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CONFIDENTIAL

for

I would like to take this opportunity to thank you for choosing me as your financial planner. Once the report has been presented and discussed. and the final payment of Rs. due with acceptance of these terms. client files may also be reviewed by Financial Co’s supervisory and compliance departments.3000.review asset allocation and investment holdings. understood and accept the terms outlined in this engagement letter. Mr. You will also need to advise me of any material changes that would impact financial planning decisions or strategies in place. Paritosh Das 08/03/2013 ___________________ Date .1000 due with the set up of the action plan. Malda-West Bengal. My financial planning service will: . Paritosh Das Rly Qtr No-162(B). recommend appropriate investments and strategies for consideration. Postal Code:732102 Dear Mr. I am paid a commission on the placement of financial products. Our professional relationship is an on-going one. .discuss your current and long term planning goals and objectives. The charge for this service is a flat fee of Rs. My written financial report will detail all of the financial analysis. PARITOSH DAS Mr. payable in 3 installments: Rs1000. we will set up an action plan to implement the planning recommendations that you want to do. . Das.identify future sources of retirement income.LETTER OF ENGAGEMENT FOR MR.determine your current financial position. Paritosh Das _____________________ Mr. with scheduled reviews to monitor the plan’s progress. Yours truly. Please be assured that your personal information will be kept confidential. As we discussed at yesterday’s meeting. Rs. i need you to provide full and accurate disclosure of all relevant information and documents in a timely manner. and set out the assumptions used in the retirement projections. Pralay kumar Das. this letter will detail the terms of my financial planning service and relationship between yourself and me. . Jhaljhalia. In order for me to provide a quality service.1000 due with the presentation of the report. In keeping with my compliance and regulatory policies. In addition to this flat fee. CFP I have read.

PARITOSH DAS 16th Feb 1958 55 years 60 years O(+) AZOPD8190K J7611883 UYN5190317 RLY QTR NO-162(B) KALIBARI COLONY JHALJHALIA MALDA-732102 WEST BENGAL OCCUPATION CENTRAL GOVT. EMPLOYEE EMPLOYER INDIAN RAILWAYS(N.F. CHAINA DAS WIFE PRADEEP KUMAR DAS SON PRITI LATA DAS DAUGHTER .STATION ROAD JHALJHALIA MALDA WEST BENGAL PIN-732102 FAMILY MEMBERS NAME RELATIONSHIP AGE 55 YEARS 23 YEARS 25 YEARS STATUS HOUSE WIFE EMPLOYED MARRIED DEPENDENT YES NO NO MRS.RLYS) EMPLOYER'S ADDRESS NF RLY OFFICE.PERSONAL INFORMATION NAME DATE OF BIRTH AGE RETIREMENT AGE BLOOD GROUP PAN NO PASSPORT NO VOTER ID NO DRIVING LICENCE NO ADDRESS MR.

Pralay Kumar Das for my given situation and objectives. or to formally engage Mr. I indemnify Mr. I agree to a charge of Rs. Pralay Kumar Das from any liability that may arise from this information being incorrect. Signed: Paritosh Das Date: 08/03/2013 The statutory environment in this country may change from time to time therefore it is important that a client should review any financial planning recommendations made to ensure that these remain valid. which are made from this information. I understand that any financial planning advice will only remain valid while my situation does not change or while I am progressing on a recommended course of action. .Declaration I hereby declare that any information supplied in this questionnaire is correct and I understand that this information will be used towards creating my financial plan. I understand that it is my responsibility to choose to or not to implement any recommendations made as a result of this plan.3000 for the preparation of a financial plan by Mr. A client should also review their plans from time to time to ensure that their objectives or situation have not changed dramatically necessitating an alteration of their plans. Pralay Kumar Das to implement these recommendations for me. or my failure to implement any recommendations.

000 PRE-PLAN CASH FLOW STATEMENT (As on 10th march 2013) Particulars CASH INFLOWS: Salary after tax & contribution to GPF(Rs.50. 100000) Total Cash Inflow CASH OUTFLOWS: Household Expenses LIC Premium Total Cash Outflow TOTAL SURPLUS(Total Cash Inflow.000 4.10.10.10.PRE-PLAN NET WORTH STATEMENT (AS ON 10th March 2013) CURRENT LIABILITIES NIL SURPLUS (Balancing figure) AMOUNT(Rs.000 60.000 4.00.Total Cash Outflow) Amount(Rs) Amount(Rs) 500000 500000 300000 15000 315000 185000 .) 2.000 AMOUNT(Rs.000 1.) CURRENT ASSETS Gold Ornaments GPF Savings Bank Account 4.

000 EXPECTED COSTRs.4.2 lakh and after that 0. Current cost. Purchase of car. Paritosh Das). Tour to Malayasia-10 years from now.15.5 lakh will be required each year at current cost for 5 consecutive years. Current cost. Purchase of Flat: 10/03/2013 10/03/2019 CURRENT COSTRs.7 2.10 lakh.15 lakh. Purchase of Shop: 10/03/2018 10/03/2013 CURRENT COSTRs. 717814. 100000 per annum as rent. 2314952.  Accumulate corpus for grand child’s education-21 years from now. Current cost.00.000 EXPECTED COSTRs.(70% exp will be borne by Mr.     Purchase of Flat . 1.5 lakh will provide a cash inflow of Rs.288 . Current cost.00.5 lakh. Current cost.GOALS:  Purchase of Shop at the time of retirement. Current cost. Son’s marriage expenses.5.8 lakh.

Son’s marriage expenses: 10/03/2013 10/03/2019 CURRENT COSTRs. Purchase of Car: 10/03/2013 10/03/2020 CURRENT COSTRs.00.10. 1080311. Das] 4.3.1 [Note: 70% of marriage expenses will be borne by Mr. 802565 .50.000 EXPECTED COSTRs.4.000 EXPECTED COSTRs.

Vacation( International + Domestic): International tourExpected costRs.000 Domestic tourExpected CostRs. 50. Accumulate corpus for grand child’s education-21 years from now: 10/03/2013 10/03/2034 CURRENT COSTRs.000 Domestic-Rs.4 Domestic tourExpected CostRs. 110780.00. 2.5.3 2023 2024 2025 2026 2027 2028 Current CostInternational-Rs. 412206. 110780. 3653152 .4 Domestic tourExpected CostRs.4 6. 110780. Domestic tourExpected costRs.3 10/03/2013 Domestic tourExpected costRs. 412206.800000 EXPECTED COSTRs.

PRE-RETIREMENT ASSET ALLOCATION DEBT FUND 40% BALANCED MUTUAL FUND 60% BALANCED MUTUAL FUND 0% POST-RETIREMENT ASSET ALLOCATION DEBT FUND 100% .

189 5000000 4000000 3000000 2000000 TOTAL EXPENSES NET WORTH 1000000 0 2013 -1000000 2014 2015 2016 2017 2018 -2000000 .33 4003772.367 430757.1.798 -1631088.5 689940.2 398186.6102 1427036. PRE-RETIREMENT ASSET ALLOCATION: YEAR TOTAL EXPENSES NET WORTH 2013 2014 2015 2016 2017 2018 315000 185000 340500 412630 368167.7375 1025000.

961 1064293.9656 807796.316 .498 1412213.5695 831512.9896 613371.776 647691.053 2156577.794 1326515.4779 716304.164 3104075.032 1532954.259 3668062.0614 960278.782 1219604.7378 993295.574 4801028.7863 667723.4058 717802.1353 799563.4181 1067792.2.6613 771637.334 NET WORTH 1043494.479 1761558.7004 743780.6136 616041.9189 923995.681 447694.198 2706555.9059 930292.205 448317.964 1233967.8609 829510.1217 481940.756 2602256.6455 859530.8871 1104015.378 1426004.417 2086465. POST-RETIREMENT ASSET ALLOCATION: TOTAL YEAR EXPENSES 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 3783206.635 1541582.

5000000 4500000 4000000 3500000 3000000 2500000 TOTAL EXPENSES NET WORTH 2000000 1500000 1000000 500000 0 2026 2031 2019 2020 2021 2022 2023 2024 2025 2027 2028 2029 2030 2032 2033 2034 2035 2036 2037 2038 .

5% and standard of living is also increased by 1% per annum during pre-retirement phase. 11. Das. Life Expectancy of Mr & Mrs Das is 80 years. 12. Debt Fund provides 8% return. Balanced Mutual Fund provides 11% return. The plan has been formed taking into consideration the present economic conditions. 60% of Net Surplus has been invested in Balanced Mutual Fund and 40% of Net Surplus in Debt Fund. 70% of Mr. 6. 8.is taken as pension. Central Government Pension is inflation adjusted. In pre-retirement phase. 5. 80% of pre-retirement expenses has been taken as post retirement expenses. . Rate of Inflation is taken @ 7. 9. Mr. Regardless of the size of an estate.5% 2.5% per annum. House hold Expenses are increased @ 7. Salary is increased by 10% per annum before retirement. 50% of salary . I must suggest he would buy the car after two years. 7. In post-retirement phase. Das would not be able to purchase car. Das should have a will. 3. Review and Monitoring This financial plan will be reviewed after 3 months. living will.at the time of retirement. and necessary changes will be advised to be made. 10. As at the time of retirement Mr. 4.increased @7. Assumptions and Suggestions 1. durable power of attorney. and health care proxy .Estate Planning Mr.100% of Net Surplus and accumulated amount has been invested in Debt Fund. Das’s son’s marriage expenses are borne by Mr. Das has been advised to make necessary nominations where required and also make a will and get it registered.

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