Why should you have a Financial Plan?

Achievement of any goal needs a well thought out plan. Similarly, achievement of your financial goals needs a financial plan.

Consider the following questions about your financial future:

• Do you know if your PF would be enough to give you a comfortable retirement?
• Do you know how much you need to invest in order to have a comfortable retirement?
• Do you know how much you need to save up in order to get an MBA education for your 1 year old after 20 years?
• Do you know how much you need to invest today to get your 10 year old daughter married after 15 years?
• Do you know in which investment avenues should you invest your money to achieve these goals?
• Do you know which mutual fund schemes you should invest in, and how much, in order to achieve these goals?
• Do you know if you have enough life insurance cover – something that can take care of your loved ones after you?
• Do you know what kind of life insurance you should buy?
• Do you know how much health insurance do you need?
• Do you know what your net worth is?
• Do you know what your asset allocation is?

A financial plan would help you answer these questions, and more.

What does “My Financial Plan” include?

• A road map for making Investments in order to achieve your goals – with specific and actionable investment advise (including the name of mutual fund scheme, amount to be invested, etc)
• Analysis of your life insurance needs
• Analysis of your health insurance needs
• Retirement planning for you
• Analysis of your asset allocation
• Calculation of your net worth
• Analysis of your cash flows
• Finding out your liquidity profile
• Calculation of your emergency / contingency find requirements

It would also contain concrete suggestions for improving on all these aspects.  Please contact AssuredGain at 7200039282 for comprehensive financial planning.