Financial Planning

We all need to be in control of our money, but too often – money controls us. This can happen when we have no clear idea of what we want from our life, and no real plan to help us achieve it..At Jashmi investment, we will help you realise your personal and financial objectives. By developing a clear financial plan we will provide you with the structure to help you achieve what you really want from life.


If you have life goals, such as a worry-free retirement, education for your children at the best schools and colleges, buying a house or a car — then building a financial plan can help you achieve these goals.

Your financial plan will work towards achieving goals such as planning for your retirement, child’s education, marriage, buying a house, debt management and insurance.

Importance of Financial Planning

Financial Planning is process of framing objectives, policies, procedures, programmes and budgets regarding the financial activities of a concern. This ensures effective and adequate financial and investment policies. The importance can be outlined as-

  1. Adequate funds have to be ensured.
  2. Financial Planning helps in ensuring a reasonable balance between outflow and inflow of funds so that stability is maintained.
  3. Financial Planning ensures that the suppliers of funds are easily investing in companies which exercise financial planning.
  4. Financial Planning helps in making growth and expansion programmes which helps in long-run survival of the company.
  5. Financial Planning reduces uncertainties with regards to changing market trends which can be faced easily through enough funds.
  6. Financial Planning helps in reducing the uncertainties which can be a hindrance to growth of the company. This helps in ensuring stability an d profitability in concern.

We help you meet your financial goals

Retirement solution

It’s the moment we’ve all been working and planning for since the day we opened up our first savings accounts: retirement! Retirement is like a permanent vacation. How will you choose to spend yours? Will you travel the world or buy your dream home? How much money can you spend each year to feel financially stable and secure? New Millennium Group is here to help you navigate through these retirement planning questions.

Today, pensions and guaranteed sources of income from employers aren’t as common as they used to be, so preparing for income replacement in retirement may seem more challenging.  It doesn’t have to be. We help guide our clients to a retirement plan that takes their needs and goals into account by identifying revenue streams and providing options for new ones.

In the creation of your plan, we’ll help you consider the realities of today’s retirement as they relate to your retirement needs:

  • Modern medicine allows us to live longer, meaning we’ll likely need our nest egg to last longer too.
  • Even slight inflation can diminish our portfolio’s purchasing power, so it’s prudent to take it into account.
  • Our spending needs in retirement may not decrease.  In fact, they may stay the same or even increase. A realistic budget can help ensure the longevity of your portfolio.

Then we can discuss your income level in retirement:

  • What other sources of income do you have, like a pension or Social Security?
  • How soon after retirement will you need to start receiving income?
  • Do you want to leave something for your family when you’re gone?
  • Are you expecting an inheritance at some point in the future?
  • Are you done working, or are you only partially retiring?
  • How much income will you need on an annual basis?
  • Do you have savings tucked away anywhere else?

 Investment solution

Investing or saving money is key to achieving the goals you have set in life. Jashmi investment  offers a number of investment and savings solutions in which you can invest and each one is structured to meet a selection of investment needs.

Are you investing for growth or for income?

  • Investing for growth means you are willing to invest a lump sum or on a monthly basis for a select period of time.
  • Investing for income means you need a product that will ensure some capital growth and pay out an income on a regular basis.


9 steps to investing

There are key considerations when it comes to investing. The money you have saved has potential to be spread amongst a range of investments options, but it’s worthwhile taking the time to research each carefully before committing any savings.

1. Work out what you can afford to invest

Researching the options available along with the risks and charges for different types of investments is a good starting point, before you part with your hard-earned cash.  Don’t invest money that you will need soon or you can’t afford to lose.

2. Think about regular savings

Do you want to put away money on a regular basis, say monthly, or save lump sums as and when you can afford to? Have a think about your lifestyle or circumstances and whether this is going to remain stable or likely to change.

Is it important to try to grow your money, receive an income or both?.

3. Determine your goals

How long do you want to invest for? What’s your target? Is it important to try to grow your money, receive an income or both? It’s worth remembering that receiving an income may reduce the value of your investment. Do you want to be able to withdraw money, or would you like it to be tied up for a period of time? Should you be thinking about a pension as well as investments?

Remember, the value of any investment and the income from them can go down as well as up and you may not get back all of the amount you put in.

4. Consider the risks

We’re all different.  Some people choose more adventurous investments with bigger growth potential, whilst others want safe havens to protect their money, especially as they approach retirement.

It’s always good to think about how you would approach the risks associated with investing.  Adventurous investments may often carry bigger risks compared to those of more cautious investments.  It’s a fine balancing act of weighing up higher growth potential with higher-risk, or less growth with less risk.

Remember, the value of any investment and the income from them can go down as well as up and you may not get back the amount you put in.

5. Limit the risks

Each type of investment can carry different risks and you should consider these before making any decisions. Think about spreading your money across different kinds of investments to help limit potential losses.  This is called diversification.

6. Know your funds

Investment funds can be ‘actively managed’, where managers make decisions about where to invest the money; or ‘passive’, where the fund is set up to track the performance of a share index (normally called a tracker fund). All funds have charges, so make sure you are getting value for money.

7. Do your homework

Check the financial press and financial websites for information about the investments you are interested in. Make sure you’re happy with the fund manager’s approach and where your money will be invested. It’s also a good idea to double check the risk-rating of investments (eg, adventurous / cautious) to make sure you’re investing at a level you are comfortable with.

8. Check the fees

Ensure you understand any charges and/or tax you may have to pay on a monthly or yearly basis or when it comes to taking your money out of your investment.  Also, if you’re investing through a financial adviser, it’s worth finding out how much you’ll be charged for advice.

9. Keep an eye on your investments

Keep watch of how your investments are performing to make sure you’re still happy with your choices and not at risk of losing your money. You can usually switch between funds, but some companies may charge for this.   You might also like to talk to your financial adviser.

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