What is HLV Calculator?

HLV Calculator tells you a number about the current value of your future household expenses, personal liabilities and value of your investments.

In case an individual is no longer around, this HLV number helps to know how much money would be required to secure the lives of dependents.

The Human Life Value Calculator has been designed to help you assess your financial value to those you love by estimating the future financial contributions you will make to your family or the financial loss that your family would incur if something happens to you. For the purposes of this calculator, a human life only has economic value in its relation to other lives, specifically a spouse or dependent children. Therefore, if you have neither, the calculator will not generate a result.

Please note, this calculator will provide only a rough estimation of your human life value, which can be a factor in determining the amount of insurance you should have in your financial portfolio.

Who invented HLV (HLV calculator)?

Dr. Solomon S. Huebner discovered the concept of HLV calculator (Human life value calculator) in 1911 as the part of a campaign to increase life insurance sales and make it more affordable to many more people.

So, he created the HLV standard method of calculating health Insurance.

Metrics used to calculate HLV?

1} Age and Gender.

2} Your Work, This is Important because by your work it gets an idea about your risk bearing ability.

3} Retirement age- this gives an idea about the time you have for your investments.

4} Income history, annual increment.

Finally, we take into account your spouse’s life information and your financial obligations towards children’s education or other expenses

HLV (Human Life Value) puts a number to an important question.

What is the economic price of your life?

In life insurance, it’s important to measure your economic worth.

Your HLV is the rupee value of your economic worth in terms of what you create for the people who depend on you.

So if your life is cut short, you want to be sure that those who depend on you will have enough money to carry on.

Posted by: ImperialMoney at 05:20 AM | No Comments | Add Comment
Post contains 389 words, total size 4 kb.

Does anybody who is a first-time investor always have a few questions in their mind?

1. Does the Stock Market mean betting?
2. How do people make money in a small time?
3. Do mutual funds involve lots of Risks?
4. I don’t really understand the stock market very well?

Likewise, there are so many other typical challenges faced by potential investors in the stock market.

So, this entire blog is all about basic concepts and how to read the real facts of the stock market and other investment products which need to address your personal life’s well-balanced growth and unknown risk.

In our view, capital market and investing are all about seeing the unseen, knowing the unknown, trying the untried, and achieving the unachieved. However only to address this issue is to make sure how you change the way you look at your life and objectives.

The 1st biggest risk and mistake people make is that they never ask the question of what exactly they are buying when every single penny you spend.

Are you buying liabilities or are you buying assets for the future or for the next couple of days or for the next couple of months or years?

Normally people start their first job and onwards they start buying so many things which actually aren’t required also within a few weeks. It’s just social pressure and unsaid status to waste the money.

If someone has started the job at 23 then in the first 15 years what he or she is used to doing is buying the liabilities and up to 40s they use to pay the EMI of loans.

Without even calculating the kind of interest they give it to the lender, and then another 20 years they spend to build the assets and this is how people live the life up to 60 years and then retire.

Imperial Moneyfeels this must be the other way round. In the first 15 years of your job first, build all the assets, and then later part you will be having time to enjoy those assets for another 40 years.

Now once you decide that you want to build the assets, at this very important moment you need the guide who will make sure that you will land up at the proper goal. At the same time, the entire journey of building the asset for your all-future goals would be smooth, safe, secure, and enjoyable.

So, find one good person who has deep knowledge of personal finance or who has been working in this industry for quite a while.

But the fact is! Most of the time we land up with product selling people who don’t even have that wisdom of investing. This is another big risk if you are not with the right, proper, knowledgeable person to reach your destination of life.

Make sure you invest wisely around 30% of your income in the properly aligned products else you may not achieve the required asset-building program.

The remaining 70% of your earnings you can spend on all your requirements. Make sure on a yearly basis whatever the increments which you get that as well should also go the proper discipline way into the asset-building journey.

Whatever the portfolio you have quarterly basis it needs to get an overview and look into the asset allocation based on the value approach of that very time.

Do get an understanding of compounding and rupee cost averaging well. Because 1% plus or minus will lead to 50 lakhs to a crore positive or negative in long run.

Get to know the proper asset classes and long-term average returns of those asset classes well. The concept of real return must get known well.

Because inflation is our Enemy and you agree or disagree it will eat the pie of your earnings. So, make sure that every asset class in which you are investing should offer you real returns by excluding the rate of inflation from it.

Volatility is one very important issue that may keep you away from making money and building assets, but friends make volatility a friend of yours.

Just take an example of an ECG graph, if it is up and down on every second’s interval it means the person is alive, and if it is flat means the person is dead.

Now connect this with the market. If the graph of the market is going up and down it means it is life and it is flat means it is dead. So the graph of the market is always volatile, which means it is life, and you need to decide if you want to be with the dead asset class or the live asset class.

From 2002 till 2022 (20 years) out of all the stocks 209 stocks gave 25% plus CAGR means the wealth has been 87 times.

Now, look at the performance of the mutual funds too. Worst funds gave returns of 12.88% meaning 11 times. Average equity funds perform with 19.45% means 35 times the growth of every single rupee.

Best equity funds 26.09% means 310 times. (To know how the returns are calculated you can check out SIP Calculator or step up calculator)

So when a reliable person means your fund manager is managing the show with just barely a small expense ratio delivered by AMC, We don’t understand why investors still don’t trust and believe in the philosophy of mutual funds.

So always cross-verify across categories and do the comparative analysis on the basis of asset classes that which asset class is safe, secure, liquid, and long-term growth-oriented for your investing vision.

Imperial Monet Pvt. Ltd. believes India is still the long-term bet of another 2 trillion Dollar economy to touch and if this happens then we feel Nifty or the Sensex will be at altogether different levels from here on-words.

If you are not in the asset class which has a proven track record and has made millions of lives wealthy, We feel this will be the biggest risk of this life.

Posted by: ImperialMoney at 07:07 AM | No Comments | Add Comment
Post contains 1049 words, total size 7 kb.

Posted by: ImperialMoney at 09:27 AM | No Comments | Add Comment
Post contains 117 words, total size 1 kb.

SIPs and Lump Sum are the two ways to invest in SIP. A SIP calculator is a tool that helps you in calculating the returns you can expect when investing in such investing apps. SIP stands for a systematic investment plan, and it is the process of putting a set amount of money in mutual funds on a regular basis. One can start SIP on a weekly, quarterly, and yearly basis.

What is a SIP calculator?

A SIP calculator is a tool that allows people to calculate and estimate returns on their SIP-based mutual fund investments. SIP has recently become one of the most popular investment solutions for Generation Y (Gen-Y) also known as Millennials

These mutual fund sip calculators are intended to provide new investors with a raw estimate of their mutual fund investment. The actual returns offered by a mutual fund plan, on the other hand, vary based on a number of factors. The exit load and expense ratio are not explained in detail in the SIPs calculator (if any).

This calculator will calculate your monthly SIP investment’s wealth gain and predicted returns. Indeed, based on a predicted yearly return date, you may generate a reasonable estimate of the maturity amount for any of your monthly SIPs.

What is the benefit of using a SIP returns calculator?

According to numerous mutual fund experts, Sips are a more profitable form of investing funds than a lump sum amount. It assists you in developing financial discipline and establishing a savings habit that will benefit you in the near future.

An online SIP calculator gives you the expected returns you will receive after an investment period.

Here are a few of the advantages of SIP calculator:

Assists you in determining how much money you plan to invest.

Tell you how much money you’ve put in so far.

Specifies the value of the returns.

What is the procedure for using the SIP calculator?

This formula is used in the SIP plan calculator.

M= P ({[1+ i]n – 1} / i) (1 + i).

In the above formula-

M– stands for the amount you receive upon maturity.

P– is the amount you invest at regular intervals.

N– stands for the number of payments you have made.

I– is the periodic rate of interest.

Assume you want to invest Rs. 2,000 per month for a period of 12 months at a 12 percent annual rate.

The monthly rate of return will thus be 12% (12 = 1/100=0.01)

As a result, M= 2,000 (2 + 0.01) ([2+0.01]12 – 2 / 0.01)

In a year, this amounts to around Rs 25,619/-

The interest rate on a SIP will fluctuate depending on market conditions. It may rise or fall, causing the expected returns to vary. You can also calculate your child’s education expenses and do start investing using an Child education calculator.

How to use Imperial money’s systematic investment plan calculator?

With a few clicks, you may use Imperial Money’s SIP amount calculator.

Simply enter the monthly investment amount (the amount for which the sip was established), the number of years you want to keep invested, and the estimated rate of return.

As soon as you enter the figure click calculate and the calculator will calculate the projected amount you will be able to withdraw once your investment period has ended.

The following are some of the benefits of using Imperial Money’s systematic investment plan calculator.

Imperial Money gives the best SIP calculator, which has the following benefits:

• Plan your investment according to the amount and time period you want to keep it.
• It allows you to calculate the total value of your investment at the end of your SIP investment period.
• It shows you the accurate findings and saves a lot of your time.

A sip calculator ensures that your savings portfolio is built according to your needs and plan.

Posted by: ImperialMoney at 06:54 AM | No Comments | Add Comment
Post contains 649 words, total size 5 kb.

What is a Step up Calculator?

Step up SIP calculator displays the upcoming volume of SIP investments which growing systematically by mentioned percentage. In this calculator you put the small amount on monthly base, percentage of expected returns, and number of years you have to invest.

After entering all these value the calculator displays you the maturity worth and your over-all investment till that period.

What is SIP?

SIP is called Systematic Investment Plan. Here you have to invest a certain amount such as monthly basis. When you start SIP first of all you need to decide the amount, the SIP date, and the scheme you want to invest in.

Why Step up SIP?

In step up SIP allow you to increase your SIP amount at fixed intervals. Regular sip helps you to create wealth but when you start to step up sip you take a step towards creating bigger wealth hence whenever your income increases your savings also increases so invest that savings in step-up sip in order to create greater wealth.

What are the types of SIP?

1) Step up SIP: In this investment you can increase your investing amount at fixed intervals.

2) Flexible SIP: Also known flex SIP or flexi SIP, in this investment you can increase and decrease your investment amount. It allows you to change the SIP value according the market condition.

3) Perpetual SIP: In this you have the option of not choosing the end period; you can stop and cash the fund when your financial goal is achieved.

4) Trigger SIP: Trigger SIP delivers the authority to select the NAV, index level, SIP start date or event etc. Trigger SIP is not highly advisable as it encounters some danger while.

Use Step Up sip calculator on Imperial Money-

Posted by: ImperialMoney at 05:04 AM | No Comments | Add Comment
Post contains 302 words, total size 2 kb.