Sample Financial Plan
Present age – 38 years
Retirement age – 65 years
Life expectancy – 80 years
Mr. Manoj Kumar
Present age – 36 years
Retirement age – 60 years
Life expectancy – 80 years
Mrs. Archana
AIMFIN Consultants Pvt. Ltd.
Present age – 9 years
Career – Engineer/ Doctor
Marriange age – 28 years
Vansh
Contents
1
• Lives planned for
2
• Scope of this Financial Plan
3
• Portfolio Analysis
4
• Identification of Goals
5
• Goals in Details
6
• Risk Management
7
• Disclaimer
Scope of this Financial Plan
Analysis of
your cash
inflow
Management
of shortfalls
1
3
2
Analysis of
your Cash
Outflows
4
Proper
allocation of
surpluses
Identification
of Goals.
5
6
Generating
cash flow to
meet goals
Your risk
analysis
7
Analysis of
your
retirement
needs
8
Managing
the risk with
insurance
etc.
9
10
Finding an
action plan
to meet
them.
Estate
planning .
11
12
Plan for
smooth
transfer
assets to
your next
generation.
This financial plan identifies your present financial condition and analysis of likely scenario of
your finance in time to come. This report will give you an insight of your financial goals and
suitable action plan for meeting them. All this analysis is based on data inputs provided by you.
Present Inflow vs. Outflow
Heading
2012
2013
2014
2015
Income from Salary
6.50
7.15
7.87
8.65
Business Income
5.80
6.67
7.67
8.82
Agri Income
1.50
1.58
1.65
1.74
13.80
15.40
17.19
19.21
Household Exp
2.40
2.53
2.67
2.82
EMI
1.02
1.02
1.02
1.02
SIP/Insurance
9.00
10.35
11.90
13.69
Kids Education - Schooling
0.60
0.63
0.67
0.70
13.02
14.54
16.26
18.23
0.78
0.86
0.93
0.98
Total Income
Total Exp
Surplus
You are having annual surplus year on year, suitable utilization is suggested in
‘”Recommendation section”
Portfolio Analysis
All Assets
MF
(Balanced)
9%
Bank/Cash
Bal
1%
Direct Equity
Large Cap
23500
7%
Life Ins (SV)
4%
EPF
8%
Cars
12%
Equity
7%
Land
14%
FD
5%
Agri Land
40%
Small Cap
261520
75%
Mid Cap
64980
18%
Identification of Goals
as discussed with you and your family
Purchase of
Car – then Cost
Rs. 8.00 lacs
Professional
education of
Vansh –
present cost
Rs. 25 lacs
2016
2021
Your plan utilize
FD of Rs. 2.50
lacs for down
payment, pay
rest through
auto loan
Your plan to
meet through
Mutuals Fund
but don’t
know whether
succeed
Construct a
house on plot
– present cost
– Rs. 28 lacs
2022
Your plan to
meet through
equity shares
want to know
how to manage
the shortfall
Retire from
work and need
monthly cash
flow of Rs.1.50
lacs for exp.
2039
You find it very
difficult to
achieve with
EPF, need
professional
guidance
Purchase of Car
Cost Rs. 8.00 lacs in 2016
Fixed Deposit of
Rs. 2.50 Lacs
To meet this goal
You should start a SIP of
Rs.7635 p.m. in an Index Fund
today for 4 years ELSE you
have to cough up Rs.11,890
p.m. for 4 years towards EMI
of loan starting 2016
Will grow to
Rs.3.43 lacs
Education of Vansh
Rs. 25 lacs present cost
Today
Mutual Fund value
- Rs.4.50 lacs
Ist Installment Required
•Rs.16.19 lacs
2nd Installment required
•Rs. 16.19 lacs
Final installment required
•8.09 lacs
To fund this goal you need
so start a SIP of Rs.17,150
p.m. today, in a balanced
mutual fund for 9 years
Construction of House
After 10 years, the present cost Rs. 28 lacs may be around Rs.47.83 lacs in 2022
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
You should sell all Equity shares and
invest proceeds in Equity Mutual Fund
And start a SIP of Rs. 29,200 p.m. in equity mutual fund
in Jan-2013 for 6 years
Transfer one third of balance in
Debt Fund every year, starting 2019
to reduce risk of adverse market
Investment in direct equity is difficult to monitor closely therefore it is advised to
transfer the money to equity mutual funds which are monitored by experts, however
there are annual charges in mutuals funds but historically it has been proved wiser
investment vehicle than direct equity.
Retirement Planning
Planning for 2039, where you need Rs.1.50 lacs every month and keep the corpus intact
Your EPF will reach to 35 lacs in
2039 with present contributions
4 lacs
Open PPF Ac
The Corpus you need
300 lacs
Open PPF A/c start constibuting 1 lac
Every year and start SIP of Rs.28,200
p.m. in Balance Mutual Fund
Risk Management
• Insurance cover of 8 lacs is
not sufficient you should take
additional cover of Rs. 40 lacs
the premium will be around
Rs.8,800/- per year
• You need family
floater plan of Rs. 2
lacs
• Your vehicles are
properly insured
Personal
Risk
Property
Risk
Health
Risk
Income
Risk
• The industry you are
working is growing at 1215% annually.
Disclaimer
•
•
•
•
•
This presentation provides a general overview of some aspects of your personal financial position.
It is designed to provide educational and / or general information and is not intended to provide
specific legal, accounting, investment, tax or other professional advice. For specific advice on these
aspects of your overall financial plan, consult with your professional advisors. Asset or portfolio
earnings and / or returns shown, or used in the presentation, are not intended to predict nor
guarantee the actual results of any investment products or particular investment style.
IMPORTANT: The projections or other information generated by AIMFIN CONSULTANTS PVT. LTD.
regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect
actual investment results and are not guarantees of future results. Additionally, it is important to
note that information in this report is based upon financial figures input on the date above;
results provided may vary with subsequent uses and over time.
The Assumptions page contains information you provided that is used throughout the presentation.
Please review the information for accuracy and notify your Financial Advisor promptly if
discrepancies in the assumptions are present; discrepancies may materially alter the presentation.
Your actual future investment returns, tax levels and inflation are unknown. This illustration uses
representative assumptions in a financial planning calculation model to generate a report for
education and discussion purposes.
Calculations and assumptions within this report may not reflect all potential fees, charges, and
expenses that might be incurred over the time frame covered by these illustrations which, if
included, would result in lower investment returns and less favorable illustration results.
Without having a financial plan, you are like a ship in the ocean without a compass
About us
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• AIMFIN Consultants Pvt. Ltd.
Contact us
• info@aimfin.co.in
AIMFIN Team
• Indumitra Bhardwaj
• Medha Mehta
• Pallavi Pathak