TOP 10 Retirement Mistakes 1.      49% people are under estimating the impact of Inflation. 2.     46% people are under estimating, how long they will live? 3.     42% people are over estimating Investment Income. 4.     41% people are investing too conservatively. 5.     40% people are setting unrealistic return expectations. 6.     39% people are forgetting healthcare costs in life span. 7.     35% people are failing to understand Income sources after              retirement. 8.     33% people are relying too heavily on public benefits. 9.     23% people are under estimating Real Estate                                     (Property) Costs. 10.   21% people are investing too aggressively without           ...

  Human Life Value (HLV) It is an income of summations as on date, presuming balance income to be earned in future till the Age of Retirement. How Human Life Value is calculated? There are two methods to calculate Human Life Value (HLV) 1) Income Replacement Method 2) Need based Method 1)    Income Replacement Method: Whatever income is used to support the family has to be replaced through Life Insurance to protect Future Income. 2) Need based Method Amount required to fulfill the family future needs and goals in the event of demise of the earning member.

  7 important Secrets for one of the Valuable Financial Asset 1)      There is only one solution for converting your Liabilities into Asset - That is the only one, which  i s Life Insurance. 2)    The one and only single Financial Asset which creates an Asset on the First Day up to your Total Sum of the Future Income in coming years by paying single installment - That is the only one,  which is Life Insurance.      3)      There is only one Asset which hurts no one and helps every one - The one and only, Life Insurance.  4)    It is the only one Asset which is Cash-less CASH, that is Life Insurance.  5)    Life Insurance is complete big Tax-free inheritance to the Next Generation.  6)    Life Insurance is a Truly Transparent Asset (Legal heirs need not necessarily be intelligent).  7)    Life Insurance is a Long Term Guaranteed Commitment for a Life...

 Be a winner in the game of investing just like Cricket The most important amongst them being strategy and a long term view.   * Physical Fitness = Investor Awareness Do your research before making any decisions. And, when in doubt, always consult a professional on what course of action to take.  * Team Selection = Asset Allocation Like a cricket team is made up of diverse players like fast and spin bowlers, batsmen, wicket keepers, fielders, etc. your portfolio too needs the right mix of asset classes like equity, debt, insurance, cash and gold to name a few. *  Game Plan = Risk Appetite Just as a player assesses his risk before playing, you too need to make the right preparations before investing. Determine your risk profile to decide how much to allocate in each asset class and whether the time is suitable to play hard or play safe.  *  Winning the Toss = A Good Start The toss plays a significant role and ensures a good start. In investing, an early...

 Rules of Wealth Creation-2 1) *50-30-20 Rule - about allocation of income to expense* Divide your income into 50% - Needs (Groceries, rent, emi, etc) 30% - Wants (Entertainment, vacations, etc) 20% - Savings (Equity, MFs, Debt, FD, etc) Atleast try to save 20% of your income. 2) *3X Emergency Rule* Always put atleast 3 times your monthly income in Emergency funds for emergencies such as Loss of employment, medical emergency, etc. 3 X Monthly Income.  In fact, one can have around 6 X Monthly Income in liquid or near liquid assets to be on a safer side. 3) *40%EMI Rule* Never go beyond 40% of your income into EMIs. Say you earn, 50,000 per month. So you should not have EMIs more than 20,000. 4) *Life Insurance Rule* Always have Sum Assured as 20 times of your Annual Income 20 X Annual Income.  Say you earn 5 Lacs annually, you should at least have 1 crore insurance by following this Rule. 5) Rule of 144*  No of years it takes to double your money a...

  Rules of Wealth Creation-1 1) *Rule of 72* No. of yrs required to double your money at a given rate, U just divide 72 by interest rate Eg, if you want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs At 6% rate, it will take 12 yrs At 9% rate, it will take 8 yrs 2) *Rule of 70* Divide 70 by current inflation rate to know how fast the value of your investment will get reduced to half its present value. Inflation rate of 7% will reduce the value of your money to half in 10 years. 3) *4% Rule for Financial Freedom* Corpus Reqd = 25 times of your estimated Annual Expenses. Eg- if your annual expense after 50 years of age is 500,000 and you wish to take VRS then corpus with you required is 1.25 cr. Put 50% of this into fixed income & 50% into equity. Withdraw 4% every yr, i.e.5 lac. This rule works for 96% of time in 30 yr period

   8 Laws of Wealth First Law: Keep a part of all you earn. Save at least 30% of your Income. Second Law: Put your savings to work for you. Invest it so it will multiply.        Third Law: Secure your future earn-able  Income by the only way of Life Insurance for your Family’s future Life style, needs and wants. Forth Law: Avoid Debt / Loan. The poor people pay interest while the Rich people earn interest.       Fifth Law: Don’t speculate in get rich quick-schemes. Invest in a solid business that is for long term. Take an advice from Financial Advisor.       Sixth Law: Invest in yourself. Gain knowledge and skills for increase your earning power. Seventh Law: Diversify your Assets. Have multiple passive streams of income. Eighth Law: Prepare Will or do estate planning.

                                          No-Cost EMI What is No-Cost EMI? No-Cost EMI is a financing scheme offereed by Merchants for Retailers by which you pay the price of the product in equated monthly installments. How does it work? Generally, there are 3 parties involved in the transaction, the Manufacturer / Retailer, Bank and the Consumer / Customer. "One thing we need to understand that neither Manufacturer nor bank, are charitable organisations. They are in the business to make profits." In the case of No-Cost EMI, the Manufacturer offers a discount that is equivalent  to the interest cost (but not to the Consumer / Customer). Example:                                   Particulars                      ...

  8 Financial Lessons to learn from Ramayana 1. Get your Life Secured: You are not Laxman, and there is no Hanuman for you, who can get Sanjeevani for you. So get Life Insurance today. 2. Set your Budget: Set "Laxman Rekha" of your financial budget and make sure that you do not cross it due to luring online discounts. Understand the difference between needs and wants and be financially disciplined. 3. Contingency Fund: Have an adequate emergency funds to handle unforeseen circumstances as Lord Ram was sent to "Vanvaas" for 14 years and was forced to leave his Luxurious Palace. 4. Be Patient and Think Long Term: Stay invested for the long term, there is no shortcut to success in the financial assets. As Lord Rama was patiently waited until the situation was favourable to him. 5. Choose your Advisor wisely:  Mata Kaitkey listened to Manthara's advice and all were got sad. 6. Build a Corpus: Lord Rama built the Ram-Setu along with patience. Likewise, to build ...

  7 Levels of Financial Freedom (1)      Clarity: You should take a help of Financial Advisor to figure out where you are financially and where you want to go. (2)     Self-Sufficiency: You should control your expenses and avoid unwanted expenses. (3)     Saving habit: You should have a habit of Savings, Investments, and Protection of your future Income to survive your family. (4)     Stability: You have no "bad" debt and at least 12 months worth of expenses in case of emergencies. (5)     Flexibility: You should save at least 2 years of expenses as an emergency fund. (6)     Financial Independence: You can live off the income when your investments will generate the income. (7)     Abundant Wealth: Earning money is an important, but to manage the Money is far important than it. Always do investments for long term for creating a wealth.

  "RICH"     by Simple Rules GOLD is for Ornaments only, not for an investments. PROPERTY is for a home and business only, not for an investments. FIXED INCOME through Debt Funds only to generate regular income along with Capital Appreciation. INSURANCE is the only financial asset or tool for protection of Future Income for Family survival. No substitute of Insurance. EQUITY (Equity Mutual Funds) is the only financial asset, which creates the WEALTH and beat the Inflation. Financial Happiness COACH (Since 1999)  

  Similarity between Cricket and Investments 1.     Investing is like batting in Cricket. 2.    If you get a juicy full-toss, you may hit for a six or four.          Similarly, you get a juicy full-toss when a market down.            If you invest when market down, you will be rewarded with an  extra % of Return more. 3.     If you get a well directed bouncer, you simply duck. This is what you need to do with your portfolio when market down. You go through that phase without disturbing your portfolio. 4.     When you get a half volley in your zone, you smack it for a 4. This is like booking some profits and switch over to safe asset when market at all time high. 5.     When the ball is swinging both ways on a green track, you   play with patience and focus on taking your 1 and 2 runs. This is what you need to do when market are in volatile condition. You...

                                           Life Insurance and MF (Mutual Fund):  If One is Chalk, the Other is Chees e   Life insurers often use the slogan, “Sab se Pahele Life Insurance".  "सब से पहले जीवन बीमा ”. For the last few years, the Mutual Fund (MF) industry has been using a slogan more vigorously, “Mutual Fund Sahi Hai.”  "म्यूचुअल फंड सही हैI" Both Life Insurance and Mutual Funds are reasonably powerful in the financial planning industry. Let us understand the distinct nature and purpose of these two. Life insurance is meant for managing risks associated with the life of individuals, in case they die prematurely or live too long. Mutual fund is meant for increasing the wealth of individuals through pooling of investable funds. While both focus on some kind of fund pooling, the objectives are entirely different. ...

                                7 Mantras to wise Investing   1.   Follow Life-Cycle investing. 2     2. R ead details carefully before investing and take informed decisions. 3     3.  Beware of free Advice. 4     4.  Don’t get taken in by Advertisement. 5     5.  Look at the credentials of the Advisor and keep a Financial Advisor as a Family member. 6     6.  Don’t borrow to invest. 7     7.  First secure (insure) your future income protection and after that invest in Mutual Funds for Wealth Creation.

  Govt.'s View an Economic Perspective *    Government believes that Investor's Money           investments in Land, Properties, Gold, etc,.           does not benefit to the Economy. *    On the other hand, Money invested in                     Financial Assets like Equity Mutual Funds,                Debentures, F.D.s, Bonds, LIC Policies can be        productive investments for the Economy. *    The Money that the Government mobilizes           through issue of Govt. securities can go                     towards various productive purposes. *    The Companies whose shares are bought can          invest the money in an expansion projects, ...

  5 Secrets of Money   1.   The Rich people do not work for Money. Money work for them. 2.   The Middle Class / poor people work for Money. 3.   Rich people acquire Assets. The Middle Class / poor people acquire Liabilities. 4.     Middle Class / poor people buy Investments rather than buy learning about Investing. 5.   Time is the most expensive resource. Money multiplies due to Time Compounding. Example : Property, Gold, SIPs, Whole Life / Endowment LIC Policy.

                                                         " Rakhi "  (Raksha-Bandhan) “Raksha-Bandhan” is a Festival for love and affection between Brother and Sister.  Brother and Sister both are should not lose the Trust   between them. The meaning of “Raksha-Bandhan” is Sister do pray the “Life Security” of her Brother. As a Result, Brother should give gift to his Sister as Life Time Regular Income by way of LIC Policy on her name, same way to protect Sister’s “Life Security”.       Wealth Club Indian 9879162122 wealthclubindian@yahoo.com

  Enjoy Independence Day All are going to Celebrate Independence Day on 15 th August 2023, but Are You going to Celebrate Your F.I.D.? F.I.D. = Financial Independence Day This Independence Day, aim to Target your Financial Freedom with the Right Goal based Planning. We assure that once you meet us, you will be definitely get your F.I.D. in coming years. Let us together discover the beautiful journey of Your Financial Independency Day. Contact us for meeting to get better result. Our Mission : Everyone should get F.I.D. By Wealth Club Indian 9879162122 wealthclubindian@yahoo.com

     EPF / VPF / PPF  SCHEME   Vs    LIC  SPECIAL  SCHEME ► Investments only till age of 60.                 ► Divert the amount of VPF / PPF in to LIC special Scheme.   ► This is the last option to get insured after the age of 50.   ► Free Life insurance coverage till age of 72 without paying anything.   ► Permanent Dis-ability benefit included at free of cost.   ► Additional amount with equal to Policy value will be payable to Nominee in case of Accidental Death.   ► Return on investments will be more than VPF / PPF in LIC special Scheme subject to consider Net Investment amount. ► Can get lump sum amount after the age 60, in case of any emergency in lif...

                                                  Post Sukanya Vs LIC Special Scheme ► Investments only for 9 years.               ► Divert the amount of POST SUKANYA SCHEME in to LIC SPECIAL SCHEME. ► Post Sukanya Scheme for Girl child only where as LIC Special Scheme is for all. ► Free Life insurance coverage in any kind of death case till 21 years or till the maturity of the scheme without paying anything. ► Free Life insurance coverage increasing every year by year till the maturity of the scheme without paying anything. ► Additional amount with equal to Policy value will be payable to Nominee in case of Accidental Death. ► Permanent Dis-ability benefit included at free of cost. ...