Resumen de un informe acerca de la planificación financiera para Jackelin Caban y Robert Caban

Portafolio managment

Investment Plan

Jackelin Caban

Executive Summary

The following is an executive summary of an extensive report on the financial planning for Jackelin Caban and Robert Caban in an effort to aid you in learning, understanding, and formulating a personal basis for decision making, this “Personal Financial Plan” is made to help enhance my knowledge of various topics and communicate some of the intricacies of the financial world. The plan represents a framework to clarify and structure my financial matters.

While illustrations within this plan can be a valuable aid in the examination of my finances, it does not represent the culmination of my planning efforts. Financial planning is an ongoing process. This hypothetical illustration of mathematical principles is custom made to model some potential situations and transitions that I may face in my financial future. Hypothetical assumptions used in this illustration are specifically chosen to communicate and demonstrate my current financial position and highlight for discussion with my advisor the complex future interacting effects of combined incomes, expenses, savings, asset growth, taxes, retirement benefits, and insurance.

Personal Details

Mr. Roberto Caban

Client Address 10750 NW 48 Ln.

Town: Doral

County: Dade

Residential Status: Homeowner

House: Value $375,000

Mortgage Balance 146,432

Contact Telephone: 305-468-0196

E-Mail: rcaban@hotmail.com

Gender Male

Marital Status: Married

Date of Birth 06/05/1951

Place of Birth Aguadilla – Puerto Rico

Job Title Chain Manager

Employer: Gold Coast Beverage

US Resident: Yes

Client Health Good

Partner Health Good

Dependent

Full Name Relationship: Bradley Caban

Date of Birth: 02/18/2005

Pre-Requisites for Investment

Readily Realisable Assets

This plan is based on your invested assets such as Pensions, Investments and Cash.

Other Assets can be drawn upon to provide loan security if there are periods of borrowing required in order to meet with your objectives, or indeed you may choose to withdraw Equity from your property in retirement, however they are not specifically included within the cash flow projections in this plan.

As with all aspects of the plan, the assumptions should be reviewed form time to time, we advise that you plan is updated at least every 12 months and is also reviewed each time your circumstances change.

Your Current Situation:

You have assets of approximately $433,000.

You have liabilities of approximately $140,000.

Your net worth is approximately $293,000.

Your Goals:

Robert wants to retire at age 64 and Jackelin wants to retire at age 64.

You now have $183,000 in working assets and are adding $16,000 per year.

To meet your education goals you need to save $11,252 annually ($938 monthly).

You will need the income until the last life expectancy of age 90.

Monthly after-tax income needed at that time is $4,792 (in today's dollars

Analysis Details:

Asset Allocation: Type of Investor - Somewhat

Aggressive

Long-term care assets at risk: $781,738

Net Estimated Life Insurance Needs Shortage for Robert: $338,000

Net Estimated Life Insurance Needs Shortage for Jackelin: $2,000

Robert and Jackelin do not have Wills.

Robert and Jackelin both have Durable Powers of Attorney.

Robert and Jackelin do not have Living Wills.

Robert and Jackelin both have Health Care Powers of Attorney.

Retirement Analysis

Using the information you provided, calculations have been made to estimate whether your current retirement program will meet your stated retirement goals. The analysis begins now and extends through life expectancy. It includes tax advantaged, taxable investments, defined benefit pensions, if applicable, and Social Security benefits. The analysis calculates growth and depletion of capital assets over time. This analysis is the basis for the following summarized statement.

Actions:

It appears you may run out of money before the last life expectancy of age 90. The range of possible options you might consider to improve your situation include the following:

Increase the rate of return on your investments.

Increase your annual savings by $2,200/year ($183 month).

Reduce your retirement spending needs by $3,100 to $54,400/year ($4,531/month).

Defer your retirement by about 1 year.

Combine any of the above and

...