P-F - 3000 444.56 10,853.97 13 3000 651.24 14,505.21 14...

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Goals (1)Years until goal is achieved (2)Amount Required 1.Golf clinic 5 4000 2.Condo down payment 10 14000 3a.College year 1 14 8000 3b.College year 2 15 8000 3c.College Year 3 16 8000 3d.College year 4 17 8000 4.Funds in retirement account 40 50000 Total 100000
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(3)Inflation rate (4)Future Value of $1 Factor (5)Inflation Adjusted Amount 3% 1.16 4,637.10 3% 1.34 18,814.83 3% 1.51 12,100.72 3% 1.56 12,463.74 3% 1.60 12.837.65 3% 1.65 13,222.78 3% 3.26 163,101.89 3% 237,178.70
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(6)Future Value of $1 Annuity Factor (7)Required Annual Savings 5.64 822.60 13.18 1,427.44 21.02 575.81 23.28 535.48 25.67 500.05 28.21 468.68 154.76 1,053.89 5,383.96
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Year Deposit Interest Earned Withdrawals Ending Balance 1 2000 0.00 2,000.00 2 2000 120.00 4,120.00 3 2000 247.20 6,367.20 4 2000 382.03 8,749.23 5 2000 524.95 4,637.10 6,637.09 6 2500 398.23 9,535.31 7 2500 572.12 12,607.43 8 2500 756.45 15,863.88 9 2500 951.83 19,315.71 10 2500 1,158.94 18,814.83 4,159.82 11 3000 249.59 7,409.41 12
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Unformatted text preview: 3000 444.56 10,853.97 13 3000 651.24 14,505.21 14 3000 870.31 12,100.72 6,274.81 15 3000 376.49 12,463.74-2,812.45 16 3500 0.00 12.837.65-12,150.10 17 3500 0.00 13,222.78-21,872.88 18 3500 0.00-18,372.88 19 3500 0.00-14,872.88 20 3500 0.00-11,372.88 21 4000 0.00-7,372.88 22 4000 0.00-3,372.88 23 4000 0.00 627.12 24 4000 37.63 4,664.75 25 4000 279.88 8,944.63 26 4500 536.68 13,981.31 27 4500 838.88 19,320.19 28 4500 1,159.21 24,979.40 29 4500 1,498.76 30,978.16 30 4500 1,858.69 37,336.85 31 5000 2,240.21 44,577.06 32 5000 2,674.62 52,251.69 33 5000 3,135.10 60,386.79 34 5000 3,623.21 69,010.00 35 5000 4,140.60 78,150.60 36 5500 4,689.04 88,339.63 37 5500 5,300.38 99,140.01 38 5500 5,948.40 110,588.41 39 5500 6,635.30 122,723.72 40 5500 7,363.42 163,101.89-27,514.75...
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P-F - 3000 444.56 10,853.97 13 3000 651.24 14,505.21 14...

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