-
Life Insurance Need Calculator
1. Take life expectancy more than 80 years.
2. Expected Returns above inflation- Do not take more than 1%-2% -
Surrender or Continue Calculator
1. Use this calculator only for traditional insurance policies.
2. Take Mutual Fund Returns as follow
* If the policy remaining term is more than 10 years - 10%
* If the policy remaining term is between 5-10 years -9%
* If the policy remaining term less than 5 years - 6% -
Child Education Calculator
1. Take Education Inflation as 8% if You are an Indian Resident
2. Take marriage inflation as 6% if You are Indian Resident.
3. Take education inflation according to your country of residence if you are an NRI.
4. Take Mutual Funds returns as follow
* Goal More Than 10 Years - 10%
*Goal Between 5-10 Years -9%
* Goal Less than 5 Years - 6% -
Sukanya Samriddhi Yojana Calculator
1. Annual Contribution should be between Rs. 250- Rs. 1.5 Lakhs
2. Take rate of return as 7% in the long run
3. Difference between expected marriage age and account opening age should not be more than 21 years -
Retirement Calculator
1. Take life expectancy more than 80 years.
2. Returns above inflation- Do not take more than 1%-2%
3. Better to take the following returns
* Debt Instruments -6%
* Equity Instrument -12%
* Mix of Equity and Debt - 10% -
Fire Retirement Calculator
1. Take life expectancy more than 80 years.
2. Returns above inflation- Do not take more than 1%-2%
3. Better to take the following returns
* Debt Instruments -6%
* Equity Instrument -12%
* Mix of Equity and Debt - 10% -
PF Accumulation at Retirement Calculator
1. Take annual hike in basic pay as 5% in the long run.
2. Take expected returns as 6% in the long run.
3. Subtract the EPS amount from the monthly contribution or check your salary slip for exact value, -
NPS Calculator
1. Annuity - Time Period in Years for which you want to withdraw monthly pension.
2. If you withdraw at 60 years or more, you must use at least 40% of the corpus to buy an annuity.
3. If you withdraw before 60 years, you must use atleast 80% of the corpus to buy an annuity.
4. Annuity Returns - Do not Take more than 5%-6%.
-
PPF Accumulation Calculator
1. Take expected returns for long term as 6%.
2. Extension is available only for Indian Residents. -
HRA Calculator
1. Four factors which decide your eligibility for House Rent
*Actual HRA received by you
*Actual Rent paid by you
*Your city of residence
*Your salary (Basic Pay & DA) -
Second house for investment calculator
1. Do not take appreciation in house value more than 6%. It would be highly optimistic.
2. Do not consider rent per annum as more than 2%-3% of your property value.
3. Do not take mutual funds returns as more than 10%-12% to be on safer side.
4. Assuming 2 Lakhs deduction for interest paid on the home loan.
-
RD and SIP Calculator
1. Take Mutual Fund Returns as follow
* Tenure Less than 5 Years - 6% - Invest in Debt Funds
* Tenure 5-10 Years - 9% - Invest in mix of Equity and Debt Funds
* Tenure more than 10 years -10% - Take higher equity and less debt
Our Recent Post
LIC Transaction Status Online – How to Check?
TESTIMONIAL
Very informative website..Inspirational writing. Layman language easy to understand.
Tushar Ranjan
Wonderful insight, perspectives were explained clearly
Kushvanth Reddy
Wonderful site with lots of wealth management tips to improve our financial support with alternative solutions.
