Financial planning a ready reckoner

Cover
Contents
Chapter 1: Introduction to Financial Planning
	1.1 What is Financial Planning?
	1.2 The Need for Financial Planning
	1.3 Who is a Financial Planner?
	1.4 Remuneration of Financial Planners
	1.5 Who Needs Financial Planning Advice?
	1.6 Who is a Successful Financial Planner?
	1.7 Comprehensive Financial Planning—A Six-step Process
	1.8 Format of a Written Financial Plan
Chapter 2: Financial Mathematics — I
	Financial Mathematics
	2.1 Time Value of Money
	2.2 Calculation of Future Value for a One-time Investment i.e. a Single Investment
	2.3 Use of Financial Calculator and Excel Sheet
	2.4 How to Calculate Effective Annual Interest Rate?
	2.5 Present Value of One-time Investment
	2.6 Computation of Implied Return on Investment
	2.7 Computation of the Number of Periods in an Investment
	2.8 Real Rate of Return
	2.9 Causes of Interest Rates
	2.10 Real vs Nominal Interest Rates
	2.11 Return Adjusted for Tax
Chapter 3: Financial Mathematics — II
	3.1 Holding Period Return
	3.2 What is Annuity?
	3.3 Types of Annuities
	3.4 Future Value of an Annuity
	3.5 Use of Financial Calculator and Excel
	3.6 How to Compute Required Monthly/Annual Saving (Pmt)
	3.7 How to Compute Present Value of an Annuity?
	3.8 Computation of Rate and Number of Periods
	3.9 Deferred Annuity
	3.10 Annuity in Perpetuity
	3.11 Growing Annuity
	3.12 Net Present Value and IRR
	Practice Questions on Financial Mathematics — 1
	Answers to Practice Questions — 1
	Practice Questions on Financial Mathematics — 2
	Answers to Practice Questions — 2
	Practice Questions on Financial Mathematics — 3
	Answers to Practice Questions — 3
	Practice Questions on Financial Mathematics — 4
	Answers to Practice Questions — 4
	Practice Questions on Financial Mathematics — 5
	Answers to Practice Questions — 5
	Practice Questions on Financial Mathematics — 6
	Answers to Practice Questions — 6
Chapter 4: Personal Financial Ratios
	4.1 Need to Compute Personal Financial Ratios
	4.2 Type of Ratios
Chapter 5: Retirement Planning
	5.1 What is Retirement Planning?
	5.2 What is the Need for Retirement Planning?
	5.3 Why the Need for Retirement Planning is Increasing
	5.4 Who Needs Retirement Planning Advice?
	5.5 Role of Financial Planners in Making Efficient Retirement Plans
	5.6 How are Financial Planning and Retirement Planning Interrelated?
Chapter 6: Various Products Available to Save and
	6.1 Public Provident Fund (PPF), 1968
	6.2 Senior Citizen Saving Scheme (can be bought after retirement)
	6.3 Employee Provident Fund Scheme, 1952
	6.4 Post Office Monthly Income Scheme
	6.5 Government of India 8 Percent Savings (Taxable) Bonds, 2003
	6.6 National Saving Certificates
	6.7 Kisan Vikas Patra
	6.8 Bank Fixed Deposits
	6.9 Various Insurance Schemes
	6.10 Pension Plans
	6.11 Various Products of Mutual Funds
	6.12 Reverse Mortgage
Chapter 7: Solved Numericals on Retirement Planning
	Questions on Retirement Planning
	Questions on Retirement Planning which Involve Three Steps
	Practice Questions on Retirement Planning — 1
	Answers to Practice Questions on Retirement Planning — 1
	Practice Questions on Retirement Planning — 2
	Answers to Practice Questions on Retirement Planning — 2
	Practice Questions on Retirement Planning — 3
	Answers to Practice Questions on Retirement Planning — 3
	Practice Questions on Retirement Planning — 4
	Answers to Practice Questions on Retirement Planning — 4
	Practice Questions on Retirement Planning — 5
	Answers to Practice Questions on Retirement Planning — 5
	Practice Questions on Retirement Planning — 6
	Answers to Practice Questions on Retirement Planning — 6
Chapter 8: Mutual Funds
	8.1 Definition
	8.2 Benefits of Investing in Mutual Funds
	8.3 Structure of Mutual Funds
	8.4 History of Mutual Funds in India
	8.5 Terminology Associated with Mutual Funds
	8.6 Mutual Fund Family
	8.7 Types of Mutual Fund Schemes
	8.8 How to Invest in a Mutual Fund
	8.9 Mutual Funds — A Globally Proven Investment
	8.10 Rights of a Mutual Fund Unit Holder
	8.11 Precautions to be Taken while Investing in Mutual Funds
	8.12 Some Frequently Asked Questions Related to Mutual Funds
Chapter 9: Case Studies for Practice
	9.1 Financial Plan Construction
	9.2 Emergency Provision/Provision for Contingencies
	9.3 Insurance Requirement
	9.4 Buying a Residential House
	9.5 Providing for other Financial Goals
	9.6 Asset Allocation
	9.7 Estate Planning
	9.8 Practical Case Studies on Financial Planning and the Recommendations
Chapter 10: Code of Ethics and Rules of Professional Conduct
	10.1 What is a Code of Ethics?
	10.2 Why Have a Code of Ethics?
	10.3 FPSB, India’s Code of Ethics to be Followed by Financial Planners
Index