What if you treat your investment like a second child?

One for their child, and the other for their investments in Sukhanidhi’s elite equity portfolio. i.e. If he plans to spend two lakhs per annum on his child’s school fees, he invests the same in his golden portfolio to not risk his retirement.  By the time, the child turns 25, the corpus of Rahul’s investment will swollen to several crores, quite enough to take care of him and his wife if this child chooses not to. Voila! A stringy act to save and invest more but surely a thoughtful and worthy one.

It is better to be safe than sorry is the credo of Rahul’s life. He is a man of no expectations and self-reliance. Raichand undoubtedly believes that the commitment you show to your children should also be shown towards your investments. He thinks children may separate after a while and may choose to not take care of parents or whatsoever, but investments have the power to feed the couple forever (if made smartly). He also has a loving heart of a father so understands how difficult it is to make both ends meet and does not intend to be a burden on his child or his family.

Was Rahul always this smart? The answer to the question is nay. All his smartness comes from the self-experienced failures of his rich father Yash Raichand, the promoter and once the owner of the opulent Raichand empire. Yash in the love of his younger son Rohan who lived with his parents in the affluent Raichand mansion made his entire will in Rohan’s name. Things went pretty well until the next five years. The business expanded, the buildings proliferated, the money grew, the big cars came, and whatnot. However, the increasing age of both hot-tempered Riachand’s, also grew the difference in opinions amongst their style of working, ambitions, and lifestyle. Once a joyous dinner table, now looked like a Friday evening boiler room chair. Things started changing. Rahul started outsmarting his experienced and old father. Yash was losing his dominance gradually. He could see things going wrong but could not do anything about it. He felt helpless in his own home and decided to leave the Raichand empire for the sake of his respect, dignity, and loyalty to his business ethics. 

Yash Raichand, once a well-known billionaire now lived in a rented house with basic amenities and no access to luxury. Terrible and surely not the best place to be in. Rahul was always nuclear when it came to his home and finances. He had always lived in a rented apartment with not-so-premium amenities in an urban land away from his family because of his work. He never wanted to see himself in the position of his father. However, his fear was even bigger. Yash, his father, was a billionaire promoter and lost the riches in his needy old age. But Rahul already had too little. He, not in his farthest dream, could imagine the little he had made with all the diligence and hard work.

Yash and Rahul are not the only ones who share this fear. The fear of a carefree retirement is common in more than 100 crore Indians, irrespective of their social class (rich, middle, poor). The newspaper and magazines are filled with news and studies displaying the same with very disheartening numbers. The primary reason for the same is lack of social security in private careers, growing inflation, underemployement, and urban lifestyles.