Casey Wilson MD is a 59-year-old Male who works as a Artist. They are currently Single and live at 0003 Young Passage, South Williamtown, IN 46304 in UK. They have 1 dependents: Bobby (Age: 5, Gender: Male). Their financial goal is Save for Education with a target amount of $54377 to be achieved in 29 months. Currently, they earn $52022 per month and have an expenditure of $27958. They have $40521 in savings, $11215 in fixed deposits, $23563 in stocks, $29137 in mutual funds, and $4291 in other investments. Insurance: Life Insurance with a premium of $1060 and coverage of $138424. No debt. No emergency fund.
Plan for Casey Wilson MD:
1. Income: $52022 per month
2. Emergency Fund: $167748 (adequate for 6 months of expenses).
3. Savings: $40521
4. Debts: $0 () with an interest rate of 0.0%.
5. Insurance: Life Insurance with coverage of $138424 and a monthly premium of $1060.
6. Investments:
Investment Type: Stocks
Monthly Contribution: $23563
Future Value after 10 years: $58907.5
Annual Interest Rate: 20.0%

Investment Type: Mutual Funds
Monthly Contribution: $29137
Future Value after 10 years: $58274.0
Annual Interest Rate: 15.0%

Investment Type: Fixed Deposit
Monthly Contribution: $11215
Future Value after 10 years: $16822.5
Annual Interest Rate: 7.0%

Investment Type: Bonds
Monthly Contribution: $4291
Future Value after 10 years: $5149.2
Annual Interest Rate: 3.5%

7. Financial Goal: Save for Education with a target amount of $54377 to be achieved in 29 months.
8. Net Worth: $54377.0
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.