STEP 1: |
Email Ms. Priya fzcdeca@gmail.com or Whatsapp: ![]() |
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 |