Kelly Mitchell is a 26-year-old Female who works as a Engineer. They are currently Single and live at 416 Francis Junctions Apt. 571, New Michael, MH 05719 in USA. They have 0 dependents: . Their financial goal is Retirement with a target amount of $128189 to be achieved in 30 months. Currently, they earn $101857 per month and have an expenditure of $19429. They have $21620 in savings, $24202 in fixed deposits, $4867 in stocks, $12318 in mutual funds, and $9982 in other investments. Insurance: Auto Insurance with a premium of $5942 and coverage of $60774. Debt: Yes, Amount: $9410, Type: Credit Card, Interest Rate: 15.666021347416908%. Loan Start Date: 2022-09-12, Loan End Date: 2029-10-24. No emergency fund.
Plan for Kelly Mitchell:
1. Income: $101857 per month
2. Emergency Fund: $116574 (adequate for 6 months of expenses).
3. Savings: $21620
4. Debts: $9410 (Credit Card) with an interest rate of 15.666021347416908%.
5. Insurance: Auto Insurance with coverage of $60774 and a monthly premium of $5942.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $4867
Future Value after 10 years: $12167.5
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $12318
Future Value after 10 years: $24636.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $24202
Future Value after 10 years: $36303.0
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $9982
Future Value after 10 years: $11978.4
Annual Interest Rate: 3.5%

7. Financial Goal: Retirement with a target amount of $128189 to be achieved in 30 months.
8. Net Worth: $118779.0
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.