Robert Spencer is a 23-year-old Female who works as a Artist. They are currently Single and live at 9920 Michael Glen Apt. 772, Michaelport, IN 80857 in UK. They have 0 dependents: . Their financial goal is Travel with a target amount of $181267 to be achieved in 59 months. Currently, they earn $59099 per month and have an expenditure of $29324. They have $42283 in savings, $25697 in fixed deposits, $33909 in stocks, $4241 in mutual funds, and $17388 in other investments. No insurance. Debt: Yes, Amount: $3420, Type: Credit Card, Interest Rate: 17.0016461385713%. Loan Start Date: 2021-06-21, Loan End Date: 2027-06-28. No emergency fund.
Plan for Robert Spencer:
1. Income: $59099 per month
2. Emergency Fund: $175944 (adequate for 6 months of expenses).
3. Savings: $42283
4. Debts: $3420 (Credit Card) with an interest rate of 17.0016461385713%.
5. Insurance:  with coverage of $0 and a monthly premium of $0.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $33909
Future Value after 10 years: $84772.5
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $4241
Future Value after 10 years: $8482.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $25697
Future Value after 10 years: $38545.5
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $17388
Future Value after 10 years: $20865.6
Annual Interest Rate: 3.5%

7. Financial Goal: Travel with a target amount of $181267 to be achieved in 59 months.
8. Net Worth: $177847.0
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.