Financial planning case studies with solutions

Abhishek completed his BE in Automobile engineering while his brother did is Hotel management.

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With the generous help from charitable donors Abhishek and his brother got interest free loans to complete their higher education. Retirement Plan Maximize retirement plan contributions to reduce taxes, rebalance investments Meet with human resource representative.

His father used to work in an engineering firm while his mother was a teacher. We showed them how much they could spend in retirement based on their spending rate, net worth, asset allocations, and Social Security benefits.

Financial advice case study

They are both retired and are generally in good health, although Stuart has had health issues in the past. We showed them how much they could spend in retirement based on their spending rate, net worth, asset allocations, and Social Security benefits. Important Concerns Action item Prepare for Emergency Savings Wants to determine an amount of cash to assist the family business if they need to continue to during this difficult economic environment. A couple in their mids, Lindy and Jason were expecting their second child. Case study 2: Generating an income in retirement Peter retires at age They are both retired and are generally in good health, although John has had health issues in the past. Although every effort has been made to assure the integrity of this material including the reliability of websites referred to in the text , no representation or warranty is given as to accuracy or completeness. She also wanted a financial advisory firm that knew the details of her employer retirement plan but could also continue helping her with these accounts and other investments if and when she left this employer. Great advice! Abhishek made an early start but due to lack of knowledge and with a view of saving tax, he invested in traditional insurance policies, allocating a good amount of premium. She wanted to split her time between London, where she lived, and being with her son and grandchild who lived some miles away. Suspendisse pulvinar urna at ante semper euismod. Capital assets of approx. At that time the couple had a significant portfolio of cash deposits and investments, with no overall strategy in place.

Prior to hiring RFC, she handled her investments on her own through accounts held at a large national firm. Donec ac nunc orci.

Financial planning case studies with solutions

The services rendered by PersonalFN are on a best effort basis. A couple in their mids, Lindy and Jason were expecting their second child. Notes Source: Colonial First State. His father used to work in an engineering firm while his mother was a teacher. Solution: They wanted to receive advice, explained in a simple and organized fashion, and be able to implement ideas on their own. They are both retired and are generally in good health, although John has had health issues in the past. Abhishek made an early start but due to lack of knowledge and with a view of saving tax, he invested in traditional insurance policies, allocating a good amount of premium. At that stage Jim was principally concerned with looking at tax efficient profit extraction from the company as, in the years leading up to , Jim and his business partner, Bob, had been remunerated principally through the funding of Employee Benefit Trusts EBT. He had never looked back ever since. Important Concerns Action item Prepare for Emergency Savings Wants to determine an amount of cash to assist the family business if they need to continue to during this difficult economic environment. Since he has been only exposed to traditional investment options like Insurance, Post office and FD schemes, Abhishek started his investment journey from with these products. What is the present situation? Solution: We determined that he needed to keep the amount of his insurance in place to provide for his wife, and that his current health prevented us from working with many insurance companies. Her equities were reallocated to represent large-cap, mid-cap, small-cap, international developed and emerging market funds. Even then he has been able to create a good investment basket because he has kept his expenses to the minimum and tried to save as much as he could.

Problem: She had an investment advisor she was satisfied with, but wanted an independent assessment. Since the convent school where the siblings were studying were aided by the government, they did not have to pay any fees for their secondary school education.

We used a lifetime cashflow projection to show John what he needed to invest, and what he could comfortably afford to spend, to secure the financial independence he sought.

The value of an investment can rise and fall over time.

financial planning case study pdf

Using both personal and business assets we prepared a Financial Plan which clearly laid out how John could meet his objectives. He is more relaxed about his retirement and can refocus on his business with fresh enthusiasm. Registration No.

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Financial Planning: Case Studies