Retirement planning: reduce retirement goal, rescue capital funds

Not many investors know if they have invested in the right funds and if their fund portfolio is on the right track. The Portfolio Doctor assesses the health of the fund’s portfolio, examines schemes and their suitability against objectives and, if necessary, recommends corrective measures. The advice offered is based on the performance of the funds, the investor’s risk profile and their financial objectives.

Ravinder Nath will retire in three years. This is what the doctor has advised.

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PORTFOLIO VERIFICATION

  • He has been investing in variable income funds for 10-12 years.
  • Follow an aggressive allocation. Almost 75% of the portfolio in stocks and variable income funds.
  • You need to start investing in fixed income options. Invest in PPF to build a tax-free corpus.
  • Portfolio biased towards small and mid-cap funds.
  • It also owns several international funds and ETFs.
  • The goal of marriage is very close, so redeem some capital funds.
  • Transfer income to a short-term debt fund to protect capital.
  • It is not possible to achieve the retirement target of 4 crores. Reduced to 1.5 million rupees (60,000 rupees per month).

doctor’s note

  • Direct investments in stocks can be risky. Consider switching to mutual funds.
  • Use the arbitrage fund to create a tax-free corpus for the holiday target.
  • In it NPSThey opt for a conservative allocation, with no more than 20% in equity funds.
  • Retirement is very close, so it is necessary to reduce risk.
  • Start switching from equity funds to debt options in about 12 months.
  • During retirement, use systematic retirement plans to earn regular income.
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WRITE US FOR HELP
If you would like to have your portfolio examined, please write to [email protected] with ¡¥Portfolio Doctor¡¦ as the subject. Mention the following information:

  • Names of the funds you own.
  • Current value of the investment.
  • If you have SIP running on any of them.
  • The financial objectives for which you invested.
  • How much you need for each financial goal.
  • How far away each goal is.
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