Financial Planning Template version 1 (Nov.

2013)
This template can be used to create your own financial plan
Features
1. Retirement planner
2. Non-recurring financial goal planner (5 goals). Examples are Childrens education, marriage, business goals
3. Recurring financial goal planner (2 goals). These could be goals occuring once a year, twice a year or any other frequency.
4. The cash flow summary shows your salary and TOTAL monthly investment required for each year.
5.The detailed cash flow chart shows the details for each goals.

Comments and suggestions welcome pattu@iitm.ac.in

siness goals
ear or any other frequency.
 Recurring Goal 1
Recurring Goal 1 year when Year when Redemption
How many years from now will the recurring invest. Starts sum required number
5
goal start 2025 2027 1
Frequency of the recurring goal (years) 2 2027 2029 2
How long do you need to plan for this goal (y) 20 2029 2031 3
Present cost 100,000 2031 2033 4
inflation 10.0% 2033 2035 5
Net rate of return (post-tax) 10.00% 2035 2037 6
Annual inc. in monthly invest. % 10.00% 2037 2039 7
When investment are made (see note 1) 1 2039 2041 8
2041 2043 9
2043 2045 10
Recurring Goal 2
How many years from now will the recurring
4
goal start
Frequency of the recurring goal (years) 3
How long do you need to plan for this goal 25
Present cost 100,000
inflation 10.0%
Net rate of return (post-tax) 10.00%
Annual inc. in monthly invest. % 10.00%
When investment are made (see note 1) 1

** note 1: Choose '0' if SIP occurs at month beginning and '1' if SIP occurs at month end**
Recurring Goal 1 Recurring Goal 2
Monthy investment required year when Year when Redemption
future value future value
2 year(s) before redemption invest. Starts sum required number
194,872 6,710 2024 2027 1 194,872
235,795 8,120 2027 2030 2 259,374
285,312 9,825 2030 2033 3 345,227
345,227 11,888 2033 2036 4 459,497
417,725 14,384 2036 2039 5 611,591
505,447 17,405 2039 2042 6 814,027
611,591 21,060 2042 2045 7 1,083,471
740,025 25,483 2045 2048 8 1,442,099
895,430 30,834
1,083,471 37,310
curring Goal 2
Monthy investment required
3 year(s) before redemption
4,066.94
5,413.10
7,204.84
9,589.64
12,763.82
16,988.64
22,611.88
30,096.41
 Recurring Goal 1 Recurring Goal 2
Year Redemption Redemption Monthly Redemption Redemption Monthly
number for goal investment number for goal investment
2020
2021
2022
2023
2024 1 4,067
2025 1 6,710 4,067
2026 6,710 4,067
2027 2 194,872 8,120 2 194872 5,413
2028 8,120 5,413
2029 3 235,795 9,825 5,413
2030 9,825 3 259374 7,205
2031 4 285,312 11,888 7,205
2032 11,888 7,205
2033 5 345,227 14,384 4 345227 9,590
2034 14,384 9,590
2035 6 417,725 17,405 9,590
2036 17,405 5 459497 12,764
2037 7 505,447 21,060 12,764
2038 21,060 12,764
2039 8 611,591 25,483 6 611591 16,989
2040 25,483 16,989
2041 9 740,025 30,834 16,989
2042 30,834 7 814027 22,612
2043 10 895,430 37,310 22,612
2044 37,310 22,612
2045 1,083,471 8 1083471 30,096
2046 30,096
2047 30,096
2048 1442099
2049
2050
2051
2052
2053
2054
2055
2056
2057
2058
2059
2060
2061
2062
2063
2064
2065
2066
2067
2068
2069
2070
2071
2072
2073
2074
2075
2076
2077
2078
2079
2080
2081
Total Cash needed
each month for
ALL goals
-
-
-
-
4,067
10,777
10,777
13,533
13,533
15,238
17,030
19,093
19,093
23,974
23,974
26,995
30,169
33,824
33,824
42,472
42,472
47,823
53,446
59,921
59,921
30,096
30,096
30,096
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-