financial planning
Our financial planning is complete and comprehensive.Often clients are unable to articulate and understand the financial value of their goals. There are various myths around financial planning and products as well.
We help clients spell out their goals and marry them to financial values. We help them achieve these goals keeping in mind their individual risk appetite.
A typical financial planning exercise is a three step process:
A detailed meeting wherein your goals, your current investments and your temperament towards investment risks are discussed.
A comprehensive report is presented to you with our analysis and suggestions. This is a completely client specific report.
We help you achieve your identified goals in the financial plan through the execution of these plans.
Financial planning is a comprehensive, on-going approach to managing your financial life. It is a great empowering tool.
As a start, a couple of questions that you should answer for yourself to initiate the financial plan are:
1. Number and Age of your dependents
2. Number of your working years remaining
3. Your income per month
4. Your liabilities including EMIs / insurance premium payments.
5. Your current savings and returns on those
6. What percent of your monthly earnings, you save?
7. What amount of pension would you need after retirement?
8. Do you fully utilize your income tax deduction benefits?