ANIL MITRA - PERSONAL FINANCES 2007 Macro version       Home
   
    INCOME - $ US   Basis: Per Year  
     
  Retire     9,600   8,088   8,088   8,088   8,088  
  Social Security     0   0   0   0   0  
  Medicare   0   0   0   0   0  
  Cash out PERS: 5% interest on  34,000   1,700   1,700   1,700   1,700   1,700  
               
    PLACEMENT / ACTION SCENARIOS  
 
  1. Experiments in the Transformation of Being / Enjoyment: a Year in Nature  
  2. Journey in Beingä      
  3. Horizons Enterprisesä - a phase of the journey  
  4. Technical Work - engineering / computation / science and mathematics / computation / teaching  
  5. Healthcare Placement  
 
    FINANCIAL NEEDS   Scenario # -- 1   2   3   4   5  
                     
  Insurance: medical   6,000   6,000   6,000   6,000   6,000  
  Insurance: vehicle   600   1,200   1,200   1,200   900  
  Storage   600   600   600   600   600  
  Rent   0   14,400   14,400   14,400   9,600  
  Expenses: food, clothing, supplies, gas and vehicle maintenance 3,000   7,200   7,200   7,200   4,800  
                   
  Vehicle [one time]   6,000   6,000   6,000   6,000   6,000  
  Debt [one time]   4,000   4,000   4,000   4,000   4,000  
  Total [per year]   10,200   29,400   29,400   29,400   21,900  
  Total [first year with vehicle purchase, pay debt] 20,200   39,400   39,400   39,400   31,900  
                     
     
    ADDITIONAL INCOME NEEDED - grant, loan, gift, work…  
   
                     
    To retire [year]     600   21,312   21,312   21,312   13,812  
    To retire [first year with purchase vehicle, pay debt] 10,600   31,312   31,312   31,312   23,812  
                       
    To cash out PERS [year]     8,500   27,700   27,700   27,700   20,200  
    To cash out PERS [first year with purchase vehicle, pay debt] 18,500   37,700   37,700   37,700   30,200