EXPENSES PRE RETIREMENT

pm pa
Electricity 6000 72000
Clothing 4000 48000
Cooking and cleaning 15000 180000
Food and gas 20000 240000
Travel 5000 60000
Leisure 8000 96000
Repairs and Maintanence 3000 36000
Health Insurance Premium (self) 705 8460
Health insurance premium (parents) 2039 24468
Life insurance (self) 1,781 21372
65525 786300

https://www.makaan.com/iq/city/what-is-the-cost-of-living-in-gurgaon
https://fastfox.com/blog/cost-living-gurgaon/

BALANCE SHEET
Assets Amt Liabilities Amt
House 1000000 Credit Card 210000
Gold Bullion 1500000
Bank Fixed Deposit 1000000
Loan to Friend 10000
Cash 300000
Total 3810000 Total 210000

Amount (Rs.)
Source of Income Monthly Annualy
Salary 125000 1500000
Rental Income 23,000 276000
Total 148000 1776000
 Expenses Break-Up

Electricity Clothing
Cooking and cleaning Food and gas
Travel Leisure
Repairs and Maintanence Health Insurance Pre
(self)
Health insurance premium Life insurance (self)
(parents)

Assets 3810000
Liabilities 210000

Sources of Income

Salary
Rental Income
Up

Clothing
g Food and gas
Leisure
nence Health Insurance Premium
(self)
emium Life insurance (self)

Net-Worth
210000

3810000

Assets Liabilities
Goal : MARRIAGE

Particulars
Corpus required today 5000000
Inflation Rate (p.a.) 4.90%
No. of Years 5
Future Value $6,351,077.98

Future Value of Assets sold 3,492,990.52

Required Corpus for achieving goal $2,858,087.46
Per Month Investment $19,563.66

Calculation of Future Value of Assets sold for achieving the goal

Assets Current Value growth rate/yield
Gold 1500000 7.45%
FD 1000000 6.10%

Calculation of per month Investment Required

Investment Proportion of Investment Rate of Return
Mirae Asset emerging bluechip fund 80% 15.75%
SBI magnum constant maturity fund 20% 10.11%
e goal
Future Value
2148440.63643
1344549.8838

nth Investment Required

Real ROR FVIFA Per Month Investment
10.34% 78.1434438778 $15,650.93
4.97% 67.9482197967 $3,912.73
146.091663675 $19,563.66
Goal : CAR

Particulars
Car Corpus required today 792793
Inflation Rate (p.a.) 2.90%
No. of Years 3
Future Value $863,785.54

Rate of Return 8.51% (Annualized 3 Year Return)

Real ROR 5.45%
Per Month Investment $23,921.90
Goal : EUROPE TOUR

Particulars
Corpus required today 1500000
Inflation Rate 2.20%
No. of Years 10
Future Value $1,864,662.41

Per Month Investment $5,288.33

Calculation of FVIFA for 8 years

Axis Mid Cap FundInvestment
- Proportion of Investment Rate of Return
Direct Plan - Growth
ICICI Prudential Bond 80% 11.72%
Fund - Direct Plan - Growth 20% 8.31%

RE-BALANCING
Calculation of FVIFA for 8 years
Axis Mid Cap FundInvestment
- Proportion of Investment Rate of Return
Direct Plan - Growth
ICICI Prudential Bond 20% 11.72%
Fund - Direct Plan - Growth 80% 8.31%
Real ROR FVIFA for 8 years Per Month Investment
9.32% 141.81158967127 $4,230.67
5.98% 122.71610199441 $1,057.67
264.52769166569 $5,288.33

Real ROR FVIFA for 2 years FV for 2 years Per Month Investment
9.32% 26.269555032004 63.2209766047945 $1,057.67
5.98% 25.426627105345 237.68208538828 $4,230.67
51.696182137349 300.903061993074 $5,288.33
Goal : House

Corpus required today INR 6,500,000.00

Inflation Rate (p.a.) 6.50% https://www.ceicdata.com/en/indicator/india/house-pric
No. of Years 3
Future Value INR 7,851,672.56

Future Value of Assets sold INR 3,623,848.88

Required Corpus for achieving goal INR 4,227,823.69
Per Month Investment INR 49,830.76

Calculation of Future Value of Assets sold for achieving the goal

Assets Current Value Growth rate/Yield
House INR 3,000,000.00 6.50%

Calculation of per month Investment Required

Investment Proportion of Investment
Axis dynamic bond fund- Direct Plan - Growth 50%
ICICI Prudential Gold ETF 50%
Total 100%
w.ceicdata.com/en/indicator/india/house-prices-growth

Future Value
INR 3,623,848.88

equired
Rate of Return FVIFA Per Month Investment
8.84% 41.053174406 INR 24,915.38
13.07% 43.790483998 INR 24,915.38
84.843658404 INR 49,830.76
1) Post retirement expenses are 90% of Pre-retirement Expenses

Pre-retirement Expenses 786300 p.a

PV of Post-retirement Expenses 707670 p.a.

2) Calculation of expenses @50years of age

PV of Post-retirement exp 707670 p.a
No. of years until retirement 25 years
Inflation Rate 6%
FV of Expenses ₹ 3,037,228.15 p.a.

3) Calculation of Expected Rate of Return

Weights Intrument 5 Yr return
0.2 NPS- LIC Pension fund Scheme G- Tier II 10.15%
0.4 Axis Long Term Equity Fund - Direct Plan - Growth 11.70%
0.4 Mirae Asset Emerging Bluechip Fund -Direct Plan - Gr 15.75%

Weighted Average Retur 13.01%

4) Calculation of Real Rate of Returnm
Inflation 6%
ROR 13%
Real ROR 6.60%

5) Calculation of PVAdef

Annuity ₹ 3,037,228.15 p.a

Real ROR 6.60%
No. of peri 20 years
PVA def $ 33,191,613.25

6) Calculation of PMT to be invested

FVA def $ 33,191,613.25

No. of peri 300
Rate of ret 1.08%
PMT ₹ 14,744.27

Hence, The client needs to save rs.14,744.27 monthly in order to accumulate the retirement corpus amount.
tirement corpus amount.
 Recommended Investment p.m. (Rs.)
Age Car Marriage Tour Institute
25 ₹22,139.66 ₹19,563.66 ₹5,288.12 ₹49,830.76
26 ₹22,139.66 ₹19,563.66 ₹5,288.12 ₹49,830.76
27 ₹22,139.66 ₹19,563.66 ₹5,288.12 ₹49,830.76
28 ₹22,139.66 ₹19,563.66 ₹5,288.12 ₹49,830.76
29 ₹19,563.66 ₹5,288.12 ₹49,830.76
30 ₹19,563.66 ₹5,288.12 ₹49,830.76
31 ₹5,288.12 ₹49,830.76
32 ₹5,288.12 ₹49,830.76
33 ₹5,288.12 ₹49,830.76
34 ₹5,288.12 ₹49,830.76
35 ₹5,288.12 ₹49,830.76
36 ₹49,830.76
37 ₹49,830.76
38 ₹49,830.76
39 ₹49,830.76
40 ₹49,830.76
41 ₹49,830.76
42 ₹49,830.76
43 ₹49,830.76
44 ₹49,830.76
45 ₹49,830.76
46
47
48
49
50
nt p.m. (Rs.)
Retirement Total (p.m.)
₹14,744.27 ₹111,566.47
₹14,744.27 ₹111,566.47
₹14,744.27 ₹111,566.47
₹14,744.27 ₹111,566.47
₹14,744.27 ₹89,426.81
₹14,744.27 ₹89,426.81
₹14,744.27 ₹69,863.15
₹14,744.27 ₹69,863.15
₹14,744.27 ₹69,863.15
₹14,744.27 ₹69,863.15
₹14,744.27 ₹69,863.15
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹64,575.03
₹14,744.27 ₹14,744.27
₹14,744.27 ₹14,744.27
₹14,744.27 ₹14,744.27
₹14,744.27 ₹14,744.27
₹14,744.27 ₹14,744.27