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Financial Goal Planning - Ankur Warikoo
Financial Goal Planning - Ankur Warikoo
Financial Goal Planning - Ankur Warikoo
Short Term Goals Amount in how many years? Value at that time
Emergency Fund 120,000 1 127,200
Vacation every year 50,000 3 59,551
Mobile Phone 50,000 3 59,551
XYZ -
ABC -
Medium Term Goals Amount in how many years? Value at that time
International Vacation 250,000 3 297,754
Education 1,000,000 5 1,338,226
Marriage 1,000,000 7 1,503,630
Car 700,000 5 936,758
XYZ -
ABC
Long Term Goals Amount in how many years? Value at that time
Home downpayment 2,000,000 15 4,793,116
Kids education 2,500,000 25 10,729,677
Retirement 10,000,000 40 102,857,179
XYZ -
ABC -
Year Starting Salary Job Change? Increment Ending Salary Monthly Needs Monthly Wants Monthly Investments Needs
1 - - 240,000 10,000 6,000 4,000 50%
2 240,000 No 24,000 264,000 10,400 6,600 5,000 47%
3 264,000 No 26,400 290,400 10,840 7,260 6,100 45%
4 290,400 No 29,040 319,440 11,324 7,986 7,310 43%
5 319,440 Yes 95,832 415,272 12,921 10,382 11,303 37%
6 415,272 No 41,527 456,799 13,613 11,420 13,033 36%
7 456,799 No 45,680 502,479 14,375 12,562 14,937 34%
8 502,479 No 50,248 552,727 15,212 13,818 17,030 33%
9 552,727 Yes 165,818 718,545 17,976 17,964 23,939 30%
10 718,545 No 71,855 790,400 19,173 19,760 26,933 29%
11 790,400 No 79,040 869,440 20,491 21,736 30,227 28%
12 869,440 No 86,944 956,384 21,940 23,910 33,849 28%
13 956,384 No 95,638 1,052,022 23,534 26,301 37,834 27%
14 1,052,022 Yes 315,607 1,367,629 28,794 34,191 50,985 25%
15 1,367,629 No 136,763 1,504,391 31,073 37,610 56,683 25%
16 1,504,391 No 150,439 1,654,831 33,581 41,371 62,951 24%
17 1,654,831 No 165,483 1,820,314 36,339 45,508 69,846 24%
18 1,820,314 No 182,031 2,002,345 39,372 50,059 77,431 24%
19 2,002,345 No 200,234 2,202,579 42,710 55,064 85,774 23%
20 2,202,579 No 220,258 2,422,837 46,381 60,571 94,952 23%
21 2,422,837 Yes 726,851 3,149,689 58,495 78,742 125,237 22%
22 3,149,689 No 314,969 3,464,657 63,744 86,616 138,361 22%
23 3,464,657 No 346,466 3,811,123 69,519 95,278 152,797 22%
24 3,811,123 No 381,112 4,192,235 75,871 104,806 168,676 22%
25 4,192,235 No 419,224 4,611,459 82,858 115,286 186,144 22%
26 4,611,459 No 461,146 5,072,605 90,543 126,815 205,359 21%
27 5,072,605 Yes 1,521,781 6,594,386 115,906 164,860 268,766 21%
28 6,594,386 No 659,439 7,253,825 126,897 181,346 296,243 21%
29 7,253,825 No 725,383 7,979,208 138,987 199,480 326,467 21%
30 7,979,208 No 797,921 8,777,128 152,285 219,428 359,714 21%
31 8,777,128 No 877,713 9,654,841 166,914 241,371 396,285 21%
32 9,654,841 No 965,484 10,620,325 183,005 265,508 436,514 21%
33 10,620,325 Yes 3,186,098 13,806,423 236,107 345,161 569,268 21%
34 13,806,423 No 1,380,642 15,187,065 259,118 379,677 626,794 20%
35 15,187,065 No 1,518,707 16,705,772 284,430 417,644 690,074 20%
36 16,705,772 No 1,670,577 18,376,349 312,272 459,409 759,681 20%
37 18,376,349 No 1,837,635 20,213,984 342,900 505,350 836,249 20%
38 20,213,984 No 2,021,398 22,235,382 376,590 555,885 920,474 20%
39 22,235,382 Yes 6,670,615 28,905,997 487,767 722,650 1,198,417 20%
40 28,905,997 No 2,890,600 31,796,596 535,943 794,915 1,318,858 20%
41 31,796,596 No 3,179,660 34,976,256 588,938 874,406 1,451,344 20%
42 34,976,256 No 3,497,626 38,473,882 647,231 961,847 1,597,078 20%
43 38,473,882 No 3,847,388 42,321,270 711,354 1,058,032 1,757,386 20%
44 42,321,270 No 4,232,127 46,553,397 781,890 1,163,835 1,933,725 20%
45 46,553,397 No 4,655,340 51,208,736 859,479 1,280,218 2,127,697 20%
Wants Investments
30% 20%
30% 23%
30% 25%
30% 27%
30% 33%
30% 34%
30% 36%
30% 37%
30% 40%
30% 41%
30% 42%
30% 42%
30% 43%
30% 45%
30% 45%
30% 46%
30% 46%
30% 46%
30% 47%
30% 47%
30% 48%
30% 48%
30% 48%
30% 48%
30% 48%
30% 49%
30% 49%
30% 49%
30% 49%
30% 49%
30% 49%
30% 49%
30% 49%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
30% 50%
How much of your wants amount will you invest? 80%
4,793,116
10,729,677
102,857,179