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Sample Wealth GRIP Report

Sample Wealth GRIP Report

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Published by enigma1234

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Categories:Types, Brochures
Published by: enigma1234 on May 11, 2010
Copyright:Attribution Non-commercial

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05/11/2010

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Dear Sanjay,
At the outset, I would like to thank you for taking some time and completing your Wealth G.R.I.P FinancialPlan. Wealth G.R.I.P helps you get a 360-degree view of your Goals, Retirement, Investment andProtection plans. It is our endeavor to assist you in making the right investment choices and guiding youto a secure and promising financial future. Please feel free to visit and TALK TO US again.As your Relationship Manager, I thoroughly enjoyed our interaction and look forward to assisting you inplanning your investments and achieving your goals.
Sincerely,Sandeep KumarMobile: 9769 114685
Your annual income is
Rs.250,000
while your annual expenses are
Rs. 100,000
. You have also indicated anavailable investible surplus of
Rs.60,000
per annum.
Your Goals
You have also indicated that you would ideally want to retire at the age of
58
and be able to maintain adesired lifestyle post-retirement. We have created a plan for you which will help you plan for yourretirement.
ICICIdirect Wealth G.R.I.P Report - 1 of 5 -
Your NamePlan DateYour Relationship Manager01/09/08anjay SSandeep Kumar
Annual IncomeAnnual ExpensesInvestable Surplus050000100000150000200000250000300000
25000010000060000
Your Net Worth (Rs.)1,500,00040.00%24.00%Annual Expenses as a% of IncomeInvestable Surplus asa % of Income
GoalAmountStart
Vehicle75,0002 yearsDream Vacation100,0003 yearsMajor Expenses in future300,0005 years800,00015 yearsRajesh – Post Graduation
Your Income and Expenses Your Annual Income and ExpensesWealth G.R.I.P. Report
 
Based on your inputs to our risk profiler, we have assessed you as a
BALANCED
Investor. You shouldideally invest in a mix of equity and debt products which provide higher returns along with some capitalprotection. The Asset Allocation model recommends a perfect mix of investments for you.Asset Allocation: is simply the mix of liquid investments you hold. Your Recommended Asset Allocation isbased on your assessed risk profile. We have listed your current asset allocation vs. your recommendedasset allocation below.Suggested Amount to be re-allocated:
Rs.200,000
It is important to save and invest wisely to maximize your wealth. Your
annual expenses are equal to 40%
of your annual Income. This is the right time to start saving, and invest your savings smartly to make yourmoney work for you.
ICICIdirect Wealth G.R.I.P Report - 2 of 5 -
Household Expenses30%Education Expenses20%Holiday Expenses20%Other Expenses30%
Expenses Breakup
Equity 30%MF Equity Sectoral 5%MF Equity Others 10%MF Balanced 20%MF Debt 20%MF GILT/Liquid 5%Bank/FD 10%
Recommended Asset Allocation
Equity 16%Savings Bank 24%Bank FD 12%Debt 8%Other Assets 12%Life Insurance/ULIP 24%Current A/C Balance 4%
Current Asset AllocationYou are a Balanced InvestorSummary of Expenses
 
You have taken the first step towards achieving your goals by defining them. We suggest you startmonthly SIP investments of
Rs. 16,665.
This will help you achieve your goals and create disciplinedsavings habits.Planning for your retirement is an important aspect of financial planning.Your monthly household expenses today:
Rs.8,000
Your monthly household expenses when you retire at 58
: Rs. 30,000You need to accumulate a retirement corpus of Rs.32,000,000 to maintain your desired lifestylepost- retirement. To achieve this goal and retire by the age of 58, it is recommended that youstart investing Rs. 4,620 monthly. 
Increase in your Monthly Household Expenses when you Retire at 58 years
ICICIdirect Wealth G.R.I.P Report - 3 of 5 -
Total SIP investment required to achieve General Goals :Rs.11,655Rs.5,000Total SIP investment required for all Goals :Rs.16,665Total SIP investment required to achieve Rajesh's Goals :
05000100001500020000250003000035000
5.50%200,000Inflation RateConsideredYour PF Corpus Today(Rs.)
General Goals StartWant to purchase a new car?2 years90,7503,265Want to go for a dream vacation?3 years133,1002,950Future Value(Rs.)Monthly SIP(Rs.)
GoalStartPost-Graduation15 years33,41,8005,000For RajeshFuture Value(Rs.)Per Month SIPInvestmentRecommended(Rs.)
Planning for your GoalsPlanning for your Retirement

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