Last Updated on July 10, 2025 at 8:56 pm
The freefincal robo-advisor software tool helps you plan your retirement (early, normal, before, and after), as well as non-recurring financial goals (such as child education) and recurring financial goals (like holidays and appliance purchases).
The tool would help anyone aged 18 to 80 plan for their retirement, six other non-recurring financial goals, and four other recurring financial goals with a detailed cash flow summary.
More than 3000 investors and financial advisors are using the tool. The tool was featured in the Economic Times: Meet Pattabiraman, the man who helps many plan a better retirement through his calculators.
- All inputs are fully customisable.
- It can also be used for commercial or professional purposes. Many advisors use this to create financial plans for their clients.
- Users will get all future updates.
Update: July 2025. A new video guide is available. The equity allocation in the retirement buckets can be progressively reduced on a set glide path for better safety. This option can be enabled or disabled for all buckets or individual buckets. All existing users of the robo tool have been sent the updated version.
Update: Oct 18th 2024. We have included the ability for users to add their custom asset allocation schedule. All existing users of the robo tool have been sent the updated version.
Presentation: The tool is available in two formats
- As an Excel file with macros. It will work on Mac Excel and Windows Excel.
- Or on Google Sheets with scripts.
The tool has nine Sheets with the following steps. A detailed video guide is available.
Video Guide
Click to play
Robo Advisor Screenshots
This is the end-user license agreement. The user will have to agree to this upon first use.
Step 1: Age of the user
For ages 18 to 25, a simple solution is provided with no further inputs. Older users will be asked if they are married or not and directed to the next sheet.
Step 2 Retirement Inputs
You can enter details relevant to creating your retirement plan here
You can include up to three post-retirement income streams
Step 3 Retirement Planning
This sheet tells you the investment strategy to be adopted before retirement (and up to retirement) with clear asset allocation break up and investment portfolio management suggestions.
If you are retired, you can obtain an opinion about the health of your retirement corpus.
and a detailed retirement bucket investment strategy in case the corpus is good enough.
You can play this simulation game to understand how the bucket strategy works: The Retirement Bucket Strategy Simulator
Step Four A: Non-recurring Goals
You can get a complete investment strategy for one-time goals like your children’s education, a business etc.
Step Four B: Recurring Goals
You can also plan for recurring goals like a holiday every other year, or a new car or iPhone every few years.
Step 5: Suggested Product Categories + “PlumbLine”
Investment suggestions for financial goals are listed here. In addition, PlumbLine offers a set of mutual funds to invest.
Step 6A: Independent portfolio vs Unified portfolio
The cash flow for two different portfolio models is available. You can see the video for more details.
This is a screenshot of step 6A.
Step 6B: Cash Flow
Independent portfolio
Unified portfolio
Video Guide
How to use the Robo Advisory Tool to check if you are ready to retire
Get the Robo Advisory Tool
All inputs are fully customizable. The tool can also be used for commercial purposes. More than 3000 investors and financial advisors are using it, and users will receive all future updates.
One-time purchase; lifetime access. Price includes future updates to the sheet.
Get the robo tool by paying Rs. 5625 (Google Sheets edition; Instant Download. No refunds allowed). Use the discount code: robo25 for a 20% discount.
Use this link to get the tool to get the Robo Advisory Template Excel Sheets Edition at a 20% discount for Rs. 4500 only (the regular price is Rs. 5625). Use the discount code: robo25 (this will work on Mac and Windows Excel)
Outside India? Then use this Paypal link to pay USD 80 (Kindly write to freefincal [AT] Gmail [DOT] com after you pay).
Have a question or need support? Contact Us.
Beta Testing Team: The robo tool was tested and enhanced by a team of friends and readers for over a month: Anirban Ghosh, Anish Mohan, Dashrath Memane, Guru Rudagi, Lokesh Shah, Mahesh Bangadkar, Muthu Krishnan V, Niranjan Kaushik, Prajal Sutaria, @Prashanth_Krish, Srinivasan SR, Sajo C Mathew, Prof. Shriram R, Srinivasan Sundararajan, Sumit Nisal, Vignesh Baskar, Balaji Swaminathan, Amarnath Reddy. I am indebted to their time, effort, consideration and dedication. Without their assistance, this release would not have been possible. We also acknowledge useful ideas from Asish Prabhakar.
🔥Enjoy massive discounts on our courses, robo-advisory tool and exclusive investor circle! 🔥& join our community of 7000+ users!
Use our Robo-advisory Tool for a start-to-finish financial plan! ⇐ More than 2,500 investors and advisors use this!
Track your mutual funds and stock investments with this Google Sheet!
We also publish monthly equity mutual funds, debt and hybrid mutual funds, index funds and ETF screeners and momentum, low-volatility stock screeners.
- Do you have a comment about the above article? Reach out to us on Twitter: @freefincal or @pattufreefincal
- Have a question? Subscribe to our newsletter using the form below.
- Hit 'reply' to any email from us! We do not offer personalized investment advice. We can write a detailed article without mentioning your name if you have a generic question.
Join 32,000+ readers and get free money management solutions delivered to your inbox! Subscribe to get posts via email! (Link takes you to our email sign-up form)
About The Author
Dr M. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. He has over ten years of experience publishing news analysis, research and financial product development. Connect with him via Twitter(X), Linkedin, or YouTube. Pattabiraman has co-authored three print books: (1) You can be rich too with goal-based investing (CNBC TV18) for DIY investors. (2) Gamechanger for young earners. (3) Chinchu Gets a Superpower! for kids. He has also written seven other free e-books on various money management topics. He is a patron and co-founder of “Fee-only India,” an organisation promoting unbiased, commission-free investment advice.Our flagship course! Learn to manage your portfolio like a pro to achieve your goals regardless of market conditions! ⇐ More than 3,000 investors and advisors are part of our exclusive community! Get clarity on how to plan for your goals and achieve the necessary corpus no matter the market condition is!! Watch the first lecture for free! One-time payment! No recurring fees! Life-long access to videos! Reduce fear, uncertainty and doubt while investing! Learn how to plan for your goals before and after retirement with confidence.
Our new course! Increase your income by getting people to pay for your skills! ⇐ More than 700 salaried employees, entrepreneurs and financial advisors are part of our exclusive community! Learn how to get people to pay for your skills! Whether you are a professional or small business owner who wants more clients via online visibility or a salaried person wanting a side income or passive income, we will show you how to achieve this by showcasing your skills and building a community that trusts and pays you! (watch 1st lecture for free). One-time payment! No recurring fees! Life-long access to videos!
Our new book for kids: “Chinchu Gets a Superpower!” is now available!
Must-read book even for adults! This is something that every parent should teach their kids right from their young age. The importance of money management and decision making based on their wants and needs. Very nicely written in simple terms. - Arun.Buy the book: Chinchu gets a superpower for your child!
How to profit from content writing: Our new ebook is for those interested in getting side income via content writing. It is available at a 50% discount for Rs. 500 only!
Do you want to check if the market is overvalued or undervalued? Use our market valuation tool (it will work with any index!), or get the Tactical Buy/Sell timing tool!
We publish monthly mutual fund screeners and momentum, low-volatility stock screeners.
About freefincal & its content policy. Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on mutual funds, stocks, investing, retirement and personal finance developments. We do so without conflict of interest and bias. Follow us on Google News. Freefincal serves more than three million readers a year (5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified with credible and knowledgeable sources before publication. Freefincal does not publish paid articles, promotions, PR, satire or opinions without data. All opinions will be inferences backed by verifiable, reproducible evidence/data. Contact information: To get in touch, use this contact form. (Sponsored posts or paid collaborations will not be entertained.)
Connect with us on social media
- Twitter @freefincal
- Subscribe to our YouTube Videos
- Posts feed via Feedburner.
Our publications
You Can Be Rich Too with Goal-Based Investing
Published by CNBC TV18, this book is meant to help you ask the right questions and seek the correct answers, and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now.Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want
This book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at a low cost! Get it or gift it to a young earner.Your Ultimate Guide to Travel
This is an in-depth dive into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, and how travelling slowly is better financially and psychologically, with links to the web pages and hand-holding at every step. Get the pdf for Rs 300 (instant download)