Financial Plan for Brett Kuepper

November 20, 2018

Age 24

Net Income: $14,400/year (reference exhibit A Income Statement on page 2)

Net Worth: $13,050 (reference exhibit B Balance Sheet on page 3)

Monthly Savings: $1,200/month (reference exhibit A Income Statement on page 2)

Investor Profile: Aggressive (reference exhibit C Investor Profile Questionnaire on page 4)

Credit Score: 750

Tax Bracket: 25%

Emergency Savings: $10,000 Wells Fargo Savings Bank (reference exhibit D Savings Comparison on Page 5)

Life Insurance: $250,000 10 Year Term Policy Protective Insurance (reference exhibit E Life Insurance on Page
6)

Savings Goals:

#1 Buy Home:
Goal Amount: $12,000
Savings Start Date: January 1, 2016
Targeted End Date: May 1, 2019
Time: 3 years & 5 months
Monthly Investment: $293
Investment: Local Wells Fargo Bank Account
Anticipated Annual Return: .01% (savings account)

#2 Graduate College Debt Free

Goal Amount: $20,000
Start Date: May 2, 2019
End Date: May 1, 2024
Time: 60 months
Monthly Investment: $333
Investment: Ally Online Savings Account
Anticipated Rate of Return: 1.85% (savings account)

#3 Buy Mom’s Business:

Goal Amount: $300,000
Start Date: June 1, 2024
Targeted End Date: February 1, 2064
Time: 40 years
Monthly Investment: $625
Investment: Fidelity Freedom Index Fund 2045 (bond fund fidelity)
Anticipated Annual Return: 7.05%
Exhibit A

Income Statement
Brett Kuepper
8/30/2018

Income Monthly Annual

Employment 1,200.00 14,400.00 (16/hr)

Business - -
Rental - -
Scholarships 158.00 1,896.00
Total Income 1358 16296

Expense Monthly Annual

Rent 200.00 2,400.00
Phone/Insurance 100.00 1,200.00
Gas 120.00 1,440.00
Entertainment 80.00 960.00
Gym Pass 22.00 264.00
Movie Pass 10.00 120.00
Food 30.00 360.00
Tuition 150.00 1,800.00
Books 250.00 3,000.00
Music 5.00 60.00
Misc. 50.00 600.00
Total Expense 1017 12204

Net Income Monthly Annual

341 4092

2
Exhibit B
Balance Sheet
Brett Kuepper
10/30/2018

Assets
Cash 7,500.00
Sporting Equip 250.00
Phone 500.00
Home -
Business -
Furniture 300.00
Motorcycle -
Car 4,500.00
Guns 250.00
Total Assets 13,300.00

Liabilities
Mortgage -
Credit Card -
Car Loan -
Phone Note 250.00
Total Liabilities 250.00

Net Worth 13,050.00

3
 Exhibit C

Personal Finance
Investor Profile Questionnaire Score Card

Total Score:
8-10 Very Conservative
11-14 Conservative
15-17 Balanced
18-21 Aggressive
22-24 Very Aggressive

My score was18, which puts me in the aggressive invest slot.

4
 Exhibit D

Online Savings

Bank Interest Minimum Fees

Ally 1.85% none none
Marcus 1.85% $1 none
Citizens Access 2.00% $5,000 None

Online CDs

Bank 1 2 3 4 5
Ally 2.25% 2.5% 2.5% 2.5% 2.75%
Marcus 2.55% 2.6% 2.65% 2.7% 3.1%
Citizens Access 2.5% 2.75% 3% 3.05% 3.1%

Local Savings

Banks Interest Minimum Fees

Spectrum .45% $25 $25 a year
Key .01% $10 $4/mo. < $300 balance
Wells Fargo .01% $25 $5/mo. < $300 balance

Local CDs

Bank 1 2 3 4 5
Spectrum 2.3% 2.4% 2.5% 2.6% 2.8%
Key 1.75%-2% .10%-.3% 2.05%-2.3% 2.15%-2.4% 2.37%-2.61%
Wells Fargo 1.49% 2.13% 2.47% N/A 2.57%

5
 Exhibit E

Life Insurance Shopping

Insurance Co. 10 Year @ 20 Year @ 30 Year @ Universal Rating

$250,000 $250,000 $250,000
Protective 13.68 19.58 30.91 Protective 192.51
AIG 14.02 19.58 31.12 AIG 168.15
Legal&General 17.20 19.69 31.23 Prudential 149.40