|
|
|
Legend Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
05/17/07
|
C A
S H F L O W S T A T E M E N T
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2007
|
2008
|
2009
|
2010
|
2011
|
|
Age:
|
37/36
|
38/37
|
39/38
|
40/39
|
41/40
|
|
BEGINNING
OF YEAR
|
|
|
|
|
|
|
Idle Cash
On Hand
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
|
SOURCES
OF CASH
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash
Income
|
|
|
|
|
|
|
Matt's
Salary
|
102,600
|
105,678
|
108,848
|
112,114
|
115,477
|
|
Tammy's
Consulting
|
60,000
|
61,800
|
63,654
|
65,564
|
67,531
|
|
Interest+Dividends
|
80
|
83
|
87
|
90
|
94
|
|
|
162,680
|
167,561
|
172,589
|
177,767
|
183,101
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
40,000
|
41,200
|
42,436
|
43,709
|
45,020
|
|
|
40,000
|
41,200
|
42,436
|
43,709
|
45,020
|
|
|
|
|
|
|
|
|
Total Cash Inflow
|
202,680
|
208,761
|
215,025
|
221,477
|
228,122
|
|
|
|
|
|
|
|
|
Tot Cash Available
|
203,680
|
209,762
|
216,025
|
222,477
|
229,122
|
|
|
|
|
|
|
|
|
USES
OF CASH
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fully
Tax Deductible
|
|
|
|
|
|
|
Matt's
401k
|
15,000
|
15,000
|
15,500
|
16,000
|
16,500
|
|
Tammy's
SEP
|
9,000
|
9,270
|
9,548
|
9,835
|
10,130
|
|
Home
Mortgage
|
13,139
|
12,883
|
12,609
|
12,320
|
12,013
|
|
|
37,139
|
37,153
|
37,657
|
38,155
|
38,643
|
|
Partly
Deductible
|
|
|
|
|
|
|
Medicine
& Drugs
|
3,600
|
3,708
|
3,819
|
3,934
|
4,052
|
|
Charity
|
1,200
|
1,236
|
1,273
|
1,311
|
1,351
|
|
Tax &
Financial Fee
|
250
|
258
|
265
|
273
|
281
|
|
|
5,050
|
5,202
|
5,358
|
5,518
|
5,684
|
|
Not
Tax Deductible
|
|
|
|
|
|
|
Car Loan
|
1,527
|
1,122
|
688
|
223
|
0
|
|
Food
|
9,000
|
9,270
|
9,548
|
9,835
|
10,130
|
|
Clothing
|
4,800
|
4,944
|
5,092
|
5,245
|
5,402
|
|
Entertainment
|
6,000
|
6,180
|
6,365
|
6,556
|
6,753
|
|
Vacations
|
6,000
|
6,180
|
6,365
|
6,556
|
6,753
|
|
Gas
|
3,600
|
3,708
|
3,819
|
3,934
|
4,052
|
|
Matt's
Term
|
600
|
600
|
600
|
600
|
600
|
|
|
|
|
|
|
|
|
You may
include a footnote to be automatically included at the bottom of all of your
reports,.
|
|
|
|
|
|
|
|
|
|
|
Cash Flow Statement provides year by year projections for sources and uses of cash.
|
|
|
|
Legend Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
05/17/07
|
C A
S H F L O W S T A T E M E N T (cont.)
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2007
|
2008
|
2009
|
2010
|
2011
|
|
Age:
|
37/36
|
38/37
|
39/38
|
40/39
|
41/40
|
|
Tammmy's
VUL
|
900
|
900
|
900
|
900
|
900
|
|
Repair/Maintenance
|
2,400
|
2,472
|
2,546
|
2,623
|
2,701
|
|
Household
Exp.
|
4,800
|
4,944
|
5,092
|
5,245
|
5,402
|
|
Utilities
|
7,200
|
7,416
|
7,638
|
7,868
|
8,104
|
|
Tammy's
Roth IRA
|
4,000
|
1,950
|
0
|
0
|
0
|
|
|
50,827
|
49,686
|
48,655
|
49,584
|
50,797
|
|
Taxes
Paid
|
|
|
|
|
|
|
Fed Tax
Paid
|
32,570
|
34,389
|
36,139
|
38,322
|
40,710
|
|
State Tax
Paid
|
5,535
|
5,932
|
6,309
|
6,699
|
7,103
|
|
FICA/Soc
Sec Tax
|
7,533
|
7,819
|
8,126
|
8,433
|
8,761
|
|
Real
Estate Tax
|
13,690
|
14,238
|
14,807
|
15,399
|
16,015
|
|
|
59,328
|
62,378
|
65,381
|
68,854
|
72,589
|
|
Purchase/Deposits
|
|
|
|
|
|
|
Excess
Cash Fund
|
11,130
|
14,289
|
17,018
|
18,051
|
24,894
|
|
529 Plans
|
5,000
|
5,000
|
5,000
|
5,000
|
5,000
|
|
|
16,130
|
19,289
|
22,018
|
23,051
|
29,894
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
24,237
|
24,425
|
24,618
|
24,817
|
25,021
|
|
|
24,237
|
24,425
|
24,618
|
24,817
|
25,021
|
|
Liability
Liquidation
|
|
|
|
|
|
|
Home
Mortgage
|
4,368
|
4,624
|
4,898
|
5,187
|
5,494
|
|
Car Loan
|
5,601
|
6,006
|
6,440
|
6,311
|
0
|
|
|
9,969
|
10,630
|
11,338
|
11,498
|
5,494
|
|
|
|
|
|
|
|
|
Tot Cash Outflow
|
202,680
|
208,762
|
215,025
|
221,476
|
228,122
|
|
|
|
|
|
|
|
|
END OF
YEAR
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
|
You may
include a footnote to be automatically included at the bottom of all of your
reports,.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
05/17/07
|
C A
S H F L O W S T A T E M E N T
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2012
|
2013
|
2014
|
2015
|
2016
|
|
Age:
|
42/41
|
43/42
|
44/43
|
45/44
|
46/45
|
|
BEGINNING
OF YEAR
|
|
|
|
|
|
|
Idle Cash
On Hand
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
|
SOURCES
OF CASH
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash
Income
|
|
|
|
|
|
|
Matt's
Salary
|
118,942
|
122,510
|
126,185
|
129,971
|
133,870
|
|
Tammy's
Consulting
|
69,556
|
71,643
|
73,792
|
76,006
|
78,286
|
|
Interest+Dividends
|
97
|
101
|
105
|
110
|
114
|
|
|
188,595
|
194,254
|
200,083
|
206,086
|
212,270
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
46,371
|
47,762
|
49,195
|
50,671
|
52,191
|
|
|
46,371
|
47,762
|
49,195
|
50,671
|
52,191
|
|
|
|
|
|
|
|
|
Total Cash Inflow
|
234,966
|
242,016
|
249,278
|
256,757
|
264,461
|
|
|
|
|
|
|
|
|
Tot Cash Available
|
235,966
|
243,017
|
250,278
|
257,757
|
265,461
|
|
|
|
|
|
|
|
|
USES
OF CASH
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fully
Tax Deductible
|
|
|
|
|
|
|
Matt's
401k
|
17,000
|
17,500
|
18,000
|
18,500
|
19,500
|
|
Tammy's
SEP
|
10,433
|
10,746
|
11,069
|
11,401
|
11,743
|
|
Home
Mortgage
|
11,689
|
11,346
|
10,982
|
10,597
|
10,189
|
|
|
39,122
|
39,592
|
40,051
|
40,498
|
41,432
|
|
Partly
Deductible
|
|
|
|
|
|
|
Medicine &
Drugs
|
4,173
|
4,299
|
4,428
|
4,560
|
4,697
|
|
Charity
|
1,391
|
1,433
|
1,476
|
1,520
|
1,566
|
|
Tax &
Financial Fee
|
290
|
299
|
307
|
317
|
326
|
|
|
5,854
|
6,030
|
6,211
|
6,397
|
6,589
|
|
Not
Tax Deductible
|
|
|
|
|
|
|
Food
|
10,433
|
10,746
|
11,069
|
11,401
|
11,743
|
|
Clothing
|
5,565
|
5,731
|
5,903
|
6,080
|
6,263
|
|
Entertainment
|
6,956
|
7,164
|
7,379
|
7,601
|
7,829
|
|
Vacations
|
6,956
|
7,164
|
7,379
|
7,601
|
7,829
|
|
Gas
|
4,173
|
4,299
|
4,428
|
4,560
|
4,697
|
|
Future
Car Leases
|
0
|
7,200
|
7,416
|
7,638
|
7,868
|
|
Matt's
Term
|
600
|
600
|
600
|
0
|
0
|
|
Tammmy's
VUL
|
900
|
900
|
900
|
900
|
900
|
|
Repair/Maintenance
|
2,782
|
2,866
|
2,952
|
3,040
|
3,131
|
|
Household
Exp.
|
5,565
|
5,731
|
5,903
|
6,080
|
6,263
|
|
|
|
|
|
|
|
|
You may
include a footnote to be automatically included at the bottom of all of your
reports,.
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
05/17/07
|
C A
S H F L O W S T A T E M E N T (cont.)
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2012
|
2013
|
2014
|
2015
|
2016
|
|
Age:
|
42/41
|
43/42
|
44/43
|
45/44
|
46/45
|
|
Utilities
|
8,347
|
8,597
|
8,855
|
9,121
|
9,394
|
|
|
52,276
|
60,999
|
62,784
|
64,023
|
65,917
|
|
Taxes
Paid
|
|
|
|
|
|
|
Fed Tax
Paid
|
43,070
|
45,514
|
48,044
|
50,662
|
53,211
|
|
State Tax
Paid
|
7,520
|
7,952
|
8,399
|
8,861
|
9,307
|
|
FICA/Soc
Sec Tax
|
9,090
|
9,372
|
9,653
|
9,943
|
10,241
|
|
Real
Estate Tax
|
16,656
|
17,322
|
18,015
|
18,736
|
19,485
|
|
|
76,336
|
80,161
|
84,111
|
88,202
|
92,244
|
|
Purchase/Deposits
|
|
|
|
|
|
|
Excess
Cash Fund
|
25,326
|
18,623
|
18,922
|
24,822
|
24,820
|
|
529 Plans
|
5,000
|
5,000
|
5,000
|
0
|
0
|
|
|
30,326
|
23,623
|
23,922
|
24,822
|
24,820
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
25,232
|
25,450
|
25,674
|
25,904
|
26,142
|
|
|
25,232
|
25,450
|
25,674
|
25,904
|
26,142
|
|
Liability
Liquidation
|
|
|
|
|
|
|
Home
Mortgage
|
5,818
|
6,161
|
6,525
|
6,910
|
7,318
|
|
|
5,818
|
6,161
|
6,525
|
6,910
|
7,318
|
|
|
|
|
|
|
|
|
Tot Cash Outflow
|
234,966
|
242,016
|
249,278
|
256,756
|
264,462
|
|
|
|
|
|
|
|
|
END OF
YEAR
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
|
You may
include a footnote to be automatically included at the bottom of all of your
reports,.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
05/18/07
|
C A
S H F L O W S T A T E M E N T
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2020
|
2025
|
2030
|
2035
|
2060
|
|
Age:
|
50/49
|
55/54
|
60/59
|
65/64
|
89
|
|
BEGINNING
OF YEAR
|
|
|
|
|
|
|
Idle Cash
On Hand
|
1,000
|
1,000
|
1,000
|
976
|
1,000
|
|
|
|
|
|
|
|
|
SOURCES
OF CASH
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash
Income
|
|
|
|
|
|
|
Matt's
Salary
|
150,672
|
174,670
|
202,490
|
0
|
0
|
|
Matt's
IRA
|
0
|
0
|
0
|
0
|
248,968
|
|
Tammy's
Consulting
|
88,112
|
102,146
|
118,415
|
0
|
0
|
|
Tammy's
IRA
|
0
|
0
|
0
|
0
|
144,305
|
|
Soc
Security Inc Ma
|
0
|
0
|
0
|
0
|
56,839
|
|
Soc
Security Inc Ta
|
0
|
0
|
0
|
0
|
54,034
|
|
Interest+Dividends
|
133
|
162
|
197
|
240
|
640
|
|
|
238,917
|
276,978
|
321,103
|
240
|
504,787
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
58,741
|
68,097
|
78,943
|
91,517
|
191,616
|
|
|
58,741
|
68,097
|
78,943
|
91,517
|
191,616
|
|
Sale/Withdrawals
|
|
|
|
|
|
|
Excess
Cash Fund
|
0
|
0
|
0
|
124,750
|
0
|
|
529 Plans
|
0
|
65,000
|
0
|
0
|
0
|
|
|
0
|
65,000
|
0
|
124,750
|
0
|
|
|
|
|
|
|
|
|
Total Cash Inflow
|
297,658
|
410,075
|
400,046
|
216,507
|
696,403
|
|
|
|
|
|
|
|
|
Tot Cash Available
|
298,658
|
411,076
|
401,046
|
217,483
|
697,403
|
|
|
|
|
|
|
|
|
USES
OF CASH
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fully
Tax Deductible
|
|
|
|
|
|
|
Matt's
401k
|
22,601
|
26,200
|
30,373
|
0
|
0
|
|
Tammy's
SEP
|
13,217
|
15,322
|
17,762
|
0
|
0
|
|
Home
Mortgage
|
8,301
|
5,244
|
1,170
|
0
|
0
|
|
|
44,119
|
46,766
|
49,305
|
0
|
0
|
|
Partly
Deductible
|
|
|
|
|
|
|
Medicine
& Drugs
|
5,287
|
6,129
|
7,105
|
8,237
|
17,245
|
|
Charity
|
1,762
|
2,043
|
2,368
|
2,746
|
5,748
|
|
Tax &
Financial Fee
|
367
|
426
|
493
|
0
|
0
|
|
|
7,416
|
8,597
|
9,967
|
10,982
|
22,994
|
|
|
|
|
|
|
|
|
You may
include a footnote to be automatically included at the bottom of all of your
reports,.
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend Financial
|
|
|
|
|
|
|
Princeton, NJ 08540
|
|
|
|
|
|
|
05/18/07
|
C A
S H F L O W S T A T E M E N T (cont.)
|
|
Mathew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mathew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2020
|
2025
|
2030
|
2035
|
2060
|
|
Age:
|
50/49
|
55/54
|
60/59
|
65/64
|
89
|
|
Not
Tax Deductible
|
|
|
|
|
|
|
Jacob's
College Exp
|
0
|
65,000
|
0
|
0
|
0
|
|
Food
|
13,217
|
15,322
|
17,762
|
20,591
|
43,114
|
|
Clothing
|
7,049
|
8,172
|
9,473
|
10,982
|
22,994
|
|
Entertainment
|
8,811
|
10,215
|
11,842
|
13,728
|
28,742
|
|
Vacations
|
8,811
|
10,215
|
11,842
|
13,728
|
28,742
|
|
Gas
|
5,287
|
6,129
|
7,105
|
8,237
|
17,245
|
|
Future
Car Leases
|
8,855
|
10,265
|
11,901
|
13,796
|
28,886
|
|
Tammmy's
VUL
|
900
|
900
|
900
|
900
|
900
|
|
Repair/Maintenance
|
3,524
|
4,086
|
4,737
|
5,491
|
11,497
|
|
Household
Exp.
|
7,049
|
8,172
|
9,473
|
10,982
|
22,994
|
|
Utilities
|
10,573
|
12,258
|
14,210
|
16,473
|
34,491
|
|
|
74,077
|
150,732
|
99,244
|
114,907
|
239,606
|
|
Taxes
Paid
|
|
|
|
|
|
|
Fed Tax
Paid
|
65,207
|
83,308
|
104,603
|
28,559
|
181,406
|
|
State Tax
Paid
|
11,317
|
14,277
|
18,116
|
6,713
|
7,457
|
|
FICA/Soc
Sec Tax
|
11,526
|
13,362
|
15,490
|
0
|
0
|
|
Real
Estate Tax
|
22,795
|
27,733
|
33,742
|
41,052
|
109,439
|
|
|
110,845
|
138,680
|
171,951
|
76,325
|
298,301
|
|
Purchase/Deposits
|
|
|
|
|
|
|
Excess
Cash Fund
|
24,830
|
24,410
|
39,410
|
0
|
105,562
|
|
|
24,830
|
24,410
|
39,410
|
0
|
105,562
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
27,165
|
28,627
|
13,834
|
14,300
|
29,940
|
|
|
27,165
|
28,627
|
13,834
|
14,300
|
29,940
|
|
Liability
Liquidation
|
|
|
|
|
|
|
Home
Mortgage
|
9,206
|
12,263
|
16,337
|
0
|
0
|
|
|
9,206
|
12,263
|
16,337
|
0
|
0
|
|
|
|
|
|
|
|
|
Tot Cash Outflow
|
297,658
|
410,076
|
400,047
|
216,513
|
696,403
|
|
|
|
|
|
|
|
|
END OF
YEAR
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
970
|
1,000
|
|
You may include
a footnote to be automatically included at the bottom of all of your
reports,.
|
|
|
