My Life in 20 Years

By Troy Hansen

MY EDUCATION

Undergraduate Work (Bachelors Degree)

• I will go to Brigham Young University for 5 years and get my Bachelors Degree

• I will live with roommates • I will have a used car• I will have a part-time job making $7.25/hour

BYULocation: Provo, UTAffiliation: LDSStudents: 29,857Tuition:$2,210

Graduate Work (Masters Degree)

• I will go to National University when I am 27• It will take 2 years• I will live with my wife• We will both go to school at night or online• We will both be working full-time, making

$45,637/year• School will cost us $30,420/year

National University

Location: Costa Mesa, CAAffiliation: Private Non-profitStudents: UnknownTuition: $1521/class

MY JOB

My Job

• I will be a Teacher• I will work in LAUSD• In my first year will make $45,637/year• In 20 years I will be making $76,181/year

My JobLocation: Los Angeles, CABase pay: $45,637/yearPay after 20 years: $76,181/yearRetirement Age: 61

MY HOUSE

My House

• I will live in Lakewood, CA• I will save $30,000 for a down-payment on a

house• I will buy a house after, 5 years of working, for

$379,900

My HouseAddress: 3638 Sandwood Street Lakewood, CA 90712Price: $379,900Down: $30,0001st:$1,820Details: 4 Bed, 2 Bath, 1726 Sq Ft, 0.13 AcreClosest High School API: Lakewood HS - 739

MY CAR

My Car

• I will buy a new car after I buy my house, for $20,990 dollars. This gives me payments of $396/mo

• It will be a Toyota Tacoma

2007 Toyota TacomaMake: ToyotaModel: TacomaPrice: $20,990Payments: Details: Silver, 2 Wheel Drive, Double Cab, 39,507 miles,

MY FAMILY

My Family

• I will have a wife and 3 kids• My kids will be 9, 7, and 3 years old.

My FamilyMyself – Mr. SmithWife – Mrs. SmithBoy 1 - TycoeBoy 2 - DanaliGirl - Shasta

MY HOBBIES

My Hobbies

• I will race go-karts– I will race twice a month at K1 speed.

• I will ride bikes– I will ride with my kids, and race at Bellflower BMX

K1 Speed Location: Anaheim, IrvineYearly Costs: $360Itemized Expenses:Arrive and drive $13/race (2 times per month)

BMXLocation: Orange, BellflowerMonthly Costs: $62Itemized Expenses:New bike every 3rd year $800Practice fees 4x $5 per monthRace fees 2x $10 per month (personal research)

MY BUDGET

My Budget

• I will spend about $7,000 dollars per month• Any additional money will be saved for

retirement• Additional expenses must be covered by side-

jobs that provide additional income

My BudgetExpense Name Cost Expense Name CostHome FamilyMortgage $2,500.00 Food $650.00Property Tax $324.00 Household Supplies $500.00Home Insurance $40.00 Clothing $150.00HOA $220.00 Medical Insurance $350.00Utilities Entertainment $150.00Electricity $210.00 HobbiesWater and Garbage $25.00 Go-kart Racing $50.00Phone $75.00 Bikes $150.00Cable $45.00 Lessons/classes $350.00Internet $30.00 EducationCar Student Loans $250.00Monthly Payment $350.00Insurance $125.00Gasoline $250.00Maintenance $100.00 Total $6,894.00