|
|
|
CURRENT
BALANCE SHEET
|
|
Matthew
Retires at age 62
|
|
|
|
|
|
|
|
|
|
|
|
Matthew & Tammy
McCarthey
|
|
|
|
|
|
|
|
|
|
|
Sample Plan
|
|
|
2011
|
|
|
|
|
Age:
|
41/40
|
|
|
ASSETS
|
|
|
|
|
|
--:LIQUID:--
|
|
|
|
|
|
Cash Balance
|
|
|
1,000
|
|
|
CASH
DEPOSITS
|
|
|
|
|
|
Bank
Account
|
|
|
29,714
|
|
|
CDs
|
|
|
11,007
|
|
|
529
Plans
|
|
|
75,949
|
|
|
|
|
116,670
|
|
|
STOCKS
& BONDS
|
|
|
|
|
|
U S
Govt Bonds
|
|
|
5,000
|
|
|
Corporate
Bonds
|
|
|
12,000
|
|
|
Municipal
Bonds
|
|
|
13,500
|
|
|
IBM
Stock
|
|
|
3,850
|
|
|
S&P
500 Fund
|
|
|
28,550
|
|
|
|
|
62,900
|
|
|
LIFE
INSURANCE
|
|
|
|
|
|
Tammmy's
VUL
|
|
|
41,086
|
|
|
|
|
41,086
|
|
|
Liquid Assets
|
|
|
221,656
|
|
|
|
|
|
|
|
--:NON
LIQUID:--
|
|
|
|
|
|
RETIREMENT
PLANS
|
|
|
|
|
|
Matt's
IRA
|
|
|
26,540
|
|
|
Tammy's
IRA
|
|
|
16,987
|
|
|
Tammy's
Roth IRA
|
|
|
6,000
|
|
|
Matt's
401k
|
|
|
23,452
|
|
|
Tammy's
SEP
|
|
|
64,114
|
|
|
|
|
137,093
|
|
|
INVESTMENTS
|
|
|
|
|
|
BeachHouse
|
|
|
726,663
|
|
|
|
|
726,663
|
|
|
PERSONAL
PROPERTY
|
|
|
|
|
|
Residence
|
|
|
628,318
|
|
|
Other
Pers Assets
|
|
|
65,000
|
|
|
|
|
693,318
|
|
|
Nonliquid Assets
|
|
|
1,557,074
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
MORTGAGE
LOANS
|
|
|
|
|
|
Home
Mortgage
|
|
|
211,428
|
|
|
|
|
211,428
|
|
|
INVESTMENTS
|
|
|
|
|
|
BeachHouse
|
|
|
239,740
|
|
|
|
|
239,740
|
|
|
Total Liabilities
|
|
|
451,168
|
|
|
|
|
|
|
|
Net Worth
|
|
|
1,327,562
|
|
|
|
