理财规划报告书-林建明先生理财案例

单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,*,理财规划报告书,林建明先生理财案例,理财室：,XX,第五小组理财工作室,工作室成员：,XXX,、,xixi,、,XX,、,XXX,、,XXX,、,XXX,、,XX,、,XXX,背景介绍,人物,年龄,职业情况,个人收入 或资产情况,社保情况,生活费用,客户 林建明,30,16,岁起受国家栽培的杰出运动员,获得国际性比赛奖牌无数,准备退役,存款,300,万元,150,平米、价值,150,万元的房产,1,套,(,无贷款,),退役后 无社保,婚后为 每月现值,1,万元,女友,田虹,27,专治运动 伤害的医生,年收入,5,万元,有社保,未投保商业保险,理财目标,结婚,创业,生小孩,换房,退休,1,个月后结婚，预计婚礼各项费用合计,20,万元,1,年后筹资,300,万元创业，代理国外运动用品并逐步发展自有品牌,2,年后生小孩，预计教养费用一年,3,万元现值，养育,22,年,5,年后换购现值,300,万元的别墅一栋，尽量少用贷款,28,年后两人同时退休，退休后希望有现值每月,1,万元可用，,且退休后前,20,年每年出国旅游，费用现值,5,万元,假设条件,通贷膨胀率,3%,房价成长率,5%,学费成长率,5%,房屋贷款利率,6%,金融资产投资报酬率,10%,创业贷款最高额度,100,万元,创业贷款利率,8%,银行存款利率,4%,问题,1,：家庭资产负债表,林家婚后资产负债表,单位,:,万元,资产项目,2008,年,7,月资产金额,2009,年,7,月资产金额,负债项目,2008,年,7,月负债金额,2009,年,7,月负债金额,储蓄存款,280.00,280.00,购房贷款,0.00,0.00,股票投资,0.00,0.00,消费贷款,0.00,0.00,寿险保单现值,0.00,0.00,总负债,0.00,0.00,自用房产,150.00,157.50,投资收益,11.20,总资产,430.00,448.70,资产净值,430.00,448.70,问题,1,：家庭现金流量表,林家婚后一年现金流量表,单位：万元,年,/,月,自己收入,配偶收入,投资收益,生活支出,保费支出,房租支出,投资支出,贷款支出,现金余额,期初余额,280.0000,2008-07,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,279.4167,2008-08,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,278.8334,2008-09,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,278.2501,2008-10,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,277.6668,2008-11,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,277.0835,2008-12,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,276.5002,2009-01,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,275.9169,2009-02,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,275.3336,2009-03,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,274.7503,2009-04,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,274.1670,2009-05,0.0000,0.4167,0.0000,-1.0000,0.0000,0.0000,0.0000,0.0000,273.5837,2009-06,0.0000,0.4167,11.2000,-1.0000,0.0000,0.0000,0.0000,0.0000,284.2004,合计,0.0000,5.0004,11.2000,-12.0000,0.0000,0.0000,0.0000,0.0000,家庭财务状况分析,1,、林家目前家庭收入，仅有田虹工资年收入,5,万元，而每月,1,万元的生活支出，明显支出大于收入，资产余额不断减少。故需林建明工作产生稳定收入，保证生活质量。,2,、全家并无任何保险保障，人身安全风险较大。需配置保险产品，保障意外发生后，配偶和子女的生活及教育资金。,3,、林建明一年后有创业计划，在此之前，应采取,一定的投资方式，使资产增值，适当进行创业贷款。,由于创业有风险，需提取备用金做家庭生活应急保障。,5,、林建明创业后，收入不确定因素多，加上另有子女,抚养教育、换房及退休金需求，应提取资金，利用多种,投资手段，改善家庭资产配置，保证理财目标的实现。,问题,2,：筹措创业资金方案及成本与风险,方案一,不申请贷款，利用储蓄资金投资,1,年，筹措创业资金。,已有存款,300,万元，结婚花费,20,万，生活费用支出为每月,1,万元，一年支出,12,万元，目前家庭唯一收入来源于田虹的工资年收入,5,万元。,300,万元的存款，支付结婚的费用，再预留出一年的生活费用,7,万元，用剩下的,273,万元金融资产投资，投资报酬率为,10%,，则,1,年后可获资金,FV(10,1,0,273)=300.3,万元。,由于创业所需资金为,300,万元，故此方案可以实现。,（但创业后剩余资金仅,0.3,万元，无法实现林家的其它理财目标。）,问题,2,：筹措创业资金方案及成本与风险,方案二,向银行申请创业贷款，,1,年后结清。,存款,300,万元，结婚花费,20,万元，预留生活支出,7,万元。剩余,273,万元进行投资。,1,年后，投资所得,300.3,万元。,用自有资产投入,200,万元，另外,100,万元向银行申请创业贷款。贷款利率,8%,，贷款期限,1,年，贷款月还款额,PMT,（,8/12,，,1*12,，,100,，,0,）,=8.6988,万元，总计还款额为,104.3856,万元。,剩余,100.3,万元自有资产继续进行投资，按报酬率,10%,，,1,年后投资所得,FV,（,10,，,1,，,0,，,100.3,）,=110.33,万元。则用投资所得结清贷款，剩余资金,5.9444,万元。,（,1,年内还款压力较大，在创业初期收益不确定，风险较大。结清贷款后剩余资金较少，继续投资实现其它理财目标较困难。）,问题,2,：筹措创业资金方案及成本与风险,方案三,用自有房屋抵押贷款，,5,年后结清。,存款,300,万元，结婚花费,20,万元，预留生活支出,7,万元。剩余,273,万元，投资,1,年后，资产增加至,300.3,万元。,用自有资产投入,200,万元，缺口,100,万元则将自用房屋向银行抵押贷款,100,万元，房贷利率,6%,，贷款期限,5,年，贷款月还款额,PMT,（,6/12,，,5*12,，,100,，,0,）,=1.9333,万元，总计还款额为,115.9968,万元。,剩余自有资产,100.3,万元继续进行投资，率,10%,，,5,年后投资所得,FV,（,10,，,5,，,0,，,100.3,）,=161.5342,万元。,5,年后按报酬投资资产贷款结清后还剩余资金,45.5374,万元。,（与方案二比较，将贷款期限由原来的,1,年延长至,5,年后，每年还款,23.1996,万元，压力较小，财务支出相对较宽松）,问题,2,：筹措创业资金方案及成本与风险,由于方案三，资金支配较灵活，财务状况较宽松，只要对资产投资进行合理配置，能较轻松完成其它理财目标。本小组推荐客户选择方案三。,问题,3,：田虹的养老需求与养老金,退休后,20,年，每年旅费支出现值,5,万元。通货膨胀率,3%,，,28,年后旅费支出为,FV,（,3,，,28,，,0,，,5,）,=11.44,，支付,20,年，则退休时需准备总旅费支出,PV,（,3,，,20,，,-11.44,，,0,）,170.20,万元。,退休后，年生活费现值,12,万元，通货膨胀率,3%,，,28,年后年生活费为,FV,（,3,，,28,，,-12,，,0,）,=27.46,万元。假设退休后,30,年身故，则退休时需准备需养老金,PV,（,3,，,30,，,-27.46,，,0,）,=554.38,万元。,退休时要准备的总支出为,170.20+554.38=,724.58,万元。,问题,3,：田虹的养老需求与养老金,假设工资增长率与通货膨胀率相同，为,3%,；公积金账户投资收益率为,4%,。,田虹年收入,5,万元，月收入,4167,元，假设为税后月收入，设税前月收入为,X,，（,X,2000,）*,15%-125,X-4167,，则税前月收入为,5402.35,。,公积金,12%,，养老金,8%,，医保,2%,，失业,1%,，则养老金个人账户月缴金额,5402.35/,（,1-23%,）*,8%=561.28,元。,28,年后个人账户余额为,FV,（,4/12,，,28*12,，,-561.28,，,0,）,=346,728.11,元,=,34.67,万元。,问题,3,：田虹的养老需求与养老金,假设当地社平工资月均现值,2000,元，,28,年后当地社平工资月均值,FV,（,3/12,，,28*12,，,0,，,2000,）,=4628,元。,个人缴费工资现值为,5402.35/0.77=7016.04,元，则,28,年后个人指数化月平均缴费工资值为,FV,（,3/12,，,28*12,，,-7016.04,0,）,/,（,28*12,）,=10,975,元。,则按养老金计发公式得出退休后第一个月养老金为（,4628+10975,）,/2*28%+346700/170=4223.83,元。,30,年提取的养老金现值为,PV,（,4/12,，,30*12,，,-4223.83,0,）,=88.77,万元。,退休时养老金总计为,88.77,万元,问题,3,：田虹的养老需求与养老金,由于田虹养老需求为夫妻总需求的,50%,，其需求为,724.58*50%=362.29,万元。,退休时既得养老金为,88.77,万元。资金缺口为,273.52,万元。,资金缺口较大！,问题,4,：子女养育与退休安养信托计划,两年后生育子女，教养费用现值,3,万元，养育,22,年，学费增长率为,5%,。,2,年后教养费为,FV,（,5,，,2,，,0,，,-3,）,=3.3075,万元。则,24,年后，子女,22,年教养费用为,FV,（,5,，,22,，,-3.3075,0,）,=133.7238,万元。投资报酬率为,10%,，则,24,年年均投资金额为,PMT,（,10,，,24,，,0,，,133.7238,）,=1.511,万元。所需投入的现值为,PV,（,10,，,24,，,0,，,133.7238,）,=,13.5764,万元。,28,年后，夫妻养老金总缺口为,724.58-88.77=635.81,万元。则,28,年年均投资金额为,PMT,（,10,，,28,，,0,，,635.81,）,=4.7374,万元。所需投入的现值为,PV,（,10,，,28,，,0,，,635.81,）,=,44.0892,万元。,问题,4,：子女养育与退休安养信托计划,结婚花费,20,万，生活费预支,7,万元，则创业资金筹措的期初投资额为：,300-20-7-13.5764-44.0892=215.33,万元。投资一