Questionnaire - Financial Planning PDF
Questionnaire - Financial Planning PDF
Questionnaire - Financial Planning PDF
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(To be filled in by FPSB India)
Financial Planning
Questionnaire
Self Study
Number of Dependents 1 2 3 4 5 6
Profile of Dependents
Relationship Age Relationship Age
Father Child-1
Mother Child-2 / Brother
Spouse Child-3 / Sister
Below Rs. 5 Lakh Between Rs. 5 Lakh and Rs. 7.5 Lakh
Between Rs. 7.5 Lakh and Rs. 10 Lakh Between Rs. 10 Lakh and Rs. 15 lakh
V. Assets Owned
IX. Liabilities
Loan amount Month-Year EMI*
Tenure of Loan
Category (Rupees) of availing (Rupees)
(No. of Years)
Loan
Loans
Housing Loan
Vehicle Loan
Education Loan/ Personal
Loan
Credit Cards/Other Loans
* EMI: Equated Monthly Installments
(Amount in Rupees)
Amount Already
Other Liablities Total Estimated cost
Accumulated
Marriage(Self/Dependents)
Hospitalization/Medical
Any Other (please specify) __________
________________________________
FD/RD/ Bonds
Gold/Precious Metals/
Jewellery
Any Other (please specify)
_____________________
Reduce Income-tax 1 2 3 4 5
I consult my family
I consult friends/relatives
12. What of the following have you provided towards Emergency Fund to meet
exigencies like loss of job, hospitalization, etc.:
a) Upto one month’s salary/income in Bank account
b) Upto three months’ salary/income in Bank account
c) Bank Fixed Deposit from 3 - 6 months’ salary/income
d) Other avenues like Mutual Fund schemes, etc.: upto 3-6 months’ salary/income
e) I have not created an emergency fund
13. Suppose you are participating in a contest where you have reached a stage assuring
cash prize of Rs. 1 Lakh, which of the following stages would you pay?
a) Possibility of winning extra Rs. 50,000 by taking risk of Rs. 50,000 won already
b) Possibility of winning extra Rs. 1 Lakh by taking risk of Rs. 75,000 won already
c) Possibility of winning extra Rs. 2 Lakh by taking risk of Rs. 1 Lakh won already
d) I will not play next stage and take home Rs. 1 Lakh won already
14. You have invested Rs. 50,000 each in two stocks A and B. After 1 month you observe
that A has gone up to Rs. 60,000 but B has declined to Rs. 35,000. You would _____.
a) sell stock A and book profit
b) sell stock B and cut your loss
c) sell both stocks
d) do nothing
e) buy more of Stock A
f) buy more of Stock B
15. Suppose you have got Rs. 10 Lakh in Bonus or other benefits. Which of the following
would best represent your utilization of the same?
a) I shall invest Rs. 7.5 Lakh and spend the remaining Rs. 2.5 Lakh
b) I shall invest Rs. 5 Lakh and set aside the remaining Rs. 5 Lakh for non-regular
expenditure such as house renavation/repairs, etc.
c) I shall invest Rs. 5 Lakh and set aside the remaining Rs. 5 Lakh for Holiday/Vacation or
buying/upgrading my Car
d) I shall invest Rs. 2.5 Lakh and set aside the remaining Rs. 7.5 Lakh for buying
Gadgets/Car/Jewellery and spending on Holidays and other entertainment
e) I shall spend a major amount in reducing my outstanding loans
f) I shall invest the whole amount in appreciating assets like land/propoerty/precious
metals
18. I have considered the following while fixing the amount of cover on my Life
Insurance policies:
a) They should cover my family’s future expenses till my spouse survives
b) They should cover all my future earning years’ income
c) They should cover my goal-based financial liabilities (education/marriage of children)
d) They should at least cover all my oustanding loans
e) They should cover my family’s future expenses, goals and oustanding loans
f) I have not considered the above parameters while taking life insurance
g) I have gone by return aspiration on my policies rather than the amount of risk coverage
20. I have taken a health cover (medical insurance) for myself/family in order
to____________.
a) claim deduction from taxable income
b) offset need for liquidating my financial assets in case of hospitalization
c) I have no health insurance policy
21. I have taken the following additional insurance for my assets (tick as many
applicable):
a) House insurance to cover cost of rebuilding my house in case of fire, calamity, etc.
b) Householder policy to cover burglary/ loss due to fire of my gadgets, furniture, etc.
c) Cover against burglary/loss of art, antiques and valuables including jewellery
d) Shopkeeper’s policy
e) Mortgage insurance
24. Which of the following have you considered while estimating your retirement
corpus?
a) My present expenses adjusted for price rise (inflation) for 15 years after I retire
b) My present expenses adjusted for price rise (inflation) for 20 years after I retire
c) 80% of my present expenses adjusted for price rise (inflation) till my/my spouse’s
expected life plus some medical emergency fund
d) Inflation-adjusted income equal to 80% of my present expenses when invested in
moderate risk instruments till my/my spouse’s expected life plus medical fund
e) I have yet not estimated the required retirement corpus
25. Which of the following would you depend on for your retirement corpus?
a) Provident Fund and /or Pension as due from my organization
b) Additional Pension Plans apart from Provident Fund/Pension due from my organization
c) Sale of my assets like gold, additional house to fund any shortfall in my retirement
corpus
d) Rent received from additional house and regular income from investments to cover
shortfall, if any, in my expenses post-retirement
e) Reverse Mortgage of my self-occupied house to fund my post-retirement expenses
f) My children to fund my post-retirement expenses
g) I would curtail my expenses as far as possible to spend my life post-retirement with
whatever funds accumulated
28. Do you fully utilize Income Tax benefits, e.g. deductions from salary/income, rebates,
etc.?
a) Yes
b) No
29. When making various investments, which of the following parameters you focus on?
a) Gross returns
b) After tax returns
c) After tax returns minus inflation for the period
31. I have the following in Joint names (please select as many as applicable in your
case):
a) My bank accounts including Fixed Deposits
b) My Demat account
c) My mutual fund schemes and other investments like Post Office schemes, etc.
d) My residential property and other real estate investments
32. I have availed of the nomination facility in respect of the following (please select as
many as applicable in your case):
a) My bank accounts including Fixed Deposits
b) My Demat account
c) My mutual fund schemes and other investments like Post Office schemes, etc.
d) My residential property (Society) and other real estate investments
e) My life insurance policies
f) My PPF account
33. Have you prepared a Will?
a) Yes
b) No
34. Which of the following vital information is in the knowledge of your spouse/family
members?(please select as many as applicable in your case)
a) Fixed and financial assets you have
b) All loans accounts and other debts
c) All life insurance, health insurance and other policies you have taken
d) All your important documents including Will
After going through the above, you have a fair idea of how a Financial Planner
structures your finances in alignment with your financial goals.