Get documents about "worksheet
Shared by: xuyuzhu
-
Stats
- views:
- 8
- posted:
- 11/17/2012
- language:
- Unknown
- pages:
- 3
Document Sample
Sample Financial Plan Worksheet
Notes:
Monthly Household Net Income: $2,200 Number of Dependents: 0
information
General
Monthly Non-discretionary Expenses: $1,700 Your Age: 22
Amount Remaining to Save for Goals: $500 Expected Graduation Date: Just graduated
Goal # 1 Goal # 2 Goal # 3 Goal # 4
Identify goals, cost, time horizon, savings method
3-month emergency Pay off student loans in Start a retirement
Write Goals Here
Car down payment fund 5 years account
and anticipated rate of return.
Total cost of each goal $1,750 $4,500 $2,500 $100,000
Current funds available $0 $150 $100 $700
Time needed to achieve each goal 2 months 29 months 5 years 30 years
$200 from paycheck
Monthly contribution to achieve goal $0 $150 $43
$80 employer match
Funding source for monthly contribution Tax refund Pay check Pay check Paycheck & employer match
Work retirement
Method for saving/investing for goal Checking account Savings account Paying on loan
account/Mutual funds
Expected interest rate/rate of return 0% 2% Paying 8.25% interest 9%
Write risks to achieving plan here
Disability, expensive
Identify risks and insurance that can
No risks Job loss Job loss, health, disability
Identify insurance to protect against financial
loss from risk(s) by marking appropriate emergency
protect against financial loss.
box(es).
Life
Health Paid by work X
Monthly Cost
Disability $35 X
Automobile $150 X
Home/Renters $20 X
Other___________ Deferment
Sample Financial Plan Worksheet
Notes:
Monthly Household Net Income: $4,475 Number of Dependents: 3
information
General
Monthly Non-discretionary Expenses: $3,200 Your Age: 37
Amount Remaining to Save for Goals: $1,275 Expected Graduation Date: M.D. graduation in 1 year
Goal # 1 Goal # 2 Goal # 3 Goal # 4
Identify goals, cost, time horizon, savings method
6-month emergency Pay off student loans in Build up retirement
Write Goals Here
Save for kids' college fund 5 years account
education
and anticipated rate of return.
Total cost of each goal $75,000 $19,200 $17,500 $850,000
Current funds available $24,267 $9,000 $0 $78,900
Time needed to achieve each goal 7 years 18 months 5 years 20 years
$400 from paycheck
Monthly contribution to achieve goal $150 $500 $225
$160 employer match
Pay check, gifts from Pay check, future salary
Funding source for monthly contribution Pay check, tax refunds Paycheck & employer match
parents/grand parents increases
Work retirement
Method for saving/investing for goal 529 College Savings Plan Money market account Paying on loan
account/Mutual funds
Expected interest rate/rate of return 7% 2% Paying 8.25% interest 9%
Write risks to achieving plan here
Job loss, death, disability, Disability, expensive
Identify risks and insurance that can
Job loss Job loss, health, disability
Identify insurance to protect against financial
loss from risk(s) by marking appropriate expensive accident. emergency
protect against financial loss.
box(es).
Life $40 X
Health Paid by work X X
Monthly Cost
Disability $45 X X
Automobile $95 X X
Home/Renters $35 X X
Other___________ Deferment
Financial Plan Worksheet
Notes:
Monthly Household Net Income: Number of Dependents:
information
General
Monthly Non-discretionary Expenses: Your Age:
Amount Remaining to Save for Goals: Expected Graduation Date:
Goal # 1 Goal # 2 Goal # 3 Goal # 4
Identify goals, cost, time horizon, savings method
Write Goals Here
and anticipated rate of return.
Total cost of each goal
Current funds available
Time needed to achieve each goal
Monthly contribution to achieve goal
Funding source for monthly contribution
Method for saving/investing for goal
Expected interest rate/rate of return
Write risks to achieving plan here
Identify risks and insurance that can
Identify insurance to protect against financial
loss from risk(s) by marking appropriate
protect against financial loss.
box(es).
Life
Health
Monthly Cost
Disability
Automobile
Home/Renters
Other___________
