i need a tutor to help me solve please use the first sheet instruction to calculate and fill out the budget planner with the answers i am so confused i need help from

a tutor.

You are creating a budget for a single, 22-year-old recent finance graduate living in Jacksonville, FL. Taylor has recently accepted a position with Coastal Empire Capital at a starting salary of $50,000. Taylor is in good health and appreciates the importance of living within her/his means through a carefully designed budget. Through your conversations with Taylor, you have accumulated the following facts. 1. First year annual bonuses average 5% of base salaries for first year employees. 2. Outstanding student loan balance: $30,000 at 4.0%. Taylor wants to pay off the loan in 7 years. 3. Taylor's employer has established a generous 401(K) plan and matches employee contributions dollar-for-dollar up to 5% of the employee's base salary. Employees are required to contribute a minimum of 3% and a maximum of 10%. 4. A health plan will cost $125 per month. 5. Taylor will be required to travel and needs to purchase a reliable car that befits the new career. It doesn't have to be new, but should be suitable for taking clients to dinner. Think 4-door, conservative in the S20-25K range (tax and title, included). Her current car has a trade-in value of $7,000. (Taylor has a clean driving record, but you should consider the insurance implications.) 6. The new position will require an update, professional wardrobe. The firm provides new employees with a $1,200 clothing allowance (consider the tax consequences) to assist with this ongoing expense. SECOND MILESTONE CONSIDERATIONS Taylor is a 45-year-old professional who heads the Southeast M&A group for a major regional bank. Taylor's family (spouse and 2 children, ages 19 and 16) own a home in San Marco. Identify 5 major areas of Taylor's budget that will differ in 23 years. Provide a brief description of how these budget items will appear. FINAL MILESTONE CONSIDERATIONS Taylor is 66 with a 65 years old spouse. Both are retiring this year. Kids are grown and independent. Together (not THAT way), they have given Taylor 3 grandchildren (ages 7, 4 and 2). Identify s major areas of her budget that will differ in 44 years. Provide a brief description of how these budget items will appear. Consider that Taylor and spouse been very successful in their careers. Budget Planner Gross Pay Bonus Commission Investment Income Other Incom Total Income Pre-tax Insurance Deductions Medical Dental Vision Insurance Total Pre-tax Insurance Deductions IIIIIIIII IN IIIIII Income-based Taxes Federal Social Security Medicare State Total Taxes Fixed Expenses Housing Auto Loan Payment Student Loan Payment Other Loan Payments Property Taxes Auto Insurance Homeowner's Renter's Insurance Cable Television Internet Access Other Fixed Expenses Total Fixed Expenses IIIIIIIIIIIIIIIIIIII III IIIIIII IIII Variable Expenses Gasoline Credit Card Food Travel Telephone landline/mobile) Electric Gas Personal Care Clothing Pet Care "Fun Money Gifts Other Variable Expenses Total Variable Expenses Total Expenses Cash Surplus (Deficit) LI IIIIII TI Investment Activities Contribution to emergency fund Contribution to 401(k) Contribution to IRA (trad. or Roth) Net Cash Surplus (Deficit) "You may need additional rows Feel free to add you don't use a row, feel free to delete You are creating a budget for a single, 22-year-old recent finance graduate living in Jacksonville, FL. Taylor has recently accepted a position with Coastal Empire Capital at a starting salary of $50,000. Taylor is in good health and appreciates the importance of living within her/his means through a carefully designed budget. Through your conversations with Taylor, you have accumulated the following facts. 1. First year annual bonuses average 5% of base salaries for first year employees. 2. Outstanding student loan balance: $30,000 at 4.0%. Taylor wants to pay off the loan in 7 years. 3. Taylor's employer has established a generous 401(K) plan and matches employee contributions dollar-for-dollar up to 5% of the employee's base salary. Employees are required to contribute a minimum of 3% and a maximum of 10%. 4. A health plan will cost $125 per month. 5. Taylor will be required to travel and needs to purchase a reliable car that befits the new career. It doesn't have to be new, but should be suitable for taking clients to dinner. Think 4-door, conservative in the S20-25K range (tax and title, included). Her current car has a trade-in value of $7,000. (Taylor has a clean driving record, but you should consider the insurance implications.) 6. The new position will require an update, professional wardrobe. The firm provides new employees with a $1,200 clothing allowance (consider the tax consequences) to assist with this ongoing expense. SECOND MILESTONE CONSIDERATIONS Taylor is a 45-year-old professional who heads the Southeast M&A group for a major regional bank. Taylor's family (spouse and 2 children, ages 19 and 16) own a home in San Marco. Identify 5 major areas of Taylor's budget that will differ in 23 years. Provide a brief description of how these budget items will appear. FINAL MILESTONE CONSIDERATIONS Taylor is 66 with a 65 years old spouse. Both are retiring this year. Kids are grown and independent. Together (not THAT way), they have given Taylor 3 grandchildren (ages 7, 4 and 2). Identify s major areas of her budget that will differ in 44 years. Provide a brief description of how these budget items will appear. Consider that Taylor and spouse been very successful in their careers. Budget Planner Gross Pay Bonus Commission Investment Income Other Incom Total Income Pre-tax Insurance Deductions Medical Dental Vision Insurance Total Pre-tax Insurance Deductions IIIIIIIII IN IIIIII Income-based Taxes Federal Social Security Medicare State Total Taxes Fixed Expenses Housing Auto Loan Payment Student Loan Payment Other Loan Payments Property Taxes Auto Insurance Homeowner's Renter's Insurance Cable Television Internet Access Other Fixed Expenses Total Fixed Expenses IIIIIIIIIIIIIIIIIIII III IIIIIII IIII Variable Expenses Gasoline Credit Card Food Travel Telephone landline/mobile) Electric Gas Personal Care Clothing Pet Care "Fun Money Gifts Other Variable Expenses Total Variable Expenses Total Expenses Cash Surplus (Deficit) LI IIIIII TI Investment Activities Contribution to emergency fund Contribution to 401(k) Contribution to IRA (trad. or Roth) Net Cash Surplus (Deficit) "You may need additional rows Feel free to add you don't use a row, feel free to delete