read the pdf first then use excel to fill information
assumptions to use :
will graduate college in 1 year
current age: 23
profession: Petroleum engineer
assuming 3 kids
marriage
(add more if necessary)
pers. fin. statement
starting salary: 65K can increase up to 180K after 20 years
spouse salary:55K can increase up to 120K after 15 years
bonus: 15% annualy
retirement funds from other investments: 30K annually
rent:1750$
health care= 0
travel: 5000$ a year.
student loan = 0
mortgage amortization:
make up numbers
car amortization:
make up numbers
student loan:
leave it as 0
—————————————-
you will need to create equations, fix equations to calculate stuff. the main goal is to retire at the age of 55 and have enough to live until 95 years old
