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Your Details
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My current living expenses per month is
₱ 10,000
₱ 500,000
which translates to ₱1,481,472.00 annually.
I expect my family to be financially capable in
(number of years)
My estimate for the cost of memorial/funeral service today is
₱ 50,000
₱ 1,000,000
I estimate an average inflation of
1%
10%
Note: Inflation rate measures how fast prices for goods and services rise over time. 2017 average inflation rate is 2.9%. (source: www.bsp.gov.ph)
In a year, maintenance medicines cost
₱ 10,000
₱ 1,000,000
Hospital confinement amounts to
₱ 20,000
₱ 1,000,000
Current cost of treatment for critical illness is
₱ 50,000
₱ 2,000,000
Hence, total annual health expense is ₱1,481,472.00
I estimate an average inflation of
1%
10%
2017 average inflation rate is 2.9%. (source: www.bsp.gov.ph)
My child is now
years old
I am saving up for his/her
Currently, annual cost of education is:
High School:
₱ 10,000
₱ 1,000,000
College:
₱ 10,000
₱ 1,000,000
I estimate an average inflation of
1%
15%
2017 average inflation rate is 2.9%. (source: www.bsp.gov.ph)
My dream is to
And today, this dream will cost around/currently amounts to
₱ 100,000
₱ 1,000,000
I want to achieve my dream in
(number of years)
I estimate an average inflation of
1%
15%
2017 average inflation rate is 2.9%. (source: www.bsp.gov.ph)
I am now
years old
I want to retire at age
and expect to live until I am
years old
My current monthly expense amounts to
₱ 10,000
₱ 1,000,000
But I can probably shoulder
₱ 10,000
₱ 1,000,000
of it from my retirement fund and/or other income.
Therefore, I still need ₱0.00 monthly or ₱0.00 annually.
I estimate an average inflation of
1%
10%
My asset list are:
Real Estate
Jewelry
Cash
Others
(Painting, and other works of art, collections)
Total Assets: ₱ 0.00
My allowable deductions are:
Unpaid mortgages
Unpaid Taxes
Casualty losses
Family Home
Standard Deduction: ₱ 5,000,000.00
Total Deductions: ₱ 5,000,000.00
My total estate subject to tax is ₱ 0.00
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