For LICBy Ambition Learning Solutions

Birth & Education Earning Years Retirement

38 yrs22 yrs Over 25 - 30 yrs

Housing

Child’s Education

Child’s Marriage

Phase I Phase IIIPhase II

Inco

me

Age

MarriageChildren

22 yrs 60 yrsAge

Client data collection form.xls

Risk Profiling.xls

Asset Class Grid

Present Value (Current Investment needed for a particular goal. Can also be understood as Single Premium)

Future Value (Value of the investment in the future. Can also be understood as Maturity Amount)

Payment (The value of investment required periodically to fulfill a particular goal. Can also be understood as mode of premium)

Nper (Time required to meet a particular goal. Can also be understood as premium paying term)

Interest (Return required to meet a particular goal) Effective Rate of Return Post Tax and Pre Tax Returns IRR (Accrued return for the cashflow) NPV (Value of uneven cashflow today) Rule 72 Rule 69Time Value of Money.xlsx

Calculate HLV to recommend adequate insurance cover for Mr. Raghav: Age – 30 years, Retirement age - 60 years. He is Asst. Vice president. His monthly salary is 55,000. He pays professional tax of Rs.3,000 and income tax subject to allowable deductions (tax paid) Rs.132,000, reasonable self - maintenance expenditure estimated at Rs. 45000 p.a., life insurance premium for self Rs.18,000 with total sum assured Rs.5,00,000. For wife and child he pays insurance premium of Rs.10,500 and Rs.6,500 respectively. Assuming rate of interest for capitalization of future income as 8.58% recommend adequate additional insurance for Mr. Raghav

Human Life Value.xlsx

Seema is 1 year old and her dad wants her to pursue an MBA degree course. For this the amount required is Rs. 8, 00,000 in today's terms which will increase @ 6% p.a. and the amount is required after 20 years. How much per year should her father start saving from now on if the rate of return on investment is expected to be 8.58% p.a.?

Child Education.xlsx

The cost of marriage today is 2000000 which is increasing at a moderate 5% due to inflation. Mr. XYZ is interested in accumulating money for her daughters marriage which is after 20 years. Please help him understand how much to invest every year (If expected return on investment is 8.58%)?

Childs Marriage.xlsx

Mr. Shah 35 years old is now concerned about his retirement. He wants to make provisions in such a way that he can maintain his present standard of living even after retirement when his actual income stops. His current annual expenses are 360000. Inflation is 5% and Interest he can earn on investments is 8.58%. He is suppose to retire when he turns 60. Please advice him about the investments he need to do every year?

Retirement Planning.xlsx

Mr. Javeri is 28 years old and married. His wife is 25 years old and they have a 2 years old daughter. His current annual income is 1500000 and Current expenses are 275000. He has a home loan EMI of 12000. His current investments are 1000000. He wants you to help him plan for his Retirement, Child Marriage, Childs Education, Investments. Please prepare a financial plan

Thank You