Excel inflation-indexed annuity calculators to plan your retirement

Retirement planning is the single most important financial goal common to every individual.  It is the only financial goal in which a corpus would get spent over the course of decades! Retirement planning is simply non-negotiable.  The cost of postponing systematic retirement planning is more dangerous than inflation. Regular readers would be aware of that…

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Retirement Planning: letter to a prospective client

Nandish Desai and Manish Chauhan run Jagoadvisor – a portal for financial advisors. Recently, they posed the following retirement planning challenge, Scenario: ‘You meet a 55 year old with a corpus of Rs. 70 lakhs. The person seeks financial independence in retirement and expects an annual inflation of about 8-9%. He would like to invest the corpus in…

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Use of Monte Carlo simulations in Financial Planning

This is a guest post by Jitendra Kumar, Sr.Business Analyst- Fiserv. Mr Kumar is a certified financial planner. His additional qualifications include MBA and Certification in Investment & Portfolio Mgmt. (IIMB). He is also a certified associate of  the Indian institute of bankers (CAIIB).  ~~~~~ Traditional Financial Planning works on certain assumptions on returns, risk, inflation, savings growth…

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Download a do it yourself financial planning guide by Rajesh Dalmia

Rajesh Dalmia a certified financial planner and director of Mandar Learning Academy has authored an impressive do it yourself financial planning guide for investors to understand the basic features of insurance planning and goal-based investing. The guide has four excellent calculation charts that enable one to calculate Necessary life insurance cover Corpus’s needed for retirement,…

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Pay off home loan or invest for retirement? Calculate and find out!

Recently subra wrote an article on Payoff Mortgage or Invest…continued. Here is a calculator to fortify the argument I have modified my financial freedom calculator to accommodate immediate lump sum investment to the lender to check if that option is better than investing the money for retirement (aka financial freedom) The excel file explains the…

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What Should Be Your Retirement Withdrawal Rate?

Manish Chauhan’s second book, “How to be your own financial planner in 10 steps” is a great ‘action’ book guiding people through the basic steps of financial planning. This post describes a retirement calculator inspired by the book and is based on ‘corpus withdrawal rate’ Step no. 6 is “Start your retirement planning”. In this…

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