Strategi Pengelolaan Aset sebagai Persiapan Dana Kebutuhan

Client�s income is relatively low in percentage compared to the income. In fact, Client�s income is mostly from business venture which is highly uncertain. Through the prepared scenarios, the researcher prepares necessary fund which can be allocated to spare fund and preparation fund when the income level decreases. For Client�s pension fund, the chosen investment instrument is gold. Investment instrument used on preparing spare fund is liquid investment instrument. Fund allocation on scenario I with total spare fund of Rp754,747,350 will increase return of Rp 40,376,015 or 4.78% of all spare fund, while scenario 2 results increase of Rp42,733,946 or 5.09%. I t can be inferred that scenario 2 provides higher return compared to scenario 1. The aim of managing this spare fund is not to increase the fund, but to minimize risks faced by the client as a result of inflation. The growth of net worth on the next years without implementing scenarios is Rp484,506,513, whereas with scenario 1 is Rp950,564,530 and with scenario 2 is Rp1,208,355,480. This shows that scenario 2 provide the highest growth of net worth. Comparing the cash flow statement for the period of 2010 to 2011, the client has Rp34,405,000 of net cash flow. For the same period, the client will be able to have Rp571,700,810 of net cash flow after implementing scenario 1 or Rp293,174,810 with scenario 2. Based on the calculation, scenario 1 provides the highest increase on net cash flow