|
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2009
|
2010
|
2011
|
2012
|
2013
|
|
Age:
|
39/38
|
40/39
|
41/40
|
42/41
|
43/42
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
28,560
|
29,131
|
29,714
|
30,308
|
30,914
|
|
CDs
|
10,325
|
10,661
|
11,007
|
11,365
|
11,734
|
|
529
Plans
|
59,358
|
67,451
|
70,824
|
74,365
|
78,083
|
|
|
98,243
|
107,243
|
111,545
|
116,038
|
120,731
|
|
Stocks
& Bonds
|
|
|
|
|
|
|
U
S Govt Bonds
|
5,000
|
5,000
|
5,000
|
5,000
|
5,000
|
|
Corporate
Bonds
|
12,000
|
12,000
|
12,000
|
12,000
|
12,000
|
|
Municipal
Bonds
|
13,500
|
13,500
|
13,500
|
13,500
|
13,500
|
|
Excess
Cash Fund
|
6,134
|
12,236
|
33,548
|
57,113
|
82,447
|
|
IBM
Stock
|
4,004
|
4,164
|
4,331
|
4,504
|
4,684
|
|
S&P
500 Fund
|
30,314
|
32,187
|
34,175
|
36,287
|
38,528
|
|
|
70,952
|
79,087
|
102,554
|
128,403
|
156,159
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
39,505
|
41,086
|
42,729
|
44,438
|
46,216
|
|
|
39,505
|
41,086
|
42,729
|
44,438
|
46,216
|
|
|
|
|
|
|
|
|
Liquid Assets
|
209,700
|
228,415
|
257,828
|
289,879
|
324,106
|
|
|
|
|
|
|
|
|
NONLIQUID
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retirement
Plans
|
|
|
|
|
|
|
Matt's
IRA
|
28,132
|
29,820
|
31,609
|
33,506
|
35,516
|
|
Tammy's
IRA
|
18,006
|
19,086
|
20,231
|
21,445
|
22,732
|
|
Tammy's
Roth IRA
|
11,660
|
15,264
|
16,561
|
17,555
|
18,608
|
|
Matt's
401k
|
45,022
|
68,491
|
93,991
|
121,664
|
151,657
|
|
Tammy's
SEP
|
39,071
|
51,536
|
65,053
|
79,694
|
95,535
|
|
|
141,891
|
184,197
|
227,445
|
273,864
|
324,048
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
705,499
|
726,663
|
748,463
|
770,917
|
794,045
|
|
|
705,499
|
726,663
|
748,463
|
770,917
|
794,045
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
610,018
|
628,318
|
647,168
|
666,583
|
686,580
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
|
675,018
|
693,318
|
712,168
|
731,583
|
751,580
|
|
|
|
|
|
|
|
|
Nonliquid Assets
|
1,522,408
|
1,604,178
|
1,688,076
|
1,776,364
|
1,869,673
|
|
|
|
|
|
|
|
|
Total Assets
|
1,732,108
|
1,832,593
|
1,945,904
|
2,066,243
|
2,193,779
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2009
|
2010
|
2011
|
2012
|
2013
|
|
Age:
|
39/38
|
40/39
|
41/40
|
42/41
|
43/42
|
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
216,615
|
211,428
|
205,934
|
200,116
|
193,955
|
|
|
216,615
|
211,428
|
205,934
|
200,116
|
193,955
|
|
Notes
Payable
|
|
|
|
|
|
|
Car
Loan
|
6,311
|
0
|
0
|
0
|
0
|
|
|
6,311
|
0
|
0
|
0
|
0
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
209,665
|
204,107
|
198,206
|
191,942
|
185,291
|
|
|
209,665
|
204,107
|
198,206
|
191,942
|
185,291
|
|
|
|
|
|
|
|
|
Total Liabilities
|
432,591
|
415,535
|
404,140
|
392,058
|
379,246
|
|
|
|
|
|
|
|
|
Net Worth
|
1,299,517
|
1,417,058
|
1,541,764
|
1,674,185
|
1,814,533
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2014
|
2015
|
2016
|
2017
|
2018
|
|
Age:
|
44/43
|
45/44
|
46/45
|
47/46
|
48/47
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
31,532
|
32,163
|
32,806
|
33,462
|
34,131
|
|
CDs
|
12,115
|
12,509
|
12,916
|
13,336
|
13,769
|
|
529
Plans
|
81,987
|
86,086
|
90,390
|
94,910
|
99,656
|
|
|
125,634
|
130,758
|
136,112
|
141,708
|
147,556
|
|
Stocks
& Bonds
|
|
|
|
|
|
|
U
S Govt Bonds
|
5,000
|
5,000
|
5,000
|
5,000
|
5,000
|
|
Corporate
Bonds
|
12,000
|
12,000
|
12,000
|
12,000
|
12,000
|
|
Municipal
Bonds
|
13,500
|
13,500
|
13,500
|
13,500
|
13,500
|
|
Excess
Cash Fund
|
102,086
|
122,869
|
145,467
|
169,350
|
194,575
|
|
IBM
Stock
|
4,871
|
5,066
|
5,269
|
5,480
|
5,699
|
|
S&P
500 Fund
|
40,909
|
43,436
|
46,119
|
48,969
|
51,994
|
|
|
178,366
|
201,871
|
227,355
|
254,299
|
282,768
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
48,064
|
49,987
|
51,986
|
54,066
|
56,229
|
|
|
48,064
|
49,987
|
51,986
|
54,066
|
56,229
|
|
|
|
|
|
|
|
|
Liquid Assets
|
353,065
|
383,617
|
416,454
|
451,072
|
487,553
|
|
|
|
|
|
|
|
|
NONLIQUID
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retirement
Plans
|
|
|
|
|
|
|
Matt's
IRA
|
37,647
|
39,906
|
42,300
|
44,838
|
47,528
|
|
Tammy's
IRA
|
24,096
|
25,542
|
27,075
|
28,699
|
30,421
|
|
Tammy's
Roth IRA
|
19,724
|
20,907
|
22,161
|
23,491
|
24,900
|
|
Matt's
401k
|
184,130
|
219,255
|
257,209
|
298,183
|
342,383
|
|
Tammy's
SEP
|
112,658
|
131,150
|
151,104
|
172,618
|
195,796
|
|
|
378,255
|
436,760
|
499,849
|
567,829
|
641,028
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
817,866
|
842,402
|
867,674
|
893,704
|
920,516
|
|
|
817,866
|
842,402
|
867,674
|
893,704
|
920,516
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
707,177
|
728,393
|
750,245
|
772,752
|
795,934
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
|
772,177
|
793,393
|
815,245
|
837,752
|
860,934
|
|
|
|
|
|
|
|
|
Nonliquid Assets
|
1,968,298
|
2,072,555
|
2,182,768
|
2,299,285
|
2,422,478
|
|
|
|
|
|
|
|
|
Total Assets
|
2,321,363
|
2,456,172
|
2,599,222
|
2,750,357
|
2,910,031
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2014
|
2015
|
2016
|
2017
|
2018
|
|
Age:
|
44/43
|
45/44
|
46/45
|
47/46
|
48/47
|
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
187,430
|
180,520
|
173,202
|
165,452
|
157,244
|
|
|
187,430
|
180,520
|
173,202
|
165,452
|
157,244
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
178,230
|
170,733
|
162,774
|
154,324
|
145,353
|
|
|
178,230
|
170,733
|
162,774
|
154,324
|
145,353
|
|
|
|
|
|
|
|
|
Total Liabilities
|
365,660
|
351,253
|
335,976
|
319,776
|
302,597
|
|
|
|
|
|
|
|
|
Net Worth
|
1,955,703
|
2,104,919
|
2,263,246
|
2,430,581
|
2,607,434
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2019
|
2020
|
2021
|
2022
|
2023
|
|
Age:
|
49/48
|
50/49
|
51/50
|
52/51
|
53/52
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
34,814
|
35,510
|
36,220
|
36,944
|
37,683
|
|
CDs
|
14,216
|
14,678
|
15,155
|
15,648
|
16,157
|
|
529
Plans
|
104,639
|
109,871
|
115,365
|
121,133
|
127,190
|
|
|
153,669
|
160,059
|
166,740
|
173,725
|
181,030
|
|
Stocks
& Bonds
|
|
|
|
|
|
|
U
S Govt Bonds
|
5,000
|
5,000
|
5,000
|
5,000
|
5,000
|
|
Corporate
Bonds
|
12,000
|
12,000
|
12,000
|
12,000
|
12,000
|
|
Municipal
Bonds
|
13,500
|
13,500
|
13,500
|
13,500
|
13,500
|
|
Excess
Cash Fund
|
221,200
|
249,282
|
278,795
|
309,678
|
341,975
|
|
IBM
Stock
|
5,927
|
6,164
|
6,411
|
6,667
|
6,934
|
|
S&P
500 Fund
|
55,206
|
58,617
|
62,238
|
66,084
|
70,166
|
|
|
312,833
|
344,563
|
377,944
|
412,928
|
449,575
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
58,478
|
60,817
|
63,249
|
65,779
|
68,411
|
|
|
58,478
|
60,817
|
63,249
|
65,779
|
68,411
|
|
|
|
|
|
|
|
|
Liquid Assets
|
525,980
|
566,439
|
608,934
|
653,433
|
700,015
|
|
|
|
|
|
|
|
|
NONLIQUID
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retirement
Plans
|
|
|
|
|
|
|
Matt's
IRA
|
50,380
|
53,403
|
56,607
|
60,003
|
63,603
|
|
Tammy's
IRA
|
32,246
|
34,181
|
36,232
|
38,406
|
40,710
|
|
Tammy's
Roth IRA
|
26,394
|
27,978
|
29,657
|
31,436
|
33,322
|
|
Matt's
401k
|
390,024
|
441,335
|
496,563
|
555,968
|
619,824
|
|
Tammy's
SEP
|
220,749
|
247,596
|
276,462
|
307,480
|
340,792
|
|
|
719,793
|
804,493
|
895,521
|
993,293
|
1,098,251
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
948,131
|
976,575
|
1,005,872
|
1,036,048
|
1,067,130
|
|
|
948,131
|
976,575
|
1,005,872
|
1,036,048
|
1,067,130
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
819,813
|
844,407
|
869,739
|
895,831
|
922,706
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
|
884,813
|
909,407
|
934,739
|
960,831
|
987,706
|
|
|
|
|
|
|
|
|
Nonliquid Assets
|
2,552,737
|
2,690,475
|
2,836,132
|
2,990,172
|
3,153,087
|
|
|
|
|
|
|
|
|
Total Assets
|
3,078,717
|
3,256,914
|
3,445,066
|
3,643,605
|
3,853,102
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2019
|
2020
|
2021
|
2022
|
2023
|
|
Age:
|
49/48
|
50/49
|
51/50
|
52/51
|
53/52
|
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
148,552
|
139,346
|
129,597
|
119,272
|
108,338
|
|
|
148,552
|
139,346
|
129,597
|
119,272
|
108,338
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
135,829
|
125,717
|
114,981
|
103,584
|
91,483
|
|
|
135,829
|
125,717
|
114,981
|
103,584
|
91,483
|
|
|
|
|
|
|
|
|
Total Liabilities
|
284,381
|
265,063
|
244,578
|
222,856
|
199,821
|
|
|
|
|
|
|
|
|
Net Worth
|
2,794,336
|
2,991,851
|
3,200,488
|
3,420,749
|
3,653,281
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2024
|
2025
|
2026
|
2027
|
2028
|
|
Age:
|
54/53
|
55/54
|
56/55
|
57/56
|
58/57
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
964
|
1,000
|
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
38,437
|
39,206
|
39,990
|
40,790
|
41,606
|
|
CDs
|
16,682
|
17,224
|
17,784
|
18,362
|
18,959
|
|
529
Plans
|
92,550
|
56,178
|
17,987
|
0
|
0
|
|
|
147,669
|
112,608
|
75,761
|
59,152
|
60,565
|
|
Stocks
& Bonds
|
|
|
|
|
|
|
U
S Govt Bonds
|
5,000
|
5,000
|
5,000
|
5,000
|
5,000
|
|
Corporate
Bonds
|
12,000
|
12,000
|
12,000
|
12,000
|
12,000
|
|
Municipal
Bonds
|
13,500
|
13,500
|
13,500
|
13,500
|
13,500
|
|
Excess
Cash Fund
|
375,731
|
410,891
|
447,594
|
461,652
|
499,774
|
|
IBM
Stock
|
7,211
|
7,499
|
7,799
|
8,111
|
8,436
|
|
S&P
500 Fund
|
74,501
|
79,104
|
83,991
|
89,180
|
94,690
|
|
|
487,943
|
527,994
|
569,884
|
589,443
|
633,399
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
71,147
|
73,993
|
76,953
|
80,031
|
83,232
|
|
|
71,147
|
73,993
|
76,953
|
80,031
|
83,232
|
|
|
|
|
|
|
|
|
Liquid Assets
|
707,759
|
715,596
|
723,598
|
729,590
|
778,197
|
|
|
|
|
|
|
|
|
NONLIQUID
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retirement
Plans
|
|
|
|
|
|
|
Matt's
IRA
|
67,419
|
71,464
|
75,752
|
80,297
|
85,115
|
|
Tammy's
IRA
|
43,153
|
45,742
|
48,487
|
51,396
|
54,480
|
|
Tammy's
Roth IRA
|
35,321
|
37,440
|
39,686
|
42,067
|
44,591
|
|
Matt's
401k
|
688,427
|
762,088
|
841,140
|
925,934
|
1,016,846
|
|
Tammy's
SEP
|
376,548
|
414,909
|
456,045
|
500,136
|
547,375
|
|
|
1,210,868
|
1,331,643
|
1,461,110
|
1,599,830
|
1,748,407
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
1,099,144
|
1,132,118
|
1,166,082
|
1,201,064
|
1,237,096
|
|
|
1,099,144
|
1,132,118
|
1,166,082
|
1,201,064
|
1,237,096
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
950,387
|
978,899
|
1,008,266
|
1,038,514
|
1,069,669
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
|
1,015,387
|
1,043,899
|
1,073,266
|
1,103,514
|
1,134,669
|
|
|
|
|
|
|
|
|
Nonliquid Assets
|
3,325,399
|
3,507,660
|
3,700,458
|
3,904,408
|
4,120,172
|
|
|
|
|
|
|
|
|
Total Assets
|
4,033,158
|
4,223,256
|
4,424,056
|
4,633,998
|
4,898,369
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2024
|
2025
|
2026
|
2027
|
2028
|
|
Age:
|
54/53
|
55/54
|
56/55
|
57/56
|
58/57
|
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
96,758
|
84,495
|
71,508
|
57,753
|
43,187
|
|
|
96,758
|
84,495
|
71,508
|
57,753
|
43,187
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
78,636
|
64,997
|
50,516
|
35,142
|
18,820
|
|
|
78,636
|
64,997
|
50,516
|
35,142
|
18,820
|
|
|
|
|
|
|
|
|
Total Liabilities
|
175,394
|
149,492
|
122,024
|
92,895
|
62,007
|
|
|
|
|
|
|
|
|
Net Worth
|
3,857,764
|
4,073,764
|
4,302,032
|
4,541,103
|
4,836,362
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend
Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew
& Tammy McCarthey
|
|