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In order to achieve financial independence for your retirement in 2032, you
must
maintain a solid financial position. This is achieved if your projection
shows no deficits.
At the end of 2060, you will be in a sound financial position. You will not
have a deficit,
and your assets available for liquidation will be worth $2,471,798, which
will
be available as an emergency reserve.
This analysis of your capital needs is based on the following
assumptions:
Mathew will retire in 2032 at the age of 62. Mathew will
continue to live for another 28 years, until reaching an age
of 90 in 2060.
Tammy will retire in 2033 at the age of 62. Tammy will
continue to live for another 28 years, until reaching an age
of 90 in 2061.
Inflation will average 3% over the course of the plan.
Your projected investments will appreciate at an average rate of 5.40%.
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