Your Personal Cash Flow

Harry and Francis Smith
Cash Flow Statement
1995 Alternative Scenarios
Current Disability Death Retirement
Cash Inflows
Business Income $50,000 $0 $0 $0
Business Expenses 15,000 0 0 0
Salary 100,000 0 0 0
Dividends 500 500 500 0
Interest 6,000 6,000 6,000 0
Other 0 0 0 0
Total 171,500 6,500 6,500 0
Less
Federal Taxes 50,000 0 40,000 40,000
FICA Taxes 9,600 0 0 0
State Taxes 5,000 0 10,000 10,000
Other Taxes
Total Net Cash Inflows 106,900 6,500 (43,500) (50,000)
Cash Outflows
Mortgage Payment 20,000 20,000 0 0
Taxes and Insurance 7,000 7,000 7,000 7,000
Living Expenses 50,000 50,000 50,000 50,000
Insurance - Health 0 0 0 0
Insurance - Liability 0 0 0 0
Insurance - Life 2,000 2,000 0 0
Insurance - Disability 3,000 0 0 0
Contributions 5,000 5,000 5,000 5,000
Increased Travel, etc. 0 0 0 10,000
Total Cash Outflows 87,000 84,000 62,000 72,000
Available for Investments 19,900 (77,500) (105,500) (122,000)
After Tax Retirement Contributions 2,000 0 0 0
Mortgage Payoff 2,500
Education Needs Funding 5,000 0 0 0
Excess (Deficiency) $10,400 ($77,500) ($105,500) ($122,000)

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