aa SES NERS Sateen Sat your ge? Tp gts Fat f FCO ems In uszon MARKET STATS” 38166 yam 10879 vem 3188200 400 TOO? v.01 5 calculators that can make financial planning easy Iryousre avoidng tance planning ue to completed calsatons, here ae the Toma and calcuatos atl ease you ask 000020 4 - ee ore ate to forme an calctrs na wi ‘aso your task says ET Woath Retirement planning 4. Future goal value YU _— ‘Wat cous yout nave save \ Gores eon eer on? SS via cine ee a acts mroinoursetoane Ta ticonienereicaesccmien — MUN ee ‘he current one because inton wil increase tre value ofthe corpus you need. For ‘Amutual fund portfotioto stance, you want sve fr your tree-oar-o4 chs edueaton for a course tat create a retirement corpus caste Re 10a today you wl have ond out hw ch wil cost 18 years am nam, considering the rata of eaton st 7 stows you nest eit rua ns or iN Formula ‘Without the call, youl have fo find out the ature vale by using this forma feryaureene? FV=PV( e100 Fv Fue value ost sn SU ese egaronne iis est maa aero ave ONS TUW ae ee 1) omeauty arin tur tom Reset lig» Pv. Present value ition ate SPOTLIGHT 1 Number of yes fo gal a Inthe above example, the future value ofthe goal willbe: FV= 10.00.0001 1100)15 FV=Rs 27 50lekh ‘calewator ip tne sbi egecrientCaleSingleFV him 2. Retirement corpus How much money wil you oedin retirement so youcan ead a comortatle fo witeuto Wl eet hose Siddhartha Lal corpus runing dry? ‘opens up on Eicher’ future ‘Why do you need it? speoksto Neha Chatevaa abet ho ee caesar | Soeceere ts cent cache aryartaureueren compocanccczeces | sober ocnpes _— Seo anewomcoman amare eee eae ean Se aca rceame Sapo ee eee ee = + RYH =H] 1) 100 Rate oretun ata erement WestRend | West Shand Metco nfaion rte Fal, cleat he corpus you wi ood at ebrement by using is emda S= Pu=xit-qin iain You erent nian shld be mse 1 Nf yeas afr retrement sentient i ation susted return Sie pectangmay ace angry eat X (Inator-adusted expense at element x(% age of annual expenses eer revementy ‘ete i strat ea? ‘The coae che youwneedio etre 208 You wi ao havo to atria the existing imesimonts adhe fro vale af He of is chngmn ze thn edhdyotr retroment. Ths figure can bo removed fom the carpus ales pov Ccaleuator hips tw porsoaln comtallatortrmant-cakulalor apn wandiag aa 3. Goal corpus Iatenaienses Penny Fac Gest Iryouiesta fied amount ponicaly, what wi bo the S20 othe corpus aera spoctic (Fes wanes tuorees Frans cy ny do you need it? ‘We nvosing for goals, you need to kw not ont the coms fo amass, but Ako he amount to wos future anuty) for a given corpus You cul als be investing forent venues, ay, EPF NPS, FDS and mutual funds, and would wantte knew Row much each = vl yl to usd @ compost corpus, Formula Fine vale of opus er vestran by using oma Fv= Ris Init FV Fur vate o ant or ste corn Pete vestment roqired F nerestate pee If 30.yerold wants to save Rs 50 ah ora goal in 15 years by ivestng every ment itv ine investment grving at 12%, te investment requred per man will 00.000 =F + 1200}15 1} 12 Fs 10008 per month Cale |A) MUTUAL. FUNDS CORPUS OR SiP VALUE For corpus hp:sipeaindatr nest For SIP: hp wn funding. com/contentspiakuators/MuultindSipCalActondo? metnod-sipCalcome For SIP: hes /economicimes ndames conweatt calcutta sse-plannetoo! 5) EPF CORPUS tps economictimes inate comeathcaeulstoslemployase provientind (0) NPS PENSION AND LUMP SUM ON MATURITY hptoew npstust org inicontentpension calculator hos teconomtmes indatines comeatcaculsersnpscakusor D) FIXED DEPOSIT CORPUS tpsit.clcustorn ps veconomtmes indatines.comweathcaculaosa cacao 4 Lite insurance ‘ina should hea ete tem pan so st your tami ef nana ecru 06? ny do you need it? ‘le ae often stumped by he quanta of cover we ragute to aura our ves. Though he rcugh estate olf cover needed by person's 8-10 nes he arrval come, is actualy a factor of app, earings, asst, habits and dopondants. Since may be ict o make the caulation based on these factors, seas to fal ack on the Formula Fora.35:year-o, who pans to tie at 0, hasan annual sally of Rs 96 ah and ‘monty expenses of Rs 30,000, the sum assured can be cated as olows: Find the cunt annual expenses of your family and using the utr valu calculator, tnetcn at 7% determine he future anna! expanses (A) or 25 years Fra to ttl assets) and abies (1, subtracting the former tm he ati EX = 3), Assume the assets o be woth Rs 20 lakh (EPF. mutual ind, ec) and abies (heme loan, vei ean ee) tobe worth 40 ak Then consider ther expenses you ao they oincu, such as childs ection (C) iv Nou, 2d thes0 up (A810) and Bs wl be tho aroun ie cover that you noe Rs24 cro 16: X= Ro 40 ok) 20 lak = Rs 20a |= Rs Dak Lie cover: Ris 24 crore + R520 lakh + Ris 30 k= Rs 2.9 crore Ccaletator ios nna com nancat ook calctorsuman ifevaue-cacusor 5 Home lean Ett ‘What shoul be the EMI for home loan you can take wihout staring your faances? Why do you need it? itis akmosta gion that you wilbuy a house with he help of @ loan However, tora ‘akong the oan, you shoul alate the sizeof he EMI o krow i you can su the lage ‘xponso every mont witout staning your budget. The sit betwen ho principal and terest ou, as wel a the rpaymentscheduilo over the an tenure, wil let you now ‘he tal amount you ae repayeg, ts a good ids to use the EM calcu thet mast bank webates cary Formula Ifyouwere tat oan of Rs 30 lk ot 6% per annum fr 15 years, hres how youcan celeste he EM EM =P xR x (teRn/[(t+RIN =A] = Prnpal laa ameunt Rate of terest ger month: N= Number of nh instimonts 75/00) 2 = 190,00,000 0 78/100 (1 + 0751003180] (1+ 075/100)80- 1, = Re 30.428 Ccaleuator hips teconomities indaties.comweathcacltershome lean [Poor |k&=s ‘peter JIG | Fm Mc Sroka amar} oan | OST Re Ae a Om es Mo a | ‘uns ecw fares |Sasa wrue| as Geen |sayengs acute In Case You Missed It + We app Pancare > How ok aaansr win ele unbar + How toupite acaa > How oink adh wth Pan » Ho oe TR > calate Gatuty » sansa Sonn Yona Car > rsccate