|
|
|
|
B
A L A N C E S H E E T
|
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2011
|
2012
|
2013
|
2014
|
2015
|
|
Age:
|
41/40
|
42/41
|
43/42
|
44/43
|
45/44
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
30,308
|
30,914
|
31,532
|
32,163
|
32,806
|
|
CDs
|
11,365
|
11,734
|
12,115
|
12,509
|
12,916
|
|
529
Plans
|
79,746
|
83,733
|
87,920
|
92,316
|
96,932
|
|
121,419
|
126,381
|
131,567
|
136,988
|
142,654
|
|
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
|
36,767
|
74,333
|
112,110
|
145,473
|
181,036
|
|
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
|
|
101,585
|
141,184
|
181,116
|
216,763
|
254,748
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
42,729
|
44,438
|
46,216
|
48,064
|
49,987
|
|
42,729
|
44,438
|
46,216
|
48,064
|
49,987
|
|
|
|
|
|
|
|
Liquid Assets
|
266,733
|
313,003
|
359,898
|
402,815
|
448,390
|
|
|
|
|
|
|
|
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
|
9,434
|
11,855
|
12,566
|
13,320
|
14,119
|
|
Matt's
401k
|
46,252
|
70,537
|
93,750
|
118,479
|
145,350
|
|
Tammy's
SEP
|
78,385
|
93,825
|
110,514
|
128,536
|
147,981
|
|
180,209
|
225,123
|
268,670
|
315,286
|
365,698
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
748,463
|
770,917
|
794,045
|
817,866
|
842,402
|
|
748,463
|
770,917
|
794,045
|
817,866
|
842,402
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
647,168
|
666,583
|
686,580
|
707,177
|
728,393
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
712,168
|
731,583
|
751,580
|
772,177
|
793,393
|
|
|
|
|
|
|
|
Nonliquid Assets
|
1,640,840
|
1,727,623
|
1,814,295
|
1,905,329
|
2,001,493
|
|
|
|
|
|
|
|
Total Assets
|
1,907,573
|
2,040,626
|
2,174,193
|
2,308,144
|
2,449,883
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2011
|
2012
|
2013
|
2014
|
2015
|
|
Age:
|
41/40
|
42/41
|
43/42
|
44/43
|
45/44
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
205,934
|
200,116
|
193,955
|
187,430
|
180,520
|
|
205,934
|
200,116
|
193,955
|
187,430
|
180,520
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
235,527
|
231,098
|
226,442
|
221,549
|
216,405
|
|
235,527
|
231,098
|
226,442
|
221,549
|
216,405
|
|
|
|
|
|
|
|
Total Liabilities
|
441,461
|
431,214
|
420,397
|
408,979
|
396,925
|
|
|
|
|
|
|
|
Net Worth
|
1,466,112
|
1,609,412
|
1,753,796
|
1,899,165
|
2,052,958
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2016
|
2017
|
2018
|
2019
|
2020
|
|
Age:
|
46/45
|
47/46
|
48/47
|
49/48
|
50/49
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
33,462
|
34,131
|
34,814
|
35,510
|
36,220
|
|
CDs
|
13,336
|
13,769
|
14,216
|
14,678
|
15,155
|
|
529
Plans
|
101,779
|
106,868
|
112,211
|
117,822
|
123,713
|
|
148,577
|
154,768
|
161,241
|
168,010
|
175,088
|
|
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
|
219,876
|
261,248
|
305,610
|
352,725
|
402,961
|
|
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
|
|
296,156
|
340,250
|
387,498
|
437,674
|
491,154
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
51,986
|
54,066
|
56,229
|
58,478
|
60,817
|
|
51,986
|
54,066
|
56,229
|
58,478
|
60,817
|
|
|
|
|
|
|
|
Liquid Assets
|
497,720
|
550,084
|
605,968
|
665,161
|
728,059
|
|
|
|
|
|
|
|
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
|
14,966
|
15,864
|
16,816
|
17,825
|
18,894
|
|
Matt's
401k
|
173,965
|
204,963
|
237,960
|
273,611
|
311,550
|
|
Tammy's
SEP
|
168,945
|
191,529
|
215,842
|
241,998
|
270,120
|
|
419,619
|
477,804
|
539,993
|
606,971
|
678,513
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
867,674
|
893,704
|
920,516
|
948,131
|
976,575
|
|
867,674
|
893,704
|
920,516
|
948,131
|
976,575
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
750,245
|
772,752
|
795,934
|
819,813
|
844,407
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
815,245
|
837,752
|
860,934
|
884,813
|
909,407
|
|
|
|
|
|
|
|
Nonliquid Assets
|
2,102,538
|
2,209,260
|
2,321,443
|
2,439,915
|
2,564,495
|
|
|
|
|
|
|
|
Total Assets
|
2,600,258
|
2,759,344
|
2,927,411
|
3,105,076
|
3,292,554
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2016
|
2017
|
2018
|
2019
|
2020
|
|
Age:
|
46/45
|
47/46
|
48/47
|
49/48
|
50/49
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
173,202
|
165,452
|
157,244
|
148,552
|
139,346
|
|
173,202
|
165,452
|
157,244
|
148,552
|
139,346
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
210,998
|
205,314
|
199,339
|
193,059
|
186,457
|
|
210,998
|
205,314
|
199,339
|
193,059
|
186,457
|
|
|
|
|
|
|
|
Total Liabilities
|
384,200
|
370,766
|
356,583
|
341,611
|
325,803
|
|
|
|
|
|
|
|
Net Worth
|
2,216,058
|
2,388,578
|
2,570,828
|
2,763,465
|
2,966,751
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2021
|
2022
|
2023
|
2024
|
2025
|
|
Age:
|
51/50
|
52/51
|
53/52
|
54/53
|
55/54
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
36,944
|
37,683
|
38,437
|
39,206
|
39,990
|
|
CDs
|
15,648
|
16,157
|
16,682
|
17,224
|
17,784
|
|
529
Plans
|
129,899
|
136,394
|
143,214
|
109,375
|
73,844
|
|
182,491
|
190,234
|
198,333
|
165,805
|
131,618
|
|
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
|
455,861
|
512,246
|
572,246
|
635,870
|
703,512
|
|
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
|
|
547,494
|
607,527
|
671,395
|
739,120
|
811,112
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
63,249
|
65,779
|
68,411
|
71,147
|
73,993
|
|
63,249
|
65,779
|
68,411
|
71,147
|
73,993
|
|
|
|
|
|
|
|
Liquid Assets
|
794,234
|
864,541
|
939,138
|
977,072
|
1,017,723
|
|
|
|
|
|
|
|
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
|
20,028
|
21,230
|
22,504
|
23,854
|
25,285
|
|
Matt's
401k
|
352,448
|
395,957
|
442,238
|
491,994
|
544,907
|
|
Tammy's
SEP
|
300,337
|
332,787
|
367,617
|
404,983
|
445,050
|
|
755,439
|
837,558
|
925,198
|
1,019,240
|
1,119,555
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
1,005,872
|
1,036,048
|
1,067,130
|
1,099,144
|
1,132,118
|
|
1,005,872
|
1,036,048
|
1,067,130
|
1,099,144
|
1,132,118
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
869,739
|
895,831
|
922,706
|
950,387
|
978,899
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
934,739
|
960,831
|
987,706
|
1,015,387
|
1,043,899
|
|
|
|
|
|
|
|
Nonliquid Assets
|
2,696,050
|
2,834,437
|
2,980,034
|
3,133,771
|
3,295,572
|
|
|
|
|
|
|
|
Total Assets
|
3,490,284
|
3,698,978
|
3,919,172
|
4,110,843
|
4,313,295
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2021
|
2022
|
2023
|
2024
|
2025
|
|
Age:
|
51/50
|
52/51
|
53/52
|
54/53
|
55/54
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
129,597
|
119,272
|
108,338
|
96,758
|
84,495
|
|
129,597
|
119,272
|
108,338
|
96,758
|
84,495
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
179,518
|
172,223
|
164,556
|
156,496
|
148,023
|
|
179,518
|
172,223
|
164,556
|
156,496
|
148,023
|
|
|
|
|
|
|
|
Total Liabilities
|
309,115
|
291,495
|
272,894
|
253,254
|
232,518
|
|
|
|
|
|
|
|
Net Worth
|
3,181,169
|
3,407,483
|
3,646,278
|
3,857,589
|
4,080,777
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2026
|
2027
|
2028
|
2029
|
2030
|
|
Age:
|
56/55
|
57/56
|
58/57
|
59/58
|
60/59
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
1,000
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
40,790
|
41,606
|
42,438
|
43,287
|
44,153
|
|
CDs
|
18,362
|
18,959
|
19,575
|
20,211
|
20,868
|
|
529
Plans
|
36,536
|
0
|
0
|
0
|
0
|
|
95,688
|
60,565
|
62,013
|
63,498
|
65,021
|
|
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
|
775,160
|
847,954
|
926,466
|
1,009,582
|
1,097,852
|
|
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
|
|
887,372
|
965,057
|
1,048,756
|
1,137,373
|
1,231,477
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
76,953
|
80,031
|
83,232
|
86,561
|
90,024
|
|
76,953
|
80,031
|
83,232
|
86,561
|
90,024
|
|
|
|
|
|
|
|
Liquid Assets
|
1,061,012
|
1,106,653
|
1,195,001
|
1,288,432
|
1,387,522
|
|
|
|
|
|
|
|
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
|
26,802
|
28,410
|
30,115
|
31,922
|
33,837
|
|
Matt's
401k
|
601,702
|
662,087
|
726,812
|
796,145
|
869,837
|
|
Tammy's
SEP
|
487,994
|
534,002
|
583,272
|
636,016
|
692,457
|
|
1,227,070
|
1,341,705
|
1,464,438
|
1,595,776
|
1,735,726
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
1,166,082
|
1,201,064
|
1,237,096
|
1,274,209
|
1,312,435
|
|
1,166,082
|
1,201,064
|
1,237,096
|
1,274,209
|
1,312,435
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
1,008,266
|
1,038,514
|
1,069,669
|
1,101,759
|
1,134,812
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
1,073,266
|
1,103,514
|
1,134,669
|
1,166,759
|
1,199,812
|
|
|
|
|
|
|
|
Nonliquid Assets
|
3,466,418
|
3,646,283
|
3,836,203
|
4,036,744
|
4,247,973
|
|
|
|
|
|
|
|
Total Assets
|
4,527,430
|
4,752,936
|
5,031,204
|
5,325,176
|
5,635,495
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2026
|
2027
|
2028
|
2029
|
2030
|
|
Age:
|
56/55
|
57/56
|
58/57
|
59/58
|
60/59
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Mortgage
Loans
|
|
|
|
|
|
|
Home
Mortgage
|
71,508
|
57,753
|
43,187
|
27,761
|
11,424
|
|
71,508
|
57,753
|
43,187
|
27,761
|
11,424
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
139,118
|
129,756
|
119,916
|
109,572
|
98,699
|
|
139,118
|
129,756
|
119,916
|
109,572
|
98,699
|
|
|
|
|
|
|
|
Total Liabilities
|
210,626
|
187,509
|
163,103
|
137,333
|
110,123
|
|
|
|
|
|
|
|
Net Worth
|
4,316,804
|
4,565,427
|
4,868,101
|
5,187,843
|
5,525,372
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2031
|
2032
|
2033
|
2034
|
2035
|
|
Age:
|
61/60
|
62/61
|
63/62
|
64/63
|
65/64
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
1,000
|
952
|
962
|
950
|
991
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
45,036
|
45,937
|
46,856
|
47,793
|
48,749
|
|
CDs
|
21,546
|
22,246
|
22,969
|
23,715
|
24,486
|
|
66,582
|
68,183
|
69,825
|
71,508
|
73,235
|
|
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
|
1,197,441
|
1,190,831
|
1,117,271
|
1,033,241
|
938,564
|
|
IBM
Stock
|
8,773
|
9,124
|
9,489
|
9,869
|
10,263
|
|
S&P
500 Fund
|
100,540
|
106,751
|
113,346
|
120,349
|
127,784
|
|
1,337,254
|
1,337,206
|
1,270,606
|
1,193,958
|
1,107,111
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
93,625
|
97,370
|
101,264
|
105,315
|
109,528
|
|
93,625
|
97,370
|
101,264
|
105,315
|
109,528
|
|
|
|
|
|
|
|
Liquid Assets
|
1,498,460
|
1,503,711
|
1,442,657
|
1,371,731
|
1,290,865
|
|
|
|
|
|
|
|
NONLIQUID
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Retirement
Plans
|
|
|
|
|
|
|
Matt's
IRA
|
90,222
|
95,635
|
101,373
|
107,455
|
113,902
|
|
Tammy's
IRA
|
57,749
|
61,214
|
64,887
|
68,780
|
72,907
|
|
Tammy's
Roth IRA
|
35,867
|
40,139
|
42,547
|
45,100
|
47,806
|
|
Matt's
401k
|
948,686
|
1,005,607
|
1,065,943
|
1,129,900
|
1,197,694
|
|
Tammy's
SEP
|
752,832
|
817,395
|
866,439
|
918,425
|
973,531
|
|
1,885,356
|
2,019,990
|
2,141,189
|
2,269,660
|
2,405,840
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
1,351,808
|
1,392,362
|
1,434,133
|
1,477,157
|
1,521,472
|
|
1,351,808
|
1,392,362
|
1,434,133
|
1,477,157
|
1,521,472
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
1,168,857
|
1,203,922
|
1,240,040
|
1,277,241
|
1,315,558
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
1,233,857
|
1,268,922
|
1,305,040
|
1,342,241
|
1,380,558
|
|
|
|
|
|
|
|
Nonliquid Assets
|
4,471,021
|
4,681,274
|
4,880,362
|
5,089,058
|
5,307,870
|
|
|
|
|
|
|
|
Total Assets
|
5,969,481
|
6,184,985
|
6,323,019
|
6,460,789
|
6,598,735
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T (cont.)
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2031
|
2032
|
2033
|
2034
|
2035
|
|
Age:
|
61/60
|
62/61
|
63/62
|
64/63
|
65/64
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
87,270
|
75,256
|
62,627
|
49,353
|
35,399
|
|
87,270
|
75,256
|
62,627
|
49,353
|
35,399
|
|
|
|
|
|
|
|
Total Liabilities
|
87,270
|
75,256
|
62,627
|
49,353
|
35,399
|
|
|
|
|
|
|
|
Net Worth
|
5,882,211
|
6,109,729
|
6,260,392
|
6,411,436
|
6,563,336
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B
A L A N C E S H E E T
|
|
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
2040
|
2045
|
2050
|
2055
|
2060
|
|
Age:
|
70/69
|
75/74
|
80/79
|
85/84
|
89
|
|
LIQUID
ASSETS
|
|
|
|
|
|
|
Cash Balance
|
988
|
959
|
1,000
|
1,000
|
1,000
|
|
|
|
|
|
|
|
Cash
Deposits
|
|
|
|
|
|
|
Bank
Account
|
53,822
|
59,423
|
65,606
|
72,433
|
79,972
|
|
CDs
|
28,732
|
33,714
|
39,560
|
46,420
|
54,471
|
|
82,554
|
93,137
|
105,166
|
118,853
|
134,443
|
|
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
|
624,181
|
803,703
|
1,079,047
|
1,505,493
|
2,121,911
|
|
IBM
Stock
|
12,487
|
15,192
|
18,484
|
22,489
|
27,361
|
|
S&P
500 Fund
|
172,445
|
232,715
|
314,049
|
423,811
|
571,934
|
|
839,613
|
1,082,110
|
1,442,080
|
1,982,292
|
2,751,706
|
|
Life
Insurance
|
|
|
|
|
|
|
Tammmy's
VUL
|
133,257
|
162,128
|
197,253
|
239,989
|
291,983
|
|
133,257
|
162,128
|
197,253
|
239,989
|
291,983
|
|
|
|
|
|
|
|
Liquid Assets
|
1,056,412
|
1,338,334
|
1,745,499
|
2,342,134
|
3,179,131
|
|
|
|
|
|
|
|
NONLIQUID
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Retirement
Plans
|
|
|
|
|
|
|
Matt's
IRA
|
1,694,779
|
1,865,713
|
1,967,369
|
1,952,028
|
1,772,715
|
|
Tammy's
IRA
|
1,400,370
|
1,552,489
|
1,653,032
|
1,663,431
|
1,541,941
|
|
Tammy's
Roth IRA
|
63,974
|
85,612
|
114,569
|
153,319
|
205,175
|
|
3,159,123
|
3,503,814
|
3,734,970
|
3,768,778
|
3,519,831
|
|
Investments
|
|
|
|
|
|
|
BeachHouse
|
1,763,803
|
2,044,731
|
2,370,404
|
2,747,947
|
3,185,624
|
|
1,763,803
|
2,044,731
|
2,370,404
|
2,747,947
|
3,185,624
|
|
Personal
Property
|
|
|
|
|
|
|
Residence
|
1,525,093
|
1,768,000
|
2,049,597
|
2,376,045
|
2,754,487
|
|
Other
Pers Assets
|
65,000
|
65,000
|
65,000
|
65,000
|
65,000
|
|
1,590,093
|
1,833,000
|
2,114,597
|
2,441,045
|
2,819,487
|
|
|
|
|
|
|
|
Nonliquid Assets
|
6,513,019
|
7,381,545
|
8,219,971
|
8,957,770
|
9,524,942
|
|
|
|
|
|
|
|
Total Assets
|
7,569,431
|
8,719,879
|
9,965,470
|
11,299,904
|
12,704,073
|
|
|
|
|
|
|
|
Net Worth
|
7,569,431
|
8,719,879
|
9,965,470
|
11,299,904
|
12,704,073
|
|
