Performing Comprehensive Retirement Planning with Microsoft Excel by Frederick Ang

RM260.00

Date	16 July 2024
Time	9.00am – 5.00pm
CE/CPE/CPD	10 FPAM CE Points / 10 SIDC CPE Points / 8 FiMM CPD Points
Facilitator	Frederick Ang

SKU: N/A Category: Workshops

This course equips you with the essential skills and knowledge needed to perform comprehensive retirement planning using Microsoft Excel. Through a combination of theoretical understanding and practical application, you will learn how to utilize Excel’s powerful tools to create realistic retirement assumptions, estimate expenses, assess funding needs, and develop strategies to address potential shortfalls.

By the end of the course, you will be proficient in leveraging Excel for data analysis, scenario planning, and visual representation to effectively plan for your retirement.

Learning Outcome

Upon completion of this course, you will be able to:

1. Understand the principles, process & importance of comprehensive retirement planning.

2. Apply spreadsheet functions, formulas, and formatting techniques for retirement planning.

3. Create realistic retirement assumptions with Excel for life expectancy, income growth, inflation rates, and investment returns.

4. Estimate accurate retirement expenses and retirement replacement ratio using Excel.

5. Assess retirement funding needs and retirement funding gaps with Excel tools by considering all vital factors.

6. Develop optimal strategies to address retirement shortfalls by utilizing Excel scenario planning and sensitivity analysis features.

7. Create visual representations of retirement data using Excel charts for effective communication.

Learning Outline

8.30 – 9.00 am	Registration / Pre-Assessment
9.00 – 9.45 am	Understanding Comprehensive Retirement Planning Definition of retirement and its significance in one’s financial journey Key principles & objectives of retirement planning Overview of the 6-step retirement planning process
9.45 – 10.15 am	Excel Fundamentals for Retirement Planning Overview of Microsoft Excel and its importance for retirement planners Understanding spreadsheet terminologies Basic Excel functions & formulas for retirement planning Formatting Techniques Cells formatting & conditional Numbers formatting Table formatting Arithmetic operators Statistical functions Sum Average Max iv. Min Mod Median Absolute and relative cell references Lookup and reference function Time Value of Money
10.15 – 10.30 am	TEA BREAK
10.30 – 11.00 am	Establishing Realistic Retirement Assumptions Using Excel Life expectancy Income growth Inflation rate Return rate
11.00 am – 12.30 pm	Projecting Retirement Expenses & Replacement Ratio Using Excel Comprehensive analysis of retirement expenses Understanding and calculating the replacement ratio
12.30 – 2.00 pm	LUNCH
2.00 – 3.30 pm	Determining Retirement Funding Needs and Calculating Shortfall Building Annual Withdrawal and Savings Tables in Excel Integrating Passive Income Streams into Projections Analyzing Retirement Funding Gaps
3.30 – 3.45 pm	TEA BREAK
3.45 – 4.15 pm	Retirement Shortfall Elimination and Scenario Planning Implementing Strategies to Address Retirement Shortfalls Conducting Scenario Planning and Sensitivity Analysis in Excel
4.15 – 4.45 pm	Charts and Graphs for Retirement Planning Creating visual representations of data using Excel charts Customizing charts for effective communication of retirement planning insights
4.4.5 – 5.00 pm	Summary, Q & A & Feedback

Facilitator

Frederick Ang,

Frederick is a seasoned wealth manager and financial educator with a background in high-net-worth banking. His practical experience with client financial challenges shapes his all-encompassing approach to wealth management, which includes cash flow optimization, holistic risk protection, strategic investment, comprehensive retirement planning, and meticulous estate planning. Renowned for his expertise in financial education and sales management, he has developed extensive training programs aimed at bolstering the skills and knowledge of financial professionals. As a proficient instructor, he covers all modules of the CERTIFIED FINANCIAL PLANNER® certification and conducts HRD Corp claimable programs on a wide array of financial topics from behavioural finances to portfolio management.

His mission is steadfast: to elevate the standards of financial professionals, democratize financial literacy, and empower individuals to better their lives through informed financial decisions.

Terms & Conditions

Registration is on a first-come-first-served basis, only 30 seats are available.
Participants need to sit in for the workshop throughout the day to receive the certificate and to fulfill the endorsement of points.
Confirmation is subject to receipt of payment before the workshop.
FPAM reserves the right to amend the program, speaker, date, venue, etc, without prior notice.

Frequently Asked Questions

1. How long will each physical program take?

Each physical program is the equivalent of a day’s CE Workshop training for approximately 8 hours with the morning & afternoon coffee break and lunch in between. The duration of the program excluding the break is 6 hours.

2. Can I attend only half the sessions of the training?

You will need to sit in for the session throughout the day unless you have a valid reason or a copy of proof.

3. Mode of payment?

We accept payment by credit / debit card (VISA / MasterCard / AMERICAN EXPRESS / Discover), by FPX (Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Muamalat, Bank Rakyat, BSN, CIMB Clicks, Hong Leong Bank, HSBC Bank, KFH, Maybank2E, Maybank2U, OCBC Bank, Public Bank, RHB Bank, Standard Chartered, UOB Bank).

4. How secure is shopping? Is my data protected?

Your data will be handled confidentially and encrypted with SSL (Secure-Socket-Layer) secure server software. The encrypted information of your order, your name, address, credit card, and bank details cannot be retrieved by any third party. Credit card payments will also be verified through the 3D secure procedure.

5. Who should I contact if there is any transactional issue or problem purchasing any product/service?

Kindly drop a message below with the problem statement, and we will get back to you as soon as possible.