 |
|
FINANCIAL FREEDOM: DREAM OR REALITY?
Throughout our life, we have made numerous financial decisions such as
• I wish to purchase my dream home in 5 years time
•
I want to bring my family for a 2 weeks holiday every year
•
I wish to be financially free within the next 5 years
•
I need to save $200,000 for my children’s education
|
|
|
Although many of us aspire to be financially independent within a specific time frame, only few succeed. Whilst the goals are clear, we tend to lack an overall direction or the self discipline to enforce our decision. More often, we end up not achieving these goals or taking the longer route to success. To achieve financial freedom, you need to adopt a structured approach towards personal financial planning. Financial Planning is the critical process of meeting your life goals through the proper management of your finances. The FT Financial Freedom Master class will cover the various elements of personal financial planning and provides the framework for each participant to visualize their financial goals and blue-prints.
Using a time tested approach to the application of financial knowledge in an integrated basis, the FT Financial Freedom Master class will covers key aspect of financial planning including investment planning, insurance planning, retirement planning, tax planning, and estate planning.
Learning Outcomes
The key objective of this 2 Day Masterclass is to equip participants with the following tools and techniques to determine their financial goals and draw up their financial maps.
It will covers:
•
The importance of financial planning
•
The six-step process of personal financial planning
•
Explain the key aspects of wealth creation through cash management.
•
Discuss the key aspects of wealth accumulation through investment planning.
•
Understand the salient features of wealth accumulation for retirement
•
Discuss the critical aspects of wealth protection through insurance planning.
•
Explain the core features of wealth preservation through estate planning.
•
Understand the key aspects of wealth preservation through tax planning.
Presented by: Dr Patrick Chan
|
|
 |
•
•
•
•
•
|
PhD degree in Business from the Nanyang Technological University.
Masters in Business Administration from University of Dubuque
BSc(Hons) in Biology from Washington State University
FCII,FChFP,FRIM,ARM,RFC
Board Certified Life Coach
|
|
|
Dr Patrick Chan is a Business Professor with a rich entrepreneurial mind of a Business Owner of 3 businesses; a Management Consultant for Private Franchises; a Board Certified Financial Life Coach as well as an Author of 4 books covering the areas of personal financial planning and risk management. Dr Chan also had impressive accomplishment in his 11 years of corporate career prior to his current academician career: the successful mergers and acquisitions of 2 financial services businesses and the profitable turn around and selling off of 2 family businesses. Dr Chan’s research interest focuses on behavioral finance particularly in the areas of wealth management, corporate risk management and insurance. Dr Chan is a professionally qualified Registered Financial Consultant and has fellowship to several international professional bodies including the Chartered Insurance Institute, Singapore Insurance Institute and the Risk & insurance Management Association of Singapore (RIMAS) where he had previously served as the President. Dr Chan is also a member of the Task Force for Personal Financial Planning for CPA, Singapore.
Research Interest
•
Behavioural and technical aspects of Insurance and risk management; financial engineering; and personal wealth management.
Selected Publications
•
Patrick ChanKP, Yee Wah Chin & Wu Yuan "Spousal Characteristics & Its Effect on Life Insurance Ownership Between Spouses in Singapore" at the World Risk & Insurance Economics Conference, Salt Lake City, USA., 2005
•
Patrick ChanKP, "The Stock Prices Of Reinsurers: The Dual Impacts Of Terrorist Attacks" at the 8th Annual Conference of the Asia - Pacific Risk and Insurance Association, Seoul, 2004
•
Patrick Chan KP, "Pricing Strategy & Ownership Structure of Insurers: A Case of Foreign & Local Insurers in Singapore" at the 7th Annual Conference of the Asia - Pacific Risk and Insurance Association, Bangkok.,2003
•
Patrick Chan KP and Yee Wah Chin, "A Risk Management Model for Preservation of Family Business", Journal of Enterprising Culture. Volume 6, Number 4 (December 1998), 413-427.
To ensure maintain the quality of the Master Class, enrolment is capped at 25 participants per session. Registrations are processed on a first-come, first-served basis.
Register by calling: 6736 3633 or email: training@ftacademy.com.sg
|
|
|
FREE ADVISORY SESSION:
Receive complimentary advisory from our expert trainer to discuss the issues that matter to your business and investments
Course Outline
Course Structure
Wealth Management & Creation
•
Principles of Financial Planning
•
Determining Your Financial Goals
•
Assessing Your Financial Health
•
Your Personal Profit & Loss Statement
•
Your Personal Balanced Sheet Statement
•
Determining Your Personal Net Worth
Wealth Accumulation: Cash, Investment and Retirement Planning
•
Cash Management Plan for Wealth Foundation
•
Investment Planning for Wealth Creation
•
Fundamentals of Investment
•
Time Value of Money
•
Power of Compounding Interest
Wealth Protection: Life and General Insurance
•
Wealth Preservation: Estate and Tax Planning
•
Type of Property Ownership
•
Impact on Estate Transfer
•
Tax Planning for Wealth Leakages
Monitoring & Reviewing Your Financial Plans
•
Keeping Track with Diagnostic Financial Ratios
Arriving at Your Financial Destination
•
Wealth Management Strategies
•
Different Life Cycle Phases
|
|
