Ahmad's Financial Situation Along 33 years (Income 10% Growth)

Calculating by Compound Interest

YEAR PER MONTH PER YEAR PER MONTH PER YEAR
The first 6 years Ahmad's Annual Salary TAXTATION
2013 RM 3,000.00 RM 36,000.00 N N
2014 RM 3,300.00 RM 39,600.00 O O
2015 RM 3,630.00 RM 43,560.00
2016 RM 3,993.00 RM 47,916.00 T T
2017 RM 4,392.25 RM 52,707.00 A A
2018 RM 4,831.41 RM 57,977.00 X X
Ahmad's Financial Situation Along 14 years (2% income tax)
2019 RM 5,314.50 RM 63,774.00 RM 106.29 RM 1,275.48
2020 RM 5,845.91 RM 70,151.00 RM 116.91 RM 1,403.01
2021 RM 6,430.50 RM 77,166.00 RM 128.61 RM 1,543.32
2022 RM 7,073.58 RM 84,883.00 RM 141.47 RM 1,697.65
2023 RM 7,780.91 RM 93,371.00 RM 155.61 RM 1,867.41
2024 RM 8,559.00 RM 102,708.00 RM 171.18 RM 2,054.16
2025 RM 9,414.91 RM 112,979.00 RM 188.29 RM 2,259.57
2026 RM 10,356.41 RM 124,277.00 RM 207.12 RM 2,485.53
2027 RM 11,392.08 RM 136,705.00 RM 227.84 RM 2,734.08
2028 RM 12,531.33 RM 150,376.00 RM 250.62 RM 3,007.51
2029 RM 13,784.50 RM 165,414.00 RM 275.69 RM 3,308.28
2030 RM 15,162.91 RM 181,955.00 RM 303.25 RM 3,639.09
2031 RM 16,679.25 RM 200,151.00 RM 333.58 RM 4,003.02
2032 RM 18,347.25 RM 220,167.00 RM 366.94 RM 4,403.34
Ahmad's Financial Situation Along 14 years (6% income tax)
2033 RM 20,182.00 RM 242,184.00 RM 1,210.92 RM 14,531.00
2034 RM 22,200.16 RM 266,402.00 RM 1,332.01 RM 15,984.12
2035 RM 24,420.16 RM 293,042.00 RM 1,465.20 RM 17,582.51
2036 RM 26,862.16 RM 322,346.00 RM 1,611.72 RM 19,340.75
2037 RM 29,548.41 RM 354,581.00 RM 1,772.90 RM 21,274.85
2038 RM 32,503.25 RM 390,039.00 RM 1,950.19 RM 23,402.34
2039 RM 35,753.58 RM 429,043.00 RM 2,145.21 RM 25,742.57
2040 RM 39,328.91 RM 471,947.00 RM 2,359.73 RM 28,316.81
2041 RM 43,261.83 RM 519,142.00 RM 2,595.70 RM 31,148.51
2042 RM 47,588.00 RM 571,056.00 RM 2,855.29 RM 34,263.36
2043 RM 52,346.83 RM 628,162.00 RM 3,140.80 RM 37,689.71
2044 RM 57,581.50 RM 690,978.00 RM 3,454.89 RM 41,458.68
2045 RM 63,339.66 RM 760,076.00 RM 3,800.37 RM 45,604.55
2046 RM 69,673.58 RM 836,083.00 RM 4,180.41 RM 50,164.97
TOTAL RM 736,409.73 RM 8,836,918.00 RM 36,848.74 RM 442,186.18
 Ahmad's Primary Expenses
Expenses Investment Saving
Monthly Yearly Monthly Yearly Monthly Yearly

RM 1,500.00 RM 18,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00

RM 1,500.00 RM 18,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 1,500.00 RM 18,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 2,000.00 RM 24,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 2,000.00 RM 24,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 2,000.00 RM 24,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00

RM 2,500.00 RM 30,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00

RM 2,500.00 RM 30,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 3,000.00 RM 36,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00

RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00

RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00 RM 300.00 RM 3,600.00
Total RM 1,584,000.00 Total RM 79,200.00 Total RM 118,800.00
 Home Loan CIMB (2028-2046)
Ahmad's Plan to Buy House in 2028 When the first Child 12 years old
Home Loan Monthly Instalment
Loan RM RM 280,000.00
Interest Rate (%) 6%
Years 19
Monthly Instalment RM 2,016.03
 Education Cost at Local Universities In Malaysia
4 Years of Course
Estimated School cost increase rate : (6%)
Ahmad's Children Year of Study Total Study Cost over 4 years
1st Child 2034 - 2037 RM 64,783.00
2nd Child 2037 - 2040 RM 72,790.00
3nd Child 2028 - 2041 RM 77,158.00
Total 43240.56 RM 214,731.00
 Ahmad's EPF saving for Retirement
Per Month Per Year Over 33 years
Ahmad RM 500.00 RM 6,000.00 RM 198,000.00
Compay RM 500.00 RM 6,000.00 RM 198,000.00
Total Saving RM 1,000.00 RM 12,000.00 RM 396,000.00
Government Rate 3% RM 30.00 RM 360.00 RM 11,880.00
Total EPF RM 407,880.00

RETIREDMENT LIFE EXPENSES EXCLUDED 3% GOVERNMENT RATE

Monthly Yearly Monthly Yearly
Ahmad Company

RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00

RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00

RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00

RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00

RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00

RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00 RM 500.00 RM 6,000.00
RM 16,500.00 RM 198,000.00 RM 16,500.00 RM 198,000.00 RM 396,000.00
 Ahmad's life Goal 33 Years In The Future
HOME INSTALLMENT BUYING CAR MEDICAL CONTIGENCY
Monthly Yearly Monthly Yearly Monthly Yearly

RM 400.00 RM 4,800.00
RM 400.00 RM 4,800.00
RM 400.00 RM 4,800.00
RM 400.00 RM 4,800.00
RM 400.00 RM 4,800.00

RM 1,250.00 RM 15,000.00
RM 1,250.00 RM 15,000.00
RM 1,250.00 RM 15,000.00
RM 1,250.00 RM 15,000.00
RM 1,250.00 RM 15,000.00
RM 2,061.03 RM 24,192.36 RM 1,250.00 RM 15,000.00
RM 2,061.03 RM 24,192.36 RM 1,250.00 RM 15,000.00
RM 2,061.03 RM 24,192.36 RM 1,250.00 RM 15,000.00
RM 2,061.03 RM 24,192.36 RM 1,250.00 RM 15,000.00
RM 2,061.03 RM 24,192.36 RM 1,250.00 RM 15,000.00

RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
RM 2,061.03 RM 24,192.36
Total RM 459,654.84 Total RM 24,000.00 Total RM 150,000.00
s In The Future
CHILDREN'S EDUCATION FAMILY VOCATION
Monthly Yearly Monthly Yearly

RM 1,103.38 RM 13,240.56
RM 1,103.38 RM 13,240.56

RM 1,103.38 RM 13,240.56 RM 250.00 RM 3,000.00

RM 2,303.38 RM 27,640.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00
RM 3,603.38 RM 43,240.56 RM 250.00 RM 3,000.00

RM 3,603.38 RM 43,240.56RM 250.00 RM 3,000.00

RM 3,603.38 RM 43,240.56RM 250.00 RM 3,000.00
RM 2,500.00 RM 30,000.00RM 250.00 RM 3,000.00
RM 2,500.00 RM 30,000.00RM 250.00 RM 3,000.00
RM 2,500.00 RM 30,000.00RM 250.00 RM 3,000.00
RM 1,300.00 RM 15,600.00RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
RM 250.00 RM 3,000.00
Total RM 778,330.08 Total RM 87,000.00
 AHMAD'S FINACIAL SITUATION ALONG 33 YEARS
TAX PLANNING
AHMAD'S AGE YEAR SALARY (INCOME GROWTH YEARLY 10%) INCOME TAX CHARGED

MONTHLY YEARLY MONTHLY YEARLY

The first 6 years Ahmad's Annual Salary (0% income tax)

27 2013 RM 3,000.00 RM 36,000.00 N N

28 2014 RM 3,300.00 RM 39,600.00 O O
29 2015 RM 3,630.00 RM 43,560.00
30 2016 RM 3,993.00 RM 47,916.00 T T
31 2017 RM 4,392.25 RM 52,707.00 A A
32 2018 RM 4,831.41 RM 57,977.00 X X
Ahmad's Financial Situation over 14 years (2% income tax)
33 2019 RM 5,314.50 RM 63,774.00 RM 106.29 RM 1,275.48
34 2020 RM 5,845.91 RM 70,151.00 RM 116.92 RM 1,403.02
35 2021 RM 6,430.50 RM 77,166.00 RM 128.61 RM 1,543.32
36 2022 RM 7,073.58 RM 84,883.00 RM 141.47 RM 1,697.66
37 2023 RM 7,780.91 RM 93,371.00 RM 155.62 RM 1,867.42
38 2024 RM 8,559.00 RM 102,708.00 RM 171.18 RM 2,054.16
39 2025 RM 9,414.91 RM 112,979.00 RM 188.30 RM 2,259.58
40 2026 RM 10,356.41 RM 124,277.00 RM 207.13 RM 2,485.54
41 2027 RM 11,392.08 RM 136,705.00 RM 227.84 RM 2,734.10
42 2028 RM 12,531.33 RM 150,376.00 RM 250.63 RM 3,007.52
43 2029 RM 13,784.50 RM 165,414.00 RM 275.69 RM 3,308.28
44 2030 RM 15,162.91 RM 181,955.00 RM 303.26 RM 3,639.10
45 2031 RM 16,679.25 RM 200,151.00 RM 333.59 RM 4,003.02
46 2032 RM 18,347.25 RM 220,167.00 RM 366.95 RM 4,403.34
Ahmad's Financial Situation Along 6 years (6% income tax)
47 2033 RM 20,182.00 RM 242,184.00 RM 1,210.92 RM 14,531.04
48 2034 RM 22,200.16 RM 266,402.00 RM 1,332.01 RM 15,984.12
49 2035 RM 24,420.16 RM 293,042.00 RM 1,465.21 RM 17,582.52
50 2036 RM 26,862.16 RM 322,346.00 RM 1,611.73 RM 19,340.76
51 2037 RM 29,548.41 RM 354,581.00 RM 1,772.90 RM 21,274.86
52 2038 RM 32,503.25 RM 390,039.00 RM 1,950.20 RM 23,402.34
Ahmad's Financial Situation Over 4 Years (11% Income tax)
53 2039 RM 35,753.58 RM 429,043.00 RM 3,932.89 RM 47,194.73
54 2040 RM 39,328.91 RM 471,947.00 RM 4,326.18 RM 51,914.16
55 2041 RM 43,261.83 RM 519,142.00 RM 4,758.80 RM 57,105.62
56 2042 RM 47,588.00 RM 571,056.00 RM 5,234.68 RM 62,816.16
Ahmad's Financial Situation Over 4 Years (19% Income tax)
57 2043 RM 52,346.83 RM 628,162.00 RM 9,945.90 RM 119,350.77
58 2044 RM 57,581.50 RM 690,978.00 RM 10,940.49 RM 131,285.82
59 2045 RM 63,339.66 RM 760,076.00 RM 12,034.54 RM 144,414.42
60 2046 RM 69,673.58 RM 836,083.00 RM 13,237.98 RM 158,855.76
TOTAL RM 736,409.73 RM 8,836,918.00 RM 76,727.88 RM 920,734.59
3 YEARS AHMAD'S PRIMARY EXPENSES
AX PLANNING
PERSONAL TAX RELIEF + EXPENSES INVESTMENT PLANNING
TAX REBATE INVESTMENT IN STOCKS
YEARLY MONTHLY YEARLY MONTHLY YEARLY
ncome tax)

RM 1,500.00 RM 18,000.00
RM 1,500.00 RM 18,000.00
RM 2,000.00 RM 24,000.00
RM 2,000.00 RM 24,000.00
RM 2,000.00 RM 24,000.00
income tax)
RM 5,400.00 RM 2,500.00 RM 30,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 2,500.00 RM 30,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 3,000.00 RM 36,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 3,500.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 3,500.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 3,500.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 3,500.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 4,000.00 RM 48,000.00 RM 200.00 RM 2,400.00
RM 5,400.00 RM 4,000.00 RM 48,000.00
income tax)
RM 5,400.00 RM 4,000.00 RM 48,000.00
RM 5,400.00 RM 4,000.00 RM 48,000.00
RM 5,400.00 RM 4,000.00 RM 48,000.00
RM 5,400.00 RM 4,000.00 RM 48,000.00
RM 5,400.00 RM 4,000.00 RM 48,000.00
RM 5,400.00 RM 4,000.00 RM 48,000.00
% Income tax)
RM 5,000.00 RM 4,000.00 RM 48,000.00
RM 5,000.00 RM 4,000.00 RM 48,000.00
RM 5,000.00 RM 4,000.00 RM 48,000.00
RM 5,000.00 RM 4,000.00 RM 48,000.00
% Income tax)
RM 5,000.00 RM 4,000.00 RM 48,000.00
RM 5,000.00 RM 4,000.00 RM 48,000.00
RM 5,000.00 RM 4,000.00 RM 48,000.00
RM 5,000.00 RM 4,000.00 RM 48,000.00
RM 148,000.00 RM115,000.00 RM 1,404,000.00 RM2,600.00 RM 31,200.00
 AHMAD'S PRIMARY EXPENSES

NVESTMENT PLANNING SAVINGS / FIXED DEPOSIT / INVESTMENT ACCOUNT DEBT MANAGEMENT

INVESTMENT IN BONDS HOME LOAN
MONTHLY YEARLY MONTHLY YEARLY MONTHLY

FORMER INVESTMENT A/C RM 15,000.00

RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00
RM 500.00 RM 6,000.00

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03

RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM 200.00 RM 2,400.00 RM 500.00 RM 6,000.00 RM 2,061.03
RM5,600.00 RM 67,200.00 RM 16,500.00 RM 213,000.00 RM 39,159.57
DEBT MANAGEMENT CAR RELATED EXPENSES
HOME LOAN BUYING NEW CAR FUEL COST CAR MAINTENANCE COST
YEARLY MONTHLY YEARLY YEARLY YEARLY

RM 600.00 RM 7,200.00 RM 2,400.00 RM 400.00

RM 600.00 RM 7,200.00 RM 2,400.00 RM 400.00
RM 600.00 RM 7,200.00 RM 2,400.00 RM 400.00
RM 600.00 RM 7,200.00 RM 2,400.00 RM 400.00
RM 600.00 RM 7,200.00 RM 2,400.00 RM 400.00

RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00

RM 24,732.36 lump sum RM 100,000.00 RM 2,400.00 RM 360.00

RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00

RM 24,732.36 RM 2,400.00 RM 360.00

RM 24,732.36 lump sum RM 150,000.00 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00

RM 24,732.36 RM 2,400.00 RM 360.00

RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 24,732.36 RM 2,400.00 RM 360.00
RM 469,914.84 RM 3,000.00 RM 286,000.00 RM 79,200.00 RM 12,080.00
 AHMAD'S LIFE GOALS ALONG 33 YEARS
AHMAD'S INSURANCE PLANNING
D EXPENSES
ROAD TAX CAR INSURANCE LIFE INSURANCE
YEARLY MONTHLY YEARLY MONTHLY YEARLY

RM 20.00 RM 39.25 RM 471.00

RM 20.00 RM 39.25 RM 471.00
RM 20.00 RM 39.25 RM 471.00
RM 20.00 RM 39.25 RM 471.00
RM 20.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00

RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 90.00 RM 71.42 RM 857.00 RM 39.25 RM 471.00
RM 2,620.00 RM 1,999.76 RM 22,282.00 RM 1,295.25 RM 15,543.00
MAD'S INSURANCE PLANNING

HOME INSURANCE MEDICAL CONTIGENCY CHILDREN'S EDUCATION

MONTHLY YEARLY MONTHLY YEARLY MONTHLY

RM 293.33 RM 3,520.00
RM 293.33 RM 3,520.00
RM 293.33 RM 3,520.00
RM 293.33 RM 3,520.00 RM 318.00
RM 293.33 RM 3,520.00 RM 318.00

RM 293.33 RM 3,520.00 RM 318.00

RM 293.33 RM 3,520.00 RM 675.00
RM 293.33 RM 3,520.00 RM 1,054.00
RM 293.33 RM 3,520.00 RM 1,054.00
RM 293.33 RM 3,520.00 RM 1,054.00
RM 293.33 RM 3,520.00 RM 1,054.00
RM 293.33 RM 3,520.00 RM 1,054.00
RM 293.33 RM 3,520.00 RM 1,054.00
RM 293.33 RM 3,520.00 RM 1,054.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 1,054.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 1,054.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 1,054.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 1,054.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 1,054.00

RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 1,054.00

RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 736.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 736.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 736.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00 RM 379.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00

RM 31.25 RM 375.00 RM 293.33 RM 3,520.00

RM 31.25 RM 375.00 RM 293.33 RM 3,520.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00

RM 31.25 RM 375.00 RM 293.33 RM 3,520.00

RM 31.25 RM 375.00 RM 293.33 RM 3,520.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00
RM 31.25 RM 375.00 RM 293.33 RM 3,520.00
RM 593.75 RM 7,125.00 RM 9,679.89 RM 116,160.00 RM 17,918.00
 CASH FLOW MANAGEMENT
CHILDREN'S EDUCATION FAMILY VOCATION CASH FLOW
YEARLY MONTHLY YEARLY MONTHLY YEARLY

MONTHLY CASHFLOW * 12 +
RM5400 TAX RELIEF & REBATE

RM 83.33 RM 1,000.00 RM 49.09 RM 589.08

RM 83.33 RM 1,000.00 RM 379.09 RM 4,549.08
RM 83.33 RM 1,000.00 RM 242.09 RM 2,905.08
RM 3,816.00 RM 83.33 RM 1,000.00 RM 323.34 RM 3,880.08
RM 3,816.00 RM 83.33 RM 1,000.00 RM 762.50 RM 9,150.00

RM 3,816.00 RM 250.00 RM 3,000.00 RM 698.71 RM 13,784.52

RM 8,100.00 RM 250.00 RM 3,000.00 RM 562.50 RM 12,150.00
RM 12,648.00 RM 250.00 RM 3,000.00 RM 556.39 RM 12,076.68
RM 12,648.00 RM 250.00 RM 3,000.00 RM 686.61 RM 13,639.32
RM 12,648.00 RM 250.00 RM 3,000.00 RM 1,379.79 RM 21,957.48
RM 12,648.00 RM 250.00 RM 3,000.00 RM 2,142.32 RM 31,107.84
RM 12,648.00 RM 250.00 RM 3,000.00 RM 2,981.11 RM 41,173.32
RM 12,648.00 RM 250.00 RM 3,000.00 RM 3,403.78 RM 46,245.36
RM 12,648.00 RM 250.00 RM 3,000.00 RM 4,418.74 RM 58,424.88
RM 12,648.00 RM 250.00 RM 3,000.00 RM 3,442.92 RM 46,715.04
RM 12,648.00 RM 250.00 RM 3,000.00 RM 4,671.03 RM 61,452.36
RM 12,648.00 RM 250.00 RM 3,000.00 RM 6,021.87 RM 77,662.44
RM 12,648.00 RM 250.00 RM 3,000.00 RM 7,507.88 RM 95,494.56
RM 12,648.00 RM 250.00 RM 3,000.00 RM 9,342.52 RM 117,510.24

RM 12,648.00 RM 250.00 RM 3,000.00 RM 10,333.30 RM 129,399.60

RM 8,832.00 RM 250.00 RM 3,000.00 RM 11,648.37 RM 145,180.44
RM 8,832.00 RM 250.00 RM 3,000.00 RM 14,635.17 RM 181,022.04
RM 8,832.00 RM 250.00 RM 3,000.00 RM 16,930.65 RM 208,567.80
RM 4,548.00 RM 250.00 RM 3,000.00 RM 19,812.73 RM 243,152.76
RM 250.00 RM 3,000.00 RM 22,969.27 RM 281,031.24

RM 250.00 RM 3,000.00 RM 24,236.91 RM 295,842.92

RM 250.00 RM 3,000.00 RM 27,418.95 RM 334,027.40
RM 250.00 RM 3,000.00 RM 30,919.25 RM 376,031.00
RM 250.00 RM 3,000.00 RM 34,769.54 RM 422,234.48

RM 250.00 RM 3,000.00 RM 34,917.15 RM 424,005.80

RM 250.00 RM 3,000.00 RM 39,057.23 RM 473,686.76
RM 250.00 RM 3,000.00 RM 43,821.34 RM 530,856.08
 RM 250.00 RM 3,000.00 RM 48,951.82 RM 592,421.84
RM 215,016.00 RM 7,416.65 RM 89,000.00 RM 429,993.96 RM 5,307,927.52
 ESTATE PLANNING
NET WORTH at CHECKING ACCOUNT FROM CHECKING ACCOUNT
MONTHLY YEARLY YEARLY

DEDUCTING RM6000 PER

RM 49.09 RM 589.08 YEAR FOR PERSONAL
RM 379.09 RM 4,549.08 EXPENSES FROM THE
CHECKING ACCONT
RM 242.09 RM 2,905.08
RM 323.34 RM 3,880.08
RM 762.50 RM 9,150.00

RM 698.71 RM 13,784.52 RM 7,784.52

RM 562.50 RM 12,150.00 RM 6,150.00
RM 556.39 RM 12,076.68 RM 12,076.68
RM 686.61 RM 13,639.32 RM 19,639.32
RM 1,379.79 RM 21,957.48 RM 15,957.48
RM 2,142.32 RM 31,107.84 RM 25,107.84
RM 2,981.11 RM 41,173.32 RM 35,173.32
RM 3,403.78 RM 46,245.36 RM 40,245.36
RM 4,418.74 RM 58,424.88 RM 52,424.88
RM 3,442.92 RM 46,715.04 RM 40,715.04
RM 4,671.03 RM 61,452.36 RM 55,452.36
RM 6,021.87 RM 77,662.44 RM 71,662.44
RM 7,507.88 RM 95,494.56 RM 89,494.56
RM 9,342.52 RM 17,510.24 RM 11,510.24

RM 10,333.30 RM 129,399.60 RM 123,399.60

RM 11,648.37 RM 145,180.44 RM 139,180.44
RM 14,635.17 RM 181,022.04 RM 175,022.04
RM 16,930.65 RM 208,567.80 RM 202,567.80
RM 19,812.73 RM 243,152.76 RM 237,152.76
RM 22,969.27 RM 281,031.24 RM 275,031.24

RM 24,236.91 RM 145,842.92 RM 139,842.92

RM 27,418.95 RM 334,027.40 RM 328,027.40
RM 30,919.25 RM 376,031.00 RM 370,031.00
RM 34,769.54 RM 422,234.48 RM 416,234.48

RM 34,917.15 RM 424,005.80 RM 418,005.80

RM 39,057.23 RM 473,686.76 RM 467,686.76
RM 43,821.34 RM 530,856.08 RM 524,856.08
RM 48,951.82 RM 592,421.84 RM 586,421.84
RM 429,993.96 RM 5,057,927.52 RM 4,886,854.20
 RETIREMENT PLANNING
PURCHASING PLAN EPF INVESTMENT FROM BOTH AHMAD & EMPLOYER
LUMP SUM MONTHLY YEARLY

RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00

RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
Buy the Land Lots at Klang (RM50,000)
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
Buy the Palm Oil Plantation Land
(RM85,000) RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
Buy the Rubber Estate at Kuala Kangsar RM 1,000.00 RM 12,000.00
(RM172,000) RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00

Buy the Vista Magna Metro Prima Duplex RM 1,000.00 RM 12,000.00

Penthouse (RM240,000) RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
Buy the Paddy Field at Pokok Sena RM 1,000.00 RM 12,000.00
(RM145,000) + Rubber Estate at Padang RM 1,000.00 RM 12,000.00
Terap (RM280,000) = RM425,000 RM 1,000.00 RM 12,000.00

RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00

RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 1,000.00 RM 12,000.00
RM 33,000.00 RM 396,000.00
Dividends (3%) RM 11,880.00
Total EPF RM 407,880.00
 YEAR INVESTMENT PLANNING CASH FLOW MANAGEMENT
INVESTMENT IN STOCKS INVESTMENT IN BONDS CASH FLOW
MONTHLY YEARLY MONTHLY YEARLY MONTHLY YEARLY
MONTHLY
CASHFLOW * 12 +
2013 RM5400 TAX
2014 RM 49.09 RELIEF
RM & REBATE
589.08
2015 RM200 or more of investment plan will lead to RM 379.09 RM 4,549.08
2016 negative cash flows in the year 2014 and beyond. RM 242.09 RM 2,905.08
2017 RM 323.34 RM 3,880.08
2018 RM 762.50 RM 9,150.00
 SALARY TAX RELIEF +
YEAR INCOME TAX CHARGED ALL THE EXPENSES
(INCOME GROWTH YEARLY 10%) REBATE
MONTHLY YEARLY MONTHLY YEARLY YEARLY MONTHLY
The first 6 years Ahmad's Annual Salary (0% income tax)

2013 RM 3,000.00 RM 36,000.00 N N

2014 RM 3,300.00 RM 39,600.00 O O RM 3,250.91
2015 RM 3,630.00 RM 43,560.00 RM 3,250.91
2016 RM 3,993.00 RM 47,916.00 T T RM 3,750.91
2017 RM 4,392.25 RM 52,707.00 A A RM 4,068.91
2018 RM 4,831.41 RM 57,977.00 X X RM 4,068.91
Ahmad's Financial Situation over 14 years (2% income tax)
2019 RM 5,314.50 RM 63,774.00 RM 106.29 RM 1,275.48 RM 5,400.00 RM 4,615.79
2020 RM 5,845.91 RM 70,151.00 RM 116.92 RM 1,403.02 RM 5,400.00 RM 5,283.41
2021 RM 6,430.50 RM 77,166.00 RM 128.61 RM 1,543.32 RM 5,400.00 RM 5,874.11
2022 RM 7,073.58 RM 84,883.00 RM 141.47 RM 1,697.66 RM 5,400.00 RM 6,386.97
2023 RM 7,780.91 RM 93,371.00 RM 155.62 RM 1,867.42 RM 5,400.00 RM 6,401.12
2024 RM 8,559.00 RM 102,708.00 RM 171.18 RM 2,054.16 RM 5,400.00 RM 6,416.68
2025 RM 9,414.91 RM 112,979.00 RM 188.30 RM 2,259.58 RM 5,400.00 RM 6,433.80
2026 RM 10,356.41 RM 124,277.00 RM 207.13 RM 2,485.54 RM 5,400.00 RM 6,952.63
2027 RM 11,392.08 RM 136,705.00 RM 227.84 RM 2,734.10 RM 5,400.00 RM 6,973.34
2028 RM 12,531.33 RM 150,376.00 RM 250.63 RM 3,007.52 RM 5,400.00 RM 9,088.41
2029 RM 13,784.50 RM 165,414.00 RM 275.69 RM 3,308.28 RM 5,400.00 RM 9,113.47
2030 RM 15,162.91 RM 181,955.00 RM 303.26 RM 3,639.10 RM 5,400.00 RM 9,141.04
2031 RM 16,679.25 RM 200,151.00 RM 333.59 RM 4,003.02 RM 5,400.00 RM 9,171.37
2032 RM 18,347.25 RM 220,167.00 RM 366.95 RM 4,403.34 RM 5,400.00 RM 9,004.73
Ahmad's Financial Situation Along 6 years (6% income tax)
2033 RM 20,182.00 RM 242,184.00 RM 1,210.92 RM 14,531.04 RM 5,400.00 RM 9,848.70
2034 RM 22,200.16 RM 266,402.00 RM 1,332.01 RM 15,984.12 RM 5,400.00 RM 10,551.79
2035 RM 24,420.16 RM 293,042.00 RM 1,465.21 RM 17,582.52 RM 5,400.00 RM 9,784.99
2036 RM 26,862.16 RM 322,346.00 RM 1,611.73 RM 19,340.76 RM 5,400.00 RM 9,931.51
2037 RM 29,548.41 RM 354,581.00 RM 1,772.90 RM 21,274.86 RM 5,400.00 RM 9,735.68
2038 RM 32,503.25 RM 390,039.00 RM 1,950.20 RM 23,402.34 RM 5,400.00 RM 9,533.98
Ahmad's Financial Situation Over 4 Years (11% Income tax)
2039 RM 35,753.58 RM 429,043.00 RM 3,932.89 RM 47,194.73 RM 5,000.00 RM 11,516.67
2040 RM 39,328.91 RM 471,947.00 RM 4,326.18 RM 51,914.16 RM 5,000.00 RM 11,909.96
2041 RM 43,261.83 RM 519,142.00 RM 4,758.80 RM 57,105.62 RM 5,000.00 RM 12,342.58
2042 RM 47,588.00 RM 571,056.00 RM 5,234.68 RM 62,816.16 RM 5,000.00 RM 12,818.46
Ahmad's Financial Situation Over 4 Years (19% Income tax)
2043 RM 52,346.83 RM 628,162.00 RM 9,945.90 RM 119,350.77 RM 5,000.00 RM 17,429.68
2044 RM 57,581.50 RM 690,978.00 RM 10,940.49 RM 131,285.82 RM 5,000.00 RM 18,524.27
2045 RM 63,339.66 RM 760,076.00 RM 12,034.54 RM 144,414.42 RM 5,000.00 RM 19,518.32
2046 RM 69,673.58 RM 836,083.00 RM 13,237.98 RM 158,855.76 RM 5,000.00 RM 20,721.76
TOTAL RM 736,409.73 RM 8,836,918.00 RM 76,727.88 RM 920,734.59 RM 148,000.00 RM 303,415.77
 CASH FLOW MANAGEMENT
ALL THE EXPENSES
CASH FLOW
YEARLY MONTHLY YEARLY

MONTHLY
CASHFLOW*12 +
RM5400 TAX
RELIEF & REBATE
RM 39,010.92 RM 49.09 RM 589.08
RM 39,010.92 RM 379.09 RM 4,549.08
RM 45,010.92 RM 242.09 RM 2,905.08
RM 48,826.92 RM 323.34 RM 3,880.08
RM 48,826.92 RM 762.50 RM 9,150.00

RM 55,389.48 RM 698.71 RM 13,784.52

RM 63,400.92 RM 562.50 RM 12,150.00
RM 70,489.32 RM 556.39 RM 12,076.68
RM 76,643.64 RM 686.61 RM 13,639.32
RM 76,813.44 RM 1,379.79 RM 21,957.48
RM 77,000.16 RM 2,142.32 RM 31,107.84
RM 77,205.60 RM 2,981.11 RM 41,173.32
RM 83,431.56 RM 3,403.78 RM 46,245.36
RM 83,680.08 RM 4,418.74 RM 58,424.88
RM 109,060.92 RM 3,442.92 RM 46,715.04
RM 109,361.64 RM 4,671.03 RM 61,452.36
RM 109,692.48 RM 6,021.87 RM 77,662.44
RM 110,056.44 RM 7,507.88 RM 95,494.56
RM 108,056.76 RM 9,342.52 RM 117,510.24

RM 118,184.40 RM 10,333.30 RM 129,399.60

RM 126,621.48 RM 11,648.37 RM 145,180.44
RM 117,419.88 RM 14,635.17 RM 181,022.04
RM 119,178.12 RM 16,930.65 RM 208,567.80
RM 116,828.16 RM 19,812.73 RM 243,152.76
RM 114,407.76 RM 22,969.27 RM 281,031.24

RM 138,200.04 RM 24,236.91 RM 295,842.92

RM 142,919.52 RM 27,418.95 RM 334,027.40
RM 148,110.96 RM 30,919.25 RM 376,031.00
RM 153,821.52 RM 34,769.54 RM 422,234.48

RM 209,156.16 RM 34,917.15 RM 424,005.80

RM 222,291.24 RM 39,057.23 RM 473,686.76
RM 234,219.84 RM 43,821.34 RM 530,856.08
RM 248,661.12 RM 48,951.82 RM 592,421.84
RM 3,640,989.24 RM 429,993.96 RM 5,307,927.52
YEAR SALARY INCOME TAX EXPENSES CASH FLOW
YEARLY YEARLY YEARLY YEARLY
The first 6 years Ahmad's Annual Salary (0% income tax)
2013 RM 36,000.00
2014 RM 39,600.00 N RM 39,010.92 RM 589.08
2015 RM 43,560.00 O RM 39,010.92 RM 4,549.08
2016 RM 45,010.92 T RM 42,105.84 RM 2,905.08
2017 RM 52,707.00 A RM 48,826.92 RM 3,880.08
2018 RM 57,977.00 X RM 48,827.00 RM 9,150.00
 MONTHLY PREMIUMS TO BE PAID FOR EACH
CHILD
1ST CHILD 2ND CHILD 3RD CHILD
YEAR Ahmad' Age of Age of Age of
s Age 1st child 2nd child 3rd Child Yearly Yearly Yearly
2013 27
2014 28
2015 29
2016 30 born
2017 31 1 RM 318.00
2018 32 2 RM 318.00
2019 33 3 born RM 318.00
2020 34 4 1 born RM 318.00 RM 357.00
2021 35 5 2 1 RM 318.00 RM 357.00 RM 379.00
2022 36 6 3 2 RM 318.00 RM 357.00 RM 379.00
2023 37 7 4 3 RM 318.00 RM 357.00 RM 379.00
2024 38 8 5 4 RM 318.00 RM 357.00 RM 379.00
2025 39 9 6 5 RM 318.00 RM 357.00 RM 379.00
2026 40 10 7 6 RM 318.00 RM 357.00 RM 379.00
2027 41 11 8 7 RM 318.00 RM 357.00 RM 379.00
2028 42 12 9 8 RM 318.00 RM 357.00 RM 379.00
2029 43 13 10 9 RM 318.00 RM 357.00 RM 379.00
2030 44 14 11 10 RM 318.00 RM 357.00 RM 379.00
2031 45 15 12 11 RM 318.00 RM 357.00 RM 379.00
2032 46 16 13 12 RM 318.00 RM 357.00 RM 379.00
2033 47 17 14 13 RM 318.00 RM 357.00 RM 379.00
2034 48 18 15 14 RM 357.00 RM 379.00
2035 49 19 16 15 RM 357.00 RM 379.00
2036 50 20 17 16 RM 357.00 RM 379.00
2037 51 21 18 17 RM 379.00
2038 52 22 19 18
2039 53 23 20 19
2040 54 24 21 20
2041 55 22 21
2042 56 23 22
2043 57 24 23
2044 58 24
2045 59
2046 60
TOTAL
TOTAL PREMIUMS TO BE PAID

Monthly Yearly

RM 318.00 RM 3,816.00
RM 318.00 RM 3,816.00
RM 318.00 RM 3,816.00
RM 675.00 RM 8,100.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 1,054.00 RM 12,648.00
RM 736.00 RM 8,832.00
RM 736.00 RM 8,832.00
RM 736.00 RM 8,832.00
RM 379.00 RM 4,548.00

RM 17,918.00 RM 215,016.00
Year Range Ahmad's Salary Range (Monthly) Income Tax Charged (%)
2013 - 2018 RM 3,000.00 - RM 4,831.41 No tax charged
2019 - 2032 RM 5,314.50 - RM 18,347.25 2%
2033 - 2038 RM 20,182.00 - RM 32,503.25 6%
2039 - 2042 RM 35,753.58 - RM 47,588.00 11%
2043 - 2046 RM 52,346.83 - RM 69,673.58 19%
 Ahmad's Medical Contingency ()
Period 10 Years
Cost Increase Rate (%) 10%
Expected Medical Cost RM 150000
Estimate Future Medical Cost RM 389061
Ahmad should maintain his saving to reach estim RM 1250

Ahmad's Medical Contingency Overview

Insurance Premium (yearly) RM3,520.00
Total Insurance Premium Payment (2014-2046) RM80,960.00
Insurance Annual limit up to RM250,000.00
Insurance Life Limit up to RM2,500,000.00

Ahmad's Life Insurance Plan Overview

Insurance Premium (yearly) RM471.00
Total Insurance Premium Payment (in 33 years) RM15,543.00
Life Insurance Assured Sum RM100,000
Insurance Life Limit up to RM4,500,000.00
 Ahmad's Plan to Buy New Car in 2019
He starts saving from 2014-2019
Per Month Per Year Over 5 years
Saving in the Checking A/C RM 700.00 RM 8,400.00 RM 42,000.00
Selling his Old Car RM 20,000.00
Total Saving (Cost of the new car) RM 62,000.00

Other Related Car Costs

Current Car (2014-2019) New Car (2019 - )
Per year Per year
Road Tax RM 20.00 RM 90.00
Fuel Cost RM 2,400.00 RM 2,400.00
Servicing and Maintenance Cost RM 400.00 RM 360.00
Car Insurance Premium RM 857.00
Total cost yearly RM 2,820.00 RM 3,707.00
Total cost in 5 years RM 2,820.00 RM 18,535.00
Ahmad's Age Year

39 2025
40 2026
41 2027
42 2028
43 2029
44 2030
45 2031
46 2032
47 2033
48 2034
49 2035
50 2036
51 2037
52 2038
53 2039
54 2040
55 2041
56 2042
57 2043
58 2044
59 2045
60 2046
TOTAL
Cash Flows and Net
Worth
RM 1,481.28
RM 6,550.92
RM 18,730.32
RM 7,395.60
RM 22,132.80
RM 38,343.00
RM 56,175.12
RM 75,790.80
RM 102,672.00
RM 125,437.68
RM 163,727.16
RM 191,272.92
RM 221,573.76
RM 269,304.36
RM 300,115.87
RM 338,300.40
RM 380,303.98
RM 426,507.48
RM 427,078.83
RM 477,959.82
RM 533,929.14
RM 595,494.84
RM 4,780,278.08
AHMAD'S YEAR CASH FLOW NET WORTH & CHECKIG ACCOUNT
AGE Monthly Yearly Monthly Yearly
27 2013 RM 200.00 RM 2,400.00 RM 200.00 RM 2,400.00
28 2014 RM 1,100.00 RM 13,200.00 RM 1,100.00 RM 13,200.00
29 2015 RM 1,430.00 RM 17,160.00 RM 1,430.00 RM 17,160.00
30 2016 RM 1,293.00 RM 15,516.00 RM 1,293.00 RM 15,516.00
31 2017 RM 538.87 RM 6,466.44 RM 538.87 RM 6,466.44
32 2018 RM 1,028.03 RM 12,336.36 RM 1,028.03 RM 12,336.36
33 2019 RM 1,054.83 RM 12,657.96 RM 1,054.83 RM 12,657.96
34 2020 RM 375.62 RM 4,507.44 RM 375.62 RM 4,507.44
35 2021 RM (1,051.49) RM (12,617.88) Total RM 84,244.20
36 2022 RM (921.27) RM (11,055.24) Investment AC RM 15,000.00
37 2023 RM (1,478.08) RM (17,736.96) Total Negative Cashflow RM (49,996.80)
38 2024 RM (715.56) RM (8,586.72) Total Net Worth RM 49,247.40
39 2025
40 2026
41 2027
42 2028
43 2029
44 2030
45 2031
46 2032
47 2033
48 2034
49 2035
50 2036
51 2037
52 2038
53 2039
54 2040
55 2041
56 2042
57 2043
58 2044
59 2045
60 2046
TOTAL
 AHMAD'S INVESTMENT
Monthly Yearly
Total Net Worth RM 49,247.40
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 200.00 RM 2,400.00
RM 5,200.00 RM 111,647.40