Net Worth
Income Data:
Self
Salary NA
Self-Employment STUDENT
Other Income NA
Asset Data:
Asset Date Acquired
Checking Account 1997
Savings Account 14/5/2005
Money Market Acct.
Auto #1 1/7/2006
Auto #2 9/3/2008
Personal Residence 4/6/2006
Other Real Estate NA
Savings Bonds 3/5/1997
Stock NA
Other Bonds NA
Fixed-Income 9/2/2002
Retirement Plan NA
Royalties, NA
Business Interest NA
Jewelry, 7/4/2004
Other Personal Property NA
Notes Receivable NA
Liability Data:
Liability Date Incurred
Consumer Credit NA
Auto Loan NA
Home Mortgage NA
Personal Loan 24/06/2006
Business Loan 16/07/2006
Other Loans? Education 24/06/2009
Insurance Information
Determine how much Life Insurance you need:- 1000000
Determine how much Disability Insurance you need:- NA
List all of your current policies and coverages:
Life
Health
Property
Auto
Life Insurance
Self
Type of Policy life
Policy Number 3758319367
Insurance Company Name LIC
Coverage Amount 200000
Premium 10000/ Year
Beneficiary Father
Current Cash Value*
Policy Loan*
Health Insurance
Self
Type of Plan NA
Policy Number NA
Insurance Company Name NA
Premium NA
Co-Payment NA
Deductible NA
Primary Doctor
OB/GYN Doctor
Specialist
Property Insurance
Primary Residence
Insurance Company Name NA
Policy Number
Dwelling Coverage Amount
Renewal Date
Premium
Endorsements
Auto Insurance
Vehicle #1
Insurance Company Name
RELINCE GENERAL INSUARANCE
Policy Number 294857265
Renewal Date 15/12/2010
Primary Driver SELF
Secondary Driver NA
Premium 900
Endorsements
Estate Planning
Self
Will
Primary Beneficiary Father
Secondary Beneficiary Mother
Funeral Instructions
Living Will
Advanced Medical Directives
Power of Attorney
Trusts
Goals
Goal #1:
Time Frame Anticipated Financial Commitment
Next one Year For higher studies (brother)
500000
Goal #2:
Time Frame Anticipated Financial Commitment
Next one Year To get merriese
700000
Goal #3:
Time Frame Anticipated Financial Commitment
Next one year To purchase a Car
700000
Goal #4:
Time Frame Anticipated Financial Commitment
Next one year (Purchase house)
1000000
Goal #5:
Time Frame Anticipated Financial Commitment
Next one year Get one child
100000
Goal #6:
Time Frame Anticipated Financial Commitment
Next one year (Brother Marriage)
1200000
Goal #7:
Time Frame Anticipated Financial Commitment
Next one year Adimission of first child
200000
Goal #8:
Time Frame Anticipated Financial Commitment
next Year To start Own Bussiness
2500000
Goal #9:
Time Frame Anticipated Financial Commitment
Next one year (Future planning)
1000000
Goal #10:
Time Frame Anticipated Financial Commitment
Next one year To purchase some Real estate
2000000
Goal #11:
Time Frame Anticipated Financial Commitment
Next one year To start a New Business
3000000
1. List of Financial
Institutions & Services that
use by me & my family:
Spouse Joint
NA Father 30000
NA NA
NA Rent 5000
Dr. NK Mishra
Dr. NK Mishra
Spouse
Financial Source
Edu Loan & Salary
500000
Financial Source
Monthly Salary
50000
Financial Source
Monthly salary & Car loan
60000
Financial Source
Fix. Dep & Salary
1100000
Financial Source
Monthly salary
70000
Financial Source
Fix. Dep & Salary
1300000
Financial Source
Salary
200000
Financial Source
Bank Loan & Salary
2500000
Financial Source
business
1000000
Financial Source
Business & Loan
2000000
Financial Source
Business & Loan
3000000
User
Father
Father
Myself
Myself
Myself
Myself
Brother
Father
Father
Father
Interest Rate
8%
10%
11%