Why this ex-corporate honcho believes first 25 years are to learn, next to earn & last to return
After nearly three decades in the advertising, media, and marketing industries, Dalveer Singh, 55, is preparing for a quieter retirement away from Mumbai's hustle and bustle.
The industry veteran, who held various leadership positions in his career, envisions securing a stable financial future during his sunset years in a peaceful setting. Though the exact location is yet to be decided, his priorities are clear—a place with cleaner air, a vibrant social community and good connectivity. He views retirement as a time to give back to society.
Initially, Singh's portfolio was primarily split between real estate and equities, including employee stock options (Esops), with minimal debt investments beyond his Employees' Provident Fund (EPF). Realising his investment portfolio needed a shift to align with his future goals, including his sons' overseas education, Singh approached Mumbai-based Ladder7 Wealth Managers in July 2016.
Before embarking on his financial planning journey, Singh's portfolio consisted of 25% in real estate, 49% in equities, 18% Esops, and just 8% in debt, solely through EPF.
Singh's advisors recommended a more balanced approach. “Dalveer had a sizeable portfolio with good earnings. His main priority was ensuring his children’s overseas education costs were covered. We also identified that he needed to align his investments with his goals and objectives and be more disciplined about investments and budgeting, " said Suresh Sadagopan, founder of Ladder7 Wealth Planners.
To ensure a stable foundation for his financial future, fresh money was added to debt portfolio, which has been further sub-divided into different buckets.
Over the years, Singh has gradually shifted his investments, increasing his debt
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