Last Updated on April 11, 2021
This is an updated demo of the freefincal robo advisory template. I walk you through the template’s capabilities and how you can create a complete start to finish financial plan with it. More than 410 DIY investors and financial advisors are using the robo advisory template.
Get the freefincal robo advisory software template 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 template 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.
Presentation: 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. Screenshots of the tool are shown below. The video explains each screenshot.
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
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.
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. Also, PlumbLine offers a set of mutual funds to invest in.
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
Robo Advisory Software: Presentation
All settings can be freely changed. Can be used commercially proper credits. Those who have purchased the paid version will get all future updates (including this one). This is an Excel file that will work on Windows and Mac.
Get the robo template by paying Rs. 5160 (NO refunds allowed). I shall send you the file after payment confirmation. Outside India? Then use this Paypal link to pay USD 80 (write to freefincal at Gmail after you pay)