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Financial Planning
Financial Planning is a dynamic process of meeting your life goals through optimal management of your financial landscape.
How does it benefit you?
• Presenting ‘The Big Picture’ of your financial situation by analyzing every aspect of your personal finance and thereby identifying the gaps
• Evaluating both favorable and unfavorable future scenarios and adequately preparing you to deal with them
• Equipping you with the financial roadmap and simple actionables
What is covered in financial planning?
Financial Planning covers your entire financial landscape.
Goals/ Investment Planning
- Child birth
Education- Marriage
- Work/ Settlement
- Health care
- Entertainment and vacations
- Asset purchase
- Emergencies
- Starting a new venture
- Charity
- Supporting family members
Insurance Planning
Life- Health
- Assets
- Liabilities
- Profession
- Vehicle
- Travel
Retirement Planning
- Post retirement Lifestyle
Health care- Regular Income
- Family Inclusion
- Wealth transfer
- Early retirement
- Post retirement venture
Debt Management
Loans- Credit cards
- Lease
- Foreclosures
- Repayment
- Reverse mortgage
- Refinancing
Real Estate Planning
- Purpose
Location choice - Down payment
- Sourcing of loan
- Home/ loan insurance
- Doing up the house
- Exit strategy
Taxation Planning
- Taxation planning is part of the overall financial planning process
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