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C
A P I T A L N E E D S A N A L Y S I S
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Matthew
Retires at age 62
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Matthew & Tammy
McCarthey
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CAPITAL
NEEDS
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Funds
Needed in Next 50 years
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Mortgage
Payments
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361,811
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Household
Costs
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4,125,869
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Medical
Expenses
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443,722
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Food
Clothing Transportation
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3,607,050
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Other
Living Expenses
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787,537
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Children's
Education
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160,000
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Nonliquid
Assets Purchased
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1,210,554
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Retirement
Plan Contributions
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638,315
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Income
Taxes Paid
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4,185,542
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Other
Needs
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157,312
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Total
Funds Needed
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15,677,712
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Funds
Available in Next 50 years
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Personal
Service Income
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5,521,360
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Liquid
Capital Int & Divs
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392,628
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Other
Investment Income
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3,327,917
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Social
Security Benefits
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2,275,249
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Total
Funds Available
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11,517,154
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Capital
Needs Exceeding Available Funds
4,160,558
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INVESTMENT
NEEDS
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Desired
Capital Reserve
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0
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Capital
Reserve Available
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Investment
Beg Balance
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180,570
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Investment
Growth
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2,861,653
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Client's
IRA Beg Balance
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26,540
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Client's
IRA Growth
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3,993,224
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Spouse's
IRA Beg Balance
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22,987
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Spouse's
IRA Growth
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3,482,563
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Total
Investment Capital Available
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10,567,537
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Excess
Investment Capital Available
10,567,537
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EXCESS
FUNDS AVAILABLE
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6,406,979
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=========
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You have adequate sources of capital to meet your needs.
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