Riley James is a 52-year-old Male who works as a Artist. They are currently Married and live at 9396 Peter Mountain, Port Garyfort, MH 26855 in Canada. They have 4 dependents: Tracy (Age: 23, Gender: Male), Mary (Age: 24, Gender: Male), Michael (Age: 30, Gender: Female), Diana (Age: 14, Gender: Female). Their financial goal is Retirement with a target amount of $126321 to be achieved in 42 months. Currently, they earn $85735 per month and have an expenditure of $31122. They have $41150 in savings, $1365 in fixed deposits, $44435 in stocks, $24691 in mutual funds, and $16716 in other investments. Insurance: Health Insurance with a premium of $5140 and coverage of $127183. No debt. No emergency fund.
Plan for Riley James:
1. Income: $85735 per month
2. Emergency Fund: $186732 (adequate for 6 months of expenses).
3. Savings: $41150
4. Debts: $0 () with an interest rate of 0.0%.
5. Insurance: Health Insurance with coverage of $127183 and a monthly premium of $5140.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $44435
Future Value after 10 years: $111087.5
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $24691
Future Value after 10 years: $49382.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $1365
Future Value after 10 years: $2047.5
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $16716
Future Value after 10 years: $20059.2
Annual Interest Rate: 3.5%

7. Financial Goal: Retirement with a target amount of $126321 to be achieved in 42 months.
8. Net Worth: $126321.0
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.