2. A road map to financial success -- Sky is the limit
Play cfp file here

3. What is a financial plan
Help clients take control of their finances
What is a financial plan

4. A typical family
Rajesh Arora and Sunita are the proud parents of two lovely girls; Shivani who is 6 years old and Madhu who is 4 years old. Rajesh is working in a multinational and Sunita is a home maker. Rajesh’s net income post tax is Rs. 75,000 per month. His expenses per month are Rs 30,000/. He also supports his parents with Rs 10,000 a month. His net assets total to 50 L including the house they are living in
Liabilities
Home loan = 25 L Car loan = 3 L

5. Their goals are
To provide a higher education for Shivani and Madhu. Initial expenses at the age of 18 for the two girls will be, Rs3 L , (current cost), and subsequently Rs. 2 l for the next two years, and Rs. 3.5 l  p.a. for the following 2 years.
Marriage expenses of Rs. 15 l (current cost) for each child at their respective ages of 21 years.
Retirement corpus at the age of 58 years to sustain 70% of pre-retirement household expenses till his lifetime and 50% till Sunita’s expected life.
To build a separate fund for vacation expenses of Rs 2 l ( current cost) every year, 10 yrs so that the corpus built is self sustaining till the marriage of Madhu

6. Financial Planner’s role
Wealth
Goals
Income/ expenses
Net worth analysis
Write a plan
Monitor /
Review
Financial Planner’s role
Building a financial house

7. The process
Wealth Distribution
Wealth accumulation
Wealth protection

8. Today’ s many choices
When there are no choices, there is no need to choose
When you don’t have to choose, there is no need to decide
When there is no need to decide, there is no need to get advise

9. A likely question
Do I need a qualified financial planner ?
I already have an advisor
I give all money to my husband/ father
I have no investment surplus
I am very busy . Where do I find the time?
I believe investing in Real estate
I am a business man . Do I need advise
You may contact us for the first free analysis of your financial health

11. Many financial dreams are thwarted by not following the good intention of doing it.
If you want to reap financial blessings ,you need to sow financially now
Phase out money challenges by careful planning

12. A Comprehensive financial plan

13. Certified Financial plannerS
Soumya Ramalingam
Certified Financial planner
Mob: