William Harper is a 50-year-old Male who works as a Artist. They are currently Single and live at 106 Rodgers Haven, Meganton, FM 97707 in USA. They have 0 dependents: . Their financial goal is Retirement with a target amount of $115897 to be achieved in 14 months. Currently, they earn $44356 per month and have an expenditure of $14021. They have $49449 in savings, $17927 in fixed deposits, $13156 in stocks, $23078 in mutual funds, and $3500 in other investments. Insurance: Home Insurance with a premium of $5848 and coverage of $61357. Debt: Yes, Amount: $4590, Type: Personal Loan, Interest Rate: 12.58992981418685%. Loan Start Date: 2017-08-19, Loan End Date: 2026-08-05. Emergency Fund: Yes, Amount: $11517.
Plan for William Harper:
1. Income: $44356 per month
2. Emergency Fund: $11517 (adequate for 6 months of expenses).
3. Savings: $49449
4. Debts: $4590 (Personal Loan) with an interest rate of 12.58992981418685%.
5. Insurance: Home Insurance with coverage of $61357 and a monthly premium of $5848.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $13156
Future Value after 10 years: $32890.0
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $23078
Future Value after 10 years: $46156.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $17927
Future Value after 10 years: $26890.5
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $3500
Future Value after 10 years: $4200.0
Annual Interest Rate: 3.5%

7. Financial Goal: Retirement with a target amount of $115897 to be achieved in 14 months.
8. Net Worth: $111307.0
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.