AMFI Registered Mutual Fund Distributor
IRDA Certified Life and General Insurance Advisor
Certified Wealth Manager | Certified Financial Planner
NISM Certified Portfolio Manager
AMFI Registered Mutual Fund Distributor
IRDA Certified Life and General Insurance Advisor
Certified Wealth Manager | Certified Financial Planner
NISM Certified Portfolio Manager
| Total child | |
| Child 1 age | |
| Child 2 age | |
| Higher education age | |
| Marriage age | |
| Monthly expense | |
| Inflation | |
| Risk free rate of return | |
| Return on investment for child future | |
| Current cost of higher education | |
| Current cost of marriage | |
| Total outstanding loan amount as of today | |
| Current life insurance cover | |
| Current value of investment |
| Current monthly expense | |
| Years till life expectancy of spouse | |
| Corpus required for house hold expenses | |
| Current cost of education - child 1 | |
| FV cost of education - child 1 | |
| Current cost of marriage - child 1 | |
| FV of cost of marriage - child 1 | |
| PV of investment require for education (Child 1) | |
| PV of investment require for marriage (Child 1) | |
| Current cost of education - child 2 | |
| FV cost of education - child 2 | |
| Current cost of marriage - child 2 | |
| FV of cost of marriage - child 2 | |
| PV of investment require for education (Child 2) | |
| PV of investment require for marriage (Child 2) | |
| PV of all future need | |
| Outstanding loan | |
| Gross coverage required | |
| Existing cover | |
| PV for current investment | |
| Net coverage required |
Above calculation is only for illustrative purposes.
Mutual funds investments are subject to market risks, read all schemes related documents carefully.
CP Wealth & Financial Services is a venture by its founder and promoter CP Joshi, a Certified Financial Planner, Chartered Wealth Manager, and a professionally qualified expert in Finance, Legal, and Company Secretary ship.He held senior positions in prominent corporations such as Larsen & Toubro Ltd, Hyundai Motors India Ltd, ANZ Grindlays Bank, Bharti Airtel, and my last assignment was as Senior Vice President at Vodafone India Ltd.
A-301, Kenwood Tower,
Charmwood Village, Suraj Kund Road,
Faridabad-121009
