Connect with us

Finance

Four Factors That Impact Your Financial Plan

Published

on

Four Factors That Impact Your Financial Plan

While every financial plan and individual is unique, the core basis of how financial plans work is fairly similar. The good news is that there’s only a handful of data points that will really impact your financial plan, however that is also the bad news, because there’s only a few data points that will truly impact your financial plan.

Your Life Expectancy

How long you live is likely the most impactful data point in your financial plan. After all, what you’re planning for is to not run out of money after you retire, so you need to anticipate how long that period after retirement until the end of your life will last. In general, the population is living longer and this can have an impact on your finances as you may have to plan for a longer lifespan. While your life expectancy isn’t entirely under your control, you can take steps to live healthy lifestyle.

Your Spending

Your expenditures clearly impact your financial plan – if you imagine a group of ten individuals with the same income level and same assets, they’d likely all have different expenditures and would likely all have different success rates in retirement. When you’re thinking about how much money you’ll truly need to retire, that answer depends on how much you’ll planning on spending during retirement – if you’re a low spender, obviously you won’t need as much as someone who is used to spending more in their lifestyle. You’ll also need to account for unknown expenditures, such as healthcare and potential long-term care in retirement, when thinking about your potential expenses. The good news here is that your spending is an area within your control, but it can be difficult.

Advertisement

Your Saving

On the flip side of spending is saving, and your ability to save absolutely impacts your financial plan. The people who prioritize saving generally have an easier time hitting their retirement goals, and the sooner you start the easier it may be to get there.

Minor Factors

While your life expectancy, spending and saving are the main factors that can impact your financial plan, there are several minor factors at play that can influence your plan. Inflation can certainly influence your plan, and this is out of your control. How your investments are structured, by your risk tolerance, may impact your financial plan, and this not only impacts your plan but is within your control. How much money you earn throughout your life impacts your plan, as it obviously allows for you to save more (but potentially also spend more) as you increase your earning potential.

While you can’t control everything that impacts your financial plan, there’s a lot than you can control, and much of it you can get help with through a professional such as a financial advisor.

Financial planning and Investment advisory services offered through Diversified, LLC. 

Advertisement

Diversified is a registered investment adviser, and the registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the SEC.

A copy of Diversified’s current written disclosure brochure which discusses, among other things, the firm’s business practices, services and fees, is available through the SEC’s website at: www.adviserinfo.sec.gov.

Diversified, LLC does not provide tax advice and should not be relied upon for purposes of filing taxes, estimating tax liabilities or avoiding any tax or penalty imposed by law. The information provided by Diversified, LLC should not be a substitute for consulting a qualified tax advisor, accountant, or other professional concerning the application of tax law or an individual tax situation.

Nothing provided on this site constitutes tax advice. Individuals should seek the advice of their own tax advisor for specific information regarding tax consequences of investments. Investments in securities entail risk and are not suitable for all investors. This site is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Finance

SRG Housing Finance Q4 Results Live : profit rise by 45.65% YOY

Published

on

SRG Housing Finance Q4 Results Live : profit rise by 45.65% YOY

SRG Housing Finance Q4 Results Live : SRG Housing Finance announced their Q4 results on 23 May, 2024, showcasing a significant growth in their financial performance.

The company reported a 38.64% increase in revenue and a 45.65% rise in profit year-over-year.

Quarter-on-quarter comparison also revealed positive growth, with revenue growing by 13.89% and profit increasing by 14.46%.

However, the Selling, general & administrative expenses saw a noticeable increase, rising by 8.82% sequentially and 43.86% year-on-year.

Advertisement

Similarly, the operating income also showed a positive trend, with an 18.1% increase quarter-on-quarter and a 42.73% rise year-on-year.

The Earnings Per Share (EPS) for Q4 stood at 4.72, marking a 29.67% increase year-on-year.

In terms of market performance, SRG Housing Finance delivered a 2.84% return in the last week, 0.87% return in the last 6 months, and a 1.99% year-to-date return.

The company currently holds a market cap of 378.12 Cr, with a 52-week high/low of 336.75 and 230 respectively.

SRG Housing Finance Financials
Advertisement
Period Q4 Q3 Q-o-Q Growth Q4 Y-o-Y Growth
Total Revenue 36.15 31.74 +13.89% 26.07 +38.64%
Selling/ General/ Admin Expenses Total 7.64 7.02 +8.82% 5.31 +43.86%
Depreciation/ Amortization 1.71 1.58 +7.86% 0.97 +76.31%
Total Operating Expense 28.79 25.51 +12.86% 20.92 +37.63%
Operating Income 7.35 6.23 +18.1% 5.15 +42.73%
Net Income Before Taxes 7.61 6.7 +13.64% 5.37 +41.65%
Net Income 6.09 5.32 +14.46% 4.18 +45.65%
Diluted Normalized EPS 4.72 4.09 +15.33% 3.64 +29.67%

FAQs

Question : What is the Q4 profit/Loss as per company?

Ans : ₹6.09Cr

Question : What is Q4 revenue?

Ans : ₹36.15Cr

Advertisement

Stay updated on quarterly results with our results calendar

You are on Mint! India’s #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

Catch all the Corporate news and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.

More
Less

Advertisement

Published: 26 May 2024, 02:27 AM IST

Continue Reading

Finance

G7 finance ministers back plan to use Russian assets for Ukraine funding – the FT

Published

on

G7 finance ministers back plan to use Russian assets for Ukraine funding – the FT

Stock photo: Getty Images

The G7 finance ministers supported the idea of providing Ukraine with a loan secured by profits from frozen Russian assets to ensure funding for Kyiv after 2024.

Source: Financial Times, citing the draft communiqué of the ministers’ meeting, as reported by European Pravda 

The ministers’ discussions were based on a US proposal, which was circulated before the meeting in the Italian city of Stresa, to issue Ukraine a loan of about US$50 billion, to be repaid from the profits of the Russian central bank’s assets amounting to around €190 billion. 

Advertisement:

Advertisement



The ministers stated that they were “making progress” in working out options to “bring forward” the profits, according to the draft communiqué. They added that options for structuring the loan would be presented to the G7 leaders before the June summit.

They also promised to continue pressuring China to reduce industrial subsidies that they believe are driving Western competitors out of business, and stated that implementing the most significant global tax agreement in more than a century is a “top priority”.

The G7, a group of advanced economies that includes all major Western allies of Ukraine, aims to ensure funding for Kyiv in the long term, even after this year when crucial elections will take place on both sides of the Atlantic. 

According to people familiar with the negotiations, many details of the loan are yet to be agreed upon, including the amount, who will issue it, and how it will be guaranteed in case of Ukraine’s default or if the profits do not materialise. 

Advertisement

One official mentioned that Europeans are particularly concerned about “fair-risk sharing”, fearing that Europe will bear the brunt of the financial and legal risks and potential retaliatory actions from Russia, as most of the assets are located on the continent.

This week, the EU officially approved a plan to use interest from frozen Russian assets, which, according to estimates, could bring up to three billion euros per year to Ukraine.

Background:

  • In February, the United States argued that G7 countries should fully seize frozen assets, but later abandoned this idea due to concerns from allies that it could set a dangerous legal precedent and prompt retaliatory measures from Russia.
  • Earlier, Minister of Foreign Affairs Dmytro Kuleba stated that Ukraine insists on the confiscation and transfer to Ukraine of all frozen assets of the Russian Federation held in the West.

Support UP or become our patron!

Advertisement
Continue Reading

Finance

Big Players Maneuver In Global Finance And Industry

Published

on

Big Players Maneuver In Global Finance And Industry

What’s going on here?

From hostile takeovers to strategic acquisitions, major financial and industrial players are making bold moves to bolster their market positions. Spanish bank BBVA, Swiss private bank Julius Baer, and British IT services group Redcentric are all in high-stakes negotiations for potential mergers.

What does this mean?

BBVA’s €12.23 billion hostile takeover bid for Sabadell marks a major potential consolidation in the Spanish banking sector, despite opposition from Madrid. Julius Baer’s talks with EFG International highlighted competition in Swiss private banking, though discussions have ceased. In IT services, Redcentric’s negotiations with Milan-listed Wiit SpA could lead to a substantial acquisition. Additionally, private equity firm Carlyle is preparing to sell aerospace manufacturer Forgital, signaling increased activity in the aerospace sector. Also, Deutsche Bahn is advancing in the bidding process for its logistics subsidiary Schenker, with four contenders still vying for it.

Why should I care?

Advertisement

For markets: Strategic consolidations and divestments.

These moves reflect broader trends of consolidation and strategic realignment across industries. BBVA’s bold bid for Sabadell and Criteria’s acquisition of a 9.4% stake in ACS for €983 million signify aggressive strategies to capitalize on market opportunities. Carlyle’s plan to sell Forgital and Saudi Aramco’s in Repsol’s renewable energy division highlight the growing focus on portfolio diversification and sustainability.

The bigger picture: Global shifts in financial and industrial landscapes.

Advertisement

These developments indicate profound changes in the global financial and industrial sectors. KKR’s likely approval to acquire Telecom Italia’s fixed-line network without EU antitrust conditions signals a favorable regulatory climate for strategic deals. On the flip side, the Italian government’s decree for state broadcaster RAI to possibly merge its tower unit, RaiWay, with EI Towers shows the fluidity of managing national strategic assets. Meanwhile, Coventry Building Society’s £780 million purchase of Co-operative Bank underscores ongoing consolidation in the British banking sector.

Continue Reading

Trending