How to make a Financial plan

STEP 1:	Email Ms. Priya fzcdeca@gmail.com or Whatsapp: +91-7760094400 for appointment
STEP 2:	Qualified expert will gather your personal info via phone / Skype
STEP 3:	Make payment
STEP 4:	Financial Plan with Action points will be emailed to you

We are Financial and Tax Planners in India and help NRIs find out exactly how much they need to invest every month and the best way to go about it to minimize Tax. Charges for a Personal Financial Plan range between 50-150$ per person. There is no obligation for you to invest. All personal information will be kept totally confidential.

You need to provide information about yourself, which usually takes 30 minutes. This information gathering can be done via phone / online chat. Your information will be processed and the amount you need to invest or insure will be calculated. The results will be presented to you in a simple table, see below. This will help you understand the implications and take necessary action in time

Points of Action resulting from Financial Plan (Example):

Client: Mr. DJP and family, Dubai, UAE

Date: 20 July 2015

Description	Current value	Coming in years	Future value	Montly SIP needed
Retirement expenses per year (age 60-80)	600,000	17	4,100,000	see cell below
Retirement corpus at 60, to be drawn down till 80			45,700,000	34,600
KP's Education	350,000	13	1,527,000	3,500
Intl. Holiday	240,000	Every yr		20,000
Car	1,500,000	4	2,360,000	37,000
House	6,000,000	17	41,200,000	50,000
KP's Wedding	2,400,000	18	18,500,000	19,000
Major H. Ins premium p.a. from age 60	105,000	26	2,000,000	see cell below
Major H. Ins corpus required at 60, to be drawn down till 80			14,000,000	4,465
Total monthly SIP* needed				175,300
Total monthly SIP in place				30,000
ACTION →			Shortfall	145,300

Risk cover				↓ ACTION ↓
Description	Required	Present available	Shortfall	Amt to secure
Family Minor health risk cover 0 - 3 Lakh (appendicitis, falls, aches, pains etc)	500,000	500,000	NIL	-
Family Major health risk cover 50 Lakh (terminal illness, major accidents etc.)	5,000,000	NIL	But Start with 25,00,000	15,485 p.a
Life cover for main earning member (30-60yrs = 1.5 years income)	69,00,000	500,000	64,00,000 but min cover is for 50 Lakh	116,159 one time for full 15yrs
Contingency / emergency funds (3 months income, held in Liquid fund)	2,160,000	0	2,160,000	2,160,000
POA (Power of Attorney) To protect assets in case of emergency	Yes	NIL	POA	For UAE & India $1260 + $430 govt. fees
Will - To prevent delay / cost after death	Yes	NIL	Will	For UAE & India $1260 + $430 govt. fees

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