Summer Hall is a 19-year-old Male who works as a Artist. They are currently Divorced and live at 7772 Kyle Roads, Shaunfurt, NM 37503 in India. They have 0 dependents: . Their financial goal is Save for Education with a target amount of $106630 to be achieved in 15 months. Currently, they earn $102004 per month and have an expenditure of $46289. They have $27728 in savings, $22278 in fixed deposits, $5111 in stocks, $22660 in mutual funds, and $14384 in other investments. Insurance: Home Insurance with a premium of $5383 and coverage of $213813. Debt: Yes, Amount: $12668, Type: Credit Card, Interest Rate: 17.353969664795894%. Loan Start Date: 2022-06-09, Loan End Date: 2032-08-29. No emergency fund.
Plan for Summer Hall:
1. Income: $102004 per month
2. Emergency Fund: $277734 (adequate for 6 months of expenses).
3. Savings: $27728
4. Debts: $12668 (Credit Card) with an interest rate of 17.353969664795894%.
5. Insurance: Home Insurance with coverage of $213813 and a monthly premium of $5383.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $5111
Future Value after 10 years: $12777.5
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $22660
Future Value after 10 years: $45320.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $22278
Future Value after 10 years: $33417.0
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $14384
Future Value after 10 years: $17260.8
Annual Interest Rate: 3.5%

7. Financial Goal: Save for Education with a target amount of $106630 to be achieved in 15 months.
8. Net Worth: $93962.0
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.