The document discusses various aspects of financial planning such as investing in different instruments like PPF, ELSS, life insurance, and health insurance. It provides examples showing how investments of Rs. 10,000 per year can grow differently depending on the instrument and time period. It stresses the importance of starting investments early to benefit from compounding returns. Other topics covered include maintaining adequate life and health insurance coverage, planning for children's education and retirement, setting financial goals, and working with a financial planner.

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5. 80 C
80 D

6. Health insurance premium up to 15 K
Senior Citizens premium up to 20 K
Health insurance premium up to 15 K for dependent parents

7. 1 Lac
50 K
1.5 Lacs

8. 80 C
Life insurance
ELSS
PPF

11. Investment Rs 10,000 per year since 2000 till 2014
Arun in PPF
Varun in ELSS
Tarun 50% in PPF 50% in ELSS

12. Arun’s PPF investment – 1.5 lacs.
After 15 years – 3.2 lacs.
Varun’s ELSS investment – 1.5 lacs. After 15 years – 10.60 lacs.
Tarun’s investment – 1.5 lacs. After 15 years, 6.90 lacs.
Don’t just invest for taxes, but invest SMARTLY…

13. Financial Planning
Tax planning
Retirement planning
Future planning
Investment planning

14. Lifestyle expenses
Saving
Investing
Financial planning
Like a car which can only run on 4 wheels, our life also has to run with all the four factors.

24. Income
Expenses

25. Wealth
Life Cover
Health Cover

26. An individual should have enough financial cover ; at least 5 to 10 times of current income.
As he/she climbs up the income levels, cover should be proportionately raised.
Remember, you should be covered for the whole of your life and not only a part of it.

30. Do not be dependent on office group health cover alone. It may not be sufficient.
In case of job changes, new company may not have same cover.
Make sure your dependent senior citizens/parents have adequate health cover.
You can always save taxes under section 80D for health insurance premiums.

31. Children
•Child’s education.
•Child’s future.
Financial security
•Life insurance cover.
•Health cover.
Future
•Plan for retirement.
•Plan for regular income.

34. Investment Rs 10,000 PM
Mr. Arun @ 30 years* @ 9%
Mr. Varun @ 35 years* @ 12%
Mr. Tarun @ 40 years* @ 15%

35. Mr. Arun accumulates Rs 67.30 Lacs @ 9% over 20 years.
Mr. Varun accumulates Rs 50.45 Lcs @ 12% over 15 years .
Mr. Tarun accumulates Rs. 27.86 lacs @ 15% over 10 years.
START EARLY, Power of compounding is @ work very silently… Mr. Arun just by starting early has accumulated more than the other two, though his yield is the lowest of the three….

36. Investment Rs 10,000 PM
Mr. Arun @ 30 years @ 15%
Mr. Varun @ 30 years @ 12%
Mr. Tarun @ 30 years @ 9%

37. Mr. Arun accumulates Rs 1.52 Crores @ 15% over 20 years.
Mr. Varun accumulates Rs. 1 Crore @ 12% over 20 years .
Mr. Tarun accumulates Rs. 67.30 lacs @ 9% over 20 years.
Don’t just START EARLY, but start SMARTLY… Mr. Arun just by starting early and smartly has multiplied his money….

38. Goals
Objectives
Products

41. Don’t leave money in the bank a/c which earns just about 4 - 6%.. You work hard for your money, make your money work hard for you…

42. Have a monthly saving plan through EMI…

43. Having ample life insurance is vital to one’s financial security …

44. It’s important to understand the power of compounding which is working very silently…

45. Inflation is a monster, which can swallow the hard earned money…

46. Specific, measurable, attainable, relevant and timed goals for successful financial future…

47. Financial planning is all about knowledge… Hence the importance of a financial planner…

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•Financial Planning Coach.
•Founder and CEO
Gopalakrishnan V
Money Avenues
•mailvgopal@gmail.com
•gopal.moneyavenues@gmail.com
+91 9 55 11 55 11 6