Jeffrey Carr is a 57-year-old Male who works as a Artist. They are currently Married and live at 93219 Young Village Apt. 247, Moranchester, MD 50382 in Canada. They have 1 dependents: Matthew (Age: 8, Gender: Female). Their financial goal is Save for Education with a target amount of $139810 to be achieved in 40 months. Currently, they earn $61248 per month and have an expenditure of $45589. They have $36239 in savings, $3979 in fixed deposits, $44420 in stocks, $238 in mutual funds, and $18825 in other investments. Insurance: Health Insurance with a premium of $4322 and coverage of $367476. Debt: Yes, Amount: $7720, Type: Credit Card, Interest Rate: 23.55465873725251%. Loan Start Date: 2018-03-30, Loan End Date: 2032-02-08. No emergency fund.
Plan for Jeffrey Carr:
1. Income: $61248 per month
2. Emergency Fund: $273534 (adequate for 6 months of expenses).
3. Savings: $36239
4. Debts: $7720 (Credit Card) with an interest rate of 23.55465873725251%.
5. Insurance: Health Insurance with coverage of $367476 and a monthly premium of $4322.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $44420
Future Value after 10 years: $111050.0
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $238
Future Value after 10 years: $476.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $3979
Future Value after 10 years: $5968.5
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $18825
Future Value after 10 years: $22590.0
Annual Interest Rate: 3.5%

7. Financial Goal: Save for Education with a target amount of $139810 to be achieved in 40 months.
8. Net Worth: $132090.0
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.