1) Future income

Subject:BusinessPrice: Bought3

Share With

1) Future income. 
a. How did you estimate your future income? Did you get it from your future employer, the 
Money Path app, or other sources? 
b. How do you feel about your future income? Is it what you expected before entering college?
2. Student loans.
a. Do you have an accurate estimation of your student loan balance/monthly payment after 
college?
b. How do you feel about the student loan amount? Is paying off student loans one of your top 
priorities after graduation? 
3. Future Monthly budget.
a. How do you feel about the living cost after graduation? 
b. In the second path profile, by how much did you increase your monthly savings (compared to 
the first profile)? What expenses did you have to cut to increase your savings? Will you need to 
make lifestyle changes to reduce the expenses?
4. Goal Timeline 
a. Did you develop reasonable financial goals (what you need to save for and how much to 
save)? 
b. How long will it take to achieve your savings goals under the first profile? How do you feel 
about the timeline? 
c. How long will it take to achieve your savings goals under the second profile (after increasing 
savings)? How do you feel about the timeline? 
5. Retirement Savings Plan 
a. What is the amount of money you have after 40 years of contributing to your retirement 
savings account under profile 1 and 2? 
b. Do you think the assumptions for the retirement savings account are reasonable (2.5% annual 
increase in salary, 7% annual returns)? If not, what assumptions will you use for your retirement 
account savings?
6. Summary.

 

 

a. Will you discuss your plan with anyone (your families or friends)? 
b. What are you most excited about regarding your plan? 
c. What are you most concerned about regarding your plan?