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.
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625000
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sell house
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-185000
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owe House
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440000
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-65000
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owe equity line
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375000
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-192000
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new place
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183000
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retirement funds
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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.
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Current 401 K Bal
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150000
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years invested
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15
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10000
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ave yearly increase
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years til retire
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9
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90000
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increase by retirement
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240000
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retirement funds
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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.