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, child’s education and marriage
- Monthly investment required for each goal
It also has a chart which provides information on suitable asset allocation and investment vehicles based on the time horizon of a goal.
Basic concepts and terminology used in insurance, retirement and investment planning are explained crisply.
The DIY guide is a terrific way to kick-start your journey towards financial peace. It is however not a replacement for professional financial advice. It helps to serve as an illustration of one important aspect of the financial planning process.
I would like to thank Rajesh Dalmia for readily agreeing to share his work. If you like the guide, do spare a moment to thank him: dalmia2001 [AT] gmail.com
Connect with us on social media
- Twitter @freefincal
- Subscribe to our Youtube Videos
- Posts feed via: Feedburner
- We are also on Google PlusandPinterest
Do check out my books
Get it now. The Kindle edition is only Rs. 199.
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You WantMy second book is now only Rs 199 (Kindle Rs. 99) Get it or gift it to a youngearner
The ultimate guide to travel by Pranav SuryaThis is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step. Get the pdf for ₹199 (instant download)
Free Apps for your Android PhoneAll calculators from our book, “You can be Rich Too” are now available on Google Play!
Install Financial Freedom App! (Google Play Store)
Install Freefincal Retirement Planner App! (Google Play Store)
Find out if you have enough to say "FU" to your employer (Google Play Store)