1) Savings
Actual vs Target - not actually plan
2) Investment Performance
Actual Capital Gain vs Target - break even
Actual Rental Gain vs Target - don't have
3) Debt Management
Current debt to asset Ratio
Debt To Asset Ratio = Total Debt / Total Assets
Example: My house worth RM 450 k, condominium RM 250 k, My current outstanding loan RM 305k
So Debt to Asset Ratio = 305/700 = 44 % - the lowest the better, less than 30 % consider healthy
4) Insurance Planning
- Current vs Ideal Coverage
- Death, Disability and Critical Illnesses
5) EPF nomination
- review of nomination
6) Will
- review of execution and guardian
- review of entitlement, beneficiaries