1. FINANCIAL PLANNING FUSION RESTURANT, ALLAHABAD 12-02-2011 AJIT SRIVASTAVA, CFP KALYANI PORTFOLIO SERVICES PVT LTD

2. WHAT IS FINANCIAL PLANNING Financial Planning is the process whereby an individual moves towards meeting personal and financial goals through the development and implementation of a comprehensive financial plan

3. WHY FINANCIAL PLANNING IS REQUIRED ? ◊ REACHING FINANCIAL INDEPENDENCE IN THE FUTURE ◊ INCREASING LIFSTYLE OPTIONS IN THE PRESENT ◊ MAINTAINING ADEQUATE LEVEL OF SECURITY ◊ MAINTAINING OR INCREASING THE VALUES OF ASSE TS ◊ EARNINGS A CERTAIN LEVEL OF INCOME ◊ MAXIMISING THE AFTER TAX RETURN WITHIN APPROPRIATE RISK LEVELS ◊ DEMGRAPHIC CHANGES ◊ PREPARE FOR INFLATION ◊ ELIMINATE DEBT

4. CONTD….. ◊ RETIRE WHEN YOU WANT ◊ CARE OF AIGING PARENTS AND DEPENDANTS ◊ HOW ELSE WILL YOU BECOME A MILLIONAIRE

5. FINANCIAL GOALS AND NEEDS

6. DIFFERENT LIFE STAGES

7. TWO TYPES OF FINANCIAL PLANNING NEES

8. PREDICTABLE EVENTS

9. UNPREDICTABLE EVENTS

10. NEEDS AND GOALS : HOW TO MEET WITH THEM

16. THANK YOU!