James Abbott is a 64-year-old Male who works as a Engineer. They are currently Single and live at 638 Taylor Mountain, Port Jonborough, CT 63552 in USA. They have 0 dependents: . Their financial goal is Retirement with a target amount of $115939 to be achieved in 17 months. Currently, they earn $62406 per month and have an expenditure of $13182. They have $37549 in savings, $22008 in fixed deposits, $40830 in stocks, $22023 in mutual funds, and $18724 in other investments. No insurance. No debt. Emergency Fund: Yes, Amount: $7464.
Plan for James Abbott:
1. Income: $62406 per month
2. Emergency Fund: $7464 (adequate for 6 months of expenses).
3. Savings: $37549
4. Debts: $0 () with an interest rate of 0.0%.
5. Insurance:  with coverage of $0 and a monthly premium of $0.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $40830
Future Value after 10 years: $102075.0
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $22023
Future Value after 10 years: $44046.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $22008
Future Value after 10 years: $33012.0
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $18724
Future Value after 10 years: $22468.8
Annual Interest Rate: 3.5%

7. Financial Goal: Retirement with a target amount of $115939 to be achieved in 17 months.
8. Net Worth: $115939.0
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.