Family*

If you are married (with or without kids), you will fall in this category.

The family will need a comprehensive plan covering financial goals like kids’ education, kids’ marriage, retirement, vacation, various asset purchases like house, car, etc. Insurance planning has to be done comprising of Life, health, accident and asset insurances. Number backed decisions on various loans like Home Loan, Car loan etc will be needed. Tax planning may be required for both spouses. Basic estate planning by way of will would become important with kids coming into the picture.

Also, it is important for both the spouses to have a basic understanding of personal finance. One, it helps to have both spouses to be aligned to the common goals of the family.

More importantly, often, one spouse handles the finance aspects while the other spouse has no clue about personal finance. In case the second person becomes alone at any stage of life, they will struggle to handle financial matters and become prey to the product pushers and unscrupulous relatives.

What is covered?

• Structured knowledge transfer sessions covering investments, insurances, taxation and financial goal planning as applicable to the family scenario
• Preparation of Plan covering all financial goals, investments, insurance, loan management, tax optimization, Will preparation
• Teaching how to purchase financial products directly
• Need based consultations during the 12 month period of engagement.
• Review in the 6th and 12th month. 

Ist Year Fee:

1st Year Fee (applicable to clients enrolling till 31st December 2022) – Rs.20000/- (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.