The Real Estate Financial Planner Blueprint™
D-02 100% Stocks, 30% Savings, 2 Nomads 5% DP, Gifted DP
Rules
If you remember, Rules modify Accounts and Properties in the Scenario. For this Scenario we have the following 2 Rules.
Let's look at each of the Rules below.
Paycheck and Personal Expenses
This Rule runs for the entire Scenario.
With the Paycheck and Personal Expenses, we collect a paycheck and pay our personal living expenses out of the VTSMX with CAGR of 8.97% over 1871-2017 Account each month. We start out collecting $5,833.33 Inflation Adjusted from our paycheck and paying out $2,641.91 Inflation Adjusted in personal expenses each month. Both our paycheck and personal expenses increase with inflation over time. We do pay taxes on the amount we collect from our paycheck at a rate of 24.71%.
Buy Property When Account Has Down Payment
This Rule runs for the entire Scenario.
With the Buy Property When Account Has Down Payment, we buy a version of the Typical Family Home - 5% DP, Gifted DP Property when the VTSMX with CAGR of 8.97% over 1871-2017 Account has at least $5,000 Inflation Adjusted plus the total cost to close required to make the purchase of the Property.
We do limit the number of this Dynamic Property that we can buy using this Rule to 2 total.
Copy Scenario into my Real Estate Financial Planner™ Software AccountBlueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Final Month Summary
Reports