Drawing Down Savings
7 consecutive years of negative cash flow
Child Age
28
Mortgage Payoff
Age 35
Child to Payoff
7 yrs
Total Interest
$167k
28
$6000
$3500(13.8y)
Year-by-Year Financial Breakdown
Detailed line-item breakdown of all income and expenses by age
| Age | Gross Income | Rental Income | Taxes | Net Income | Living Exp. | Property Exp. | Big Projects | Giving | Mortgage Int. | Mortgage Prin. | Offset Savings | Annual Savings | Cumulative |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22 | $100,000 | $0 | -$22,788 | $77,212 | -$26,400 | -$4,000 | -$8,000 | -$5,405 | -$30,116 | -$9,484 | $0 | $-6,193 | $-6,193 |
| 23 | $188,000 | $0 | -$41,736 | $146,264 | -$27,324 | -$4,140 | -$8,280 | -$10,238 | -$28,776 | -$43,224 | $0 | $24,282 | $18,089 |
| 24 | $193,640 | $0 | -$43,541 | $150,099 | -$28,280 | -$4,285 | -$8,570 | -$10,507 | -$25,382 | -$46,618 | $1,001 | $26,457 | $44,546 |
| 25 | $199,449 | $0 | -$45,400 | $154,049 | -$29,270 | -$4,435 | -$8,870 | -$10,783 | -$21,337 | -$50,663 | $2,466 | $28,691 | $73,237 |
| 26 | $205,433 | $0 | -$47,314 | $158,119 | -$30,295 | -$4,590 | -$9,180 | -$11,068 | -$16,944 | -$55,056 | $4,054 | $30,985 | $104,222 |
| 27 | $211,596 | $0 | -$49,287 | $162,309 | -$31,355 | -$4,751 | -$9,501 | -$11,362 | -$12,182 | -$59,818 | $5,769 | $33,340 | $137,562 |
| 28 | $119,405 | $0 | -$28,998 | $90,407 | -$32,452 | -$4,917 | -$9,834 | -$6,329 | -$7,778 | -$34,222 | $7,615 | $-16,925 | $120,637 |
| 29 | $122,987 | $0 | -$30,144 | $92,843 | -$33,588 | -$5,089 | -$10,178 | -$6,499 | -$6,821 | -$35,179 | $6,678 | $-16,725 | $103,912 |
| 30 | $126,677 | $0 | -$31,325 | $95,352 | -$34,764 | -$5,267 | -$10,534 | -$6,675 | -$5,799 | -$36,201 | $5,752 | $-16,529 | $87,383 |
| 31 | $130,477 | $0 | -$32,541 | $97,936 | -$35,980 | -$5,452 | -$10,903 | -$6,856 | -$4,710 | -$37,290 | $4,837 | $-16,338 | $71,045 |
| 32 | $134,392 | $0 | -$33,793 | $100,599 | -$37,240 | -$5,642 | -$11,285 | -$7,042 | -$3,551 | -$38,449 | $3,933 | $-16,152 | $54,893 |
| 33 | $138,423 | $0 | -$35,323 | $103,100 | -$38,543 | -$5,840 | -$11,680 | -$7,217 | -$2,316 | -$39,684 | $3,039 | $-19,699 | $35,193 |
| 34 | $142,576 | $0 | -$36,943 | $105,633 | -$39,892 | -$6,044 | -$12,089 | -$7,394 | -$1,210 | -$40,790 | $1,948 | $-19,919 | $15,275 |
| 35 | $146,853 | $0 | -$38,611 | $108,242 | -$41,288 | -$6,256 | -$12,512 | -$7,577 | -$310 | -$35,323 | $601 | $-20,158 | $-4,883 |
| 36 | $276,084 | $0 | -$71,061 | $205,023 | -$42,734 | -$6,475 | -$12,950 | -$14,352 | -$0 | -$0 | $0 | $109,089 | $104,206 |
| 37 | $284,367 | $0 | -$74,029 | $210,338 | -$44,229 | -$6,701 | -$13,403 | -$14,724 | -$0 | -$0 | $0 | $111,176 | $215,383 |
| 38 | $292,898 | $0 | -$77,086 | $215,812 | -$45,777 | -$6,936 | -$13,872 | -$15,107 | -$0 | -$0 | $0 | $113,312 | $328,695 |
| 39 | $301,685 | $0 | -$80,333 | $221,352 | -$47,379 | -$7,179 | -$14,357 | -$15,495 | -$0 | -$0 | $0 | $115,405 | $444,100 |
| 40 | $310,735 | $0 | -$83,863 | $226,872 | -$49,038 | -$7,430 | -$14,860 | -$15,881 | -$0 | -$0 | $0 | $117,374 | $561,474 |
| 41 | $320,057 | $0 | -$87,498 | $232,559 | -$50,754 | -$7,690 | -$15,380 | -$16,279 | -$0 | -$0 | $0 | $119,386 | $680,860 |
| 42 | $329,659 | $0 | -$91,243 | $238,416 | -$52,530 | -$7,959 | -$15,918 | -$16,689 | -$0 | -$0 | $0 | $121,442 | $802,302 |
| 43 | $339,549 | $0 | -$95,100 | $244,449 | -$54,369 | -$8,238 | -$16,475 | -$17,111 | -$0 | -$0 | $0 | $123,542 | $925,844 |
| 44 | $349,735 | $0 | -$99,202 | $250,533 | -$56,272 | -$8,526 | -$17,052 | -$17,537 | -$0 | -$0 | $0 | $125,568 | $1,051,412 |
| 45 | $360,227 | $0 | -$103,753 | $256,474 | -$58,241 | -$8,824 | -$17,649 | -$17,953 | -$0 | -$0 | $0 | $127,333 | $1,178,745 |