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FINANCIAL ASSUMPTIONS
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In preparing your financial plan, we used current account valuations,
applicable assumptions based on historical data, and your evaluations of your
future situation. Please keep in mind that these assumptions are subject to
change over time. It is important for you to monitor and evaluate your
assumptions periodically. Please refer to
Appendix A: Synopsis Report for a
list of the assumptions used in the development of your financial plan.
Based on the information describing your current financial situation, we have
prepared the following Net Worth statement as of your most recent valuation
date, December 31, 1998. Net Worth is the total amount left over after you
subtract your liabilities (what you owe) from your assets (what you own).
|
NET WORTH STATEMENT |
| |
James |
Joanne |
Combined |
| Lifestyle |
| Split-Level Bungalow |
61,200 |
61,200 |
122,400 |
| Subtotal |
61,200 |
61,200 |
122,400 |
|
Investments |
| Cottage Fund |
1,250 |
1,250 |
2,500 |
| Our Retirement Fund |
750 |
750 |
1,500 |
| ABC Company Stocks |
8,003 |
8,003 |
16,005 |
| Subtotal |
10,003 |
10,003 |
20,005 |
|
Registered |
| Mutual Fund |
|
15,291 |
15,291 |
| Mutual Funds |
25,636 |
|
25,636 |
| Subtotal |
25,636 |
15,291 |
40,927 |
| Total Net Worth |
96,839 |
86,493 |
183,332 |
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