Economic Balance Sheet
Year
Asset
Financial capital
Liquid assets
Investment assets
Personal property
Human capital
Pension value
Total Economic Asset
0
500.00
12,231.49
1,814.89
14,546.39
Liabilities
Debt
Lifetime comsumption needs
Total Liabilities
Economic Net Worth
100.00
(10,505.00)
(10,405.00)
4,141.39
The economic balance sheet indicates that Human capital accounts for over 84% of total
economic asset. With the large portion of human capital, Nam and Loan should consider to
buy life insurance to mitgate risks and ensure their economic asset. (đến đây bí mẹ từ cay
thế)
Balance Sheet
Year
0
2024
5
2029
12
2036
20
2044
28
2052
Asset
Current Asset (Liquid Asset)
Checking Account
Emergency Fund
Saving Account
Stock
Bond
Total Current Asset
50.00
350.00
400.00
63.81
184.45
393.23
168.53
810.02
89.79
317.05
2,810.67
702.67
3,920.18
132.66
458.41
13,787.78
3,446.94
17,825.80
196.01
674.84
15,777.68
7,888.84
7,888.84
32,426.21
Non-current Asset (Illiquid Asset)
First House
Real Estate
Car
Motorbike
Total Non-current Asset
200.00
35.00
235.00
1,738.91
166.67
28.00
1,933.58
5,087.64
120.00
19.83
5,227.48
6,444.88
66.67
10.50
6,522.04
8,164.18
24,007.90
13.33
1.17
32,186.58
Total asset
635.00
2,743.60
9,147.66
24,347.84
64,612.78
-
-
-
635.00
2,743.60
9,147.66
Liability
Debt(* )
-
-
Equity
Total equity
24,347.84
64,612.78
With our advised portfolio, Nam and Loan’s assets are projected to increase significantly
over their lifetime. We recommend that after purchasing their first house, the proportion of
stocks in their portfolio should rise to 80%, compared to 70% prior to the purchase. By the
28th year, coinciding with Nam’s retirement, 50% of the portfolio should be allocated to a
savings account, with the remaining balance equally divided between stocks and bonds.
According to our projections and investment plan, Nam and Loan will be able to purchase
homes without incurring any debt or mortgage. (chỗ này anh hiếu cứu tui phần debt k biết có
bảo hiểm gì k???)
Income Statement
Year
0
2024
5
2029
12
2036
20
2044
28
2052
Age
M(vnd)
32
600.00
0
468.00
78.00
522.00
37
784.18
1
599.38
110.84
673.33
44
1140.72
2
903.12
200.74
939.99
52
1583.68
2
1346.08
352.93
1230.75
60
861.96
0
0.00
0.00
861.96
Age
M(vnd)
Income before tax
# of dependents(* )
Taxable Income
Tax expense
Income after tax
M(vnd)
27
150.00
0
18.00
0.90
149.10
32
196.04
0
64.04
3.40
192.64
39
285.18
0
153.18
13.98
271.20
47
437.66
0
305.66
41.33
396.33
55
671.68
0
539.68
95.92
575.76
Total Operational Income
671.10
865.97
1211.19
1627.08
1437.71
17.50
17.50
9.22
58.98
13.48
81.69
15.29
421.60
56.21
493.11
21.31
2,068.17
275.76
2,365.23
26.21
1,183.33
1,200.12
2,409.66
Total Income
688.60
947.66
1,704.30
3,992.32
3,847.37
Housing
Ultilities
Child 1
Child 2
Life Insurance
Interest expense
Total Fixed Expense
180.00
24.00
12.54
28.50
85.51
204.00
27.20
153.76
17.07
36.27
163.20
105.12
27.20
348.84
24.27
47.75
214.90
207.63
27.20
521.75
34.51
62.88
455.68
27.20
580.28
OperatingIncome
Nam
Income before tax
# of dependents(* )
Taxable Income
Tax expense
Income after tax
M(vnd)
Loan
Financial Income
Saving account
Stock
Bond
Service Apartment
Total Financial Income
Expense
Food
Clothing
Entertainment
Education
Health
Vacation
Other
Total Variable Expense
90.00
48.00
60.00
24.00
12.00
24.00
18.00
276.00
54.02
29.17
35.78
29.20
14.95
30.63
21.38
215.14
66.44
41.05
48.69
38.42
20.35
43.10
27.20
285.25
84.17
60.65
69.24
52.59
28.94
63.68
35.82
395.07
106.62
89.60
98.46
71.97
41.16
314.42
47.16
769.39
Total Expenses
480.00
368.89
634.10
916.82
1,349.67
20
177%
1396%
41%
67%
65%
28
107%
3215%
37%
85%
84%
Year
OperatingIncome/Expense
Liquid Asset/Expense
Operatingincome/Total income
Liquid asset/ Total Asset
Available Asset/Total Asset
0
140%
83%
97%
63%
0%
5
235%
691%
91%
93%
84%
12
191%
884%
71%
72%
67%
As illustrated in the financial ratios, the budgeted operating income is projected to
consistently cover expenses, even if Nam and Loan have children or purchase a house. This
ensures that their investment portfolio can remain flexible until retirement. Additionally, it is
important to note that the proportion of financial income is expected to increase as the
proportion of operating income steadily declines over their lifetime.