Your short-term financial goal: Buy a house/car/ boat (pick at least one goal) Current age:...

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Finance

Your short-term financial goal: Buy a house/car/ boat (pick at least one goal)

Current age:

Age when you want to buy the house/car/boat:

Years to wait:

Price of house/car/boat you want to buy:

Monthly savings required to meet your goal: $___________________.

Your long term goal: Developing a Retirement Plan

Your Current Retirement Goals

Current Age:

Expected Retirement Age:

Years until Retirement:

Years in Retirement:

Annual Retirement Spending:

Required value of investment portfolio the day you retire: $___________________.

Monthly savings goal to meet retirement goal: $________________.

Assumptions

  • Inflation Rate: This is your estimate of what the inflation rate will be over the next 40 years so you can estimate what your budget needs to be when you retire.
    • Return on Investments:
  • Pre-Retirement :This is the return you think you can earn on your investments while you are working and saving.
  • Retirement : This is the return you can earn on your investments after you retire.

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