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Financial plan presentationTRANSCRIPT
Private and Confidential ARB Financial Consultants
Strictly Private & Confidential
Comprehensive Financial Planning Service
Plan By : Ashish Ramesh Bhave CFPCM Page 1 of 37
Comprehensive Financial Planning Service
Planning for MR.Kumar & Family
For Planning year July -2011
Plan By : Ashish Ramesh Bhave CFPCM Page 1 of 37
Private and Confidential ARB Financial Consultants
Disclaimer
A Financial Plan is a generic direction to your cash flows over a period of time. Your future financial
condition may alter due to changes in income/expense patterns, new family commitments, macro
economic scenario etc which may prompt you to alter some aspects of your goals and add new goals.
Therefore this Financial Plan and the Cashflows depicted in it should be used to give you a long term
direction for managing your personal finances while taking immediate actions as a step towards
accomplishing your financial objectives.
These recommendations are subject to review at the time when you are actually taking actions as
recommended because of changes in legal circumstances, economic conditions etc. If considerable time has
elapsed since the date of this plan, you should not act on any specific recommendation without further
consideration with the planner.
Returns from each recommended investment will vary in line with market conditions and investment policies of
the fund manager. Income and growth assumptions are intended as a guide only and should be treated with
caution. The planner should not be held responsible for the accuracy of the same. Most equity/ growth
investment are long term in nature and significant variations including capital loss, may occur over shorter
periods. Neither the authorized representative nor the company guarantees the performance or return of
capital on any of these investments. Performances of investments are subject to market risks. Past
performances of a particular asset class or investment may not be the true indicator of their performance in
future.
These recommendations are based on the information you have supplied. If any material information has been
withheld or any inaccurate, these recommendations could prove to be inappropriate for you.
While we have made every attempt to ensure that the calculations contained in this Financial Plan are correct
and complete, kindly note the plan may contain inaccuracies or errors due the manual-computer interface
involved in making the calculations and we expressly exclude liability for any such inaccuracies or errors. In the
case where a error or omission is involved, you can request us to rectify the error or omission, we shall do
needful.
Disclosure
If the product recommendation are implemented through us, we would receive applicable brokerage from
all/some the investments recommended. We will be entitled to commission directly from product providers.
We will be also eligible to other incentives including allowances and incentives based on volumes, discounted
services and awards.
Plan By : Ashish Ramesh Bhave CFPCM Page 2 of 37
Private and Confidential ARB Financial Consultants
Life Goals Yes/No
Insurance Planning (HLV - Income replacement Method ) Yes
Contingency Planning & Funding Yes
Children Higher education & Marrige Exp. Planning Yes
Retirement Planning Yes
Purchase of House Yes
Purchase of Car Yes
International Vacation Yes
Others Yes
Analysis Yes/No
Inflow/Outflow Yes
Assets/Liabilities Yes
Life Cashflows & Goal feasibility study Yes
Insurance Policies Yes
Mutual Funds Yes
Equity Portfolio Yes
Debt Instruments Yes
Others Yes
Scope of Work For Comprehensive Financial Planning consultancy Service.
Further to the Data Gathering Meeting held, we shall be covering the following in the your Personal Financial Plan to give you
Financial Planning Recommendations & a Goal-Oriented Investment Strategy;
Plan By : Ashish Ramesh Bhave CFPCM Page 3 of 37Plan By : Ashish Ramesh Bhave CFPCM Page 3 of 37
Private and Confidential ARB Financial Consultants
Plan By : Ashish Ramesh Bhave CFPCM Page 4 of 37
Financial Planners Summary
Plan By : Ashish Ramesh Bhave CFPCM Page 4 of 37
Private and Confidential ARB Financial Consultants
Sr. No GoalsFuture value of
GoalGoal can be achived
1 Graduation 3,379,488 Yes Successfully
2 MS 5,694,633 Yes Successfully
3 Marriage 4,322,427 Yes Successfully
4 Others NA
1 0 NA Yes Successfully
2 0 NA Yes Successfully
3 0 NA Yes Successfully
4 0 NA Yes Successfully
1 Retirement Fund 85,124,708 Yes Successfully
1 Europe Tour 674,023 Yes Successfully
2 Europe Tour 1,135,768 Yes Successfully
3 Europe Tour 1,913,836 Yes Successfully
4 Europe Tour 3,224,925 Yes Successfully
5 Europe Tour 5,434,186 Yes Successfully
6 Europe Tour 9,156,919 Yes Successfully
1 Car 1 562,432 Yes Successfully
2 1 st change 769,727
3 2nd change 1,053,425
4 3rd change 1,441,684
Planners Comment - Planning year July 2011
Child 1 Education
Child 2 Education
Retirement
International Tours
Car
Plan By : Ashish Ramesh Bhave CFPCM Page 5 of 37
Private and Confidential ARB Financial Consultants
Sr. No Discription Need Calculation criteria Amount / Action to takeC
on
tin
ge
ncy
Contingency Fund
This is the fund required
as a support to Families
requirements in
emergencies.
6 X (monthly Household Exp +
Monthly Life style exp. + Monthly
commited Exp. Like insurance
premiums, EMI Etc.)
Rs. 638100/- to be maintained (
50% in Savings Flexi Fix a/c &
remaining in FD )
Medical Insurance To protect our existing
asset. The Life style of Individual & Age. Continue with existing plan
Accidenental &
Disability Policy
To protect our existing
asset.
For earning member in the family.
Monthly income X 75
SA : 7500000/- to Self & 4500000
for spouce
2 wheeler Plolicy To protect liability Third party liability insurance. As per company rules.
Life
in
sura
nce
Term insurance
To protect the
important financial goals
& liabilities
Creation of Fund to take care of Basic
Financial Goals & liabinities - Existing
life insurance.
Additional SA of Rs. 66 lac& 33 lac
to you & your spouce each for 10
& 20 years duration
Life insurance Investments to be made
in Efficient way Yield from investment Continue all the policies
PPF Self NA NA NA
Immidiate Corrective actions - Planning year July 2011
Financial plan - Portection system
Ge
ne
ral
Insu
ran
ce
Financial Plan - Existing Investment
Fix
ed
Inco
me
inst
rum
en
t
Plan By : Ashish Ramesh Bhave CFPCM Page 6 of 37
Private and Confidential ARB Financial Consultants
Products SIP Amount Yearly amount Remarks
HDFC Equity Fund 6000 72,000
DSPBR Equity Fund 6000 72,000
IDFC Premier equity
Fund13000 156,000
HDFC Midcap
Opportunities Fund8000 96,000
Canara Robeco
emerging Equity5400 64,800
ICICI Pru Dynamic Fund 5400 64,800
Birla Divident Yield Plus 3600 43,200
DSPBR Micro cap fund 3000 36,000
SBI Gold ETF 3,000 36,000
Nationlised Bank 319,050 50% of Contingency Fund
Savings A/C with Auto
sweep facility 319,050 50% of Contingency Fund
Nationlised Bank 72,000 Debt Portion of asset
allocationNationlised Bank 179,879 Reserves to time market
Investment strategy - Planning year July 2011Investment Statistics
Existing Financial Asset 680,473
Goals Funding for current year. 638,100
Reserves to be maintained in short term deposits
timing market 179,879
investment Product recommnendation
Bank FD
Net asset 42,373
Income in this year - regular exp. 857,022
Total investable surplus 899,395
Available funds for regular investment 719,516
Total Equity & Gold 640,800
Total Debt 889,979
Plan By : Ashish Ramesh Bhave CFPCM Page 7 of 37
Private and Confidential ARB Financial Consultants
Asset Class Amount investment % Distribution
Large cap Equity 144000 16%
Midcap Equity 316800 35%
Small cap Equity 36000 4%
Opportunity Equity 108000 12%
Gold 36000 4%
Debt 72000 8%
Reserves to time market 179879.0375 20%
Total 892679.0375 100%
Investment strategy - Planning year July 2011
Investment strategy - Planning year July 2011
Plan By : Ashish Ramesh Bhave CFPCM Page 8 of 37
Large cap Equity
16%
Midcap Equity
36%
Small cap Equity
4%
Opportunity Equity
12%Gold
4%
Debt
8%
Reserves to time
market
20%
Investment strategy - Planning year July 2011
Plan By : Ashish Ramesh Bhave CFPCM Page 8 of 37
Private and Confidential ARB Financial Consultants
Plan By : Ashish Ramesh Bhave CFPCM Page 9 of 37
Data & ARBARBARBARB's Recommendation
Plan By : Ashish Ramesh Bhave CFPCM Page 9 of 37
Private and Confidential ARB Financial Consultants
Personal & Dependent Details
Today's Date 19-Jul-11
Particulars Self Spouse
Title(Mr,Mrs,Ms) Mr. Mrs. Mr.
First Name Kumar Kumari Mrs.
Gender Male Female
Date of Birth 18-Sep-76 10-Sep-77 Male
PAN No. KYC complied ? Yes Yes Female
Residential Status Indian Indian
State of Health Good Good Service Private
Critical illness? N Diabetis Service Govt.
Smoker? N N Self employed
Date of Marriage(if applicable) 15/2/1994 Professional
Occupation Service Housewife Housewife
Life Expectancy 85 85 Retired
NA
Dependent Details
Name of Dependent Date of Birth Relationship Occupation Health Status
Chiranjiv 21-Mar-05 Child -1 NA Good
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 10 of 37
Private and Confidential ARB Financial Consultants
Income & Expenses details
Monthly Income
Income Head Self Spouse Total
Income from salary( NET/GROSS) 120000 60000 180000
Income from Business or Profession 0 0 0
Income from Other Sources 0 0 0
Gross Total 120000 60000 180000
Deductions if any 0 0 0
Net Income 120000 60000 180000
Growth in salary in % 9% 9%
Income from House property 0 0% 0
Total income 120000 60000 180000
Monthly Expenditure
Monthly Annual % of Income Inflation rate
15,000 180,000
8,000 96,000
5,000 60,000
1,000 12,000
1,600 19,200
1,500 18,000
32,100 385,200 18% 13%
2,000 24,000
5,000 60,000
1,000 12,000
0 0
5,000 60,000
13,000 156,000 7% 13%
2,000 24,000
0 0
2,000 24,000 1% 11%
0 20,790
0 3,988
250 5,000
250 29,778 0% 0%
22,000 264,000
0 0
12,000 144,000
34,000 408,000 19% 0%
81,350 1,002,978 45%
98,650 1,183,800 55%
0 0
0 0
25,000 300,000
8,500 102,000
33,500 402,000 19%
65,150 781,800 36%
12.92% 47,100
Electricity / Water / Labour / AMCs
Particulars
Food & Grocery
House Rent / Maintenance / Repair
Conveyance, Fuel & Maintenance
Medicines / Doctor / Healthcare
Life Insurance (Term)
Mobile / Telephone / Internet
Household Expenses
Clothes & Accessories
Shopping, Gifts, Whitegoods, Gadgets
Dining / Movies / Sports
Personal Care / Others
Travel & Annual Vacations
Lifestyle Expenses
Children's Schooling/College Expenses
Contribution to Parents, Siblings etc
Dependent Expenses
Insurance Premiums (Investments)
Mediclaim/PA/CI
Motor Insurance
Pure Insurance Premiums
Home Loan 1 EMIs
Home Loan 2 EMIs
Personal Loan EMIs
Loan Servicing
Surplus (Savings-Investments)
Customised Economic inflation
End of page
Net Outflows
Savings (Inflows-Outflows)
PF + VPF+PPF
Recurring Deposits (RDs)
Mutual Fund SIPs
Regular Monthly Investments
Plan By : Ashish Ramesh Bhave CFPCM Page 11 of 37
Private and Confidential ARB Financial Consultants
Sr. No. Holder Script Market rate No of script Total value ARB's
Recommendation
1 Self ASHOK LEYLAND LIMITED 24.75� 350 8,662.50 Sale
2 Self TATA CONSULTANCY SERVICES 965.00 25 24,125.00 Sale
3 Self HDFC BANK LIMITED 464.45� 125 58,056.25 Sale
4 Self SATYAM COMPUTER SERVICES LIMITED 71.05� 50 3,552.50 Sale
5 Self SHREE RENUKA SUGARS LIMITED 57.35� 500 28,675.00 Sale
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Total 123071
Note : These all the scripts to be sold in Phased manner to enter in Our proposed portfolio.
Equity Investments
Plan By : Ashish Ramesh Bhave CFPCM Page 12 of 37
Total 123071
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 12 of 37
Private and Confidential ARB Financial Consultants
Sr.
NoFund Name
Option
(gr./div.)Holder
SIP
Y/NAmount
Total
Units
Latest
NAV
Present
Value
Locked in
(Y/N)
ARB's
Recommendation
1 Birla frontline growth self yes 3,000 560.00 67.79 37,962 No Hold
2 Franklin India BLUECHIP growth self yes 3,000 140.552 215.76 30,325 No Sale
3 HDFC TOP 200 growth self no 25,000 110 212.46 23,370 No Sale
4 HDFC BALANCED growth self no 45,000 917.436 58.78 53,926 No Sale
5 HDFC MidCap Opportunities growth self no 30,000 1,890.96 16.83 31,819 No Hold
6
7
8
9
Total 106,000 177,402
1
2
3
4
Total 0 0
Mutual Funds
Equity & Hybrid MF
To be sold or switched as per the requirement of portfolio.
Debt MF
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 13 of 37
Private and Confidential ARB Financial Consultants
Sr.No Particulars On NameInvestment
amount
Current
Accumulated
value
Investment
start date
Interest
rate
Date of
maturityMaturity Value
ARB's
Recommendation
1 PF Self 350000 0-Jan-00 9.50% 0-Jan-00 1,428,486.37
2 PF Spouce 125000 0-Jan-00 9.50% 0-Jan-00
3 PPF
4 PPF
5 PF
6 SA
7 Gratuity
8 PPF
9 PPF
10 PPF
11 PPF
12 PPF
13 PPF
14 PPF
15 PPF
16 PPF
Total 0 475000 1428486
End of page
Retirement Related investments / Benefits
Plan By : Ashish Ramesh Bhave CFPCM Page 14 of 37
Private and Confidential ARB Financial Consultants
Sr.No ParticularsInvested
amount
Current
Accumula
ted value
Investment
date
Coupon/
Interest
rate
Passive
income
p.a
Date of
maturityMaturity Value
ARB's
Recommendation
1 bank FD 50,000.00 19-Apr-11 9.25% 6-Jul-12 55,871.00
2 bank FD 50,000.00 19-Apr-11 9.25% 6-Jul-12 55,871.00
3 bank FD 45,000.00 15-Jul-11 9.25% 30-Jul-12 49,497.00
4 bank FD 150,000.00 9-Oct-10 8.00% 8-Dec-12 178,077.00
5
6
7
8
9
10
11
12
13
14
15
16
Total 295,000.00 0 0 339316
Fixed Income Instruments
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 15 of 37
Private and Confidential ARB Financial Consultants
Sr.No Type of PropertyPurchase
Value
Purchase
DatePresent Value On loan
Passive
income
Willing to
Liquidate
(Y/N)
ARB's
recomme
ndation
1 Resi House 2,500,000 1-Jan-00 4,500,000 yes No
2 Land 250,000 1-Jun-08 400,000 no Yes Hold
3
4
5
6
7
8
9
Total 4900000 0
Real Estate Investments
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 16 of 37
Private and Confidential ARB Financial Consultants
Sr. No ParticularsPurchase
Value
Purchase
Date
Present
Value
Willing to
Liquidate
(Y/N)
Liquidatio
n
Proportio
n
Liquidatio
n Amount
ARB's
Recommendati
on
1 Car / Bike NA No
2 Car / Bike NA No
3 Car / Bike NA No
4 Car / Bike NA No
5 Jwellery NA No
6 Gold ETF's 25000 50000 y
7 eGold NA No
8 Gold physical NA No
9 Silver No
No
Total Value 50000
End of page
Tangible Asset Investments
Plan By : Ashish Ramesh Bhave CFPCM Page 17 of 37
Private and Confidential ARB Financial Consultants
Liquid Assets
Sr No. Particulars Present Value ARB's Recommendation
1 Bank a/c 320,000.00�
2 cash in Hand 10,000.00�
3
4
5
6
7
8
9
10
11
12
13
14
15
Total 330000
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 18 of 37
Private and Confidential ARB Financial Consultants
Sr No. TypeName of
policyMode
Yearly
premiumDate of Issue
Maturity
DateCover
Surrender
Value
Maturity
Amount
ARB's
Recommendation
1 Endowment 0 Yly 5,113 11/09/90 11/09/15 100,000 130,000 Continue
2 Endowment 0 Yly 565 01/01/97 01/01/17 10,000 20,000 Continue
3 Endowment 0 Yly 6,409 04/01/97 04/01/17 100,000 125,000 Continue
4 Endowment 0 Yly 5,313 02/14/98 02/14/23 100,000 130,000 Continue
5 Endowment 0 Yly 10,224 06/07/01 06/09/25 260,000 Pension Continue
6 Endowment 0 Yly 20,790 03/05/11 03/05/27 3,000,000 0 Continue
1 NAV ULIP HIGH NAV Yly 50,000 03/01/19
98414 3570000 0
Life Insurance
Self
Spouce
Total Premium
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 19 of 37
Private and Confidential ARB Financial Consultants
Sr No. TypeCompany
Name
Individual /
Family coverDate of Start
Insurance Cover
Amount
Premium
Amount
ARB's
Recommendation
1 Mediclaim National 250000 Continue
2
3
4
5
6
7
8
9
0
Health Insurance
Premium Total
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 20 of 37
Private and Confidential ARB Financial Consultants
Sr No.Policy
Name
Policy
Type
Policy
HolderValid Upto
Premium
Amount
Claims (
if any )
ARB's
Recommenda
tion
1
2
3
4
5
6
0
General Insurance
Date of
CommencementInsured Amount
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 21 of 37
Private and Confidential ARB Financial Consultants
Sr.No Liability Type Borrers Name.Current rate of
interest p.aCurrent EMI
No.of
installments
Remaining
Balance
OutstandingARB's Recommendation
1 Housing Loan 1 8.25% 22,000 200 2387100 Continue
2
3
4 Personal loan 12000 12 144000 Continue
5 Personal loan 0
6 Credit Card Debt 0
7 Credit Card Debt 0
8 Other loans 0
9 0
Total 34000 2531100
Liabilities
End of page
Plan By : Ashish Ramesh Bhave CFPCM Page 22 of 37
Private and Confidential ARB Financial Consultants
Plan By : Ashish Ramesh Bhave CFPCM Page 23 of 37
Financial assessment & Goals quantification
Plan By : Ashish Ramesh Bhave CFPCM Page 23 of 37
Private and Confidential ARB Financial Consultants
Financial Objectives
Particulars Present value of expenses At Age Years till expenses Priority
Child 1 Education Chiranjiv
Graduation 1000000 18 High
MS 1000000 23 High
Marriage 500000 27 Medium
Others NA
Child 2 Education 0
Retirement
At Age 55 Maintining Std. of living High
Medical corpus 400000 High
International Tours
Europe Tour 400000 5 5 Low
Car Frequency of Change For first Such Exp. After
Car 1 500000 8 3 Low
Car 2 0 0 0
Child's Business seed capital
Plan By : Ashish Ramesh Bhave CFPCM Page 24 of 37
Private and Confidential ARB Financial Consultants
Particulars
Name
Date of Birth
Current Age
Retirement Age
Life Expectancy
% Income Increase
Dependents
Particulars Child-1 Child-2 Father Mother
Name Chiranjiv NA NA NA
Date of Birth 3/21/2005 NA NA NA
Current Age 6 NA NA NA
Real estate Auto. International tour Education Rental Income
14% 4% 11% 11% 6%
Investment
StrategyAggressive Coutious Conservative Protective
Expected returns 16% 12% 10% 8%
Plan Date
7/19/2011
Economic InflationInflation Post
retirement
Post tax return post
retirement
13% 8% 9%
85
18-Sep-76 10-Sep-77
Data & Assumptions For Financial plan structuring
Self Spouce
Kumar Kumari
8% 10%
Growth rate assumptions
Returns Assumptions
Other Assumptions
35 34
55 55
85
Plan By : Ashish Ramesh Bhave CFPCM Page 25 of 37
Private and Confidential ARB Financial Consultants
Particulars Total Percentage
Residential Property 4,500,000
Vehicle 0
Jewellery 0
Inheritance of Wealth 0
Others 0
Personal Assets 4500000 71%
Savings Bank/Cash in Hand 330,000
Receivables 0
Total Liquid Assets 330000 5%
Fixed Deposits 295,000
PPF (Public Provident Fund) 475,000
EPF + Superannuation +
Gratuity0
NSC / POMIS / KVP / RDs etc 0
Debt Mutual Funds 0
Traditional Insurance Policies
SV0
Bonds/Debentures/CDs 0
Total Debt Assets 770000 12%
Direct Equity 123,071
Equity & Hybrid Mutual Funds 177,402
Unit-linked Insurance Policies
SV0
Total Equity Assets 300473.1875 5%
Gold/Silver (ETFs, MF, Bars) 50000 1%
Real Estate 400000 6%
Total Assets 6350473.187 100%
Home Loan 2,387,100
Vehicle Loan 144,000
Personal Loan 0
Total Liabilities 2531100
Networth (Assets-Liabilities) 3819373.187
Networth Statement
Plan By : Ashish Ramesh Bhave CFPCM Page 26 of 37
Private and Confidential ARB Financial Consultants
%
Networth 3,819,373 60%
Total Liabilities 2,531,100 40%
Total Assets 6,350,473
%
Monthly Income 180,000 100%
Monthly Exp. 81,350 45%
Investable Surplus 98,650 55%
Networth
ARB's Comment : The Solvency ratio is very Good .
Requested to maintain the same.
Monthly Cashflow
ARB's Comment : The expenses are with in the
Networth Total Liabilities Total Assets
3,819,373
2,531,100
6,350,473
Networth
180,000
81,35098,650
Monthly Cashflow
limits & investment surplus ratio is healthy, a good
sign.
Monthly Income Monthly Exp. Investable Surplus
Plan By : Ashish Ramesh Bhave CFPCM Page 27 of 37
Private and Confidential ARB Financial Consultants
Existing investment portfolio %
Debt 1,100,000 59%
Equity 300,473 16%
Commodity 50,000 3%
Real estate 400,000 22%
Total Assets 1,850,473 100%
%
Income 180,000 100%
Household
Expenses32,100 18%
Lifestyle Expenses 13,000 7%
Dependents
Expenses2,000 1%
Pure Insurance
Premiums250 0%
Loan Servicing 34,000 19%
Regular
Investments33,500 19%
Surplus 65,150 36%
Current Income - Expenses distribution
ARB's Comment : The Investment portfolio is slightly tilted
towards Debt , less exposure to commodity.Debt
59%
Equity
16%
Commodity
3%
Real estate
22%
Existing investment portfolio
18%
7%
1%
0%
19%
36%
Current Income - Expenses distribution
Household Expenses
Lifestyle Expenses
Dependents Expenses
Pure Insurance Premiums
Loan Servicing
Regular Investments
Surplus
Plan By : Ashish Ramesh Bhave CFPCM Page 28 of 37
ARB's Comment : Proportion to House hold , Life style ,Loan
servising to Income is with in the limits.
19%
Surplus
Plan By : Ashish Ramesh Bhave CFPCM Page 28 of 37
Private and Confidential ARB Financial Consultants
Type Discription Present value of Financial goals
Child Education 3066309.185
Retirement 7591947.235
Contingency Fund 638,100.00
Other goals 2,820,248.20
Household Exp. 7,552,113.05
Life style Exp. 3,058,488.15
Loans 2,531,100.00
Total liability 27258305.82
Existing life cover (Post
surrendered policies)3,570,000.00
Existing Asset 680,473.19
Additional required 23007833
Life insurance need analysis
Goals
Liabilities
Life insurance need analysis
Plan By : Ashish Ramesh Bhave CFPCM Page 29 of 37
Existing life cover
(Post surrendered
policies)
13%Existing Asset
3%
Additional required
84%
Life insurance need analysis
Plan By : Ashish Ramesh Bhave CFPCM Page 29 of 37
Private and Confidential ARB Financial Consultants
Contingency Fund
Particulars Amount
Current Monthly Expenses
Household Exp. 32,100
Life style exp 13,000
Commited Exp. 2,000
Insurance premiums 25,250
Loan EMI 34,000
Total Monthly Expenses 106,350
Contingency Funding Requirement
Contingency Period (No. of Months) 6
Contingency Funds 638,100
Planners Comment : This is the Fund which is required to be maintained in the
easily accassable form. This will help a Family to Sustain in any type of
contingency.
Plan By : Ashish Ramesh Bhave CFPCM Page 30 of 37
Private and Confidential ARB Financial Consultants
Child-1 Name
Goal Graduation Post Graduation Marriage Others
Goal @ Age 18 23 27 NA
Years to Goal 12 17 21 NA
Current Value 1,000,000 1,000,000 500,000 0
Year OF Goal 3/17/2023 3/15/2028 3/14/2032 NA
Future value of
Goal3379488 5694633 4322427 NA
Child-2 Name
Goal Graduation Post Graduation Marriage Others
Goal @ Age 0 0 0 0
Years to Goal #VALUE! #VALUE! #VALUE! #VALUE!
Current Value 0 0 0 0
Year OF Goal #VALUE! #VALUE! #VALUE! #VALUE!
Future value of
Goal#VALUE! #VALUE! #VALUE! #VALUE!
Child's Education.
Children's Future
Child 1
Children's Future
Child 2
Plan By : Ashish Ramesh Bhave CFPCM Page 31 of 37
Private and Confidential ARB Financial Consultants
Car Purchase Planning
Car 1
Year to buyToday's price
of a Car
Funture Projected
price of a carYear Count
21-Jul-12 500000 562432 3
19-Jul-20 500000 769727.0282 11
17-Jul-28 500000 1053424.588 19
15-Jul-36 500000 1441684.288 27
Car 2
Year to buyToday's price
of a Car
Funture Projected
price of a carYear Count
0 #VALUE!
Plan By : Ashish Ramesh Bhave CFPCM Page 32 of 37
Private and Confidential ARB Financial Consultants
Retirement Planning
Particulars Amount Remarks/Notes
Current Expenses
Household Exp. 32,100
Life style exp. 13,000
Addition/Deduction (Vacations,
Insurance etc)2,000
Total Monthly Expenses 47,100
Total Annual Expenses 565,200
Future Expenses at Retirement
Retirement Age 55
Reduction in Exp. 20%Reduction is considered as family
size will reduce to 2 from 3
Inflation 10%
No. of Years for Retirement 20
Retirement Year 5-Sep-31
Expenses in the First Year of
Retirement3,084,298
Corpus Required to Fund Retirement
Expenses
No. of Years in Retirement 30
Inflation during Retirement Years 8.00%
Tax adjusted Investment Returns on
Retirement Corpus9.00%
Net Returns 0.93%
Retirement Corpus Required
considering rental income80,503,470
Medical corpus
Amount at present value 400,000
Inflation 13%
Amount at the time of retirement 4,621,238
Total Corpus required
Retirement Fund ( Cost of living ) 80,503,470
Medical corpus 4,621,238
Total 85,124,708
Plan By : Ashish Ramesh Bhave CFPCM Page 33 of 37
Private and Confidential ARB Financial Consultants
International Tours
Year to tourToday's price of a
Tour
Funture
Projected priceYear Count
17-Jul-16 400000 674023 5
16-Jul-21 400000 1135768.394 10
15-Jul-26 400000 1913835.795 15
14-Jul-31 400000 3224924.614 20
12-Jul-36 400000 5434185.521 25
11-Jul-41 400000 9156918.629 30
Plan By : Ashish Ramesh Bhave CFPCM Page 34 of 37
Private and Confidential ARB Financial Consultants
Other Goals
Plan For Year Of GoalToday's
Amount
Funture
Projected
Amount
Year
Count
0 0-Jan-00 0 0 0.00
0 0-Jan-00 0 0
0 0-Jan-00 0 0
0 0-Jan-00 0 0
0 0-Jan-00 0 0
0 0-Jan-00 0 0
0 0-Jan-00 0 0
0 0-Jan-00 0 0
0 0-Jan-00 0 0
Plan By : Ashish Ramesh Bhave CFPCM Page 35 of 37
Private and Confidential ARB Financial Consultants
Mobile : 8793107044
Financial plan Prepared by
Ashish Ramesh Bhave. MBA. CFPCM
Contact Details :
Flat no . 33, 1535,Sadashiv peth , Tilak Road
Pune -411030
email : [email protected]
Plan By : Ashish Ramesh Bhave CFPCM Page 36 of 37