M. Pattabiraman's Blog, page 31

Am I too late to have a safe retirement?

A reader says, ” I am a salaried IT professional, but I have only started planning for retirement very late. I am investing very strongly (35% into investment, 30% into EMI), but I fear I might not have a safe retirement – and am too late. I want to keep my expenses the same after...

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How to plan for frequent holidays abroad?

A reader asks, “I would like to go abroad on holiday once in two years. How do I plan for this without affecting my other long-term investments?”. Our robo-advisor tool has a recurring financial goal calculator module, which you can use to plan for all such goals. This can also be used to plan annual...

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My Stock Portfolio Analysis: Nov 2024

This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. We post this comparison each month. Before we begin, new readers need to appreciate the context of these investments. Update: We recently added a new tool to the freefincal investor circle...

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What percentage of our income do we pay as tax in the new tax regime?

We find out what percentage of our income we pay as tax in the new tax regime. Take, for example, a salaried tax-payer with an income of Rs. 11 Lakhs. After accounting for the standard deduction of Rs. 75,000, the net taxable income is Rs. 10.25 Lakhs. We will not consider any other deductions (like...

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How I achieved financial freedom by 45 without onsite assignments or ESOPs

My Name is Sunil, age 50, achieved financial freedom at 45 & here is my story. An interesting point to note is that I had Average grades in Academics, Average Income, Worked for 25 yr in Manufacturing Companies, NO OVERSEAS Assignment, and NO ESOP & still did very well on Financial with DISCIPLINE, CONSISTENCY, &...

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Debt and hybrid mutual fund screener (Nov 2024) for selection, tracking, learning

This is a debt mutual fund screener for portfolio selection, tracking, and learning. It also includes hybrid funds that invest in bonds. It will satisfy investors who wish to invest in money market funds, banking PSU funds, etc. The credit quality of the bonds in the portfolio and the bond maturity profile can be tracked....

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How do I increase equity exposure to 60%?

A reader says, ” I am 35 years old, and I started my “equity” investments quite late (around 2021 when I was 33). Until then, debt instruments and real estate have been my primary investments for my retirement. So debt in my retirement portfolio has a major weightage at about 70%.” “I would like to...

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What should I use as average inflation rate for next 25 years?

A reader asks, ” What should I consider as the average inflation rate for the next 25 years? RBI indicates an average of 4% but in a band of 2% to 6%.” Assuming this is the inflation estimate before retirement, there are some considerations. 1. The inflation estimate is not set in stone. It is...

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Why we need to stop assuming our investment choices are the best

If we consider any argument involving money managment, personal finance, investing, insurance, etc., there is something common among the two or more opposing ideas/sides. Each side thinks their choice is the best. Each side is pretty smug about their decisions. Unfortunately, this is rather immature, and we need to do better. Take, for example, the...

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ETF tracking error screener Nov 2024

This ETF screener is based on tracking errors and tracking differences (ETF return minus index return). The screener will help users evaluate how efficiently an ETF has tracked its underlying benchmark. The tracking error is the ETF’s standard deviation minus index monthly return differences. The lower the tracking error, the more efficient the ETF is...

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