Finance Consultant in Farrukhabad

Financial planning financial planning is a process for an individual to attain various milestones in life like wealth creation, child education marriage, retirement planning etc. And thereby meeting their life goals. why we want you to retire young & retire reach!!! the answer is our passion to let your money work hard for you and help you in designing your financial plan with our unique & customized personal financial makeover system^. The group has rich experience in advising clients in fixed income as well as high-risk securities and garner their attention towards "life beyond 80c" as still a large breed of indian investors lack the investment awareness and those who even dare could not go beyond investing for saving tax only and one still face with some indispensable questions of achieving various milestone in life like wealth creation, child education marriage, retirement planning etc. our unique & customized personal financial makeover system^ aims to provide you:- • generate long term capital appreciation & wealth creation • well equipped team of qualified professionals • more than 5years of consulting and investing experience • consultation about development of surplus funds • decisions regarding short term and long term investment policies can any one do hisher financial planning on their own??? the answer is very much "yes" provided you posses the required skills as the process of financial planning is highly technical. You may also take the help of financial software packages, guides & reference books on the subject. However, you may need the assistance from a professional financial planner if: o you do not possess the required technical skills. O you cannot devote enough time to do the same on your own. O you know everything about financial planning but are confused as how to begin. O your adviser can guide you better by regular monitoring your funds. Tools of financial planning:- • equity market:- investment in equities is the best investment avenue to keep a check on inflation in the long run. To make the process of financial planning efficient investment in equities is highly recommended subject to the age and risk appetite of the investor. • mutual funds: for those who have less risk appetite as compared to equities and aim at higher returns, mutual fund is the best area that one can opt for. Monitoring of mutual fund is easy and requires less personal attention as it is managed by qualified professionals • real estate (landhouse): properties include commercial and non commercial lands and buildings. Investment in property yields a higher return and is a good investment for long term. It also facilitates you in long term capital appreciation and moreover it gives you financial security. • post office saving schemes: post offices saving schemes are one of the best ways to convert monthly savings into monthly investment. It gives a return of around 8%. These are for a term of 3 to 5 years. • national saving certificates: national saving schemes are for a minimum term of 6 yrs, it gives a return of around 8%. • provident fund: as the name suggests, it is a fund in which an equal amount is contributed by employee as well as employer and returns are accumulated upon it. The amount accumulated is paid up on the expiry of term, retirement or as per company's policy. One can expect returns of around 8% upon it. Alternate investment products:- • gold • government - g-secs, rbi relief bonds • psusfis - bonds • banks - fds • corporate - shares, debentures, bonds, fds do you want to retire young & retire rich!!! what is retirement plan & why should you have one??? a retirement plan assures to provide disposable income which an individual will continue to earn enabling him to live a comfortable and enjoyable lifestyle, even after working life. To understand why an individual needs to plan for hisher retirement, and why you should too, read on. • societal shift towards independent life: today's indian professionals are moving away from the traditional family structure. Since implicit financial support is no longer guaranteed, parents have realized the need to provide for themselves during their retirement years. • creeping inflation: today's skyrocketing costs can destabilize even a well-salaried person balance sheet. A retirement plan enables a steady income every month, to arm you not just in the face of rising costs but to thrive in prosperity. to understand how inflation can impact your monthly expenses, use our special tool, the financial makeover system • no pension protection social security schemes: only 4% of india working population- mostly government employees - are covered by pensions. The remaining 96% comprises self-employed and salaried professionals who do not have a formal, mandated provision for pensions. Choose the way you want to retire in few simple steps!!! step 1: hit the number: arrive at an income figure and do remember to take into account aspects like increased medical costs, vacations and gifts for family, but reduce costs like children's education and rent, if you own your home. step 2: compute the disposable income: after exhausting your income for the bare necessities the remaining portion constitutes your disposable income. This will serve as the base for spending & savings. step 3: now how much you need to save regularly??? that depends on various factors and can be arrived at with help of our unique financial makeover system^ step 4: choose the right retirement plan that enables you to meet your post-retirement requirements. Our experts will help you select the plan that meets your criteria step 5: start early or never: so that you can have time on your side and can enjoy the power of compounding. Use our simple power of compounding.