INCOME PLANNER FOR 2

STEP 1: ESTIMATION
This step will help you find the amount required for 2 years.
Enter your monthly expenses.
EXPENSE PLANNER FOR 2 YEARS
NOTE: PLEASE INCLUDE ONLY YOUR "MUST-HAVE EXPENSES"
MONTHLY EXPENSES
TYPE OF EXPENSE AMOUNT (Rs.)
Groceries 20,000
Gas 500
Water Bills 500
Electricity 5,000
Fuel 1,000
Medical/Hospital 5,000
Phone Bills 2,000
Newspaper 500
Dish Bills 2,000
House Rent/ Maintenance 15,000
Insurance 1 5,000
Insurance 2 5,000
Insurance 3 5,000
Personal loan EMI 5,000
Car loan EMI 5,000
Home loan EMI 5,000
Tax Paying 5,000
Miscellaneous 5,000
MONTHLY EXPENSE 91,500
ANNUAL EXPENSE 1,098,000
TOTAL EXPENSE FOR 2 YEARS 2,196,000
NER FOR 2 YEARS
STEP 2: SOURCE OF FUNDS
Enter the money you have in the various investments.
* Please arrange funds to make this Remaining corpus required zero.
SOURCE OF FUNDS
TYPE AMOUNT (Rs.)
REQUIRED CORPUS 2,196,000

Emergency funds 600,000

PPF 96,000
EPF 500,000
FD/Other savings 1,000,000
TOTAL INVESTMENTS 2,196,000

REMAINING CORPUS REQUIRED 0

* Please proceed to Sheet 2: Plan

 STEP 3: INVESTING IN FUNDS
First we will see "How to invest for 1st year income"
The amount needed for the first year is Rs. 1,098,000
In the first year, the plan is to invest Rs. 1,098,000
in Liquid funds and to withdraw Rs. 91,500
via SWP.
INVESTING IN FUNDS
HOW TO GENERATE INCOME FOR 1ST YEAR
TYPE AMOUNT (Rs.)
Liquid funds 1,098,000
SWP 91,500 P.M

Now we will see "How to invest for 2nd year income"

At the beginning of the first year itself, we have Rs. 1,098,000
as idle funds. So this is invested at the beginning of the 1st year itself.
So, Option 1(A) is to invest Rs. 1,098,000
in fixed deposit and at the end of the first year, the maturity amount of Rs. 1,152,900
from fixed deposit is to be invested in liquid funds and Rs. 96,075
can be withdrawn via SWP.
HOW TO GENERATE INCOME FOR 2ND YEAR
OPTION 1(A)
TYPE AMOUNT (Rs.)
Fixed deposit 1,098,000
Rate of Interest 5%
Total maturity amount from Fixed deposit 1,152,900
(Invest in liquid funds)
SWP 96,075 P.M

For generating the 2nd year income, Option 1(B) is to invest the total
maturity amount from fixed deposit,i.e. Rs. 1,152,900
in liquid funds and withdraw only Rs. 91,500
via SWP and later withdraw Rs. 54,900
(additional reserve)
OPTION 1(B)
TYPE AMOUNT (Rs.)
Total maturity amount from Fixed deposit 1,152,900
(Invest in liquid funds)
SWP 91,500 P.M
Additional reserve 54,900
 At the beginning of the first year itself, we have idle funds, Option 2 is to invest a slightly lesser
amount at a discounted rate in fixed deposit,i.e. Rs. 1,043,100
which will mature at the end of the first year to Rs. 1,098,000
and then it can be invested in liquid funds and Rs. 91,500
can be withdrawn via SWP
HOW TO GENERATE INCOME FOR 2ND YEAR
OPTION 2
TYPE AMOUNT (Rs.)
Amount required 1,098,000
Interest 5%
The amount to be invested at a discounted rate 1,043,100
(Invest in liquid funds)
SWP 91,500
P.M