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    Introducing-Welfin Repose

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    IndranilGhosh
    The document discusses the importance of retirement planning at different stages of life to ensure financial security and fulfill dreams after retiring from work. It outlines the objectives, common mistakes, and stages of retirement planning including accumulation from ages 25-60 by investing in the right asset classes and distribution post-retirement through appropriate instruments. Welfin provides a comprehensive retirement planning solution that covers priorities, asset allocation, liquidity, taxation, estate planning, and ongoing support.

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    Introducing-Welfin Repose

    Uploaded by

    IndranilGhosh
    20 views3 pages
    The document discusses the importance of retirement planning at different stages of life to ensure financial security and fulfill dreams after retiring from work. It outlines the objectives, common mistakes, and stages of retirement planning including accumulation from ages 25-60 by investing in the right asset classes and distribution post-retirement through appropriate instruments. Welfin provides a comprehensive retirement planning solution that covers priorities, asset allocation, liquidity, taxation, estate planning, and ongoing support.

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    Welfin-Repose

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    The document discusses the importance of retirement planning at different stages of life to ensure financial security and fulfill dreams after retiring from work. It outlines the objectives, common mistakes, and stages of retirement planning including accumulation from ages 25-60 by investing in the right asset classes and distribution post-retirement through appropriate instruments. Welfin provides a comprehensive retirement planning solution that covers priorities, asset allocation, liquidity, taxation, estate planning, and ongoing support.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    20 views3 pages

    Introducing-Welfin Repose

    Uploaded by

    IndranilGhosh
    The document discusses the importance of retirement planning at different stages of life to ensure financial security and fulfill dreams after retiring from work. It outlines the objectives, common mistakes, and stages of retirement planning including accumulation from ages 25-60 by investing in the right asset classes and distribution post-retirement through appropriate instruments. Welfin provides a comprehensive retirement planning solution that covers priorities, asset allocation, liquidity, taxation, estate planning, and ongoing support.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Introducing- Welfin Repose

    Chanakya, the 4th century scholar has documented his lifelong work in Kautilya Arthashstra that
    has long since been the rule book for financial success. His insights into Financial Planning
    states that, “One should start early with adequate planning, because a well planned approach
    produces good results, even in adverse condition”

    Retirement planning in different stages of life:


    Be it the stage of Bramhacharya, Garhasthya, Banaprastha, or Sanyas, every phase of life
    requires planning to achieve quantifiable financial goals post retirement. Be it corpus creation,
    dream fulfillment or fighting the compulsions of a more pressing nature, we need retirement
    planning at every step, way ahead of time to ensure a peaceful silver separation from an active
    work life.

    Retirement Planning Objectives


     Fulfill your dreams
     Take care of compulsions that are deterrent to your dreams
     Create support system for your family

    Common blunders while planning


     Not prioritizing our dreams and aspirations
     Choosing wrong asset class
     Not considering the importance of liquidity
     Assuming that our next generation will take care of us
     Wrong tax planning resulting in unwanted outflow through tax liability
     Lack of estate planning

    Welfin deliverables-
     A plan that covers the priorities, right asset classes and ensures liquidity
     Inflation insulent plan
     Targets oriented
     End-to-end solution
     Optimized in terms of taxation
     Hand holding support
     Telephonic assistance

    Stages of Retirement Planning:


     Accumulation stage
     Distribution stage

    Accumulation Stage

    Age group: 25-35


    Portfolio Type: Pro-risk (Equity orientation-80%)
    Portfolio Type: Moderate to risk adverse (Equity orientation-50%)
    Investing Objectives : Self Higher Education
    : Term Insurance
    : Health Insurance
    : Self Marriage
    : Wealth Accumulation
    : Tax Planning

    Age group: 35-45


    Portfolio Type: Pro-risk (Equity orientation-60%)
    Portfolio Type: Moderate to risk adverse (Equity orientation-40%)
    Investing Objectives : Term Insurance
    : Health Insurance
    : Child Education
    : Wealth Accumulation
    : Tax Planning

    Age group: 45-60


    Portfolio Type: Pro-risk (Equity orientation-40%)
    Portfolio Type: Moderate to risk adverse (Equity orientation-10%)
    Investing Objectives : Health Insurance
    : Child Education
    : Wealth Accumulation
    : Estate Planning & Trust Creation
    : Tax Planning
    Appendix:
    1. Asset Summary
    2. Expenses Summary
    3. Liability Summary
    4. Tax Planning Summary
    5. Risk Profile Summary
    6. Summary of objective of retirement planning

    Distribution Stage
    Options:
     Senior Citizen Savings Scheme
     Bonds with SWP
     Balanced Fund with SWP
     Annuity Plans from Insurance Companies

    Problems with traditional instruments:


     Real rate of return = Return % - Inflation. This needs to be considered while determining
    which instrument to take
     Safety and security is illusional. In case of problem, only Rs 1,00,000 is guaranteed by
    investor protection act.
     Transparency: In most cases transparency is an issue. Case in point in US64.
    Distribution Plan:
     Number of dependants post retirement
     Compulsion & commitment post retirement
     Residual commitment towards old financial obligation
     Dreams and timeframes post retirement
     Life expectancy
     Medical emergencies & exigencies
     Taxation issues

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