Phase 2 $ 67,491.

84 saved
Phase 3 $ 132,480.00 saved
Phase 4 $ 240,000.00 saved
Super for phase 5 to spend $ 439,971.84
Money I can spend each year $ 31,426.56 per annum
Based on average female
life expectancy (AIHW,
2013)
Income
rental price $ 62,400.00 per annum (realestate,2014)
Costs
Land Lords Insurance $ 1,500.00 per annum
Maintance and repairs $ 5,000.00 per annum
Total $ 6,500.00 per annum
Total profit p.a of investment proporty $ 55,900.00 per annum
Mid-cover private $ 3,302.00 per annum (AHM,2014)
costs for medication etc. $ 150.00 per annum
Total $ 3,452.00
Fuel and Power $ 1,352.00 per annum (Money Smart, 2014)
Food and drink $ 10,764.00 per annum (Money Smart, 2014)
clothing and footwear $ 2,704.00 per annum (Money Smart, 2014)
Total costs $ 14,820.00 per annum
Home and Contents Insurance $ 800.00 per annum
Repairs and Maintance $ 500.00 per annum
Total $ 1,300.00 per annum
Total profits $ 55,900.00 per annum
Total costs (food etc.,Home, Health etc $ 26,072.00 per annum
Hoidays and recreational $ 20,000.00 per annum
Membership $ 100.00 per annum
Super money $ 31,426.56 per annum
Amount left over $ 41,154.56 per annum
Amount in account end of phase 4 $ 2,786,690.00 lifetime
Total amount saved at the end 1st year of
phase 5 $ 2,827,844.56
1st year of
p.5
Savings
Phase 5 - Retirement Budget
Home
Investment property
Superanuation
Living costs for a couple
Health Insurance
Costs