Melissa Johns is a 59-year-old Female who works as a Teacher. They are currently Divorced and live at 0968 Wagner Expressway Suite 430, West Dana, AR 05957 in Canada. They have 0 dependents: . Their financial goal is Travel with a target amount of $158230 to be achieved in 13 months. Currently, they earn $58532 per month and have an expenditure of $29916. They have $42244 in savings, $3018 in fixed deposits, $17433 in stocks, $11941 in mutual funds, and $2701 in other investments. Insurance: Health Insurance with a premium of $9183 and coverage of $457090. No debt. No emergency fund.
Plan for Melissa Johns:
1. Income: $58532 per month
2. Emergency Fund: $179496 (adequate for 6 months of expenses).
3. Savings: $42244
4. Debts: $0 () with an interest rate of 0.0%.
5. Insurance: Health Insurance with coverage of $457090 and a monthly premium of $9183.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $17433
Future Value after 10 years: $43582.5
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $11941
Future Value after 10 years: $23882.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $3018
Future Value after 10 years: $4527.0
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $2701
Future Value after 10 years: $3241.2
Annual Interest Rate: 3.5%

7. Financial Goal: Travel with a target amount of $158230 to be achieved in 13 months.
8. Net Worth: $158230.0
9. Recommendations:
   - Increase monthly contributions to meet the financial goal.
   - Consider reallocating investments to achieve better returns based on your risk profile.
   - Ensure adequate emergency fund and insurance coverage.