RETIREMENT NEEDS ANALYSIS

1 Current Age

50

2 Years to Retirement

25

3 Current Annual Income

After Tax (RM)

100,000

4 Current Annual Expenses (RM)

60,000

5 Estimated Inflation Rate (%)

6 Future Value of Annual Expenses

At Retirement Age (RM)

203,181

7 Estimated Rate of Return On

Investment During Retirement (%)

8 * Capital Required to Generate

Income to Cover Annual
Retirement Expenses (RM)

6,772,710

1,264,336

5,508,374

(if unsure, assume a replacement

ratio of 80% of annual income)

(assuming drawing interest only)

9 Estimated EPF Balance At

Retriement Age (RM)

With EPF :

(refer to EPF Worksheet)

10 Balance of Capital Requirement

at Retirement Age (RM)

RETIREMENT NEEDS CALCULATOR

A Balance of Capital Required At
Retirement Age (RM)

5,508,374

B Estimated Rate of Return On

=
Investment Until Retirement Age (%)

C Years to Retirement

25

Note : Please choose only one of the 3 following options and complete the needs calculator accordingly.

OPTION 1 - LUMP SUM INVESTMENT ONLY

D Current Lump Sum Investment
Required (RM)

OPTION 2 - MONTHLY INVESTMENT ONLY

2,630,830

D Current Monthly Investment

Required (RM)

12,350

OPTION 3 - LUMP SUM & MONTHLY INVESTMENT ONLY

D Current Available Lump Sum

=
2,630,830

E Future Value of Lump Sum

F Capital Shortfall

5,508,374

G Balance of Lump Sum Required

2,630,830

H Balance of Monthly Investment

Required

12,350

Lump Sum

0
0

2,630,830
26,121

EMPLOYEE PROVIDENT FUND (Enter Text in Red)

Current Annual Income (After Tax)
Employee's Contribution
Employer's Contribution
Projected EPF Annual Interest
Projected Annual Increment
Expected Retirement Age
Latest EPF Statement Balance

Present

Age
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55

Year
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041

RM100,000
11
12
5
5
55
RM 0
Balance (RM)
23,633
49,628
76,924
105,584
135,678
167,276
200,454
235,290
271,869
310,277
350,605
392,949
437,411
484,095
533,114
584,584
638,628
695,373
754,956
817,518
883,208
952,183
1,024,606
1,100,650
1,180,497
1,264,336

%
%
%
%

Upon Retirement at 55, you'll have a sum of

RM1,264,336

1264336

FUTURE-GRADS NEEDS ANALYSIS

Name of Child

1 Current Age

2 Years to College/ University

3 Current Estimated Annual

Tution Fees Required (RM)

(if unsure, please refer toTable below)

4 Current Estimated Annual

Living Costs Required (RM)

(if unsure, please refer toTable below)

5 Years to Complete the Course

6 Total Estimated Education

Costs (RM)

7 Estimated Inflation Rate (%)

(if unsure, use 6%)

8 Total Estimated Education

Costs (RM)

FUTURE-GRADS COLEGE COST CALCULATOR

A Total Estimated Education
Costs (RM)

B Estimated Rate of Return On

Investment (%)

C Years to College/ University

Note : Please choose only one of the 3 following options and complete the cost calculator accordingly.

OPTION 1 - LUMP SUM INVESTMENT ONLY

D Current Lump Sum Investment
Required (RM)

OPTION 2 - MONTHLY INVESTMENT ONLY

D Current Monthly Investment
Required (RM)

#DIV/0!

OPTION 3 - LUMP SUM & MONTHLY INVESTMENT ONLY

D Current Available Lump Sum

=
#DIV/0!

E Future Value of Lump Sum

F Capital Shortfall

G Balance of Lump Sum Required

H Balance of Monthly Investment

Required

#DIV/0!

Lump Sum

0
#DIV/0!

ESTIMATED AVERAGE TUITION FEES & LIVING COSTS BY COUNTRY (2000)

AUSTRALIA
Expenses
Tuition Fees
Living Costs

Low Cost (A$ per year)

10,000
-

Avg Cost (A$ per year)

18,000
18,500

High Cost (A$ per year)

26,000
-

Low Cost (C$ per year)

4,000

Avg Cost (C$ per year)

8,000
15,500

High Cost (C$ per year)

12,000

Low Cost (NZ$ per year)

13,200
16,000

Avg Cost (NZ$ per year)

14,600
18,000

High Cost (NZ$ per year)

16,000
20,000

Low Cost ( per year)

5,000

Avg Cost ( per year)

10,000
6,400

High Cost ( per year)

7,800

CANADA
Expenses
Tuition Fees
Living Costs
NEW ZEALAND
Expenses
Tuition Fees
Living Costs
UNITED KINGDOM
Expenses
Tuition Fees
Living Costs

0
#DIV/0!

UNITED STATES
PRIVATE SCHOOLS

Expenses
Tuition Fees
Living Costs

Low Cost (US$ per year)

11,000
9,000

Avg Cost (US$ per year)

14,500
11,500

High Cost (US$ per year)

18,000
13,000

Low Cost (US$ per year)

6,000
7,000

Avg Cost (US$ per year)

8,500
9,000

High Cost (US$ per year)

11,000
11,000

UNITED STATES
STATE SCHOOLS

Expenses
Tuition Fees
Living Costs

Tuition Fees for Arts & Commerce Undergraduate Program in States (2009)
States
Avg 3 Years Fees (RM) Tuition Fees Inflation Rate
94500
Malaysia (States School)
3.00
178500
Australia (States School)
4.90
173500
Singapore (Private School)
3.50
278500
United Kingdom (States School)
3.50
262500
United States (States School)
3.50
367500
United States (Private School)
3.50
Note: Extracted from Sin Chew Ji Po (Education Guide) 04/12/2009

YOUR LIFE INSURANCE NEEDS CALCULATOR

A Annual Household Expenses
Excluding Yours : 1
B Annual Investment from Your
Income Which is Set Aside For
Financial Obligations Like
Children's Education, etc. : 2
C Total Income Required :

D Capital Required to Generate

Income : (Divide C by a conservative
rate of return (e.g. 4% = C 0.04)

E Final Expenses : Cash Needed for

Burial Costs, Short Term Debts,
Probate Fees, Taxes, Etc.
F Emergency Fund : At Least 3 Months
of Income Is Advised :
G Total Capital Required :

H Total Savings and Investments :

- FD & Cash Equivalent
- EPF & Other Pension Plan
- Investment (i.e. stocks, bonds & unit trusts)
- Properties (excluding own home)
- Others
I

Your Company's Group Life

Insurance Coverage :

J Your existing personal life insurance

death benefits :
K Any Other Monies Coming to You Upon
Your Death Not Included in H, I & J :
L Total Capital Available Upon Death :

M Amount of Insurance Coverage

Needed : 3

1
2
3

- This excludes all expenses incured by you only ie. Your car, insurances, personal expenditures,business
expenses, food, etc. (but include contributions to dependants).
- Applies to your annual contribution towards the children's education, vacation and other financial objectives which
will continue after your death.
- If the amount is negative, no top-up of insurance is necessary

PERSONAL DATA
Name
Spouse's Name
Home Address
Business Address
Phone No.

Self :
Spouse :
Home :

Business :

Self

Handphone : Self

Spouse :

CONSULTANTS DATA
Name
Lawyer
Accountant

Address

Phone

Personal
Business
Personal
Business

Trust Officer
Bank Executive
Life Insurance Agent
General Insurance Agent
Securities Remisier/ Dealer
Real Estate Agent
Financial Consultant
SELF AND SPOUSE
Date of Birth

I/C No

EPF No.

Income Tax No.

Socso No.

Self
Spouse
CHILDREN AND GRANDCHILDREN
Name
Date of Birth

Birth Cert/ IC No.

Address

Contact No.

Relationship

PARENTS AND SIBLINGS

Name

Birth Cert/ IC No.

Address

Contact No.

Relationship

Date of Birth

SPOUSE'S PARENTS AND SIBLINGS

Name
Date of Birth

Birth Cert/ IC No.

Address

Contact No.

Relationship

Tenure (Months)

Maturity Date

LISTING OF ASSETS as at :
Cash, Cash Equivalents
Items

Account Number

Location of Account

Interest Rate (% p.a.)

Current Value
Self
Spouse

Cash

Current A/C

Saving A/C

FD A/C

Others

Total

LISTING OF ASSETS as at :

(continued)

Stocks/ Bonds/ Warrants/ Rights

Items
Date Acquired

No of Units

Cost of Investment

Total

LISTING OF ASSETS as at :
Unit Trusts
Name of Funds

Current Value
Self
Spouse

Unrealized
Profit/ Loss

Annual Yield (%)

(continued)

Name of
Fund Manager

Date Acquired

Account Number

Invested Amount

Current Value
Self
Spouse

Unrealized
Profit/ Loss

Total

Property
Location

Title Deed

Date Acquired

Total

Purchase Price

Other Cost*

LISTING OF LIABILITIES as at :
Outstanding
Obligations
Property Loan (s)

Car Loan (s)

Other Bank/ Property Loans

Family/ Personal Loan (s)

Credit Cards

Tax Liabilities

Account Number

Current Outstanding
Balance
Spouse
Self

Monthly Annual
Repayment
Spouse
Self

Interest Rate (%)

Current Value
Self
Spouse

Unrealized
Profit/ Loss

Others

Total

LISTING OF INSURANCE POLICIES as at :

LIFE INSURANCE POLICY
Name of Insured (Self)
Item
Policy Number
Insurance Co.
Type of Policy
Issue Date of Policy
Maturity Date
Sum Insured
Annual Premium
Current Cash Value
Death Benefits

Policy 1

Policy 2

Policy 3

Policy 4

Policy 5

Total

0
0
0

Extra Benefits and Riders (e.g

TPD and Accidental Death,
etc.)
Remarks

LISTING OF INSURANCE POLICIES as at :

LIFE INSURANCE POLICY
Name of Insured (Spouse)
Item
Policy Number
Insurance Co.
Type of Policy
Issue Date of Policy
Maturity Date
Sum Insured
Annual Premium
Current Cash Value
Death Benefits

Policy 1

(continued)

Policy 2

Policy 3

Policy 4

Policy 5

Total

0
0
0

Extra Benefits and Riders (e.g

TPD and Accidental Death,
etc.)
Remarks

LISTING OF INSURANCE POLICIES as at :

(continued)

MEDICAL INSURANCE POLICY

Item
Name Insured
Policy Number
Insurance Co.
Type of Policy
Annual Premium
Limit of Coverage

Policy 1

Policy 2

Policy 3

Policy 4

Policy 5

Policy 6

Policy 1

Policy 2

Policy 3

Policy 4

Policy 5

Policy 6

Policy 2

Policy 3

Policy 4

Policy 5

Policy 6

Remarks
GENERAL INSURANCE POLICY
Property Insurance
Item
Name Insured
Policy Number
Insurance Co.
Type of Policy
Annual Premium
Amount of Coverage
Location of Property
Remarks
GENERAL INSURANCE POLICY (continued)
Motor Vehicle Insurance
Item
Name Insured
Policy Number
Insurance Co.
Type of Policy
Annual Premium

Policy 1

NCD
Motor Vehicle Make/ Year
Remarks

Other Property/ Liability Insurance

Item
Name Insured
Policy Number
Insurance Co.
Type of Policy
Annual Premium
Amount of Coverage
Remarks

Policy 1

Policy 2

Policy 3

Policy 4

Policy 5

Policy 6

THE MALAYSIAN LIFE EXPECTANCY TABLE

To see how long you are likely to live, on average, find your current age in this table and then check out your lifespan. Note
that the older you already are, the longer you are expected to live. Women outlive men.
AGE
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72

MALE
75.65
75.71
75.77
75.84
75.92
76.00
76.08
76.16
76.23
76.29
76.35
76.41
76.46
76.50
76.55
76.59
76.63
76.68
76.72
76.77
76.82
76.87
76.93
76.99
77.05
77.12
77.20
77.28
77.37
77.47
77.58
77.70
77.83
77.96
78.11
78.26
78.43
78.61
78.80
79.00
79.21
79.43
79.66
79.89
80.14
80.39
80.66
80.95
81.25
81.56
81.90
82.25
82.62
83.01
83.41

FEMALE
81.45
81.46
81.48
81.50
81.52
81.54
81.57
81.59
81.62
81.65
81.68
81.71
81.74
81.78
81.81
81.85
81.89
81.92
81.96
82.01
82.05
82.09
82.13
82.17
82.22
82.26
82.31
82.36
82.41
82.47
82.52
82.58
82.65
82.71
82.78
82.85
82.94
83.04
83.16
83.28
83.42
83.58
83.74
83.92
84.10
84.30
84.50
84.70
84.91
85.12
85.35
85.61
85.58
86.19
86.51

73
74
75

83.84
84.28
84.74

86.86
87.22
87.60