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Discuss in Detail About Your Financial Planning Requirements With Our Expert Panel

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 How to Do Your Financial Planning?


Calculate you net current monthly EXPENSES. (you will realise how important you are to your family)

Calculate money yourDEPENDENTS need in next 10 years to maintain current standard of living =(b).

Calculate your currentRETURNS on investments made =(c).

(b)-(c)=Life insurance cover YOU must have.

PLAN your finances today, becasue tomorrow it could be too LATE to plan.

Everyone works for money but very few actually plan about their money in order to meet each of their objectives.Financial planning must be done with regards to all activities concerning a person and in different viewpoints. 

A Financial Plan should be such that it should honestly reflect all possible hurdles of your life and must also create buffer for possible unexpected events.

1) Consider the possible difficulties.

When doing your wealth inheritance or financial planning, plan in the context of the most unexpected situations and turmoil.

2) Think about what can happen. If you or anyone of your loved ones die, what would be the consequences to be faced by yourself and / or your loved ones?

  • What are the situations which would change then?
  • Are these changes that what you would desire for?
  • If yes, then let it happen and you would not need to plan in this context.

3) Ask yourself if you have a back-up plan. If you or anyone for whom you are responsible for, turns seriously ill or meets with an accident, is there any back-up plan which would take care of that risk?
These are based on the fact that in any financial plan must consider;

  • Risk Evaluation - where all such risks are considered
  • Risk Assessment - where the far reaching implications of each risk is assessed
  • Risk Management - developing a strategy to manage all possible implications and handing over the critical risks to a professionally managed risk-management company

4) Consider risks and steps to take. After considering all such risks which could be related to your business like the after-effects of the death of a partner, death of the bread-winner, death of an earning parent etc., we step into wealth management plans.

  • How would you like to inherit ancestral property or pass it on to your children or relatives?
  • Would you like to pay 50% as inheritance and wealth tax etc. or have a comprehensive plan where you could save millions of tax money?
  • A retirement plan is simply all the expenses you are bearing in a month now add an expected inflation rate in twenty years ahead when you would be 55 years. Now calculate your monthly expenses (with additional medical expenses forecast as all would have ailments at and beyond 55 years) multiplied with 12 x 20, viz. for 20 years i.e. 75 years being the average life-span.
  • This amount is what you should have at the age of 55.

5) Think about health plans and educational plans.

There are also educational plans, family health plans etc.



  • Get the advice of a professional who has qualifications of the CFP or similar financial planning designation.
  • Don't think of doing it tomorrow as tomorrow is not ours when it might be already too late.
  • Start now and meet yourfinancial planner here.


  • Before taking ones advice make sure all your objectives and your current situations are well furnished.
  • Take financial advise from a person who has a proven track record and is knowledgeable.
  • Don't expect anyone to know everything, so never disregard a "worthwhile" second opinion.