Robo Advisory Software Tool: Build a complete financial plan!

Published on / By M. Pattabiraman Twitter: @pattufreefincal / 83 Comments

Published: September 7, 2017 at 9:57 am

Last Updated on September 18, 2021

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 (Holiday, appliances etc.).

The tool would help anyone from ages 18 to 80 to plan for their retirement, six other non-recurring financial goals and four other recurring financial goals with a detailed cash flow summary.

As of 18th Sep 2021, 702 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.

Presentation: The tool is an Excel file with macros. It will work on Mac Excel and Windows Excel. All inputs are fully customisable. It can be used for commercial use as well. Users will get all future updates as well.  

There are nine Sheets with the following steps. A detailed video guide is available.

Video Guide

https://www.youtube.com/watch?v=6et2bR6aqbs

Robo Advisory Software: Read me First

This is the end-user license agreement. The user will have to agree to this upon first use.Robo advisory software free download

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

https://www.youtube.com/watch?v=6et2bR6aqbs

Get the Robo Advisory Tool

The tool is an Excel file with macros. It will work on Mac Excel and Windows Excel. All inputs are fully customisable. It can be used for commercial purposes as well. As of 18th Sep 2021, 702 investors and financial advisors are using the tool. Users will get all future updates as well.

Get the robo tool by paying Rs. 5160 (Instant Download. No refunds allowed). For support write to freefincal [AT] Gmail [DOT] com.

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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About the Author Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored three print books, You can be rich too with goal-based investing (CNBC TV18), Gamechanger, Chinchu Gets a Superpower! and seven other free e-books on various money management topics. He is a patron and co-founder of “Fee-only India,” an organisation to promote unbiased, commission-free investment advice. He conducts free money management sessions for corporates and associations based on money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association, IIST Alumni Association. For speaking engagements, write to pattu [at] freefincal [dot] com
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