Financial Plan for Peter Nguyen

April 10,2018

Age: 20
Net Income: $6,860.00/year (reference on exhibit A Income Statements on page 3)
Net Worth: $32,350 (reference exhibit B Balance Sheet on page 4)
Monthly Savings: $200/month (reference exhibit A Income Statement on page 3)
Investor Profile: Growth (reference exhibit C Investor Profile Questionnaire on page 5)
Credit Score:
Tax Bracket: 10%
Emergency Savings: $200 (referenced on exhibit A Income Statements page 2)
Life Insurance: T Rowe Price Blue Chip Growth Fund (TRBCX) and Fidelity Puritan Fund (FPURX)
(reference on exhibit C page7)

Savings Goals:

#1 Down payment for rental home:

Goal Amount $10,000
Savings Start Date: September 1, 2018
Targeted End Date: September 1, 2020
Time 2 years
Monthly Investment: $420
Investment: Have a name under a rental home
Anticipated Annual Return 8%
#2 Buy a Car:
Goal Amount $5,000
Savings Start Date: April 10, 2018
Targeted End Date: April 10, 2020
Time 2 years
Monthly Investment $208.00
Investment Brand new Car
Anticipated Annual Return 8%
#3 Vacation to New York City:
Goal Amount 5,000
Savings Start Date: June 1, 2018
Targeted End Date: June 1, 2024
Time 6 years
Monthly Investment $69.00
Investment to travel New York City
Anticipated Annual Return 8%