Comprehensive Financial Plan - Online
| One of the best endeavour of your life… A critical necessity for each individual. Plan all areas of your life at one go. Fate will finally play its part but we must play ours too. Why leave anything open to financial stress… spend 30-60 minutes and get life; get financial control; get peace of mind; get your financial plan instantly! |
Service Available online… click here to get started!
Plan everything ! Leave out nothing !
You have financial goals for yourself, for your children, for parents, goals that you need to have funding for in the next 1-2 years or 2-4 years or say beyond 5 years. How to balance everything? How to use money resources most effectively?
Consider creating the financial roadmap of your life with extensive details. See impact of what-If scenario’s like; say you were to say make a prepayment how would it impact your education funding for the child or say if you invested in a postal deposit how would that impact your retirement goal.
Basically you need to know how much should you invest and in which category for each of your financial goals. This must be done in such a manner that almost everything you wish for can be achieved.
This service enables you plan all areas of your life at one go viz;
Contingency Planning
Life Risk Management – i.e. Life Insurance
Asset Risk Management – i.e. Non Life Insurance
Health Risk Management – i.e. Health care insurance or Medical Insurance
Retirement Planning
Planning for education needs – schooling / college / post graduation / professional
Planning for Holidays / Special Holidays
Planning for buying a home
Planning for prepayment of home loan
Vehicle purchase planning
Wedding of children
Planning for philanthropy
and other financial goals that your family and you may have...
Planning for as many things you like and anything you like… some other interesting features are;
Comprehensive Insurance planning for both spouses (if applicable) along with impact analysis in case of absence of either spouse. Cashflows are shown detailing how surviving dependent spouse will manage funds in case of absence of one spouse.
Comprehensive Retirement planning provides you with cashflows detailing how much you would need during each year of your retired life. It shows you how cashflows need to be higher each year and thus how pension policies turn out to be such a bad idea as they make a level payment of annuity and do not give you an increasing cashflow. You may also see cashflows detailing how to build the estate corpus so that you are reasonably sure that your funds will outlive you.
There are notes detailing how you must safeguard for other life risks such as property, accidents, health etc. You may make suitable additions as you like.
For financial goal planning set the goal amount you would like to have (in today’s value), specify time / years available, follow the steps and our planning module will take care of the rest.
Plan likely to be in the range of 25 to 50 pages or more depending on your requirements
Any level of customisation is possible – just depends on how much would you like to customise!
Results will keep emerging as you enter data
You obviously might have budget restrictions and thus you may Modify / Amend / Fine-tune results by using our smart Comments & Tips to customise results.
Note that planning solutions are live and dynamic; again here you may use our smart tips to play and simulate scenarios and results.
Once you are sure of everything simply generate the financial plan. Print your Financial Plan instantly and / or view it online
A copy of the plan will also be emailed to your registered id
If your situation changes in 6 months use the 1 free modification facility to upgrade your financial plan.
Be realistic in your expectations.
Examples:
If your income is say Rs. 5 lacs p.a. don’t ask for planning a goal with a value of Rs. 50 crores in 5 years time.
If you are able to save say 15,000 per months don’t ask for being able to achieve a saving of 10 lacs in 1 year.
Even if your numbers are not realistic the system will show you what you need to do hence you will have a pretty good idea of what to expect in years to come.
View / Download the structure of the plan so you have an idea of what to expect.
There is no magic here; it’s just authentic financial planning solutions from Transcend.