Scenario With Social Security

Sample Scenario 008 – Investing $100,000 in Stocks at Fixed 8.97% per Year while Earning and Spending $5K per Month and Buy 10 Nomads™, Start Earning $2K/mo From Social Security in May, 2040

This is similar to Scenario 006 except in this Scenario we are adding in that you start collecting $2,000 per month (in today’s dollars) in May, 2040. We buy a home to live in with 5% down payment and lender-paid private mortgage insurance (PMI) instead and then a year later we buy a second home to live in, again with 5% down payment and lender-paid PMI. We convert the first one to a rental property. We repeat this process waiting at least a year between each purchase to comply with the owner-occupant lender requirement to live in the property for … Read more

Sample Scenario 003 – Investing $100,000 in Stocks at Fixed 8.97% per Year while Earning and Spending $5K per Month and Social Security Starting in Feb, 2040

In this “Sample Scenario”, our third, we add to the previous Scenario an additional paycheck for $1,200 per month that begins in February, 2040. This is an example of how you might model starting to receive a check from social security on a specific date in the future with the Real Estate Financial Planner™ software. Adding an Additional, Future Income Stream Like Social Security To add this additional, future income stream to your model we use another Paycheck and Personal Expenses rule. In Sample Scenario 002 and this Scenario, the Paycheck and Personal Expenses rule for the $5,000 in personal … Read more