Financial Plan for Jalyn Van Dyke

April 13, 2021

Age 20

Annual Net Income: $692.00/year

Monthly Net Income: $55.17/month

Net Worth: $5,200.00

Investor Profile: Aggressive

Credit Score: (Optional)

Tax Bracket: 10%

Emergency Savings: $2,000 America First

Life Insurance: $800,000 25 Year Term Policy Protective

Savings Goals:

#1 Savings
Goal Amount: $1,980
Start Date: August 1, 2020
End Date: August 1, 2023
Time: 3 years
Monthly Investment: $55
Investment: Zions Bank Savings Account
Anticipated Rate of Return: 3.0%

#2 New Computer:
Goal Amount: $1,500
Savings Start Date: June 1, 2020
Targeted End Date: June 1, 2022
Time: 2 years
Monthly Investment: $63
Investment: HSNAX The Hartford Strategic Income Fund Class A
Anticipated Annual Return: 7%

#3 Retirement:
Goal Amount: $1.0MM
Start Date: July 1, 2020
Targeted End Date: July 1, 2065
Time: 45 years
Monthly Investment: $200
Investment: TRRLX T Rowe Price Target 2060
Anticipated Annual Return: 13%

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 Exhibit A
Income Statement

Jalyn Van Dyke

January 19, 2021

Income Monthly Annual

Employment 425.00 5,100.00

Investment - -

Rental Property - -

Grant/Scholarship 708.33 8,500.00

Family/Parents 200.00 2,400.00

Business - -

Total Income 1,333.33 16,000.00

Expenses

Rent/Mortgage 250.00 3,000.00

Car Payment 200.00 2,400.00

Car-Gas 60.00 720.00

Car-Maintenance 16.67 200.00

Car-Insurance 100.00 1,200.00

Gas - -

Electric 25.00 300.00

Phone 50.00 600.00

Cable - -

Internet 11.50 138.00

Health Insurance 100.00 1,200.00

Food 80.00 960.00

Clothing 15.00 150.00

Entertainment 10.00 120.00

Misc. 10.00 120.00

Tuition/School 350.00 4,200.00

Total Expenses 1,278.17 15,308.00

Net Income 55.17 692.00

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 Exhibit B

Balance Sheet
Jalyn Van Dyke
April 13, 2021

Assets
Home -
Car 13,000.00
Savings 2,000.00
Investments 1,500.00
Business -
Property -
Boat/RV -
Furniture -
Jewelry -
Clothing 300.00
Collectables 800.00
Electronics 100.00
Musical Instruments -
Total Assets 17,700.00

Liabilities
Mortgage -
Car Loan 12,000.00
Credit Cards 500.00
Consumer Loans -
Student Loans -
Medical Debt -
Total Liabilities 12,500.00

Net Worth 5,200.00

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 Exhibit C

Personal Finance

Investor Profile Questionnaire

For each of the following groups of statements, select the statement that most closely
reflects your financial situation and investment philosophy (circle numbers).

A. 1. One can’t be too careful.

2. When in doubt, err on the side of caution.

3. Nothing ventured, nothing gained.

B. 1. Put safety first, stick with risk free investments.

2. Don’t put all your eggs in a few baskets, diversification is important.

3. Put most of your money in your best investment ideas.

C. 1. Receiving dependable income is more important than growth.

2. Income and growth are equally important.
3. Growth is more important than current income.

D. 1. I prefer conservative investments.

2. I like to have a mix of conservative and growth oriented investments.
3. I want growth and am willing to risk significant capital to achieve it.

E. A respected friend suggests the time is right to invest aggressively, you

1. Refuse to take more risk.
2. Invest a portion of your savings.
3. Invest all your savings.

F. You win a contest and can choose among three prizes, which do you select?
1. Receive $5000 today.
2. Receive $2000/year for 5 years.

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 3. Receive $25,000 10 years from now.

G. An emergency requires $10,000 unexpectedly, you

1. Have to liquidate all your investments.
2. Have to liquidate 25% of your investments.
3. Could handle it without liquidating any of your investments.

H. The stock market is dropping in value, you would sell your investments after
1. A 10% drop in value.
2. A 20% drop in value.
3. I would not sell in a down market.

Personal Finance

Investor Profile Questionnaire Score Card

Total Score:

8-10 Conservative

11-14 Income

15-17 Balanced

18-21 Growth

22-24 Aggressive

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 Exhibit D

Online Savings

Bank Interest Fees Minimums

Marcus .50 None None
CIT .25 $24K or $100/mo. None
Capital One .40 None None

Local Bank Savings

Bank Interest Fees Minimums

Wells Fargo .01 $25 $5 < $300 balance
Chase .01 $300 $5 < $300 balance
Zion .03 $50 $3 < $250 balance

Local Credit Unions

Credit Union Interest Fees Minimum

U of U .05 $10 None
America 1st .05 $1 None
Mountain America .05 $5 None

Online CDs

Bank 1 2 3 4 5
Marcus .55 .55 .55 .55 .60
Capital One .20 .25 .30 .35 .40
Ally .60 .60 .65 .60 .85

Local CDs

Bank 1 2 3 4 5
Wells Fargo .01 .01 .01 .01 .01
Chase .02 .02 .02 .02 .02
Zions .28 .28 .31 .31 .34

Credit Union CDs

Credit Union 1 2 3 4 5
U of U .30 .40 .50 .60 .70
Cyprus .02 .032 .035 .035 .035
America 1st .35 .40 .45 .60 .70

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 Exhibit E

Insurance Co. 10 20 30 Universal Rating

Protective $15.36 $18.62 $26.32 $132.50 A+ Superior
Pacific Life $14.35 $19.38 $28.89 $107.17 A+ Superior
AIG $14.96 $18.96 $29.98 $172.56 A

Exhibit F

Fund Picks 2021

March 25, 2021
Fund Name Symbol 1 3 5 10 Net Beta Std. Sharpe Star Minimum Tenure
Expense Dev.
Fidelity Strategic FADMX 7.96% 5.34% 6.51% 4.76% 0.67% 1.29 6.99 0.55 4 0.00 7
Income Fund
The Hartford Strategic HSNAX 9.43% 6.99% 7.71% 5.23% 0.98% 0.82 0.078 0.7 5 2500.00 4
Income Fund Class A
BlackRock Income Fund BMSAX 7.13% 5.71% 6.27% 5.08% 0.98% 0.86 7.89 0.54 4 2500.00 11
Investor A Shares
Janus Henderson Multi IMUTX 5.29% 5.89% 6.47% n/a 0.98% 0.86 8.46 0.52 4 2500.00 7
Sector Bond
American Century ASIEX 7.55% 5.88% 6.04% n/a 0.76% 0.83 6.26 0.7 4 250.00 7
Strategic Income
Fidelity Strategic FADMX 17.60% 5.22% 5.80% 4.70% 0.67% 1.29 7 0 4 0.00 7
Income Fund