Retired
At this stage, income earners of the family have retired. This stage mainly involves structuring the Retirement corpus for withdrawals to sustain through the remaining retired life, tax planning, health insurance planning, Estate planning. Safety of the corpus becomes very important and even slight fluctuations can cause anxious moments since there is not much time to recover from any adverse economic situations.
What is covered?
- Structured knowledge transfer sessions covering Retirement Planning, Health Insurance Planning, Tax Planning & Estate Planning as applicable to the family scenario
- Preparation of Plan covering Retirement corpus management, health insurances, tax optimization, Will drafting etc
- Handholding in purchasing financial products directly
- Reviews in the 6th and 12th month
1st Year Fee:
1st year Fee (applicable to clients enrolling till 31st December 2022) – Rs.15000/- (All inclusive).
Renewal Fee:
Same as 1st year fee. Reviews in the 6th and 12th month. Need based consultations during the 12 months of renewal period.
Review fee:
This is an alternative to renewal which aims to provide flexibility to clients who does not wish to renew every year but would like to come back for a review at some point.
Client will come back when they wish to review and a fresh engagement will be entered into with a tenure of one month during which the review and the associated discussions will be completed.
Fee for each such review will be Rs.5000/- .
Please note – Review option is available only for a client who has undergone the initial financial planning process with me earlier at some point of time. A prospective client coming to me for the 1st time cannot opt for the review option.