GOAL BASED

PLANNING
COMPILED BY: CA (DR.) KHYATI SHAH & CA MANISH RAMTRI
 2
ILLUSTRATIVE LIST OF GOALS

GOALS

Child’s Child’s Buying Buying a Estate &

Retirement Vacations
Education Marriage House Car Charity
 3

RETIREMENT
PLANNING
 4
RETIREMENT PLANNING

 Video 1 – Return of One Idiot

https://www.youtube.com/watch?v=QrnlvLA8gMs

 Video 2 – The Mutual Fund Show: Retirement Planning

https://www.youtube.com/watch?v=S_oNXWZCBlc

 Video 3 – Retirement Planning in India (How to Think and Act?)

https://www.youtube.com/watch?v=LR9YelgcJzQ
 5
RETIREMENT PLANNING Contd…
GENERAL APPROACH FOR RETIREMENT
Coloured box is PLANNING Coloured box is INPUT
FROM WEALTH
INPUT FROM MANAGER
CLIENT All these inputs decide:
How you need to plan for retirement

Impact of Inflation
Monthly Expenses at Extra cushioning on
(from current age till At what age you wish
current age at medical expenses &
retirement age) on to retire?
existing lifestyle geriatric care
expenses

Retirement Corpus
Impact of Inflation investment pattern
What is your life
(post retirement) on (asset allocation ) &
expectancy?
expenses expected Rate of
return on it

Client Education is very important as all the factors are out of control of the client as well as the wealth manager
LIFE
EXPECTANCY
6

Source:
https://timesofindia.indiatimes.com/i
ndia/life-expectancy-at-birth-nearly-
doubled-since-
1951/articleshow/93523649.cms#:~:te
xt=The%20average%20Life%20Expec
tancy%20of,years%20and%2070.7%2
0years%20respectively.
 7
RETIREMENT PLANNING Contd…

Senior Citizen Savings Scheme

https://www.valueresearchonline.com/stories/18793/overview-of-the-senior-citizens-savings-scheme/

Pradhan Mantri Vaya Vandana Yojana

https://www.valueresearchonline.com/stories/50263/an-overview-of-pradhan-mantri-vaya-vandana-yojana-pmvvy/

Reverse Mortgage
https://www.livemint.com/money/personal-finance/retirement-planning-what-is-a-reverse-mortgage-and-how-
does-it-work-loans-senior-citizens-sbi-home-loan-11707994456087.html
 8

CHILD’S
EDUCATION
 9
GOAL - CHILD’S EDUCATION

 Video (Nov. 13, 2022) -

https://www.youtube.com/watch?v=E1x1dqQj4W4
 10

GOAL -
CHILD’S
EDUCATION
Contd…

Source: - https://www.linkedin.com/posts/neil-borate-
1a435a57_personalfinance-activity-7099230453462691840-
MYbS?utm_source=share&utm_medium=member_ios
 11

THANK YOU

Contact: 98510 98590

E-mail: prosper@savvywealth.In
Insta: /savvy_wealth_/
FB: /savvywealth.Info/