lost...which means a lot of putting things in the past and starting fresh, Will your friend be able to do this? This also will mean NOT bringing up what hurt the marriage and to focus on what can rebuild the marriage. Possible?
2) For a new relationship to blossom, one must first find closure from the previous one. Can your friend be able to do this?
3) The new person and the children will need a lot of time bonding with another. Also, your friend's ex-wife (if they divorce) will have her set of insecurities and objections if the new person and the children get closer. Will your friend be willing to take on these challenges?
It's wonderful that your friend has a great sense of support from you; so you can act as his sounding board to bring him back to reality and lead him to practical ways of dealing with it.

All the best!

..Read more

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Anu Krishna  |1746 Answers  |Ask -

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Ramalingam Kalirajan  |10874 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 08, 2025

Asked by Anonymous - Dec 08, 2025Hindi
Money
Hi i am 40M. would request your help to understand what should be the corpus required for retirement as i want to get retired in next 3-5yrs. currently my take home is 2.3L monthly & my wife also works but leaving the job in next 2-3 months. we have a daughter 10yrs, currently i stay on rent and total monthly expense is 1.1L month. once i will retire we will shift in our own parental flat, where hopefully there will be no rent. current Investments 1. 50L in REC bonds getting matured in 2029 2. 42L in stocks 3. 17L in MF 4. 16L FD 5. 15L in PPF 6. 1.3L SIP monthly i do My Wife Investments 1. 30L corpus 2. flat with current value 40L and we get rental of 10K monthly. Please guide what should be the retirement corpus required combined to retire, assuming i need 75L for my daughter post grad and marriage and we would be requiring 75K monthly for our expenses after retiring
Ans: You have explained your income, goals, current assets, and future plans with great clarity. Your early planning spirit is strong. This gives a very good base. You can reach a peaceful retirement with smart steps in the next few years.

» Your Current Position

You are 40 years old. You plan to retire in 3 to 5 years. You earn Rs 2.3 lakh per month. Your wife also works but will stop working soon. You have one daughter aged 10. Your current monthly cost is around Rs 1.1 lakh. This cost will reduce after retirement because you will shift to your parental flat.

Your investment base is already good. You have saved in bonds, stocks, mutual funds, PPF, FD, and SIP. Your wife also has her own savings and rental income from a flat. All these create a good starting point.

This early base helps you plan stronger. It also gives room for more shaping. You are on the right road.

» Your Family Goals

You need Rs 75 lakh for your daughter’s higher education and marriage.

You want Rs 75,000 per month for family living after retirement.

You want to retire in 3 to 5 years.

You will shift to your parental flat after retirement.

You will have rental income of Rs 10,000 from your wife’s flat.

These goals are clear. They give direction. They allow a strong plan.

» Your Present Investments

Your investments include:

Rs 50 lakh in REC bonds maturing in 2029.

Rs 42 lakh in stocks.

Rs 17 lakh in mutual funds.

Rs 16 lakh in fixed deposits.

Rs 15 lakh in PPF.

Rs 1.3 lakh as monthly SIP.

Your wife holds:

Rs 30 lakh corpus.

A flat worth Rs 40 lakh with rent of Rs 10,000 each month.

Your combined net worth is healthy. This gives good power to build your retirement fund in the coming years.

» Understanding Your Expense Need After Retirement

You expect Rs 75,000 per month after retirement. This includes all basic needs. You will not have rent. That reduces cost. This assumption looks fair today.

Your cost will rise with inflation. So you must plan for rising needs. A strong retirement corpus must support rising cost for 40 to 45 years because you are retiring early.

An early retirement needs a large buffer. So you need safety along with growth. Your plan must include growth assets and safety assets.

» How Much Monthly Income You Will Need Later

Rs 75,000 per month is Rs 9 lakh per year. In future years, this cost can rise. If we assume steady rise, your future cost will be much higher.

So the retirement corpus must be designed to:

Give monthly income.

Beat inflation.

Support you for 40 to 45 years.

Protect your family even in market down cycles.

Allow flexibility if your needs change.

A strong retirement fund must support both safety and long-term growth.

» How Much Corpus You Should Target

A safe target is a large and flexible corpus that can support long years without running out of money. For early retirement, the usual thumb rule suggests a very high number. This is because you need income for many decades.

You need a corpus big enough to produce rising income. You also need a cushion for unexpected health costs, lifestyle shocks, and inflation changes.

Your target retirement corpus should be in a strong range. For your needs of Rs 75,000 per month and for goals like daughter’s education and marriage, you should aim for a combined retirement readiness corpus in the higher bracket.

A safe range for your family would be a very large number crossing multiple crores. This large range gives you:

Income safety.

Inflation protection.

Peace during market cycles.

Comfort in long life.

Room for daughter’s future.

Strong backup for health.

You are already on the way due to your existing assets. You will reach close to this range with systematic building over the next 3 to 5 years.

» Why You Need This Larger Corpus

You will retire early. That means more years of living from your corpus. Your corpus must not fall early. It must grow even after retirement. It must give monthly income and long-term family protection.

This is only possible when the corpus is strong and well-structured. A weak corpus creates stress. A strong corpus creates freedom.

Also, your daughter’s future cost must be kept aside. This must be parked in a separate fund. This must not touch your retirement money.

A strong corpus makes these two worlds separate and safe.

» Your Existing Assets and Their Strength

You already have good diversification:

Bonds give safety.

Stocks give growth.

Mutual funds give managed growth.

FD gives stability.

PPF gives tax-free long-term savings.

This blend is already a good start. But you need to make the blend more structured for early retirement.

Your Rs 1.3 lakh monthly SIP is also strong. It builds your future fast. You should continue.

Your wife’s rental income is small but steady. This adds strength.

Your combined financial base can reach your retirement target if you refine your allocation now.

» Your Daughter’s Future Fund Need

You need Rs 75 lakh for your daughter’s education and marriage. You should keep this goal separate from your retirement goal.

Your current SIP and future allocations should create a dedicated fund for this goal. A long-term fund can grow well when managed actively.

Do not mix this fund with your retirement needs. Mixing leads to shortage in old age. Always keep this corpus ring-fenced.

» A Strong Asset Mix For Your Retirement Path

A balanced mix is needed. You need growth assets to beat inflation. You also need stable assets for income.

You must avoid index funds because they do not give flexibility. Index funds follow a fixed index. They cannot make active changes in different markets. They cannot move to better stocks when markets change. They force you to stay in weak sectors for long. They also do not help you in down cycles because they cannot protect you by shifting to safer options. This can hurt retirement planning.

Actively managed funds are better because:

They give active asset selection.

They give scope for better returns.

They give flexibility to change sectors.

They give downside management.

They give access to a skilled fund manager.

They support long-term planning more safely.

Direct plans also carry risk. Direct plans do not give guidance. They do not give behavioural support. They do not give market timing help. They do not give portfolio shaping. They leave all the judgement to you. One mistake can cost years of wealth.

Regular plans with guidance from a Certified Financial Planner help you shape decisions. They help you remain disciplined. They help you avoid panic. They help you decide allocation changes at the right time. This saves wealth in long-term.

» How Your Investment Journey Should Grow in the Next 3–5 Years

Continue your SIP.

Increase SIP when your income rises.

Shift part of your stock holding into planned long-term mutual funds to reduce concentration risk.

Build a defined daughter’s education fund.

Keep a part of your REC bond maturity amount for long-term.

Avoid locking too much into fixed deposits for long periods.

Build a safety fund for one year of expenses.

This will create a full structure.

» Your Rental Income Role

Your rental income of Rs 10,000 per month is small but steady. Over time it will rise. This income will support your monthly cash flow after retirement.

You can use this for utilities or health insurance premiums. This gives a cushion.

» Your Emergency Buffer

You should keep at least one year of essential cost in a safe place. This can be in a liquid account or short-term fund. This protects you in shocks.

Since you plan early retirement, a strong buffer is important. It gives peace even in low months.

» A Structured Retirement Approach

A complete retirement plan for you should include:

A clear monthly income plan after retirement.

A corpus that can grow and protect.

A rising income system that matches inflation.

A separate daughter’s future fund.

A health cover plan for your family.

A tax-efficient withdrawal plan.

A market cycle plan to protect you in tough times.

This holistic approach keeps your family strong for decades.

» What You Should Build by Retirement Year

Your aim should be to reach a strong multi-crore range in investments before retirement. You already hold a large amount. You will add more in the next 3 to 5 years through SIP, stock growth, bond maturity, and disciplined saving.

Once you reach your target range, you can start the shifting process:

Move a part to stable assets.

Keep a part in long-term growth assets.

Create a monthly income strategy.

Keep a reserve bucket.

Keep a child future bucket.

Keep a long-term growth bucket.

This structure protects you in all market conditions.

» Final Insights

Your financial journey is already strong. You have a good income. You have saved well. You have multiple asset types. You have a clear timeline. And you have clear goals. This foundation is solid.

In the next 3 to 5 years, your focus should be on growing your combined corpus to a strong multi-crore range, keeping a separate fund for your daughter, reducing risk in unplanned assets, and building a stable long-term structure.

With the present path and a disciplined structure, you can retire peacefully and support your family with confidence for many decades.

Best Regards,

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

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

...Read more

Samraat

Samraat Jadhav  |2499 Answers  |Ask -

Stock Market Expert - Answered on Dec 08, 2025

Ramalingam

Ramalingam Kalirajan  |10874 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 08, 2025

Money
Hello my name is saket, I monthly salary is 43k and my saving is zero. My Rent is 15 k and 10 k i send to my parents. How can i save money and investments.
Ans: 1. Your Current Monthly Numbers

Salary: Rs 43,000

Rent: Rs 15,000

Support to parents: Rs 10,000

Left with: Rs 18,000 for food, travel, bills, and savings

You have very little room, but saving is still possible if done smartly.

2. First Step: Build a Small Emergency Buffer

You must build Rs 10,000 to Rs 20,000 emergency money.
This protects you from taking loans for small issues.

How to build it:

Save Rs 3,000 to Rs 5,000 every month in a simple bank savings account

Do this for the next few months

Don’t touch it unless truly needed

3. Create a Mini Budget (Very Simple One)

Try this split from the remaining Rs 18,000:

Daily living (food + transport): Rs 10,000 – 11,000

Personal expenses (phone, internet, basics): Rs 3,000 – 4,000

Savings + investments: Rs 3,000 – 5,000

If this feels difficult, reduce food/transport costs by small adjustments.

4. Where to Invest Once You Have Emergency Money

(For minors: This is general education. For actual investing, get guidance from a trusted adult or family member.)

After you build emergency money, start small monthly investing.

You can begin with:

Rs 1,000 to Rs 2,000 SIP in a simple, diversified equity fund

Increase the SIP whenever salary increases or expenses reduce

Avoid complicated products.
Keep it simple.
Focus on consistency.

5. Easy Practical Ways to Increase Saving

These small moves help a lot:

Avoid food delivery

Use public transport as much as possible

Reduce subscriptions you don’t use

Fix a daily expense limit

Keep a separate bank account only for savings

Even Rs 200 saved daily = Rs 6,000 monthly.

6. Increase Income Slowly

Try small income boosters:

Weekend tutoring

Freelancing

Part-time projects

Selling old gadgets

Learning new skills for future salary growth

Even Rs 3,000 extra income changes your savings life.

7. Build the Habit First

The amount doesn’t matter in the beginning.
The habit matters more.

Even saving Rs 500 every month is better than zero.
Once salary grows, you will already know how to save.

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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