Basics Steps for Financial Planning

WealthHandHoldingwhh@raggedminds.com

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Risk Profiling Defining Financial Goals Assessment of financial

liabilities and commitments

Analysis of existing Portfolio

Specify Financial Goals Financial Plan

Asset Allocation Cash flow planning Rebalance existing portfolio

Portfolio Execution Execution of debt, equity

and other investments

Portfolio Maintenance

Tactical rebalancing Maintain asset allocation

Periodic Portfolio Review Review portfolio progress,

asset allocation and portfolio strategy

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Financial Planning Steps

Basic Division of Age… most imp factor

Age 20-29 yearsAge 50-59 yearsAge 30-39 years

Age 60 years and aboveAge 40-49 years

Mini Financial Plan… Individual Planning

Key points in Mini Financial Plan

Step-0: Day today expensesStep-1: Safety of Family

Step-2 : For sudden hospitalisation

Step-3 Basic Fund