:: New Independent - NI Concept Plan ::

NI Concept Plan Sample Work

The above diagram illustrates the financial planning process.

Complicated? We at New Independent believe that it does not have to be.

That is why we have spent thousands of man hours to develop the NI Concept Plan, our proprietary comprehensive financial planning template. The NI Concept Plan is a roadmap of benefits; solutions and good ideas which is in plain English and, most importantly, aims to educate the client. We believe that a well-informed client is the best type of client to have.

There is simply nothing comparable.

NI Concept Plan Methodology
So what is simply incomparable about the NI Concept Plan?

Two subtle but absolutely critical techniques:

We use Real Dollars and Real Returns in our projections

Real dollars is future money adjusted for the effects of inflation
Real Returns are investment returns adjusted for inflation
We thus always preserve purchasing power and lifestyle of our clients in our projections and plans

This is IMPORTANT because the distorting and confusing effects of inflation are removed from the financial plan

Example:

Your Brazilian currency net worth has appreciated by 30% over one year but inflation has been 25%
Alternatively, your Singapore $ net worth has appreciated by 10% but inflation has been 1%

Which is preferable? The answer is obvious!

We use real calculations because it makes logical sense amidst the mumbo jumbo of nominal returns and all sorts of weird projections for inflation that's so prevalent in the market place today:

Real returns over time for a global portfolio are not more volatile than nominal returns - our own internal research confirms this
By using real numbers, in particular for regular savings & investments, we model client behaviour more accurately. The charts below illustrate this.
How do you expect to be able to save?

Like this? A constant nominal sum every year?

Or like this? Increasing the amount every year by at least the rate of inflation?

The NI Concept Plan maps reality. It is designed around your reality and the goals you need to reach. It is the "real thing"!

NI Insurance Needs Analysis, NIINA, calculates and maps your protection needs based on your family living & lifestyle needs

The protection sum is derived QUANTITAVELY to cover major areas of the personal risk spectrum. We do not guess. We calculate as accurately as possible.
The product recommendation is a function of investment risk appetite of the client! Except for conservative clients, we recommend that clients buy term life insurance and invest the difference in the best-possible investment products.
NIINA is highly unique because no other Adviser in the market is able to link investments and insurance so explicitly.
NIINA is dynamic and highly efficient because it interacts with the investment plan, allowing for a reduction in insurance protection (and premiums!) with time and progress in wealth accumulation.
No one is as clever or elegant like NIINA!

Major Dangers in Risks Spectrum

Hospitalisation
Critical Illness
Total & Permanent Disability
Death
Vocational Disability
Long Term Care

NIINA
Major Risks Distribution - Typical

NIINA is incredibly cost-efficient because it distributes scarce $ to different areas of protection accurately. Remember if you are over insured for, say, long-term care you cannot use this for critical illness when you need it!

Click Here for Concept Plan Sample Work