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Choosing a retirement community can be a daunting task, especially when it comes to financial planning. To find out just how affordable Meth-Wick can be in comparison to the monthly expenses of living on your own, simply print out this worksheet, fill in your figures and compute.
*To print this worksheet out, simply click on your web browser's print button.
| YEARLY ASSETS |
YEARLY INCOME |
| Equity in residence |
__________ |
Social Security |
__________ |
| Investments |
__________ |
Pension/retirement |
__________ |
| Savings account |
__________ |
Rental income |
__________ |
| Checking account |
__________ |
Investment income |
__________ |
| Household goods to sell |
__________ |
Other |
__________ |
| TOTAL ASSETS |
$_________ |
TOTAL Income |
$_________ |
|
Less Entrance Fee
|
-$72,000*
|
|
|
|
ASSETS AFTER FEE
|
$_________
|
|
|
MONTHLY EXPENSES
|
Current |
The Manor |
Fee (based on purchase plan)
Utilities (gas/electric/water/garbage)
Property taxes
Home owners insurance
Lawn care/snow removal services
Home maintenance
Food
Car insurance
Car license
Car maintenance
Car gasoline
Newspapers/magazines
TOTAL MONTHLY EXPENSES
|
N/A
_________
_________
_________
_________
_________
_________
_________
_________
_________
_________
_________
$_________
|
$1,601*
N/A
N/A
N/A
N/A
N/A
$217**
N/A
N/A
N/A
N/A
N/A
$1,818
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*Figures are based on expenses for a single, one bedroom apartment purchase at The Manor; expenses will vary with residences and options.
**Food plan expenses are variable; residents of The Manor are required to spend a minimum of $56 per week.
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