307 - B Sai Complex, Above Hotel Giriraj Kathyawadi, GIDC Char Rasta Vapi. 396195.
Financial Planning
It is a method of accomplishing your financial objectives through wise financial management. A home purchase, education funds for your children, retirement preparation, or estate planning are examples of financial goals.
We assist you in determining where you are right now, what you might need in the future, and what has to be done to go where you want to go through a process that entails obtaining pertinent financial data, creating financial objectives, assessing your present financial situation, and developing a strategy for a plan on how to fulfill your goals and bridge the gap.
Planning is more essential than purchasing a financial product since it enables you and us to have a 360-degree perspective of your financial situation.
Advantages of Financial Planning:
- You want to hire a skilled expert and assure excellent guidance.
- You save money by refraining from poor investment strategies.
- A financial plan comes before any product recommendations, therefore it is, in that sense, entirely objective.
- You place your confidence and peace of mind in the hands of a professional.
Our Method
Our method for financial planning is clear-cut and easy to understand. It’s crucial that you comprehend our consulting procedure and our step-by-step methodology, nevertheless.
Analyze Your Position Now
The initial phase of our conversation is right now. It entails assessing your existing circumstance, which includes performing a cash flow analysis, determining your net worth, and checking your insurance coverage for things like life, disability, house, car, and health.
Set Goals
The financial plan’s goals are then precisely defined so that several objectives may be balanced. The objectives might be short-, medium-, or long-term and could relate to retirement, marriage, children’s education, etc.
Prepare the Plan
Then, in accordance with your goals and risk tolerance, we develop a clear approach. A good strategy must include a winning asset allocation in order to achieve your financial objectives.
Execute the Plan
We will aid you in the process of putting the strategy into action by recommending the ideal combination of goods and services that are crucial to its success.
Periodic Reporting
We will continuously assess the progress after the strategy is put into action. Periodically, we will update you on our progress and the outcomes of the strategy.
Inspect and calibrate
The process of financial planning is dynamic. Every year, we will examine the plan and the results achieved to see if any adjustments are necessary due to events like inheritance, changes in employment status, a child’s birth or a family member’s death, etc.
Talk To Our Insurance Experts
Are you perplexed by complicated insurance terminology? Don't worry. Speak with an IRDAI-certified insurance expert at Plum to get the best group insurance quote.