Why Goal Planning
Where Every Angle Matters
• If your current monthly expenses are Rs 50,000/- per month, then after 20 years you will require Rs 1,93,484 /- a month to just maintain the current lifestyle!
• An education degree for your child which currently costs Rs 20 Lakh could cost over Rs 39 Lakh after 10 Years.
• A Marriage function for your child which currently costs Rs 50 Lakh could cost over Rs 1.68 Crore after 18 Years.
• It is Inflation which is eating out on the Value of Money every year and thus one needs to make a financial plan to beat the inflation and create wealth in long term.
For Example
• At Age 25, if you start investing Rs 5000 per month and your money grows at 12% P.A. you save Rs 2.87 Crore on Retirement at age 60. Just a year’s delay will mean savings of Rs 2.54 Crore, or Rs 32.94 lakh less.
• At Age 35, if you start investing Rs 10,000 per month and your money grows at 12% P.A. you save Rs 1.67 Crore on Retirement at age 60. Just a year’s delay will mean savings of Rs 1.47 Crore, or Rs 19.96 lakh less.
• At Age 45, if you start investing Rs 30,000 per month and your money grows at 12% P.A. you save Rs 1.30 Crore on Retirement at age 60. Just a year’s delay will mean savings of Rs 1..12 Crore, or Rs 18.14 lakh less.
| Amnt P.M. |
% Growth |
Years |
Investment |
Value |
| ₹ 10,000 |
5%
|
20 |
₹ 2,400,000
|
₹ 4,127,463
|
| ₹ 10,000 |
8% |
20 |
₹ 2,400,000 |
₹ 5,929,472
|
| ₹ 10,000 |
10% |
20 |
₹ 2,400,000 |
₹ 7,656,969
|
| ₹ 10,000 |
12% |
20 |
₹ 2,400,000 |
₹ 9,991,479
|
| ₹ 10,000 |
15% |
20 |
₹ 2,400,000 |
₹ 15,159,550
|
| ₹ 10,000 |
20% |
20 |
₹ 2,400,000 |
₹ 31,614,794
|
