Financial Planner Lite 6.11
Paid Version
Publisher Description
Financial Planner helps you to plan for your long-term financial goals like Child Education, Child Marriage and Retirement. It helps you assess how much you should invest every month to get a desired amount at the end of an investment period. It helps you to calculate the future value of SIP (Systematic Investment Plan) Payments or to quickly calculate EMI (Equated monthly Installment) of home Loan, Car Loan.
Features
- Goal Planner.
- Retirement Planner.
- Insurance Needed
- Future Value Calculator
- Income Tax Calculator (India) for Financial Year 2015-16, FY 2016-17
- Save Goals and Retirement Plan
- View My Plan
- Option to Modify or delete goal and retirement plan
- Send SMS
- Share Details through other apps like WhatsApp, Hangouts
- Send investment summary in Email with details as attachment.
1. Goal Planner
Goal Planner will help you to plan for any financial goals like Child Education or Child Marriage. It calculates the monthly investment required for achieving the goal. You can give the goal present value, No of Years remain, Expected Inflation and rate of returns on your investments.
Example: Suppose you want to plan for your Child education which costs 8, 00,000 today. The Number of Years remain is 15 years and the inflation you expect is 7% and you expect 12% return from your investments. In that case future value is 22, 07,225 and to achieve that future value you need to invest 4,418 per month or lump sum investment of 4, 03,252 today to achieve the future value.
2. Retirement Planner
Retirement Planner helps you determine how much money you will need for your retirement to maintain the current lifestyle post retirement. You can give the Current Age, Retirement Age, Current Monthly Expenses, and Expected Inflation, rate of returns on your investments before retirement and rate of returns on your investments after retirement.
Example: Suppose you are 30 years old who wants to retire at 58 and expect to live till 80.
If your current Monthly Household Expenses (excluding expenses which will not be part of it post Retirement e.g. EMI, Insurance Premium, Education expenses etc) are 30000, You expect inflation to be around 7% for next 28 years,You expect 15% return on your investments before retirement and
During retirement you expect that your investments will return 10%.
So Number of Years left for your retirement are 28 years and at retirement you will require a retirement corpus of 3,99,98,159 for which I need to save 7,815 per month.
About Financial Planner Lite
Financial Planner Lite is a paid app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Financial Planner Lite is Nilesh Harde. The latest version released by its developer is 6.11.
To install Financial Planner Lite on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2016-11-18 and was downloaded 34 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Financial Planner Lite as malware as malware if the download link to nilesh.al.financialplanner is broken.
How to install Financial Planner Lite on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Financial Planner Lite is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Financial Planner Lite will be shown. Click on Accept to continue the process.
- Financial Planner Lite will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
