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Resource plan report stage 1 - final

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Ajay Zitshi

The document provides a summary of Mr. Arnab Dutta's financial plan which includes an annual income statement, futuristic resource statement, application of funds statement, and risk analysis. It shows that Mr. Dutta earns Rs. 8,00,000 annually of which Rs. 42,230 is paid in taxes. Of the remaining Rs. 7,57,770, Rs. 3,50,000 is allocated to non-discretionary expenses and Rs. 1,80,000 to discretionary expenses. The surplus each year is projected to total Rs. 10,76,41,174 over his working life along with existing investments of Rs. 1,16,12,577 for a total of Rs

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Speciallypreparedfor Mr.ArnabDutta
PLANSUMMARY Self ContactDetails Name :Mr.ArnabDutta Address :75,ParkStreet,3rdFloor,Flat‐3C, DOB :01‐Aug‐1983 Kolkata‐700016 Age :27Years Email :aryasmiling@gmail.com Gender :Male ContactNo. :+91‐98366‐33377 AnnualIncomeStatement Description Amount(INR) 5% GrossIncome 8,00,000 28% TaxesPaid 42,230 IncomeAfterTax 7,57,770 44% 23% Non‐DiscretionaryExpenses 3,50,000 DiscretionaryExpenses 1,80,000 TaxesPaid NonDiscretionaryExpenses Surplus 2,27,770 DiscretionaryExpenses Surplus FuturisticResourceStatement 140 Resources Value(INR) x100000 120 100 AggregateSurplusduringworkinglife 10,76,41,174 80 60 40 Investments(NetofLoans) 1,16,12,577 20 ‐ 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 Subtotal 11,92,53,751 IncomeAfterGrowth NetSurplus ApplicationofFundsStatement Avenues Value(INR) 80 64 69 x100000 60 56 60 49 52 Non‐DiscretionaryExpenseduringRetirementPeriod 5,83,85,560 37 40 43 46 40 33 35 DiscretionaryExpenseduringRetirementPeriod 3,00,26,859 20 29 31 33 35 22 24 25 27 17 18 19 21 Financialrequirementtomeetobjective 9,50,000 ‐ 61 62 63 64 65 66 67 68 69 70 71 72 Subtotal 8,93,62,419 Non‐DicretionaryExpenses(NDE) Surplus(Deficit‐) 2,98,91,332 DicretionaryExpenses(DE) GLOSSARY  Non‐DiscretionaryExpenses:Thesearethoseexpensesonwhichwedon'treallyhavemuchcontrol.Theseexpensesmustbepaidortheremaybe seriousconsequences.TheseexpensesincludeHouseRent,LoanEMIs,InsurancePremiums,UtilityBills,Child’sEducationExpenses,etc.  DiscretionaryExpenses:Thesearethoseexpensesonwhichwehavefullcontrolandaremadeasperanindividualschoiceandlifestyle.Theseinclude expensesmadeonDinningOut,RecreationandEntertainment,DryCleaners,Gifts,etc.Thesemaynotnecessarilybediscretionarybutareoptional, astheyarediscretionarybecauseyouhaveachoice(i.e.yourlifestyleaffectsifyouneedtheseitems,andifso,howmuchtheycost).
RiskAnalysis 100% RiskFactors Requirement Existing Deficit/Excess 13,00,000 1,00,000 1,00,000 33,00,000 90% 80% 70% LifeInsurance 43,00,000 30,00,000 13,00,000 60% 50% 40% CriticalIllness 4,00,000 3,00,000 1,00,000 30% 30,00,000 10,00,000 3,00,000 2,00,000 20% Medical 3,00,000 2,00,000 1,00,000 10% 0% LifeInsurance CriticalIllness Medical Accident Accident 43,00,000 10,00,000 33,00,000 Existing Deficit(Excess) RiskProfile: AholisticapproachofbalancingRequirement,RisktakingAbilityandEmotionalTolerance Requirement LOW RiskTakingAbility HIGH EmotionalTolerance LOW YouroverallriskprofileisMODERATE Youshouldideallyinvest50%inEquityand50%StableProducts Remarks: Youcansavetaxusingtaxplanningtools YoucanreviewyourDiscretionaryExpenses Pleasetakeproperinsurance Toupdate/changeyourResourcePlan clickhere Forfurtherdetails,clickhereck.info@microsec.in GLOSSARY  Requirement:Ithighlightsyourresource(financial)healthincomparisontoyourrequirementstomeetthesetobjectivesandretirementexpenses. Yourrequirementisrankedas‘Low’,‘Moderate’and‘High’onthebasisofthedifferencebetweentheavailableresourcesandapplicationoffunds.  RiskTakingAbility:Ithighlightsyourriskappetiteasthedifferencebetweenyouravailableresourcesandapplicationoffundscomparedtodifference betweenapplicationoffundsandnetworth.  EmotionalTolerance:Ithighlightsyourrisktakingabilityonyourcapitalandinterestearnedthereofbasedasyourinvestmentpreference.
Disclaimer:  Thisplanispreparedsolelyfortheuseoftheclienttowhomitisaddressed.Kindly,informusatck.info@microsec.in,incaseyouhavereceivedthisdocumentby mistake.  Wehavereliedoninformationsuppliedtousbyyou,which,wehaveassumedtobecorrect.Noresponsibilitycanbeacceptediftheinformationthatyouhave providedisincorrectorinaccurate.  Wedonotpromisethattheinvestmentsyoumakebasedonthisplanwillbeprofitable.Theinvestmentsaresubjecttovariousmarket,currency,economic, politicalandbusinessrisks.Wewillnotbeliableforanylossesthatmaybecauseddirectlyorindirectlybycircumstancesbeyondourreasonablecontroloron accountofourgoodfaithdecisionsoractions.  Thisdocumentdoesnotconstituteanoffertosellorasolicitationofanoffertobuyanysecurityorotherfinancialproduct,whichmaybereferredtoherein.  TheFinancialPlanningCheckUptoolismeanttobeusedforindicativepurposesonly.Theresultsofthecalculation/scannotbeconstruedtobeentirelyaccurate/ comprehensiveandMicrosecFinancialServicesLtdoranyassociatedcompaniesoranyemployeethereofisnotliableforanyconsequencesarisingoutofthesame

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Resource plan report stage 1 - final

  • 2. PLANSUMMARY Self ContactDetails Name :Mr.ArnabDutta Address :75,ParkStreet,3rdFloor,Flat‐3C, DOB :01‐Aug‐1983 Kolkata‐700016 Age :27Years Email :aryasmiling@gmail.com Gender :Male ContactNo. :+91‐98366‐33377 AnnualIncomeStatement Description Amount(INR) 5% GrossIncome 8,00,000 28% TaxesPaid 42,230 IncomeAfterTax 7,57,770 44% 23% Non‐DiscretionaryExpenses 3,50,000 DiscretionaryExpenses 1,80,000 TaxesPaid NonDiscretionaryExpenses Surplus 2,27,770 DiscretionaryExpenses Surplus FuturisticResourceStatement 140 Resources Value(INR) x100000 120 100 AggregateSurplusduringworkinglife 10,76,41,174 80 60 40 Investments(NetofLoans) 1,16,12,577 20 ‐ 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 Subtotal 11,92,53,751 IncomeAfterGrowth NetSurplus ApplicationofFundsStatement Avenues Value(INR) 80 64 69 x100000 60 56 60 49 52 Non‐DiscretionaryExpenseduringRetirementPeriod 5,83,85,560 37 40 43 46 40 33 35 DiscretionaryExpenseduringRetirementPeriod 3,00,26,859 20 29 31 33 35 22 24 25 27 17 18 19 21 Financialrequirementtomeetobjective 9,50,000 ‐ 61 62 63 64 65 66 67 68 69 70 71 72 Subtotal 8,93,62,419 Non‐DicretionaryExpenses(NDE) Surplus(Deficit‐) 2,98,91,332 DicretionaryExpenses(DE) GLOSSARY  Non‐DiscretionaryExpenses:Thesearethoseexpensesonwhichwedon'treallyhavemuchcontrol.Theseexpensesmustbepaidortheremaybe seriousconsequences.TheseexpensesincludeHouseRent,LoanEMIs,InsurancePremiums,UtilityBills,Child’sEducationExpenses,etc.  DiscretionaryExpenses:Thesearethoseexpensesonwhichwehavefullcontrolandaremadeasperanindividualschoiceandlifestyle.Theseinclude expensesmadeonDinningOut,RecreationandEntertainment,DryCleaners,Gifts,etc.Thesemaynotnecessarilybediscretionarybutareoptional, astheyarediscretionarybecauseyouhaveachoice(i.e.yourlifestyleaffectsifyouneedtheseitems,andifso,howmuchtheycost).
  • 3. RiskAnalysis 100% RiskFactors Requirement Existing Deficit/Excess 13,00,000 1,00,000 1,00,000 33,00,000 90% 80% 70% LifeInsurance 43,00,000 30,00,000 13,00,000 60% 50% 40% CriticalIllness 4,00,000 3,00,000 1,00,000 30% 30,00,000 10,00,000 3,00,000 2,00,000 20% Medical 3,00,000 2,00,000 1,00,000 10% 0% LifeInsurance CriticalIllness Medical Accident Accident 43,00,000 10,00,000 33,00,000 Existing Deficit(Excess) RiskProfile: AholisticapproachofbalancingRequirement,RisktakingAbilityandEmotionalTolerance Requirement LOW RiskTakingAbility HIGH EmotionalTolerance LOW YouroverallriskprofileisMODERATE Youshouldideallyinvest50%inEquityand50%StableProducts Remarks: Youcansavetaxusingtaxplanningtools YoucanreviewyourDiscretionaryExpenses Pleasetakeproperinsurance Toupdate/changeyourResourcePlan clickhere Forfurtherdetails,clickhereck.info@microsec.in GLOSSARY  Requirement:Ithighlightsyourresource(financial)healthincomparisontoyourrequirementstomeetthesetobjectivesandretirementexpenses. Yourrequirementisrankedas‘Low’,‘Moderate’and‘High’onthebasisofthedifferencebetweentheavailableresourcesandapplicationoffunds.  RiskTakingAbility:Ithighlightsyourriskappetiteasthedifferencebetweenyouravailableresourcesandapplicationoffundscomparedtodifference betweenapplicationoffundsandnetworth.  EmotionalTolerance:Ithighlightsyourrisktakingabilityonyourcapitalandinterestearnedthereofbasedasyourinvestmentpreference.
  • 4. Disclaimer:  Thisplanispreparedsolelyfortheuseoftheclienttowhomitisaddressed.Kindly,informusatck.info@microsec.in,incaseyouhavereceivedthisdocumentby mistake.  Wehavereliedoninformationsuppliedtousbyyou,which,wehaveassumedtobecorrect.Noresponsibilitycanbeacceptediftheinformationthatyouhave providedisincorrectorinaccurate.  Wedonotpromisethattheinvestmentsyoumakebasedonthisplanwillbeprofitable.Theinvestmentsaresubjecttovariousmarket,currency,economic, politicalandbusinessrisks.Wewillnotbeliableforanylossesthatmaybecauseddirectlyorindirectlybycircumstancesbeyondourreasonablecontroloron accountofourgoodfaithdecisionsoractions.  Thisdocumentdoesnotconstituteanoffertosellorasolicitationofanoffertobuyanysecurityorotherfinancialproduct,whichmaybereferredtoherein.  TheFinancialPlanningCheckUptoolismeanttobeusedforindicativepurposesonly.Theresultsofthecalculation/scannotbeconstruedtobeentirelyaccurate/ comprehensiveandMicrosecFinancialServicesLtdoranyassociatedcompaniesoranyemployeethereofisnotliableforanyconsequencesarisingoutofthesame