Page 73 - Mumme Booklet

DRAFT

DOUG AND MARIE MUMME

SURVIVOR INCOME OBJECTIVES AT MARIE'S DEATH

ON DEC 31, 2021

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Su r v i v o r I n c o me - Ma r i e
CLIENT INFORMATION
Doug
Age at End of Year 54
Retirement Age/Year 65 / 2032
Assumed Death at Age/Year 88 / 2055

IMMEDIATE CASH NEEDS AT DEATH

Amount
(in today's Amount
Description dollars) (Dec 31 2021)
Auto Loans $40,000 $40,000
PDQ Real Estate $86,000 $86,000
ASAP Consultant $128,000 $128,000
ADA - Debt to Skip $154,321 $154,321
(2018)
Home Mortgage $322,000 $322,000
PDQ - Debt to Skip $2,598,500 $2,598,500
(2018)

Total $3,328,821 $3,328,821

INCOME NEEDS AFTER DEATH

Annual
Amount Annual Annualized
(in today's Increase Amount at
Description Individual Applicable dollars) Rate Survivorship
Income Need Doug Jan 1 2022 to Dec 31 2055 $250,000 3.0% $257,500

Savings to Doug Doug Jan 1 2022 to Dec 31 2031 10.00% of N/A N/A
John Hancock Salary
401k
Savings to Doug Doug Jan 1 2022 to Dec 31 2031 5.00% of N/A N/A
John Hancock Salary
Roth 401k

University Of Chandler Jan 1 2022 to Dec 31 2025 $22,636 7.0% $24,221
Texas - College
Education

Annual Income Needed $281,721

The amounts and dates above are based on information provided by you. Annual increase rates used are
hypothetical rates at which you are assuming an amount will grow over time due to inflation or other reasons.

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This plan is not complete without the Assumptions and Disclosures pages appearing at the end.
3170326-1-4 January 29, 2021 Page 73 of 108