Russell Evans is a 36-year-old Male who works as a Artist. They are currently Divorced and live at 88606 Brooke Isle Suite 603, Lake Benjaminshire, OR 15649 in USA. They have 2 dependents: Terri (Age: 23, Gender: Male), Stacey (Age: 5, Gender: Female). Their financial goal is Retirement with a target amount of $142307 to be achieved in 27 months. Currently, they earn $52701 per month and have an expenditure of $42643. They have $32449 in savings, $2307 in fixed deposits, $13408 in stocks, $3445 in mutual funds, and $11265 in other investments. No insurance. Debt: Yes, Amount: $19526, Type: Credit Card, Interest Rate: 24.125538373549915%. Loan Start Date: 2024-05-01, Loan End Date: 2033-05-05. No emergency fund.
Plan for Russell Evans:
1. Income: $52701 per month
2. Emergency Fund: $255858 (adequate for 6 months of expenses).
3. Savings: $32449
4. Debts: $19526 (Credit Card) with an interest rate of 24.125538373549915%.
5. Insurance:  with coverage of $0 and a monthly premium of $0.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $13408
Future Value after 10 years: $33520.0
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $3445
Future Value after 10 years: $6890.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $2307
Future Value after 10 years: $3460.5
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $11265
Future Value after 10 years: $13518.0
Annual Interest Rate: 3.5%

7. Financial Goal: Retirement with a target amount of $142307 to be achieved in 27 months.
8. Net Worth: $122781.0
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.