Financial Planning

All your questions related to financial planning, goal based planning, asset allocation etc. are answered here.

Why does a goal show less than 100% achieved even though the additional suggested savings are shown as 0?
The achieved % is the current value of an asset that is linked to a goal. It is important to note that while showing the % achieved of a goal in the...
Wed, 24 Aug, 2016 at 12:38 PM
Can I change assumptions?
Yes you can. The assumptions are defined in the global settings page.  *screenshots* You can change it there or if you wish, you can chan...
Tue, 29 Dec, 2015 at 6:55 PM
I want to see the assumptions behind a goal, how do I see?
You can see the assumption behind a goal by clicking on the gear icon on the bottom right side of the financial planning page. Here, you can see the assumed...
Tue, 29 Dec, 2015 at 6:45 PM
How is the asset allocation decided for a particular goal?
We consider the client’s risk profile and the proximity of the goal when deciding on the debt equity ratio. E.g. let's say you have two clients. On...
Mon, 30 May, 2016 at 4:53 PM
Insurance Planning - How is dependant needs calculated
Following is the logic for dependent needs. Annual Expenses + Annual Insurance Premium of all other members of the family. We exclude premiums ...
Wed, 28 Sep, 2016 at 4:24 PM
Insurance Planning - How is continuing income sources calculated
Following is the logic for continuing income sources . We take into account the income of the spouse and use the following formula PV = PMT * ...
Wed, 28 Sep, 2016 at 4:54 PM
The "All Goals" section in "Goal Tracker" shows lower Future Value and a higher Present Value in some goals. Why is that?
This anomaly happens for goals which start immediately in the next 1-3 years and span for multiple years i.e at least 10-15 years. E.g. if today's date ...
Thu, 11 Jan, 2018 at 11:06 AM