Financial planning template

8,820 views

Published on

Session 1 of Wealth management course in Christ University Institute of MBA

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
8,820
On SlideShare
0
From Embeds
0
Number of Embeds
1,515
Actions
Shares
0
Downloads
230
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Financial planning template

  1. 1. marriage Year 2010 2011 2012 2013 Age 25 26 27 28 Annual Cash inflows Salary 600000.00 1200000.00 1320000.00 1452000.00 Bonuses and commission 50000.00 109000.00 0.00 Investment income 52350.00 154119.75 297757.52 Other income Total 650000.00 1252350.00 1583119.75 1749757.52 Annual Cash outflows House running (Food and Utilities) 120000.00 196200.00 213858.00 233105.22 House Rent 84000.00 137340.00 149700.60 163173.65 Transportation 24000.00 39240.00 42771.60 46621.04 Medical 12000.00 19620.00 21385.80 23310.52 Clothing 24000.00 39240.00 42771.60 46621.04 Education 12000.00 19620.00 21385.80 23310.52 Recreation (eatouts, movie etc) 18000.00 29430.00 32078.70 34965.78 Outstation holidays 18000.00 29430.00 32078.70 34965.78 Household assets purchase 15000.00 24525.00 26732.25 29138.15 maintenance expenses 12000.00 19620.00 21385.80 23310.52 Large investments EMI Other expenses 12000.00 19620.00 21385.80 23310.52 Total 351000.00 573885.00 625534.65 681832.77 Opening saving 50000.00 349000.00 1027465.00 1985050.10 Savings for year 299000.00 678465.00 957585.10 1067924.75 Closing savings 349000.00 1027465.00 1985050.10 3052974.85 Basic lifestyle expenses 336000.00 549360.00 598802.40 652694.62 Investment income 0.00 52350.00 154119.75 297757.52 Gap -336000.00 -497010.00 -444682.65 -354937.10 Assumptions Salary increase 0.10 0.10 0.10 0.10 Inflation 0.09 0.09 0.09 0.09 Cash Returns on investments 0.15 0.15 0.15 0.15 Inflation index 100.00 109.00 118.81 129.50 Future value calulator Today's amount 1000000 inflation 0.1 years 30 Future value calulation 17449402.27
  2. 2. 1st child(A) 2nd child(B) 2014 2015 2016 2017 2018 2019 29 30 31 32 33 34 798600.00 878460.00 966306.00 1062936.60 1169230.26 1286153.29 59405.00 0.00 64751.45 0.00 70579.08 0.00 457946.23 543859.25 635694.31 753258.10 881317.91 1042124.37 1315951.23 1422319.25 1666751.76 1816194.70 2121127.25 2328277.65 254084.69 276952.31 301878.02 329047.04 358661.28 390940.79 177859.28 193866.62 211314.61 230332.93 251062.89 273658.55 50816.94 55390.46 60375.60 65809.41 71732.26 78188.16 25408.47 27695.23 30187.80 32904.70 35866.13 39094.08 50816.94 55390.46 60375.60 65809.41 71732.26 78188.16 25408.47 27695.23 30187.80 32904.70 35866.13 39094.08 38112.70 41542.85 45281.70 49357.06 53799.19 58641.12 38112.70 41542.85 45281.70 49357.06 53799.19 58641.12 31760.59 34619.04 37734.75 41130.88 44832.66 48867.60 25408.47 27695.23 30187.80 32904.70 35866.13 39094.08 25408.47 27695.23 30187.80 32904.70 35866.13 39094.08 743197.72 810085.51 882993.21 962462.60 1049084.23 1143501.81 3052974.85 3625728.36 4237962.10 5021720.65 5875452.75 6947495.78 572753.51 612233.74 783758.56 853732.10 1072043.02 1184775.84 3625728.36 4237962.10 5021720.65 5875452.75 6947495.78 8132271.62 711437.13 775466.47 845258.46 921331.72 1004251.57 1094634.21 457946.23 543859.25 635694.31 753258.10 881317.91 1042124.37 -253490.90 -231607.22 -209564.14 -168073.62 -122933.66 -52509.85 0.10 0.10 0.10 0.10 0.10 0.10 0.09 0.09 0.09 0.09 0.09 0.09 0.15 0.15 0.15 0.15 0.15 0.15 141.16 153.86 167.71 182.80 199.26 217.19
  3. 3. 2020 2021 2022 2023 2024 35 36 37 38 39 1414768.61 1556245.48 1711870.02 1883057.03 2071362.73 76931.20 0.00 83855.01 0.00 91401.96 1219840.74 1439609.28 1685198.32 1985206.62 2323324.25 2711540.55 2995854.76 3480923.35 3868263.64 4486088.93 426125.46 464476.75 506279.66 551844.83 601510.86 298287.82 325133.73 354395.76 386291.38 421057.61 85225.09 92895.35 101255.93 110368.97 120302.17 42612.55 46447.68 50627.97 55184.48 60151.09 85225.09 92895.35 101255.93 110368.97 120302.17 42612.55 46447.68 50627.97 55184.48 60151.09 63918.82 69671.51 75941.95 82776.72 90226.63 63918.82 69671.51 75941.95 82776.72 90226.63 53265.68 58059.59 63284.96 68980.60 75188.86 42612.55 46447.68 50627.97 55184.48 60151.09 42612.55 46447.68 50627.97 55184.48 60151.09 1246416.97 1358594.50 1480868.01 1614146.13 1759419.28 8132271.62 9597395.20 11234655.45 13234710.79 15488828.31 1465123.58 1637260.25 2000055.34 2254117.52 2726669.65 9597395.20 11234655.45 13234710.79 15488828.31 18215497.96 1193151.29 1300534.91 1417583.05 1545165.52 1684230.42 1219840.74 1439609.28 1685198.32 1985206.62 2323324.25 26689.45 139074.37 267615.27 440041.09 639093.82 0.10 0.10 0.10 0.10 0.10 0.09 0.09 0.09 0.09 0.09 0.15 0.15 0.15 0.15 0.15 236.74 258.04 281.27 306.58 334.17
  4. 4. 2025 2026 2027 2028 2029 40 41 42 43 44 2278499.00 2506348.90 2756983.79 3032682.17 3335950.39 0.00 99628.13 0.00 108594.66 0.00 2732324.69 3196283.20 3753067.32 4387800.14 5144627.10 5010823.70 5802260.23 6510051.11 7529076.98 8480577.49 655646.84 714655.06 778974.01 849081.68 925499.03 458952.79 500258.54 545281.81 594357.17 647849.32 131129.37 142931.01 155794.80 169816.34 185099.81 65564.68 71465.51 77897.40 84908.17 92549.90 131129.37 142931.01 155794.80 169816.34 185099.81 65564.68 71465.51 77897.40 84908.17 92549.90 98347.03 107198.26 116846.10 127362.25 138824.85 98347.03 107198.26 116846.10 127362.25 138824.85 81955.86 89331.88 97371.75 106135.21 115687.38 65564.68 71465.51 77897.40 84908.17 92549.90 65564.68 71465.51 77897.40 84908.17 92549.90 1917767.02 2090366.05 2278498.99 2483563.90 2707084.65 18215497.96 21308554.64 25020448.82 29252000.95 34297514.02 3093056.68 3711894.18 4231552.12 5045513.08 5773492.84 21308554.64 25020448.82 29252000.95 34297514.02 40071006.86 1835811.16 2001034.16 2181127.24 2377428.69 2591397.27 2732324.69 3196283.20 3753067.32 4387800.14 5144627.10 896513.53 1195249.03 1571940.08 2010371.45 2553229.83 0.10 0.10 0.10 0.10 0.10 0.09 0.09 0.09 0.09 0.09 0.15 0.15 0.15 0.15 0.15 364.25 397.03 432.76 471.71 514.17
  5. 5. A -college B -college 2030 2031 2032 2033 45 46 47 48 3669545.43 4036499.97 4440149.97 4884164.96 118368.18 0.00 129021.32 0.00 6010651.03 7037827.39 8216533.40 9608526.13 9798564.64 11074327.35 12785704.68 14492691.09 1008793.94 1099585.39 1198548.08 1306417.40 706155.76 769709.77 838983.65 914492.18 201758.79 219917.08 239709.62 261283.48 100879.39 109958.54 119854.81 130641.74 201758.79 219917.08 239709.62 261283.48 100879.39 109958.54 119854.81 130641.74 151319.09 164937.81 179782.21 195962.61 151319.09 164937.81 179782.21 195962.61 126099.24 137448.17 149818.51 163302.18 100879.39 109958.54 119854.81 130641.74 100879.39 109958.54 119854.81 130641.74 2950722.27 3216287.27 3505753.13 3821270.91 40071006.86 46918849.23 54776889.32 64056840.87 6847842.37 7858040.08 9279951.56 10671420.18 46918849.23 54776889.32 64056840.87 74728261.06 2824623.03 3078839.10 3355934.62 3657968.73 6010651.03 7037827.39 8216533.40 9608526.13 3186028.00 3958988.29 4860598.78 5950557.40 0.10 0.10 0.10 0.10 0.09 0.09 0.09 0.09 0.15 0.15 0.15 0.15 560.44 610.88 665.86 725.79
  6. 6. 2034 2035 2036 2037 49 50 51 52 5372581.46 5909839.61 6500823.57 7150905.92 140633.24 0.00 153290.23 0.00 11209239.16 13092829.44 15262222.01 17807373.88 16722453.86 19002669.05 21916335.80 24958279.80 1423994.97 1552154.52 1691848.43 1844114.78 996796.48 1086508.16 1184293.90 1290880.35 284798.99 310430.90 338369.69 368822.96 142399.50 155215.45 169184.84 184411.48 284798.99 310430.90 338369.69 368822.96 142399.50 155215.45 169184.84 184411.48 213599.25 232823.18 253777.26 276617.22 213599.25 232823.18 253777.26 276617.22 177999.37 194019.31 211481.05 230514.35 142399.50 155215.45 169184.84 184411.48 142399.50 155215.45 169184.84 184411.48 4165185.29 4540051.97 4948656.64 5394035.74 74728261.06 87285529.62 101748146.70 118715825.86 12557268.57 14462617.08 16967679.16 19564244.06 87285529.62 101748146.70 118715825.86 138280069.92 3987185.92 4346032.65 4737175.59 5163521.39 11209239.16 13092829.44 15262222.01 17807373.88 7222053.24 8746796.79 10525046.41 12643852.48 0.10 0.10 0.10 0.10 0.09 0.09 0.09 0.09 0.15 0.15 0.15 0.15 791.11 862.31 939.92 1024.51
  7. 7. 2038 2039 2040 2041 53 54 55 56 7865996.51 8652596.17 9517855.78 10469641.36 167086.35 0.00 182124.12 0.00 20742010.49 24176349.65 28139393.44 32767484.53 28775093.35 32828945.81 37839373.34 43237125.89 2010085.11 2190992.77 2388182.12 2603118.52 1407059.58 1533694.94 1671727.49 1822182.96 402017.02 438198.55 477636.42 520623.70 201008.51 219099.28 238818.21 260311.85 402017.02 438198.55 477636.42 520623.70 201008.51 219099.28 238818.21 260311.85 301512.77 328648.92 358227.32 390467.78 301512.77 328648.92 358227.32 390467.78 251260.64 273874.10 298522.77 325389.81 201008.51 219099.28 238818.21 260311.85 201008.51 219099.28 238818.21 260311.85 5879498.96 6408653.87 6985432.71 7614121.66 138280069.92 161175664.31 187595956.26 218449896.89 22895594.39 26420291.95 30853940.63 35623004.24 161175664.31 187595956.26 218449896.89 254072901.13 5628238.32 6134779.77 6686909.95 7288731.84 20742010.49 24176349.65 28139393.44 32767484.53 15113772.17 18041569.88 21452483.49 25478752.69 0.10 0.10 0.10 0.10 0.09 0.09 0.09 0.09 0.15 0.15 0.15 0.15 1116.71 1217.22 1326.77 1446.18
  8. 8. 2042 2043 2044 57 58 59 11516605.50 12668266.05 13935092.65 198515.29 0.00 216381.67 38110935.17 44339934.67 51534214.09 49826055.96 57008200.72 65685688.41 2837399.18 3092765.11 3371113.97 1986179.43 2164935.58 2359779.78 567479.84 618553.02 674222.79 283739.92 309276.51 337111.40 567479.84 618553.02 674222.79 283739.92 309276.51 337111.40 425609.88 463914.77 505667.10 425609.88 463914.77 505667.10 354674.90 386595.64 421389.25 283739.92 309276.51 337111.40 283739.92 309276.51 337111.40 8299392.61 9046337.94 9860508.36 254072901.13 295599564.48 343561427.26 41526663.35 47961862.78 55825180.05 295599564.48 343561427.26 399386607.31 7944717.71 8659742.30 9439119.11 38110935.17 44339934.67 51534214.09 30166217.46 35680192.37 42095094.98 0.10 0.10 0.10 0.09 0.09 0.09 0.15 0.15 0.15 1576.33 1718.20 1872.84
  9. 9. 2045 2046 2047 60 61 62 15328601.92 0.00 59907991.10 69581286.93 78261189.48 75236593.01 69581286.93 78261189.48 3674514.23 4005220.51 4365690.35 2572159.96 2803654.35 3055983.25 734902.85 801044.10 873138.07 367451.42 400522.05 436569.04 734902.85 801044.10 873138.07 367451.42 400522.05 436569.04 551177.13 600783.08 654853.55 551177.13 600783.08 654853.55 459314.28 500652.56 545711.29 367451.42 400522.05 436569.04 367451.42 400522.05 436569.04 10747954.11 11715269.98 12769644.28 399386607.31 463875246.22 521741263.17 64488638.90 57866016.95 65491545.20 463875246.22 521741263.17 587232808.37 10288639.83 11214617.42 12223932.98 59907991.10 69581286.93 78261189.48 49619351.27 58366669.52 66037256.49 0.00 0.00 0.00 0.09 0.09 0.09 0.15 0.15 0.15 2041.40 2225.12 2425.38
  10. 10. 2048 2049 2050 63 64 65 88084921.26 99209822.60 111815553.84 88084921.26 99209822.60 111815553.84 4758602.48 5186876.71 5653695.61 3331021.74 3630813.69 3957586.93 951720.50 1037375.34 1130739.12 475860.25 518687.67 565369.56 951720.50 1037375.34 1130739.12 475860.25 518687.67 565369.56 713790.37 778031.51 848054.34 713790.37 778031.51 848054.34 594825.31 648359.59 706711.95 475860.25 518687.67 565369.56 475860.25 518687.67 565369.56 13918912.26 15171614.37 16537059.66 587232808.37 661398817.36 745437025.60 74166008.99 84038208.24 95278494.18 661398817.36 745437025.60 840715519.78 13324086.95 14523254.78 15830347.71 88084921.26 99209822.60 111815553.84 74760834.30 84686567.83 95985206.13 0.00 0.00 0.00 0.09 0.09 0.09 0.15 0.15 0.15 2643.67 2881.60 3140.94
  11. 11. 2051 2052 2053 66 67 68 126107327.97 142319617.91 160720408.51 126107327.97 142319617.91 160720408.51 6162528.21 6717155.75 7321699.77 4313769.75 4702009.03 5125189.84 1232505.64 1343431.15 1464339.95 616252.82 671715.58 732169.98 1232505.64 1343431.15 1464339.95 616252.82 671715.58 732169.98 924379.23 1007573.36 1098254.97 924379.23 1007573.36 1098254.97 770316.03 839644.47 915212.47 616252.82 671715.58 732169.98 616252.82 671715.58 732169.98 18025395.03 19647680.58 21415971.83 840715519.78 948797452.72 1071469390.05 108081932.94 122671937.33 139304436.67 948797452.72 1071469390.05 1210773826.72 17255079.00 18808036.11 20500759.36 126107327.97 142319617.91 160720408.51 108852248.97 123511581.80 140219649.15 0.00 0.00 0.00 0.09 0.09 0.09 0.15 0.15 0.15 3423.63 3731.75 4067.61
  12. 12. 2054 2055 2056 69 70 71 181616074.01 205356973.71 232343872.35 181616074.01 205356973.71 232343872.35 7980652.75 8698911.50 9481813.53 5586456.93 6089238.05 6637269.47 1596130.55 1739782.30 1896362.71 798065.28 869891.15 948181.35 1596130.55 1739782.30 1896362.71 798065.28 869891.15 948181.35 1197097.91 1304836.72 1422272.03 1197097.91 1304836.72 1422272.03 997581.59 1087363.94 1185226.69 798065.28 869891.15 948181.35 798065.28 869891.15 948181.35 23343409.30 25444316.13 27734304.59 1210773826.72 1369046491.43 1548959149.01 158272664.71 179912657.58 204609567.77 1369046491.43 1548959149.01 1753568716.78 22345827.70 24356952.20 26549077.89 181616074.01 205356973.71 232343872.35 159270246.30 181000021.52 205794794.46 0.00 0.00 0.00 0.09 0.09 0.09 0.15 0.15 0.15 4433.70 4832.73 5267.67
  13. 13. 2057 2058 2059 72 73 74 263035307.52 297956044.84 337706782.48 263035307.52 297956044.84 337706782.48 10335176.75 11265342.66 12279223.50 7234623.73 7885739.86 8595456.45 2067035.35 2253068.53 2455844.70 1033517.68 1126534.27 1227922.35 2067035.35 2253068.53 2455844.70 1033517.68 1126534.27 1227922.35 1550276.51 1689801.40 1841883.52 1550276.51 1689801.40 1841883.52 1291897.09 1408167.83 1534902.94 1033517.68 1126534.27 1227922.35 1033517.68 1126534.27 1227922.35 30230392.00 32951127.28 35916728.73 1753568716.78 1986373632.30 2251378549.86 232804915.52 265004917.57 301790053.75 1986373632.30 2251378549.86 2553168603.61 28938494.90 31542959.45 34381825.80 263035307.52 297956044.84 337706782.48 234096812.61 266413085.40 303324956.68 0.00 0.00 0.00 0.09 0.09 0.09 0.15 0.15 0.15 5741.76 6258.52 6821.79
  14. 14. 2060 2061 2062 75 76 77 382975290.54 434549198.97 493330679.01 382975290.54 434549198.97 493330679.01 13384353.61 14588945.44 15901950.53 9369047.53 10212261.81 11131365.37 2676870.72 2917789.09 3180390.11 1338435.36 1458894.54 1590195.05 2676870.72 2917789.09 3180390.11 1338435.36 1458894.54 1590195.05 2007653.04 2188341.82 2385292.58 2007653.04 2188341.82 2385292.58 1673044.20 1823618.18 1987743.82 1338435.36 1458894.54 1590195.05 1338435.36 1458894.54 1590195.05 39149234.32 42672665.41 46513205.30 2553168603.61 2896994659.83 3288871193.39 343826056.22 391876533.57 446817473.71 2896994659.83 3288871193.39 3735688667.11 37476190.12 40849047.23 44525461.48 382975290.54 434549198.97 493330679.01 345499100.42 393700151.75 448805217.53 0.00 0.00 0.00 0.09 0.09 0.09 0.15 0.15 0.15 7435.75 8104.97 8834.42
  15. 15. 2063 2064 2065 78 79 80 560353300.07 636801386.01 724032243.03 560353300.07 636801386.01 724032243.03 17333126.08 18893107.42 20593487.09 12133188.25 13225175.20 14415440.96 3466625.22 3778621.48 4118697.42 1733312.61 1889310.74 2059348.71 3466625.22 3778621.48 4118697.42 1733312.61 1889310.74 2059348.71 2599968.91 2833966.11 3089023.06 2599968.91 2833966.11 3089023.06 2166640.76 2361638.43 2574185.89 1733312.61 1889310.74 2059348.71 1733312.61 1889310.74 2059348.71 50699393.77 55262339.21 60235949.74 3735688667.11 4245342573.40 4826881620.20 509653906.29 581539046.80 663796293.29 4245342573.40 4826881620.20 5490677913.49 48532753.01 52900700.78 57661763.85 560353300.07 636801386.01 724032243.03 511820547.05 583900685.23 666370479.18 0.00 0.00 0.00 0.09 0.09 0.09 0.15 0.15 0.15 9629.51 10496.17 11440.83
  16. 16. 2066 2067 81 82 823601687.02 937293362.29 823601687.02 937293362.29 22446900.93 24467122.01 15712830.65 17126985.41 4489380.19 4893424.40 2244690.09 2446712.20 4489380.19 4893424.40 2244690.09 2446712.20 3367035.14 3670068.30 3367035.14 3670068.30 2805862.62 3058390.25 2244690.09 2446712.20 2244690.09 2446712.20 65657185.22 71566331.89 5490677913.49 6248622415.30 757944501.81 865727030.41 6248622415.30 7114349445.70 62851322.60 68507941.64 823601687.02 937293362.29 760750364.42 868785420.66 0.00 0.00 0.09 0.09 0.15 0.15 12470.50 13592.85
  17. 17. 2010 Currently single 2011 Raj and Preeti get married 2014 First child 2016 Second child Rs. 10.00 -10000 1000 4000 5000 Rs. -901.41 Rs. 15,116.15 Rs. -379.08 4.177248 Today's amount 1000 inflation 10% years 2 future value 1210
  18. 18. 3000 3000 3000 3000

×