Current monthly expense
|
|
Years till life expectancy of spouse |
|
Corpus required for house hold expenses |
|
Current cost of education - child 1 |
|
FV cost of education - child 1 |
|
Current cost of marriage - child 1 |
|
FV of cost of marriage - child 1 |
|
PV of investment require for education (Child 1) |
|
PV of investment require for marriage (Child 1) |
|
Current cost of education - child 2 |
|
FV cost of education - child 2 |
|
Current cost of marriage - child 2 |
|
FV of cost of marriage - child 2 |
|
PV of investment require for education (Child 2) |
|
PV of investment require for marriage (Child 2) |
|
PV of all future need |
|
Outstanding loan |
|
Gross coverage required |
|
Existing cover |
|
PV for current investment |
|
Net coverage required |
|