Kelly Joseph is a 42-year-old Male who works as a Artist. They are currently Divorced and live at PSC 2039, Box 2889, APO AA 28228 in USA. They have 1 dependents: Michael (Age: 20, Gender: Female). Their financial goal is Travel with a target amount of $196129 to be achieved in 46 months. Currently, they earn $95681 per month and have an expenditure of $21522. They have $46540 in savings, $20830 in fixed deposits, $10208 in stocks, $11135 in mutual funds, and $15066 in other investments. Insurance: Health Insurance with a premium of $2665 and coverage of $469744. Debt: Yes, Amount: $13654, Type: Mortgage, Interest Rate: 5.72259519675202%. Loan Start Date: 2023-07-26, Loan End Date: 2029-05-08. Emergency Fund: Yes, Amount: $3408.
Plan for Kelly Joseph:
1. Income: $95681 per month
2. Emergency Fund: $3408 (adequate for 6 months of expenses).
3. Savings: $46540
4. Debts: $13654 (Mortgage) with an interest rate of 5.72259519675202%.
5. Insurance: Health Insurance with coverage of $469744 and a monthly premium of $2665.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $10208
Future Value after 10 years: $25520.0
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $11135
Future Value after 10 years: $22270.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $20830
Future Value after 10 years: $31245.0
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $15066
Future Value after 10 years: $18079.2
Annual Interest Rate: 3.5%

7. Financial Goal: Travel with a target amount of $196129 to be achieved in 46 months.
8. Net Worth: $182475.0
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.