{"id":715,"date":"2018-01-01T05:50:17","date_gmt":"2018-01-01T05:50:17","guid":{"rendered":"http:\/\/myassetsconsolidation.com\/investment-advisory\/?p=715"},"modified":"2018-01-01T05:50:17","modified_gmt":"2018-01-01T05:50:17","slug":"golden-way-to-beat-inflation","status":"publish","type":"post","link":"https:\/\/myassetsconsolidation.com\/blog\/golden-way-to-beat-inflation\/","title":{"rendered":"Golden way to beat inflation"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p><strong><img loading=\"lazy\" class=\"alignnone size-medium wp-image-716\" src=\"http:\/\/myassetsconsolidation.com\/investment-advisory\/wp-content\/uploads\/2018\/01\/BL-8-Jan-300x273.jpg\" alt=\"\" width=\"300\" height=\"273\" \/>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>December 31, 2017:\u00a0\u00a0<\/strong><\/p>\n<p><strong>I am 63, retired. My wife is 56. I was under the impression that I could live comfortably with my pension. But it has become a challenge over the last five years. Although I live in a tier-II city, my monthly expenses are rising because I travel frequently to Chennai by car. Do let me know if it is good to invest in mutual funds to boost my income.<\/strong><\/p>\n<p><em>Ramasamy<\/em><\/p>\n<p><strong>Fixed deposits will not help you beat inflation.<\/strong><\/p>\n<p>If you had planned your retirement early, you would not be worrying much now. Since your children are settled abroad and financially well-settled, I suggest you rethink your plans regarding real estate. As inflation keeps growing, you will face a big shortfall over the years.<\/p>\n<p>Sell your plot and invest in financial assets such as bonds, fixed deposits and mutual funds. Assume you have to pay capital gain tax of Rs. 5 lakh, you will still be left with Rs.45 lakh. Follow asset allocation of debt and equity at 60:40 respectively you will able to earn 9 per cent return. It means your monthly income, post-tax, will be Rs.30,000, exceeding your requirement.<\/p>\n<p>Invest money in Mutual Funds:-<\/p>\n<p>In mutual funds, invest only in balanced funds, that will help you earn at least 12 per cent tax-free return. Instead of dividend option, use systematic withdrawal plan to meet your monthly expenses. Book profits when the market delivers far superior returns.<\/p>\n<p>With your monthly surplus, build an medical emergency fund for Rs.5 lakh. If you plan your finances better, longevity will not become a threat.<\/p>\n<p><em>The writer is a registered investment advisor and founder, myassetsconsolidation.com Send your queries to blinefp@gmail.com<\/em><\/p>\n<p>(This article was published on December 31, 2017)<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 \u00a0 December 31, 2017:\u00a0\u00a0 I am 63, retired. My wife is 56. I was under the impression that<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/posts\/715"}],"collection":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/comments?post=715"}],"version-history":[{"count":0,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/posts\/715\/revisions"}],"wp:attachment":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/media?parent=715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/categories?post=715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/tags?post=715"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}