Netwoth statement of Mr.

Khann
Liabilities

Assets

Housing Loan
Personal loan
Outside loan

2,000,000 Liquid Assets

200,000 SB Account
200,000
Total
Investment Assets
Bank Deposit
Life Insurance
Mutual Funds
Total
Personal Assets
Self occupied home
Jewellery
Plot
Total

Total

2,400,000 Deferred Assets

PF
Grand Total

Networth

6,870,000
9,270,000

Debt Ratio
Liquidity Ratio
Savings Ratio

19.72%
0.41
12.82%

Khann

Income and Expenses Statement of Mr. Khann

Assets

Income
50,000
50,000
100,000
20,000
100,000
220,000

Description
Income from Salary
Income from business
Rental income
Inverstment income
Medical reimbursement
LTA

6,000,000
1,000,000
2,000,000
9,000,000

0
9,270,000

Total

Monthly
Annual
110,000
1320000
0
0
12,000
144000
20,000
240000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1704000

Expenses
Description
Monthly
Annual
Non Discretionary Expenses
Living expenses
25,000
300000
Travel
10,000
120000
Education
10,000
120000
Taxes
22,000
264000
Rent
12,000
144000
Financial commitments
0
Life Insurance premium
1,800
21600
PF Contribution
2,000
24000
RD
2,000
24000
SIP MF
10,000
120000
Total
94,800
1137600
Loans - Housing
20,500
246000
Car Loan
7,500
90000
Total
28,000
336000
Sub total
122,800
1473600
Discretionary Expenses
0
Donations and Gifts
Total
Grand Total
Discretionary Surplus

1,000

12000

1,000

12000
0
1485600

123,800

218400
1704000

Life Insurance Need Analysis

Present age of the bread winner
Current annual income after taxes
Retirement age
Earning span

25
420,000
58
33

Growth rate in income

Self Manitenence expenses
Discount Rate
Premium paid for existing life insurance
Amount of liver cover presently held
Current income after taxes
Self maintenenace and Insurance premium
Income available to the family
Number of income producing years
Increase in income
Real rate of return
Discount rate

8%
180000
0
0
0
420,000
180,000
240,000
33
8%
0.93%
9%

HLV considering increase in income

HLV without considering increase in income

Rs. -6,797,507.63
Rs. -2,511,465.74

Education Planning
Class in which son is studying
Number of years left for college education
Current cost of preferred education
Number of years the amount is required
Inflation assumed on education cost
Education cost requirement
The amount required for the fist year of education
The amount required for the second year of education
The amount required for the tgird year of education
The amount required for the fourth year of education
Investment required
Amount to be invested every month for the 1st year cost
Amount to be invested every month for the 2nd year cost
Amount to be invested every month for the 3rd year cost
Amount to be invested every month for the 4th year cost
Total
The rate of return assmed for investment

LKG
13
-150000
4
6%
Rs.
Rs.
Rs.
Rs.

319,939.24
339,135.59
359,483.73
381,052.75

Rs. -997.94
Rs. -924.48
Rs. -860.16
Rs. -803.30
Rs. -3,585.88
10%

13
14
15
16

Rs. -932.18

Retirement Planning
Current living expenses
Number of years left for retirement
Life expectancy after retirement
Inflation assumed for 33 years till retirement
Rate of interest assumed after retirement
Amount required at the time of retirement considering
inflation
Superannuation
Net amount require at the time of retirement
Real return with 5% inflation
Corpus required to be created to meet the above retirement need
without considering inflation
Corpus required to be created to meet the above retirement need
considering inflation @ 5%
Existing investments and retirement benefits which can be utilised
for retirement
PF Accumulation
Corpus that could be realised out of employers PF contribution
diverted to pension
Corpus that could be realised out of employers PF contribution that
is credited to employees PF
Shortfall in the corpus required for retirement
Amount required to be invested every month in an instrument which
gives 12% per annum

-15000

-180000
33
20
5%
8%
Rs. 900,573.94
0
Rs. 900,573.94
2.86%
Rs. -44,508,994.97
Rs. -13,964,867.21
1000000
1000000
1000000

Rs. -41,508,994.97
Rs. 8,148.61

12%

Life Insurance Need Analysis

Present age of the bread winner
Current annual income after taxes
Retirement age
Earning span
Growth rate in income
Self Manitenence expenses
Discount Rate
Premium paid for existing life insurance
Amount of liver cover presently held
Current income after taxes
Self maintenenace and Insurance premium
Income available to the family
Number of income producing years
Increase in income
Real rate of return
Discount rate
HLV considering increase in income
HLV without considering increase in income

Education Planning
Class in which son is studying
Number of years left for college education
Current cost of preferred education
Number of years the amount is required
Inflation assumed on education cost
Education cost requirement
The amount required for the fist year of education
The amount required for the second year of education
The amount required for the tgird year of education
The amount required for the fourth year of education
Investment required
Amount to be invested every month for the 1st year cost
Amount to be invested every month for the 2nd year cost
Amount to be invested every month for the 3rd year cost
Amount to be invested every month for the 4th year cost
Total
The rate of return assmed for investment

Retirement Planning
Current living expenses
Number of years left for retirement
Life expectancy after retirement
Inflation assumed for 33 years till retirement
Rate of interest assumed after retirement
Amount required at the time of retirement considering
inflation
Superannuation
Net amount require at the time of retirement
Real return with 5% inflation
Corpus required to be created to meet the above retirement need
without considering inflation
Corpus required to be created to meet the above retirement need
considering inflation @ 5%
Existing investments and retirement benefits which can be utilised for
retirement
PF Accumulation
Corpus that could be realised out of employers PF contribution diverted
to pension
Corpus that could be realised out of employers PF contribution that is
credited to employees PF
Shortfall in the corpus required for retirement
Amount required to be invested every month in an instrument which
gives 12% per annum

anning