Name: Saurabh Nagwekar | Age: 37
Occupation: Senior Consultant
Spouse Name: Poonam Nagwekar | Age: 35
Occupation: Executive at Import-Export Company
Assistance For: Mitigating Two Family’s Financial Risks
The Investor Assistance Program at Sparrow’s Sprout conducted various activities to assist Saurabh and Poonam Nagwekar in mitigating the two family’s financial risks. Here’s how each activity helped and had a significant impact on Saurabh and Poonam:
To begin, our experts utilized our innovative Risk Appetite Tracker to determine the risk tolerance of Mr. Saurabh and Poonam. This tracker provided valuable insights into their capacity to take risks. They discovered that they both exhibited a moderately aggressive risk appetite, enabling them to allocate 80% of their savings to equity and 20% to debt investments.
Next, our Risk Exposure Tracker played a crucial role in assessing the couple’s exposure to risk. This comprehensive tool helped us calculate their Human Life Value (HLV), insurance gap, and mediclaim gap. While Mr. Saurabh and Mrs. Poonam had the appropriate amount of term insurance coverage, they learned that there was a need to enhance their mediclaim coverage to ensure comprehensive protection.
To estimate their potential for further investment, we employed our Cash Surplus Tracker. By diligently analyzing their expenses, this tracker provided a clear understanding of their monthly savings capacity. With this information, Saurabh and Poonam gained insights into their surplus cash, allowing them to make informed decisions about their investment goals.
Our experts then assisted the couple in meticulously planning their expenses for a secure retirement. Leveraging our Retirement Goal Planning Tracker, we identified the corpus required to sustain their desired lifestyle without making any compromises. This exercise gave them a comprehensive roadmap to achieve their retirement dreams.
Feedback:
“We are grateful for the Investor Assistance Program provided by Sparrow’s Sprout. The program has been truly unique and eye-opening for us. It has given us valuable insights and strategies to mitigate our financial risks effectively. The team’s expertise and guidance have helped us optimize our financial resources and align our investments with our risk appetite. We are impressed with the program’s approach and are ready to recommend it to our friends and family. Thank you, Sparrow’s Sprout, for empowering us with the knowledge and tools to secure our financial future.” – Saurabh and Pooam Nagwekar
This session was conducted by Sparrow’s Sprout as part of the Investor Assistance Program.
For similar assistance, please contact us at 7400057664 or email us at contact@sparrowsprout.in
