Make your own free website on Tripod.com

These numbers are examples only (I am hoping my numbers look like this or better!) ….If you would like me to do this type of analysis for you I will give you the information that you need to send on a separate page.

 

The first Calculation is what am I going to owe on my home & credit line vs what am I going to sell it for plus what am I going to need for a new place to live.

 

625000

 

sell house

 

-185000

 

owe House

 

440000

 

 

 

-65000

 

owe equity line

 

375000

 

 

 

-192000

 

new place

 

183000

 

retirement funds

 

 

Second Calculation  is what do I think I will have in the 401k when I retire, I take the current balance, divide by the years invested, and times by the years left to come up with an approximate.

 

 

Current 401 K Bal

 

 

 

 

 

150000

 

 

 

 

 

years invested

 

15

 

10000

 

 

 

 

 

ave yearly increase

 

 

 

 

 

 

 

years til retire

 

9

 

90000

 

 

 

 

 

increase by retirement

 

240000

 

 

 

retirement funds

 

 

The third calculation can fluctuate as I have attached to my stock sheet, so I use the current value and dividend returns.

 

The next page shows how to spread your money out to get the most bang for your age.