MY 360 FINANCIAL REPORT

MY 360 FINANCIAL REPORTMarco WebsterMarco Webster

February 2021February 2021

Prepared by: Teuns Diemont, Financial AdvisorPrepared by: Teuns Diemont, Financial Advisor

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INDEXHOW DO WE PLAN OUR SUCCESSHOW DO WE PLAN OUR SUCCESS

1. WHERE AM I TODAY?1. WHERE AM I TODAY?

My financial health scoreMy financial health score by areas of personal finances

2. HOW DO I REACH MY DESIRED GOAL?2. HOW DO I REACH MY DESIRED GOAL?

My 360 financial stateList of urgent measures and actions

3. HOW DO I STAY ON THE RIGHT PATH?3. HOW DO I STAY ON THE RIGHT PATH?

360 financial advice

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MY FINANCIAL HEALTHSCORE

73 73 POINTS OUT OF 100 POINTS OUT OF 100

Your financial health needs improvement.Your financial health needs improvement.

MY FINANCIAL HEALTH SCOREMY FINANCIAL HEALTH SCORE

7373

RISK SCORERISK SCORE

5050

FUTURE SCOREFUTURE SCORE

6868

MONEYMONEYMANAGAMENTMANAGAMENT

SCORESCORE

100100

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SCORE: 5050

5050

My risks

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Protection of my family if I dieProtection of my family if I die

What will happen to my family if I do not make it homeWhat will happen to my family if I do not make it hometomorrow?tomorrow?

Necessary income Expected income

In case of my death my family would be lacking R 3.836R 3.836 monthly tohave a carefree life.

Current value R 1.250.000R 1.250.000

The necessary value R 2.124.670R 2.124.670

The amount lacking for adequate family protection is R 874.670R 874.670

Am I on the right track to protect my family?Am I on the right track to protect my family?

0 R

1.250.000 R

2.124.670 R2.124.670 R

Success rate:58 %58 %58%58%

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Protection against permanent injuriesProtection against permanent injuries

What will happen if I sustain a serious injury tomorrow?What will happen if I sustain a serious injury tomorrow?


Current value R 7.250.000R 7.250.000


I am on the right track for protection against permanent injuries.I am on the right track for protection against permanent injuries.

I am on the right path towards protection against permanent injuries.

0 R

7.250.000 R

7.175.031 R7.175.031 R

Success rate:100 %100 %100%100%

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Income protection benefitIncome protection benefit

What happens if I can not go to work tomorrow?What happens if I can not go to work tomorrow?


If I had to retire due to disability, I would be lacking R 19.337R 19.337 (permonth) to have a financially carefree disability pension.

Current value R 200.000R 200.000


The amount lacking for adequate income protection is R 6.975.031R 6.975.031

Am I on the right track to protection against loss of income?Am I on the right track to protection against loss of income?

0 R

200.000 R

7.175.031 R7.175.031 R


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SCORE: 6868

6868

My future

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PensionPension

What is my recommended pension? What is my recommended pension?

Recommended pension Expected pension

The deficit to the recommended pension is R 6.468R 6.468 monthly.

How long will my How long will my savings last when I am retired?savings last when I am retired?

When I reach 78 years78 years, I am left without the recommended supplementary

pension.

Thereafter, I will only receive R 0R 0 monthly state pension.

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How much would I have to save for my recommended pension?How much would I have to save for my recommended pension?

Current saving: R 3.500R 3.500

Necessary savings: R 5.721R 5.721

The amount missing for the recommended pension is R 2.221R 2.221 monthly.

Am I on the right track to the Am I on the right track to the recommended pension?recommended pension?

0 R

3.500 R

5.721 R5.721 R


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CURRENT VALUECURRENT VALUE

DYNAMICDYNAMIC

RECOMMENDEDRECOMMENDED

AGGRESSIVE AGGRESSIVE

Savings for my goal pension with regard to my retirement ageSavings for my goal pension with regard to my retirement age

Current assets: R 240.000R 240.000

The assets necessary according to my age: R 892.579R 892.579

Risk approach for the goal pensionRisk approach for the goal pension

Your risk approach is inappropriate.

0R

240.000R

892.579R892.579R

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What is my desired pension?What is my desired pension?

Desired pension Expected pension

How much would I have to save for my desired pension?How much would I have to save for my desired pension?


Am I on the right track to reach my desired pension?Am I on the right track to reach my desired pension?

Actions are not necessary.

0 R

3.500 R

3.500 R3.500 R

Success rate:100 %100 %100%100%

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Recommended Study FundRecommended Study Fund

EvitaEvita

Will I be able to afford my child a Will I be able to afford my child a carefree studycarefree study??

Monthly study expensesMonthly study expenses

Recommended Study Fund Expected Study Fund

My child will miss R 3.473R 3.473 to have a carefree study.

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How much should I save for a recommended Study Fund?How much should I save for a recommended Study Fund?



The amount missing for my child’s carefree study is R 512R 512 monthly.

Am I on the right track to provide a Am I on the right track to provide a carefree studycarefree study to my child? to my child?

Savings for the goal child’s study, with regard to his or her years -Savings for the goal child’s study, with regard to his or her years -EvitaEvita

Current assets: R 0R 0

The assets necessary according to my child’s age: R 20.800R 20.800

The amount of savings missing for your child’s studying according to hisage is R 20.800R 20.800

0 R

1.000 R

1.512 R1.512 R


0R 20.800R20.800R

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Study my children – Desired Study FundStudy my children – Desired Study Fund

EvitaEvita

Will I be able to afford my child to Will I be able to afford my child to study study??

Monthly study expensesMonthly study expenses

Desired Study Fund Expected Study Fund

How much would I have to save for desired Study Fund?How much would I have to save for desired Study Fund?



0 R

1.000 R

1.000 R1.000 R

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Retirement healthcareRetirement healthcare

Will I be able to afford healthcare (in addition to Medical Aid)Will I be able to afford healthcare (in addition to Medical Aid)when retired?when retired?

Necessary additional income Expected additional income


Am I on the right track to be able to afford adequate healthcareAm I on the right track to be able to afford adequate healthcarein retirement?in retirement?


0 R

2.500 R

2.500 R2.500 R

Success rate:100 %100 %100%100%

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My goalsMy goals

CarCar

Current saving: R 0R 0


The amount missing for the goal is CarCar is R 1.044R 1.044 monthly.

Am I on the right track for the goal Am I on the right track for the goal CarCar??

0 R 1.044 R1.044 R


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SCORE: 100100

100100

My income and expenses

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My monthly expensesMy monthly expenses

Comparison of expenses and income on an annual basisComparison of expenses and income on an annual basis

Expenses Income

I save R 263.000R 263.000 annually

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Level of indebtednessLevel of indebtedness

Currently: 11%11%

The highest recommended: 36%36%

My level of indebtedness is within acceptable limits.

Emergency moneyEmergency money

Current value R 341.000R 341.000

The necessary value R 238.700R 238.700

My emergency money is appropriate.

0 %

11 %

36 %36 %

0 R

341.000 R

238.700 R238.700 R

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THE LIST OF URGENTMEASURES AND ACTIONS

My risksMy risks

Protection of my family if I dieProtection of my family if I die

RECOMMENDATION!RECOMMENDATION!

To protect my family, I have to take out insurance of R 874.670R 874.670over a period of 19 years19 years

Protection from serious illnessesProtection from serious illnesses

RECOMMENDATION!RECOMMENDATION!For protection against serious illnesses, I have to take out an insurance

for R 6.975.031R 6.975.031 over a period of 26 years26 years

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My futureMy future

How much would I urgently have to save from today on toHow much would I urgently have to save from today on toreach my recommended pension?reach my recommended pension?


From today on, I should save R 2.221R 2.221 per month for the period of26 years26 years

How much would I have to urgently invest today for aHow much would I have to urgently invest today for arecommended pension??recommended pension??


For a carefree pension, you would have to invest R 652.579R 652.579 today

EvitaEvita

How much would I have to save from today on for myHow much would I have to save from today on for mychild’s carefree study?child’s carefree study?


From today on, I should save R 512R 512 per month additionally over a

period of 19 years19 years

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EvitaEvita

How much would I have to urgently invest today for myHow much would I have to urgently invest today for mychild’s study?child’s study?

RECOMMENDATION!RECOMMENDATION!For a carefree child's study, you would today have to invest

R 20.800R 20.800

CarCar

How much would I have to save from today on for myHow much would I have to save from today on for mygoal?goal?

RECOMMENDATION!RECOMMENDATION!From today on, I should additionally save R 1.044R 1.044 monthly over aperiod of 5 years5 years

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YOUR EXPERT

Teuns DiemontTeuns DiemontFinancial Advisor

Telephone: 0800 029 999Mail: [email protected]

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mailto:[email protected]

Documents

MY 360 FINANCIAL REPORT