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

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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 3000 3000 3000 3000