Last Updated on October 19, 2024 at 7:30 pm
Get the freefincal robo advisory software tool to plan from start to finish for retirement (early, normal, before and after), non-recurring financial goals (child education) and recurring financial goals (holidays, appliances, etc.).
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 2500 investors and financial advisors are using the tool. The tool was recently 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 be used for commercial/professional use as well. Many advisors use this to create financial plans for their clients.
- Users will get all future updates.
Update: Oct 18th 2024. We have included the ability for users to add their own 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 Advisory Software: Read Me First
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. It can be used for commercial purposes as well. More than 2500 investors and financial advisors are using the tool. Users will get all future updates as well.
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
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).
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 (Twitter handle follow him!!), 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 help, this release would not be possible.
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