王自强理财规划

王自强理财规划——建行常州CFP培训班第一小组2006年4月12日小组成员 邵兰华、陈大明、奚海蓉、陈长、辛朝娣 殷敏、黄恩玉、薛明敏、廉淑、王书宇情况介绍 王自强先生于5年前自行创业，独资经营一家有30名员工的自强制鞋厂，目前业务稳定，公司盈余成长率预估未来五年为20%，以后维持10%。前一年底的财务报表如附件一。王先生于前妻的离婚 协议 离婚协议模板下载合伙人协议 下载渠道分销协议免费下载敬业协议下载授课协议下载 中，承诺需在离婚后五年内，每月需支应前妻2,000元生活费。王先生每月还要负担母亲的生活费与看护费4,000元，预计还要负担5年左右。王先生离婚后暂时与女儿租房100平米居住，房租每月3,000元。另外还需支付自己与女儿的生活费用每月5,000元。情况介绍假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 税后净收入合计 260470 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他 说明 关于失联党员情况说明岗位说明总经理岗位说明书会计岗位说明书行政主管岗位说明书 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。情况介绍张怡君小姐为国营事业员工，年资已有18年。目前的月税前工资为每月5,000元，预计以后每年增加200元。每月房租净收入为3,000元，需支付自己与女儿的生活费用每月4,000元。情况介绍假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 税后净收入合计 260470 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 48240 公积金缴费 3600 个人所得税 3360 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。理财目标 王先生与张小姐于一年前认识，打算在最近结婚。由于双方都是再婚且各有子女，打算就订定婚前协议书，婚后互为对方买保险，并订定遗嘱。 王先生与张小姐两人再婚后打算购房200平米自住，约需100万元资金。 王先生与张小姐至少要准备子女上大学的费用。如果能力许可的话，希望两人的女儿均可以出国留学。 张小姐55岁需届龄退休，王先生届时拟将制鞋厂转让当退休金一起退休。预计两人退休后每年的开销现值为5万元。 王先生过去五年的事业盈余除了家用外都用来扩充鞋厂的规模，目前获利已较稳定，希望未来可以分散投资金融商品，王先生属于较积极的投资人，可承担10%左右的损失。张小姐除了投资用房产以外，并未做其它的投资。王先生与张小姐也希望金融理财师可以提供两人结婚以后应如何投资，才能达到理财目标的建议。两人的资产可以一起运用，但希望投资报酬率可达到5%以上，同时每年的最大损失幅度可控制在5%以内。假设条件假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 税后净收入合计 260470 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。假设条件1、王先生与张小姐的无忧生活年龄皆为90岁，规划时间为53年2、目前大学四年每年学杂食宿费15,000元，出国念硕士两年，每年学杂食宿费150,000元。3、当地目前的平均房价每平米5,000元。资产负债表假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 126250 253750 股票 52000 税后净收入合计 253750 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 126250 253750 股票 52000 税后净收入合计 253750 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。婚后家庭资产负债表假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 126250 253750 股票 52000 税后净收入合计 253750 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。收入支出表假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 125690 254310 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 76000 304000 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 254310 总计 170500 净收入 83810 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 17.65% 工资所得 48240 14.41% 赡养费 48000 35.29% 房租收入 32254.8 9.63% 生活费用 60000 44.12% 保费支出 4000 2.94% 总计 334804.8 总计 136000 净收入 198804.8房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产2余值 房产3余值 房产总计价值 2006 500000 250000 1000000 1750000 2007 5.00% 2.00% 514500 257250 1029000 1800750 2008 5.00% 2.00% 529421 264710 1058841 1852972 2009 5.00% 2.00% 544774 272387 1089547 1906708 2010 5.00% 2.00% 560572 280286 1121144 1962002 2011 5.00% 2.00% 576829 288414 1153657 2018901 2012 5.00% 2.00% 593557 296778 1187114 2077449 2013 5.00% 2.00% 610770 305385 1221540 2137695 2014 5.00% 2.00% 628482 314241 1256964 2199688 2015 5.00% 2.00% 646708 323354 1293416 2263479 2016 5.00% 2.00% 665463 332731 1330926 2329120 2017 5.00% 2.00% 684761 342381 1369522 2396664 2018 5.00% 2.00% 704619 352310 1409238 2466167 2019 5.00% 2.00% 725053 362527 1450106 2537686 2020 5.00% 2.00% 746080 373040 1492159 2611279 2021 5.00% 2.00% 767716 383858 1535432 2687006 2022 5.00% 2.00% 789980 394990 1579960 2764929 2023 5.00% 2.00% 812889 406445 1625778 2845112 退休时 2024 5.00% 2.00% 836463 418232 1672926 2927621 2025 5.00% 2.00% 860720 430360 1721441 3012522 2026 5.00% 2.00% 885681 442841 1771363 3099885 2027 5.00% 2.00% 911366 455683 1822732 3189781 2028 5.00% 2.00% 937796 468898 1875591 3282285 2029 5.00% 2.00% 964992 482496 1929984 3377471 2030 5.00% 2.00% 992977 496488 1985953 3475418 2031 5.00% 2.00% 1021773 510886 2043546 3576205 2032 5.00% 2.00% 1051404 525702 2102809 3679915 2033 5.00% 2.00% 1081895 540948 2163790 3786633 2034 5.00% 2.00% 1113270 556635 2226540 3896445 2035 5.00% 2.00% 1145555 572777 2291110 4009442 2036 5.00% 2.00% 1178776 589388 2357552 4125716 2037 5.00% 2.00% 1212960 606480 2425921 4245361 2038 5.00% 2.00% 1248136 624068 2496273 4368477 2039 5.00% 2.00% 1284332 642166 2568664 4495163 2040 5.00% 2.00% 1321578 660789 2643156 4625522 2041 5.00% 2.00% 1359904 679952 2719807 4759663 2042 5.00% 2.00% 1399341 699670 2798682 4897693 2043 5.00% 2.00% 1439922 719961 2879843 5039726 2044 5.00% 2.00% 1481679 740840 2963359 5185878 2045 5.00% 2.00% 1524648 762324 3049296 5336268 2046 5.00% 2.00% 1568863 784431 3137726 5491020 2047 5.00% 2.00% 1614360 807180 3228720 5650260 2048 5.00% 2.00% 1661176 830588 3322353 5814117 2049 5.00% 2.00% 1709350 854675 3418701 5982727 2050 5.00% 2.00% 1758922 879461 3517843 6156226 2051 5.00% 2.00% 1809930 904965 3619861 6334756 2052 5.00% 2.00% 1862418 931209 3724837 6518464 2053 5.00% 2.00% 1916428 958214 3832857 6707500 2054 5.00% 2.00% 1972005 986002 3944010 6902017 2055 5.00% 2.00% 2029193 1014597 4058386 7102176 2056 5.00% 2.00% 2088040 1044020 4176079 7308139养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 254310.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83810.00 103810.00 1000000.00 2 2007 305172.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 130352.00 234162.00 1200000.00 3 2008 366206.40 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186936.80 421098.80 1440000.00 4 2009 439447.68 (52450.90) (39338.17) (65563.62) (2500.00) 279594.99 700693.79 1728000.00 5 2010 527337.22 (54024.42) (40518.32) (67530.53) (2500.00) 362763.95 1063457.74 2073600.00 6 2011 632804.66 (41733.87) (69556.44) (2500.00) 519014.35 1582472.09 2280960.00 7 2012 696085.13 (42985.88) (71643.14) (2500.00) 578956.10 2161428.19 2509056.00 8 2013 765693.64 (44275.46) (73792.43) (2500.00) 645125.75 2806553.94 2759961.60 9 2014 842263.00 (45603.72) (76006.20) (2500.00) 718153.07 3524707.01 3035957.76 10 2015 大学学费 926489.30 (46971.83) (78286.39) (2500.00) (23269.92) 775461.15 4300168.16 3339553.54 11 2016 大学学费 1019138.23 (48380.99) (80634.98) (24433.42) 865688.84 5165857.00 3673508.89 12 2017 大学学费 1121052.05 (49832.42) (83054.03) (25655.09) 962510.51 6128367.52 4040859.78 13 2018 大学学费 1233157.26 (51327.39) (85545.65) (26937.84) 1069346.37 7197713.89 4444945.76 14 2019 女儿出国留学 1356472.99 (52867.21) (88112.02) (282847.37) 932646.38 8130360.27 4889440.33 15 2020 女儿出国留学 1492120.29 (54453.23) (90755.38) (296989.74) 1049921.93 9180282.20 5378384.37 16 2021 1641332.31 (56086.83) (93478.04) 1491767.44 10672049.64 5916222.80 17 2022 1805465.54 (57769.43) (96282.39) 1651413.73 12323463.37 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 12664789.99 19 2024 (61287.59) (102145.98) (163433.57) 12501356.42 20 2025 (63126.22) (105210.36) (168336.58) 12333019.84 21 2026 (65020.00) (108366.67) (173386.68) 12159633.16 22 2027 (66970.60) (111617.67) (178588.28) 11981044.88 23 2028 (68979.72) (114966.20) (183945.93) 11797098.95 24 2029 (71049.11) (118415.19) (189464.31) 11607634.65 25 2030 (73180.59) (121967.65) (195148.23) 11412486.41 26 2031 (75376.01) (125626.68) (201002.68) 11211483.73 27 2032 (77637.29) (129395.48) (207032.76) 11004450.97 28 2033 (79966.40) (133277.34) (213243.74) 10791207.23 29 2034 (82365.40) (137275.66) (219641.06) 10571566.17 30 2035 (84836.36) (141393.93) (226230.29) 10345335.88 31 2036 (87381.45) (145635.75) (233017.20) 10112318.68 32 2037 (90002.89) (150004.82) (240007.71) 9872310.97 33 2038 (92702.98) (154504.97) (247207.94) 9625103.03 34 2039 (95484.07) (159140.11) (254624.18) 9370478.84 35 2040 (98348.59) (163914.32) (262262.91) 9108215.94 36 2041 (101299.05) (168831.75) (270130.80) 8838085.14 37 2042 (104338.02) (173896.70) (278234.72) 8559850.42 38 2043 (107468.16) (179113.60) (286581.76) 8273268.66 39 2044 (110692.21) (184487.01) (295179.21) 7978089.45 40 2045 (114012.97) (190021.62) (304034.59) 7674054.86 41 2046 (117433.36) (195722.27) (313155.63) 7360899.23 42 2047 (120956.36) (201593.94) (322550.30) 7038348.93 43 2048 (124585.05) (207641.75) (332226.81) 6706122.12 44 2049 (128322.60) (213871.01) (342193.61) 6363928.51 45 2050 (132172.28) (220287.14) (352459.42) 6011469.10 46 2051 (136137.45) (226895.75) (363033.20) 5648435.90 47 2052 (140221.57) (233702.62) (373924.20) 5274511.70 48 2053 (144428.22) (240713.70) (385141.92) 4889369.78 49 2054 (148761.07) (247935.11) (396696.18) 4492673.60 50 2055 (153223.90) (255373.17) (408597.07) 4084076.53 51 2056 (157820.62) (263034.36) (420854.98) 3663221.55 52 2057 (162555.24) (270925.39) (433480.63) 3229740.92 53 2058 (167431.89) (279053.15) (446485.05) 2783255.88张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66 52 2057 31355.86 145644.07 (216740.31) (39740.38) 199461.28 53 2058 31973.14 150013.39 (223242.52) (41255.99) 158205.29调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 254310.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168658.52 250658.52 184473.72 2 2007 305172.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219692.16 470350.68 168091.94 3 2008 366206.40 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 280799.08 751149.75 150807.52 4 2009 439447.68 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 378010.40 1129160.15 132570.73 5 2010 527337.22 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 465764.06 1594924.21 113329.10 6 2011 632804.66 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 626631.33 2221555.54 93027.25 7 2012 696085.13 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 691222.71 2912778.26 71606.77 8 2013 765693.64 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 762075.35 3674853.61 49006.02 9 2014 842263.00 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 839819.69 4514673.29 25159.97 10 2015 大学学费 926489.30 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 901879.43 5416552.72 (0.00) 11 2016 2人大学学费 1019138.23 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 999006.98 6415559.70 12 2017 2人大学学费 1121052.05 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1099430.00 7514989.71 13 2018 2人大学学费 1233157.26 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1209842.87 8724832.57 14 2019 留学/大学学费 1356472.99 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1076693.22 9801525.79 15 2020 2人出国留学 1492120.29 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 930199.23 10731725.02 16 2021 出国留学 1641332.31 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1362169.73 12093894.76 17 2022 1805465.54 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1838669.53 13932564.29 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 497166.31 14429730.60 19 2024 26722.37 54911.64 (85121.65) (3487.64) 14426242.96 20 2025 26955.10 56558.99 (87675.30) (4161.21) 14422081.75 21 2026 27194.81 58255.76 (90305.56) (4854.99) 14417226.76 22 2027 27441.72 60003.43 (93014.73) (5569.58) 14411657.18 23 2028 27696.03 61803.53 (95805.17) (6305.61) 14405351.57 24 2029 27957.97 63657.64 (98679.33) (7063.72) 14398287.85 25 2030 28227.76 65567.37 (101639.71) (7844.58) 14390443.27 26 2031 28505.65 67534.39 (104688.90) (8648.85) 14381794.42 27 2032 28791.88 69560.42 (107829.56) (9477.26) 14372317.15 28 2033 29086.70 71647.23 (111064.45) (10330.52) 14361986.63 29 2034 29390.35 73796.65 (114396.38) (11209.38) 14350777.25 30 2035 29703.12 76010.55 (117828.28) (12114.60) 14338662.65 31 2036 30025.27 78290.87 (121363.12) (13046.98) 14325615.66 32 2037 22172.36 80639.59 (125004.02) (22192.07) 14303423.59 33 2038 22514.13 83058.78 (128754.14) (23181.23) 14280242.36 34 2039 22866.15 85550.54 (132616.76) (24200.07) 14256042.29 35 2040 23228.74 88117.06 (136595.26) (25249.47) 14230792.82 36 2041 23602.20 90760.57 (140693.12) (26330.35) 14204462.47 37 2042 23986.86 93483.39 (144913.92) (27443.67) 14177018.80 38 2043 24383.07 96287.89 (149261.33) (28590.38) 14148428.43 39 2044 24791.16 99176.53 (153739.17) (29771.49) 14118656.94 40 2045 25211.50 102151.82 (158351.35) (30988.03) 14087668.91 41 2046 25644.44 105216.38 (163101.89) (32241.07) 14055427.84 42 2047 26090.37 108372.87 (167994.95) (33531.70) 14021896.14 43 2048 26549.69 111624.05 (173034.79) (34861.06) 13987035.08 44 2049 27022.78 114972.78 (178225.84) (36230.29) 13950804.79 45 2050 27510.06 118421.96 (183572.61) (37640.60) 13913164.20 46 2051 28011.96 121974.62 (189079.79) (39093.21) 13874070.98 47 2052 28528.92 125633.86 (194752.19) (40589.41) 13833481.58 48 2053 29061.39 129402.87 (200594.75) (42130.49) 13791351.08 49 2054 29609.83 133284.96 (206612.59) (43717.81) 13747633.28 50 2055 30174.72 137283.51 (212810.97) (45352.74) 13702280.54 51 2056 30756.57 141402.01 (219195.30) (47036.72) 13655243.81 52 2057 31355.86 145644.07 (225771.16) (48771.22) 13606472.59 53 2058 31973.14 150013.39 (232544.29) (50557.76) 13555914.83 总计 15924547.70 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (200000.00) (65462.82) 13473914.83调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 304000.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 428894.80 (373915.32) 54979.48 136979.48 804719.68 2 2007 364800.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 494546.44 (278595.32) 215951.13 352930.61 757050.99 3 2008 437760.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 572399.36 (283415.72) 288983.64 641914.26 706867.01 4 2009 525312.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 664886.41 (264380.73) 400505.68 1042419.94 654034.07 5 2010 630374.40 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 774926.90 (269494.69) 505432.21 1547852.15 598411.33 6 2011 756449.28 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 906023.83 (219116.92) 686906.92 2234759.07 539850.41 7 2012 907739.14 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 1062380.65 (222872.96) 839507.69 3074266.76 478195.02 8 2013 1089286.96 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 1249041.34 (226741.69) 1022299.65 4096566.41 413280.48 9 2014 1307144.36 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 1472058.49 (230726.48) 1241332.01 5337898.41 344933.29 10 2015 大学学费 1568573.23 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 1738695.07 (258100.74) 1480594.32 6818492.74 272970.68 11 2016 2人大学学费 1882287.87 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 2057666.43 (258878.84) 1798787.59 8617280.32 223746.35 12 2017 2人大学学费 2258745.45 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 2439430.83 (265676.47) 2173754.36 10791034.68 171973.84 13 2018 2人大学学费 2710494.54 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 2896538.01 (272726.90) 2623811.11 13414845.79 117519.96 14 2019 留学/大学学费 3252593.44 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 3444047.42 (534602.78) 2909444.64 16324290.44 60244.54 15 2020 2人出国留学 3903112.13 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 4100030.25 (822208.20) 3277822.05 19602112.48 (0.00) 16 2021 出国留学 4683734.56 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 4886171.69 (481599.71) 4404571.98 24006684.46 17 2022 5620481.47 51440.00 51759.49 104812.80 (173308.30) (1500.00) 5828493.76 (174808.30) 5653685.46 29660369.92 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 579808.69 (82642.38) 497166.31 30157536.23 19 2024 26722.37 54911.64 (85121.65) 81634.01 (85121.65) (3487.64) 30154048.59 20 2025 26955.10 56558.99 (87675.30) 83514.09 (87675.30) (4161.21) 30149887.38 21 2026 27194.81 58255.76 (90305.56) 85450.57 (90305.56) (4854.99) 30145032.39 22 2027 27441.72 60003.43 (93014.73) 87445.15 (93014.73) (5569.58) 30139462.81 23 2028 27696.03 61803.53 (95805.17) 89499.56 (95805.17) (6305.61) 30133157.20 24 2029 27957.97 63657.64 (98679.33) 91615.60 (98679.33) (7063.72) 30126093.48 25 2030 28227.76 65567.37 (101639.71) 93795.13 (101639.71) (7844.58) 30118248.90 26 2031 28505.65 67534.39 (104688.90) 96040.04 (104688.90) (8648.85) 30109600.05 27 2032 28791.88 69560.42 (107829.56) 98352.30 (107829.56) (9477.26) 30100122.78 28 2033 29086.70 71647.23 (111064.45) 100733.93 (111064.45) (10330.52) 30089792.26 29 2034 29390.35 73796.65 (114396.38) 103187.00 (114396.38) (11209.38) 30078582.88 30 2035 29703.12 76010.55 (117828.28) 105713.67 (117828.28) (12114.60) 30066468.28 31 2036 30025.27 78290.87 (121363.12) 108316.14 (121363.12) (13046.98) 30053421.29 32 2037 22172.36 80639.59 (125004.02) 102811.95 (125004.02) (22192.07) 30031229.22 33 2038 22514.13 83058.78 (128754.14) 105572.91 (128754.14) (23181.23) 30008047.99 34 2039 22866.15 85550.54 (132616.76) 108416.69 (132616.76) (24200.07) 29983847.92 35 2040 23228.74 88117.06 (136595.26) 111345.79 (136595.26) (25249.47) 29958598.45 36 2041 23602.20 90760.57 (140693.12) 114362.77 (140693.12) (26330.35) 29932268.10 37 2042 23986.86 93483.39 (144913.92) 117470.25 (144913.92) (27443.67) 29904824.43 38 2043 24383.07 96287.89 (149261.33) 120670.96 (149261.33) (28590.38) 29876234.06 39 2044 24791.16 99176.53 (153739.17) 123967.69 (153739.17) (29771.49) 29846462.57 40 2045 25211.50 102151.82 (158351.35) 127363.32 (158351.35) (30988.03) 29815474.54 41 2046 25644.44 105216.38 (163101.89) 130860.82 (163101.89) (32241.07) 29783233.47 42 2047 26090.37 108372.87 (167994.95) 134463.24 (167994.95) (33531.70) 29749701.77 43 2048 26549.69 111624.05 (173034.79) 138173.74 (173034.79) (34861.06) 29714840.71 44 2049 27022.78 114972.78 (178225.84) 141995.55 (178225.84) (36230.29) 29678610.42 45 2050 27510.06 118421.96 (183572.61) 145932.02 (183572.61) (37640.60) 29640969.83 46 2051 28011.96 121974.62 (189079.79) 149986.58 (189079.79) (39093.21) 29601876.61 47 2052 28528.92 125633.86 (194752.19) 154162.78 (194752.19) (40589.41) 29561287.21 48 2053 29061.39 129402.87 (200594.75) 158464.26 (200594.75) (42130.49) 29519156.71 49 2054 29609.83 133284.96 (206612.59) 162894.79 (206612.59) (43717.81) 29475438.91 50 2055 30174.72 137283.51 (212810.97) 167458.23 (212810.97) (45352.74) 29430086.17 51 2056 30756.57 141402.01 (219195.30) 172158.58 (219195.30) (47036.72) 29383049.44 52 2057 31355.86 145644.07 (225771.16) 176999.94 (225771.16) (48771.22) 29334278.22 53 2058 31973.14 150013.39 (232544.29) 181986.53 (232544.29) (50557.76) 29283720.46 合计 32702888.82 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1494273.45) (850000.00) (365998.32) 39868856.95 (10667136.49) 29201720.46生涯仿真图 生涯仿真图 428894.8 -373915.315282698 494546.444 -278595.315282698 572399.35732 -283415.715282698 664886.4108396 -264380.727282698 774926.901564788 -269494.689642698 906023.833411732 -219116.915307098 1062380.65401408 -222872.96330783 1249041.33875451 -226741.692748584 1472058.49146114 -230726.484072561 1738695.06509778 -258100.742375934 2057666.42644207 -258878.840768764 2439430.83354496 -265676.471778005 2896538.00852287 -272726.898556326 3444047.42474443 -534602.782532378 4100030.2512858 -822208.203112446 4886171.68610323 -481599.707904588 5828493.75566095 -174808.295422669 2079808.69359896 -82642.3816135875 81634.0123833954 -85121.6530619952 83514.0907313679 -87675.302653855 85450.5714297795 -90305.5617334707 87445.1465491435 -93014.7285854748 89499.5589220884 -95805.1704430391 91615.6036662216 -98679.3255563302 93795.1297526788 -101639.70532302 96040.0416217298 -104688.896482711 98352.3008468523 -107829.563377192 100733.927848728 -111064.450278508 103187.003660661 -114396.383786863 105713.671746951 -117828.275300469 108316.13987583 -121363.123559483 102811.947930929 -125004.017266268 105572.906368857 -128754.137784256 108416.693559922 -132616.761917783 111345.79436672 -136595.264775317 114362.768197722 -140693.122718576 117470.251243653 -144913.916400134 120670.958780963 -149261.333892138 123967.687544392 -153739.173908902 127363.318170724 -158351.349126169 130860.817715845 -163101.889599954 134463.242247321 -167994.946287952 138173.73951474 -173034.794676591 141995.551700183 -178225.838516889 145932.018251188 -183572.613672395 149986.578798724 -189079.792082567 154162.776162685 -194752.185845044 158464.259447566 -200594.751420396 162894.787230993 -206612.593963008 167458.230847923 -212810.971781898 172158.57777336 -219195.300935355 176999.935106561 -225771.159963415 181986.533159758 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图 54979.4847173018 215951.128717302 288983.642037302 400505.683556902 505432.21192209 686906.918104633 839507.690706254 1022299.64600592 1241332.00738858 1480594.32272184 1798787.58567331 2173754.36176696 2623811.10996654 2909444.64221205 3277822.04817336 4404571.97819864 5653685.46023828 1997166.31198537 -3487.6406785998 -4161.2119224871 -4854.9903036912 -5569.5820363313 -6305.6115209507 -7063.7218901086 -7844.5755703413 -8648.8548609809 -9477.2625303398 -10330.5224297794 -11209.3801262022 -12114.6035535177 -13046.9836836526 -22192.0693353387 -23181.2314153988 -24200.0683578608 -25249.4704085966 -26330.3545208545 -27443.6651564801 -28590.3751111745 -29771.4863645098 -30988.0309554451 -32241.0718841084 -33531.7040406317 -34861.0551618506 -36230.2868167062 -37640.5954212074 -39093.2132838436 -40589.4096823589 -42130.4919728297 -43717.8067320146 -45352.7409339751 -47036.7231619943 -48771.2248568542 -50557.7616025598净现金流年份金额现金流量生涯仿真图 82000 136979.484717302 352930.613434604 641914.255471905 1042419.93902881 1547852.1509509 2234759.06905553 3074266.75976178 4096566.40576771 5337898.41315629 6818492.73587813 8617280.32155143 10791034.6833184 13414845.7932849 16324290.435497 19602112.4836703 24006684.461869 29660369.9221073 32911458.775077 32907971.1343984 32903809.9224759 32898954.9321722 32893385.3501359 32887079.7386149 32880016.0167248 32872171.4411545 32863522.5862935 32854045.3237631 32843714.8013334 32832505.4212072 32820390.8176536 32807343.83397 32785151.7646347 32761970.5332193 32737770.4648614 32712520.9944528 32686190.6399319 32658746.9747755 32630156.5996643 32600385.1132998 32569397.0823443 32537156.0104602 32503624.3064196 32468763.2512577 32432532.964441 32394892.3690198 32355799.155736 32315209.7460536 32273079.2540808 32229361.4473488 32184008.7064148 32136971.9832528 32088200.758396 32037642.9967934理财准备年份金额理财准备生涯仿真图收入支出表假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 125690 254310 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 76000 304000 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 254310 总计 170500 净收入 83810 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 17.65% 工资所得 48240 14.41% 赡养费 48000 35.29% 房租收入 32254.8 9.63% 生活费用 60000 44.12% 保费支出 4000 2.94% 总计 334804.8 总计 136000 净收入 198804.8房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产2余值 房产3余值 房产总计价值 2006 500000 250000 1000000 1750000 2007 5.00% 2.00% 514500 257250 1029000 1800750 2008 5.00% 2.00% 529421 264710 1058841 1852972 2009 5.00% 2.00% 544774 272387 1089547 1906708 2010 5.00% 2.00% 560572 280286 1121144 1962002 2011 5.00% 2.00% 576829 288414 1153657 2018901 2012 5.00% 2.00% 593557 296778 1187114 2077449 2013 5.00% 2.00% 610770 305385 1221540 2137695 2014 5.00% 2.00% 628482 314241 1256964 2199688 2015 5.00% 2.00% 646708 323354 1293416 2263479 2016 5.00% 2.00% 665463 332731 1330926 2329120 2017 5.00% 2.00% 684761 342381 1369522 2396664 2018 5.00% 2.00% 704619 352310 1409238 2466167 2019 5.00% 2.00% 725053 362527 1450106 2537686 2020 5.00% 2.00% 746080 373040 1492159 2611279 2021 5.00% 2.00% 767716 383858 1535432 2687006 2022 5.00% 2.00% 789980 394990 1579960 2764929 2023 5.00% 2.00% 812889 406445 1625778 2845112 退休时 2024 5.00% 2.00% 836463 418232 1672926 2927621 2025 5.00% 2.00% 860720 430360 1721441 3012522 2026 5.00% 2.00% 885681 442841 1771363 3099885 2027 5.00% 2.00% 911366 455683 1822732 3189781 2028 5.00% 2.00% 937796 468898 1875591 3282285 2029 5.00% 2.00% 964992 482496 1929984 3377471 2030 5.00% 2.00% 992977 496488 1985953 3475418 2031 5.00% 2.00% 1021773 510886 2043546 3576205 2032 5.00% 2.00% 1051404 525702 2102809 3679915 2033 5.00% 2.00% 1081895 540948 2163790 3786633 2034 5.00% 2.00% 1113270 556635 2226540 3896445 2035 5.00% 2.00% 1145555 572777 2291110 4009442 2036 5.00% 2.00% 1178776 589388 2357552 4125716 2037 5.00% 2.00% 1212960 606480 2425921 4245361 2038 5.00% 2.00% 1248136 624068 2496273 4368477 2039 5.00% 2.00% 1284332 642166 2568664 4495163 2040 5.00% 2.00% 1321578 660789 2643156 4625522 2041 5.00% 2.00% 1359904 679952 2719807 4759663 2042 5.00% 2.00% 1399341 699670 2798682 4897693 2043 5.00% 2.00% 1439922 719961 2879843 5039726 2044 5.00% 2.00% 1481679 740840 2963359 5185878 2045 5.00% 2.00% 1524648 762324 3049296 5336268 2046 5.00% 2.00% 1568863 784431 3137726 5491020 2047 5.00% 2.00% 1614360 807180 3228720 5650260 2048 5.00% 2.00% 1661176 830588 3322353 5814117 2049 5.00% 2.00% 1709350 854675 3418701 5982727 2050 5.00% 2.00% 1758922 879461 3517843 6156226 2051 5.00% 2.00% 1809930 904965 3619861 6334756 2052 5.00% 2.00% 1862418 931209 3724837 6518464 2053 5.00% 2.00% 1916428 958214 3832857 6707500 2054 5.00% 2.00% 1972005 986002 3944010 6902017 2055 5.00% 2.00% 2029193 1014597 4058386 7102176 2056 5.00% 2.00% 2088040 1044020 4176079 7308139养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 254310.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83810.00 103810.00 1000000.00 2 2007 305172.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 130352.00 234162.00 1200000.00 3 2008 366206.40 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186936.80 421098.80 1440000.00 4 2009 439447.68 (52450.90) (39338.17) (65563.62) (2500.00) 279594.99 700693.79 1728000.00 5 2010 527337.22 (54024.42) (40518.32) (67530.53) (2500.00) 362763.95 1063457.74 2073600.00 6 2011 632804.66 (41733.87) (69556.44) (2500.00) 519014.35 1582472.09 2280960.00 7 2012 696085.13 (42985.88) (71643.14) (2500.00) 578956.10 2161428.19 2509056.00 8 2013 765693.64 (44275.46) (73792.43) (2500.00) 645125.75 2806553.94 2759961.60 9 2014 842263.00 (45603.72) (76006.20) (2500.00) 718153.07 3524707.01 3035957.76 10 2015 大学学费 926489.30 (46971.83) (78286.39) (2500.00) (23269.92) 775461.15 4300168.16 3339553.54 11 2016 大学学费 1019138.23 (48380.99) (80634.98) (24433.42) 865688.84 5165857.00 3673508.89 12 2017 大学学费 1121052.05 (49832.42) (83054.03) (25655.09) 962510.51 6128367.52 4040859.78 13 2018 大学学费 1233157.26 (51327.39) (85545.65) (26937.84) 1069346.37 7197713.89 4444945.76 14 2019 女儿出国留学 1356472.99 (52867.21) (88112.02) (282847.37) 932646.38 8130360.27 4889440.33 15 2020 女儿出国留学 1492120.29 (54453.23) (90755.38) (296989.74) 1049921.93 9180282.20 5378384.37 16 2021 1641332.31 (56086.83) (93478.04) 1491767.44 10672049.64 5916222.80 17 2022 1805465.54 (57769.43) (96282.39) 1651413.73 12323463.37 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 12664789.99 19 2024 (61287.59) (102145.98) (163433.57) 12501356.42 20 2025 (63126.22) (105210.36) (168336.58) 12333019.84 21 2026 (65020.00) (108366.67) (173386.68) 12159633.16 22 2027 (66970.60) (111617.67) (178588.28) 11981044.88 23 2028 (68979.72) (114966.20) (183945.93) 11797098.95 24 2029 (71049.11) (118415.19) (189464.31) 11607634.65 25 2030 (73180.59) (121967.65) (195148.23) 11412486.41 26 2031 (75376.01) (125626.68) (201002.68) 11211483.73 27 2032 (77637.29) (129395.48) (207032.76) 11004450.97 28 2033 (79966.40) (133277.34) (213243.74) 10791207.23 29 2034 (82365.40) (137275.66) (219641.06) 10571566.17 30 2035 (84836.36) (141393.93) (226230.29) 10345335.88 31 2036 (87381.45) (145635.75) (233017.20) 10112318.68 32 2037 (90002.89) (150004.82) (240007.71) 9872310.97 33 2038 (92702.98) (154504.97) (247207.94) 9625103.03 34 2039 (95484.07) (159140.11) (254624.18) 9370478.84 35 2040 (98348.59) (163914.32) (262262.91) 9108215.94 36 2041 (101299.05) (168831.75) (270130.80) 8838085.14 37 2042 (104338.02) (173896.70) (278234.72) 8559850.42 38 2043 (107468.16) (179113.60) (286581.76) 8273268.66 39 2044 (110692.21) (184487.01) (295179.21) 7978089.45 40 2045 (114012.97) (190021.62) (304034.59) 7674054.86 41 2046 (117433.36) (195722.27) (313155.63) 7360899.23 42 2047 (120956.36) (201593.94) (322550.30) 7038348.93 43 2048 (124585.05) (207641.75) (332226.81) 6706122.12 44 2049 (128322.60) (213871.01) (342193.61) 6363928.51 45 2050 (132172.28) (220287.14) (352459.42) 6011469.10 46 2051 (136137.45) (226895.75) (363033.20) 5648435.90 47 2052 (140221.57) (233702.62) (373924.20) 5274511.70 48 2053 (144428.22) (240713.70) (385141.92) 4889369.78 49 2054 (148761.07) (247935.11) (396696.18) 4492673.60 50 2055 (153223.90) (255373.17) (408597.07) 4084076.53 51 2056 (157820.62) (263034.36) (420854.98) 3663221.55 52 2057 (162555.24) (270925.39) (433480.63) 3229740.92 53 2058 (167431.89) (279053.15) (446485.05) 2783255.88张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66 52 2057 31355.86 145644.07 (216740.31) (39740.38) 199461.28 53 2058 31973.14 150013.39 (223242.52) (41255.99) 158205.29调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 254310.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168658.52 250658.52 184473.72 2 2007 305172.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219692.16 470350.68 168091.94 3 2008 366206.40 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 280799.08 751149.75 150807.52 4 2009 439447.68 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 378010.40 1129160.15 132570.73 5 2010 527337.22 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 465764.06 1594924.21 113329.10 6 2011 632804.66 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 626631.33 2221555.54 93027.25 7 2012 696085.13 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 691222.71 2912778.26 71606.77 8 2013 765693.64 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 762075.35 3674853.61 49006.02 9 2014 842263.00 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 839819.69 4514673.29 25159.97 10 2015 大学学费 926489.30 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 901879.43 5416552.72 (0.00) 11 2016 2人大学学费 1019138.23 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 999006.98 6415559.70 12 2017 2人大学学费 1121052.05 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1099430.00 7514989.71 13 2018 2人大学学费 1233157.26 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1209842.87 8724832.57 14 2019 留学/大学学费 1356472.99 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1076693.22 9801525.79 15 2020 2人出国留学 1492120.29 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 930199.23 10731725.02 16 2021 出国留学 1641332.31 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1362169.73 12093894.76 17 2022 1805465.54 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1838669.53 13932564.29 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 497166.31 14429730.60 19 2024 26722.37 54911.64 (85121.65) (3487.64) 14426242.96 20 2025 26955.10 56558.99 (87675.30) (4161.21) 14422081.75 21 2026 27194.81 58255.76 (90305.56) (4854.99) 14417226.76 22 2027 27441.72 60003.43 (93014.73) (5569.58) 14411657.18 23 2028 27696.03 61803.53 (95805.17) (6305.61) 14405351.57 24 2029 27957.97 63657.64 (98679.33) (7063.72) 14398287.85 25 2030 28227.76 65567.37 (101639.71) (7844.58) 14390443.27 26 2031 28505.65 67534.39 (104688.90) (8648.85) 14381794.42 27 2032 28791.88 69560.42 (107829.56) (9477.26) 14372317.15 28 2033 29086.70 71647.23 (111064.45) (10330.52) 14361986.63 29 2034 29390.35 73796.65 (114396.38) (11209.38) 14350777.25 30 2035 29703.12 76010.55 (117828.28) (12114.60) 14338662.65 31 2036 30025.27 78290.87 (121363.12) (13046.98) 14325615.66 32 2037 22172.36 80639.59 (125004.02) (22192.07) 14303423.59 33 2038 22514.13 83058.78 (128754.14) (23181.23) 14280242.36 34 2039 22866.15 85550.54 (132616.76) (24200.07) 14256042.29 35 2040 23228.74 88117.06 (136595.26) (25249.47) 14230792.82 36 2041 23602.20 90760.57 (140693.12) (26330.35) 14204462.47 37 2042 23986.86 93483.39 (144913.92) (27443.67) 14177018.80 38 2043 24383.07 96287.89 (149261.33) (28590.38) 14148428.43 39 2044 24791.16 99176.53 (153739.17) (29771.49) 14118656.94 40 2045 25211.50 102151.82 (158351.35) (30988.03) 14087668.91 41 2046 25644.44 105216.38 (163101.89) (32241.07) 14055427.84 42 2047 26090.37 108372.87 (167994.95) (33531.70) 14021896.14 43 2048 26549.69 111624.05 (173034.79) (34861.06) 13987035.08 44 2049 27022.78 114972.78 (178225.84) (36230.29) 13950804.79 45 2050 27510.06 118421.96 (183572.61) (37640.60) 13913164.20 46 2051 28011.96 121974.62 (189079.79) (39093.21) 13874070.98 47 2052 28528.92 125633.86 (194752.19) (40589.41) 13833481.58 48 2053 29061.39 129402.87 (200594.75) (42130.49) 13791351.08 49 2054 29609.83 133284.96 (206612.59) (43717.81) 13747633.28 50 2055 30174.72 137283.51 (212810.97) (45352.74) 13702280.54 51 2056 30756.57 141402.01 (219195.30) (47036.72) 13655243.81 52 2057 31355.86 145644.07 (225771.16) (48771.22) 13606472.59 53 2058 31973.14 150013.39 (232544.29) (50557.76) 13555914.83 总计 15924547.70 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (200000.00) (65462.82) 13473914.83调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 304000.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 428894.80 (373915.32) 54979.48 136979.48 804719.68 2 2007 364800.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 494546.44 (278595.32) 215951.13 352930.61 757050.99 3 2008 437760.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 572399.36 (283415.72) 288983.64 641914.26 706867.01 4 2009 525312.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 664886.41 (264380.73) 400505.68 1042419.94 654034.07 5 2010 630374.40 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 774926.90 (269494.69) 505432.21 1547852.15 598411.33 6 2011 756449.28 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 906023.83 (219116.92) 686906.92 2234759.07 539850.41 7 2012 907739.14 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 1062380.65 (222872.96) 839507.69 3074266.76 478195.02 8 2013 1089286.96 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 1249041.34 (226741.69) 1022299.65 4096566.41 413280.48 9 2014 1307144.36 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 1472058.49 (230726.48) 1241332.01 5337898.41 344933.29 10 2015 大学学费 1568573.23 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 1738695.07 (258100.74) 1480594.32 6818492.74 272970.68 11 2016 2人大学学费 1882287.87 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 2057666.43 (258878.84) 1798787.59 8617280.32 223746.35 12 2017 2人大学学费 2258745.45 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 2439430.83 (265676.47) 2173754.36 10791034.68 171973.84 13 2018 2人大学学费 2710494.54 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 2896538.01 (272726.90) 2623811.11 13414845.79 117519.96 14 2019 留学/大学学费 3252593.44 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 3444047.42 (534602.78) 2909444.64 16324290.44 60244.54 15 2020 2人出国留学 3903112.13 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 4100030.25 (822208.20) 3277822.05 19602112.48 (0.00) 16 2021 出国留学 4683734.56 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 4886171.69 (481599.71) 4404571.98 24006684.46 17 2022 5620481.47 51440.00 51759.49 104812.80 (173308.30) (1500.00) 5828493.76 (174808.30) 5653685.46 29660369.92 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 579808.69 (82642.38) 497166.31 30157536.23 19 2024 26722.37 54911.64 (85121.65) 81634.01 (85121.65) (3487.64) 30154048.59 20 2025 26955.10 56558.99 (87675.30) 83514.09 (87675.30) (4161.21) 30149887.38 21 2026 27194.81 58255.76 (90305.56) 85450.57 (90305.56) (4854.99) 30145032.39 22 2027 27441.72 60003.43 (93014.73) 87445.15 (93014.73) (5569.58) 30139462.81 23 2028 27696.03 61803.53 (95805.17) 89499.56 (95805.17) (6305.61) 30133157.20 24 2029 27957.97 63657.64 (98679.33) 91615.60 (98679.33) (7063.72) 30126093.48 25 2030 28227.76 65567.37 (101639.71) 93795.13 (101639.71) (7844.58) 30118248.90 26 2031 28505.65 67534.39 (104688.90) 96040.04 (104688.90) (8648.85) 30109600.05 27 2032 28791.88 69560.42 (107829.56) 98352.30 (107829.56) (9477.26) 30100122.78 28 2033 29086.70 71647.23 (111064.45) 100733.93 (111064.45) (10330.52) 30089792.26 29 2034 29390.35 73796.65 (114396.38) 103187.00 (114396.38) (11209.38) 30078582.88 30 2035 29703.12 76010.55 (117828.28) 105713.67 (117828.28) (12114.60) 30066468.28 31 2036 30025.27 78290.87 (121363.12) 108316.14 (121363.12) (13046.98) 30053421.29 32 2037 22172.36 80639.59 (125004.02) 102811.95 (125004.02) (22192.07) 30031229.22 33 2038 22514.13 83058.78 (128754.14) 105572.91 (128754.14) (23181.23) 30008047.99 34 2039 22866.15 85550.54 (132616.76) 108416.69 (132616.76) (24200.07) 29983847.92 35 2040 23228.74 88117.06 (136595.26) 111345.79 (136595.26) (25249.47) 29958598.45 36 2041 23602.20 90760.57 (140693.12) 114362.77 (140693.12) (26330.35) 29932268.10 37 2042 23986.86 93483.39 (144913.92) 117470.25 (144913.92) (27443.67) 29904824.43 38 2043 24383.07 96287.89 (149261.33) 120670.96 (149261.33) (28590.38) 29876234.06 39 2044 24791.16 99176.53 (153739.17) 123967.69 (153739.17) (29771.49) 29846462.57 40 2045 25211.50 102151.82 (158351.35) 127363.32 (158351.35) (30988.03) 29815474.54 41 2046 25644.44 105216.38 (163101.89) 130860.82 (163101.89) (32241.07) 29783233.47 42 2047 26090.37 108372.87 (167994.95) 134463.24 (167994.95) (33531.70) 29749701.77 43 2048 26549.69 111624.05 (173034.79) 138173.74 (173034.79) (34861.06) 29714840.71 44 2049 27022.78 114972.78 (178225.84) 141995.55 (178225.84) (36230.29) 29678610.42 45 2050 27510.06 118421.96 (183572.61) 145932.02 (183572.61) (37640.60) 29640969.83 46 2051 28011.96 121974.62 (189079.79) 149986.58 (189079.79) (39093.21) 29601876.61 47 2052 28528.92 125633.86 (194752.19) 154162.78 (194752.19) (40589.41) 29561287.21 48 2053 29061.39 129402.87 (200594.75) 158464.26 (200594.75) (42130.49) 29519156.71 49 2054 29609.83 133284.96 (206612.59) 162894.79 (206612.59) (43717.81) 29475438.91 50 2055 30174.72 137283.51 (212810.97) 167458.23 (212810.97) (45352.74) 29430086.17 51 2056 30756.57 141402.01 (219195.30) 172158.58 (219195.30) (47036.72) 29383049.44 52 2057 31355.86 145644.07 (225771.16) 176999.94 (225771.16) (48771.22) 29334278.22 53 2058 31973.14 150013.39 (232544.29) 181986.53 (232544.29) (50557.76) 29283720.46 合计 32702888.82 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1494273.45) (850000.00) (365998.32) 39868856.95 (10667136.49) 29201720.46生涯仿真图 生涯仿真图 428894.8 -373915.315282698 494546.444 -278595.315282698 572399.35732 -283415.715282698 664886.4108396 -264380.727282698 774926.901564788 -269494.689642698 906023.833411732 -219116.915307098 1062380.65401408 -222872.96330783 1249041.33875451 -226741.692748584 1472058.49146114 -230726.484072561 1738695.06509778 -258100.742375934 2057666.42644207 -258878.840768764 2439430.83354496 -265676.471778005 2896538.00852287 -272726.898556326 3444047.42474443 -534602.782532378 4100030.2512858 -822208.203112446 4886171.68610323 -481599.707904588 5828493.75566095 -174808.295422669 2079808.69359896 -82642.3816135875 81634.0123833954 -85121.6530619952 83514.0907313679 -87675.302653855 85450.5714297795 -90305.5617334707 87445.1465491435 -93014.7285854748 89499.5589220884 -95805.1704430391 91615.6036662216 -98679.3255563302 93795.1297526788 -101639.70532302 96040.0416217298 -104688.896482711 98352.3008468523 -107829.563377192 100733.927848728 -111064.450278508 103187.003660661 -114396.383786863 105713.671746951 -117828.275300469 108316.13987583 -121363.123559483 102811.947930929 -125004.017266268 105572.906368857 -128754.137784256 108416.693559922 -132616.761917783 111345.79436672 -136595.264775317 114362.768197722 -140693.122718576 117470.251243653 -144913.916400134 120670.958780963 -149261.333892138 123967.687544392 -153739.173908902 127363.318170724 -158351.349126169 130860.817715845 -163101.889599954 134463.242247321 -167994.946287952 138173.73951474 -173034.794676591 141995.551700183 -178225.838516889 145932.018251188 -183572.613672395 149986.578798724 -189079.792082567 154162.776162685 -194752.185845044 158464.259447566 -200594.751420396 162894.787230993 -206612.593963008 167458.230847923 -212810.971781898 172158.57777336 -219195.300935355 176999.935106561 -225771.159963415 181986.533159758 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图 54979.4847173018 215951.128717302 288983.642037302 400505.683556902 505432.21192209 686906.918104633 839507.690706254 1022299.64600592 1241332.00738858 1480594.32272184 1798787.58567331 2173754.36176696 2623811.10996654 2909444.64221205 3277822.04817336 4404571.97819864 5653685.46023828 1997166.31198537 -3487.6406785998 -4161.2119224871 -4854.9903036912 -5569.5820363313 -6305.6115209507 -7063.7218901086 -7844.5755703413 -8648.8548609809 -9477.2625303398 -10330.5224297794 -11209.3801262022 -12114.6035535177 -13046.9836836526 -22192.0693353387 -23181.2314153988 -24200.0683578608 -25249.4704085966 -26330.3545208545 -27443.6651564801 -28590.3751111745 -29771.4863645098 -30988.0309554451 -32241.0718841084 -33531.7040406317 -34861.0551618506 -36230.2868167062 -37640.5954212074 -39093.2132838436 -40589.4096823589 -42130.4919728297 -43717.8067320146 -45352.7409339751 -47036.7231619943 -48771.2248568542 -50557.7616025598净现金流年份金额现金流量生涯仿真图 82000 136979.484717302 352930.613434604 641914.255471905 1042419.93902881 1547852.1509509 2234759.06905553 3074266.75976178 4096566.40576771 5337898.41315629 6818492.73587813 8617280.32155143 10791034.6833184 13414845.7932849 16324290.435497 19602112.4836703 24006684.461869 29660369.9221073 32911458.775077 32907971.1343984 32903809.9224759 32898954.9321722 32893385.3501359 32887079.7386149 32880016.0167248 32872171.4411545 32863522.5862935 32854045.3237631 32843714.8013334 32832505.4212072 32820390.8176536 32807343.83397 32785151.7646347 32761970.5332193 32737770.4648614 32712520.9944528 32686190.6399319 32658746.9747755 32630156.5996643 32600385.1132998 32569397.0823443 32537156.0104602 32503624.3064196 32468763.2512577 32432532.964441 32394892.3690198 32355799.155736 32315209.7460536 32273079.2540808 32229361.4473488 32184008.7064148 32136971.9832528 32088200.758396 32037642.9967934理财准备年份金额理财准备生涯仿真图婚后合并收入支出表假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 125690 254310 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 76000 304000 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 254310 总计 170500 净收入 83810 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 14.77% 工资所得 48240 14.41% 赡养费 48000 29.53% 房租收入 32254.8 9.63% 生活费用 60000 36.91% 保费支出 4000 2.46% 房贷支出 26546.28 16.33% 总计 334804.8 总计 162546.28 净收入 172258.52房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产2余值 房产3余值 房产总计价值 2006 500000 250000 1000000 1750000 2007 5.00% 2.00% 514500 257250 1029000 1800750 2008 5.00% 2.00% 529421 264710 1058841 1852972 2009 5.00% 2.00% 544774 272387 1089547 1906708 2010 5.00% 2.00% 560572 280286 1121144 1962002 2011 5.00% 2.00% 576829 288414 1153657 2018901 2012 5.00% 2.00% 593557 296778 1187114 2077449 2013 5.00% 2.00% 610770 305385 1221540 2137695 2014 5.00% 2.00% 628482 314241 1256964 2199688 2015 5.00% 2.00% 646708 323354 1293416 2263479 2016 5.00% 2.00% 665463 332731 1330926 2329120 2017 5.00% 2.00% 684761 342381 1369522 2396664 2018 5.00% 2.00% 704619 352310 1409238 2466167 2019 5.00% 2.00% 725053 362527 1450106 2537686 2020 5.00% 2.00% 746080 373040 1492159 2611279 2021 5.00% 2.00% 767716 383858 1535432 2687006 2022 5.00% 2.00% 789980 394990 1579960 2764929 2023 5.00% 2.00% 812889 406445 1625778 2845112 退休时 2024 5.00% 2.00% 836463 418232 1672926 2927621 2025 5.00% 2.00% 860720 430360 1721441 3012522 2026 5.00% 2.00% 885681 442841 1771363 3099885 2027 5.00% 2.00% 911366 455683 1822732 3189781 2028 5.00% 2.00% 937796 468898 1875591 3282285 2029 5.00% 2.00% 964992 482496 1929984 3377471 2030 5.00% 2.00% 992977 496488 1985953 3475418 2031 5.00% 2.00% 1021773 510886 2043546 3576205 2032 5.00% 2.00% 1051404 525702 2102809 3679915 2033 5.00% 2.00% 1081895 540948 2163790 3786633 2034 5.00% 2.00% 1113270 556635 2226540 3896445 2035 5.00% 2.00% 1145555 572777 2291110 4009442 2036 5.00% 2.00% 1178776 589388 2357552 4125716 2037 5.00% 2.00% 1212960 606480 2425921 4245361 2038 5.00% 2.00% 1248136 624068 2496273 4368477 2039 5.00% 2.00% 1284332 642166 2568664 4495163 2040 5.00% 2.00% 1321578 660789 2643156 4625522 2041 5.00% 2.00% 1359904 679952 2719807 4759663 2042 5.00% 2.00% 1399341 699670 2798682 4897693 2043 5.00% 2.00% 1439922 719961 2879843 5039726 2044 5.00% 2.00% 1481679 740840 2963359 5185878 2045 5.00% 2.00% 1524648 762324 3049296 5336268 2046 5.00% 2.00% 1568863 784431 3137726 5491020 2047 5.00% 2.00% 1614360 807180 3228720 5650260 2048 5.00% 2.00% 1661176 830588 3322353 5814117 2049 5.00% 2.00% 1709350 854675 3418701 5982727 2050 5.00% 2.00% 1758922 879461 3517843 6156226 2051 5.00% 2.00% 1809930 904965 3619861 6334756 2052 5.00% 2.00% 1862418 931209 3724837 6518464 2053 5.00% 2.00% 1916428 958214 3832857 6707500 2054 5.00% 2.00% 1972005 986002 3944010 6902017 2055 5.00% 2.00% 2029193 1014597 4058386 7102176 2056 5.00% 2.00% 2088040 1044020 4176079 7308139养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 254310.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83810.00 103810.00 1000000.00 2 2007 305172.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 130352.00 234162.00 1200000.00 3 2008 366206.40 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186936.80 421098.80 1440000.00 4 2009 439447.68 (52450.90) (39338.17) (65563.62) (2500.00) 279594.99 700693.79 1728000.00 5 2010 527337.22 (54024.42) (40518.32) (67530.53) (2500.00) 362763.95 1063457.74 2073600.00 6 2011 632804.66 (41733.87) (69556.44) (2500.00) 519014.35 1582472.09 2280960.00 7 2012 696085.13 (42985.88) (71643.14) (2500.00) 578956.10 2161428.19 2509056.00 8 2013 765693.64 (44275.46) (73792.43) (2500.00) 645125.75 2806553.94 2759961.60 9 2014 842263.00 (45603.72) (76006.20) (2500.00) 718153.07 3524707.01 3035957.76 10 2015 大学学费 926489.30 (46971.83) (78286.39) (2500.00) (23269.92) 775461.15 4300168.16 3339553.54 11 2016 大学学费 1019138.23 (48380.99) (80634.98) (24433.42) 865688.84 5165857.00 3673508.89 12 2017 大学学费 1121052.05 (49832.42) (83054.03) (25655.09) 962510.51 6128367.52 4040859.78 13 2018 大学学费 1233157.26 (51327.39) (85545.65) (26937.84) 1069346.37 7197713.89 4444945.76 14 2019 女儿出国留学 1356472.99 (52867.21) (88112.02) (282847.37) 932646.38 8130360.27 4889440.33 15 2020 女儿出国留学 1492120.29 (54453.23) (90755.38) (296989.74) 1049921.93 9180282.20 5378384.37 16 2021 1641332.31 (56086.83) (93478.04) 1491767.44 10672049.64 5916222.80 17 2022 1805465.54 (57769.43) (96282.39) 1651413.73 12323463.37 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 12664789.99 19 2024 (61287.59) (102145.98) (163433.57) 12501356.42 20 2025 (63126.22) (105210.36) (168336.58) 12333019.84 21 2026 (65020.00) (108366.67) (173386.68) 12159633.16 22 2027 (66970.60) (111617.67) (178588.28) 11981044.88 23 2028 (68979.72) (114966.20) (183945.93) 11797098.95 24 2029 (71049.11) (118415.19) (189464.31) 11607634.65 25 2030 (73180.59) (121967.65) (195148.23) 11412486.41 26 2031 (75376.01) (125626.68) (201002.68) 11211483.73 27 2032 (77637.29) (129395.48) (207032.76) 11004450.97 28 2033 (79966.40) (133277.34) (213243.74) 10791207.23 29 2034 (82365.40) (137275.66) (219641.06) 10571566.17 30 2035 (84836.36) (141393.93) (226230.29) 10345335.88 31 2036 (87381.45) (145635.75) (233017.20) 10112318.68 32 2037 (90002.89) (150004.82) (240007.71) 9872310.97 33 2038 (92702.98) (154504.97) (247207.94) 9625103.03 34 2039 (95484.07) (159140.11) (254624.18) 9370478.84 35 2040 (98348.59) (163914.32) (262262.91) 9108215.94 36 2041 (101299.05) (168831.75) (270130.80) 8838085.14 37 2042 (104338.02) (173896.70) (278234.72) 8559850.42 38 2043 (107468.16) (179113.60) (286581.76) 8273268.66 39 2044 (110692.21) (184487.01) (295179.21) 7978089.45 40 2045 (114012.97) (190021.62) (304034.59) 7674054.86 41 2046 (117433.36) (195722.27) (313155.63) 7360899.23 42 2047 (120956.36) (201593.94) (322550.30) 7038348.93 43 2048 (124585.05) (207641.75) (332226.81) 6706122.12 44 2049 (128322.60) (213871.01) (342193.61) 6363928.51 45 2050 (132172.28) (220287.14) (352459.42) 6011469.10 46 2051 (136137.45) (226895.75) (363033.20) 5648435.90 47 2052 (140221.57) (233702.62) (373924.20) 5274511.70 48 2053 (144428.22) (240713.70) (385141.92) 4889369.78 49 2054 (148761.07) (247935.11) (396696.18) 4492673.60 50 2055 (153223.90) (255373.17) (408597.07) 4084076.53 51 2056 (157820.62) (263034.36) (420854.98) 3663221.55 52 2057 (162555.24) (270925.39) (433480.63) 3229740.92 53 2058 (167431.89) (279053.15) (446485.05) 2783255.88张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66 52 2057 31355.86 145644.07 (216740.31) (39740.38) 199461.28 53 2058 31973.14 150013.39 (223242.52) (41255.99) 158205.29调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 254310.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168658.52 250658.52 184473.72 2 2007 305172.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219692.16 470350.68 168091.94 3 2008 366206.40 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 280799.08 751149.75 150807.52 4 2009 439447.68 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 378010.40 1129160.15 132570.73 5 2010 527337.22 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 465764.06 1594924.21 113329.10 6 2011 632804.66 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 626631.33 2221555.54 93027.25 7 2012 696085.13 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 691222.71 2912778.26 71606.77 8 2013 765693.64 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 762075.35 3674853.61 49006.02 9 2014 842263.00 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 839819.69 4514673.29 25159.97 10 2015 大学学费 926489.30 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 901879.43 5416552.72 (0.00) 11 2016 2人大学学费 1019138.23 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 999006.98 6415559.70 12 2017 2人大学学费 1121052.05 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1099430.00 7514989.71 13 2018 2人大学学费 1233157.26 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1209842.87 8724832.57 14 2019 留学/大学学费 1356472.99 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1076693.22 9801525.79 15 2020 2人出国留学 1492120.29 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 930199.23 10731725.02 16 2021 出国留学 1641332.31 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1362169.73 12093894.76 17 2022 1805465.54 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1838669.53 13932564.29 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 497166.31 14429730.60 19 2024 26722.37 54911.64 (85121.65) (3487.64) 14426242.96 20 2025 26955.10 56558.99 (87675.30) (4161.21) 14422081.75 21 2026 27194.81 58255.76 (90305.56) (4854.99) 14417226.76 22 2027 27441.72 60003.43 (93014.73) (5569.58) 14411657.18 23 2028 27696.03 61803.53 (95805.17) (6305.61) 14405351.57 24 2029 27957.97 63657.64 (98679.33) (7063.72) 14398287.85 25 2030 28227.76 65567.37 (101639.71) (7844.58) 14390443.27 26 2031 28505.65 67534.39 (104688.90) (8648.85) 14381794.42 27 2032 28791.88 69560.42 (107829.56) (9477.26) 14372317.15 28 2033 29086.70 71647.23 (111064.45) (10330.52) 14361986.63 29 2034 29390.35 73796.65 (114396.38) (11209.38) 14350777.25 30 2035 29703.12 76010.55 (117828.28) (12114.60) 14338662.65 31 2036 30025.27 78290.87 (121363.12) (13046.98) 14325615.66 32 2037 22172.36 80639.59 (125004.02) (22192.07) 14303423.59 33 2038 22514.13 83058.78 (128754.14) (23181.23) 14280242.36 34 2039 22866.15 85550.54 (132616.76) (24200.07) 14256042.29 35 2040 23228.74 88117.06 (136595.26) (25249.47) 14230792.82 36 2041 23602.20 90760.57 (140693.12) (26330.35) 14204462.47 37 2042 23986.86 93483.39 (144913.92) (27443.67) 14177018.80 38 2043 24383.07 96287.89 (149261.33) (28590.38) 14148428.43 39 2044 24791.16 99176.53 (153739.17) (29771.49) 14118656.94 40 2045 25211.50 102151.82 (158351.35) (30988.03) 14087668.91 41 2046 25644.44 105216.38 (163101.89) (32241.07) 14055427.84 42 2047 26090.37 108372.87 (167994.95) (33531.70) 14021896.14 43 2048 26549.69 111624.05 (173034.79) (34861.06) 13987035.08 44 2049 27022.78 114972.78 (178225.84) (36230.29) 13950804.79 45 2050 27510.06 118421.96 (183572.61) (37640.60) 13913164.20 46 2051 28011.96 121974.62 (189079.79) (39093.21) 13874070.98 47 2052 28528.92 125633.86 (194752.19) (40589.41) 13833481.58 48 2053 29061.39 129402.87 (200594.75) (42130.49) 13791351.08 49 2054 29609.83 133284.96 (206612.59) (43717.81) 13747633.28 50 2055 30174.72 137283.51 (212810.97) (45352.74) 13702280.54 51 2056 30756.57 141402.01 (219195.30) (47036.72) 13655243.81 52 2057 31355.86 145644.07 (225771.16) (48771.22) 13606472.59 53 2058 31973.14 150013.39 (232544.29) (50557.76) 13555914.83 总计 15924547.70 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (200000.00) (65462.82) 13473914.83调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 304000.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 428894.80 (373915.32) 54979.48 136979.48 804719.68 2 2007 364800.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 494546.44 (278595.32) 215951.13 352930.61 757050.99 3 2008 437760.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 572399.36 (283415.72) 288983.64 641914.26 706867.01 4 2009 525312.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 664886.41 (264380.73) 400505.68 1042419.94 654034.07 5 2010 630374.40 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 774926.90 (269494.69) 505432.21 1547852.15 598411.33 6 2011 756449.28 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 906023.83 (219116.92) 686906.92 2234759.07 539850.41 7 2012 907739.14 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 1062380.65 (222872.96) 839507.69 3074266.76 478195.02 8 2013 1089286.96 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 1249041.34 (226741.69) 1022299.65 4096566.41 413280.48 9 2014 1307144.36 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 1472058.49 (230726.48) 1241332.01 5337898.41 344933.29 10 2015 大学学费 1568573.23 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 1738695.07 (258100.74) 1480594.32 6818492.74 272970.68 11 2016 2人大学学费 1882287.87 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 2057666.43 (258878.84) 1798787.59 8617280.32 223746.35 12 2017 2人大学学费 2258745.45 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 2439430.83 (265676.47) 2173754.36 10791034.68 171973.84 13 2018 2人大学学费 2710494.54 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 2896538.01 (272726.90) 2623811.11 13414845.79 117519.96 14 2019 留学/大学学费 3252593.44 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 3444047.42 (534602.78) 2909444.64 16324290.44 60244.54 15 2020 2人出国留学 3903112.13 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 4100030.25 (822208.20) 3277822.05 19602112.48 (0.00) 16 2021 出国留学 4683734.56 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 4886171.69 (481599.71) 4404571.98 24006684.46 17 2022 5620481.47 51440.00 51759.49 104812.80 (173308.30) (1500.00) 5828493.76 (174808.30) 5653685.46 29660369.92 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 579808.69 (82642.38) 497166.31 30157536.23 19 2024 26722.37 54911.64 (85121.65) 81634.01 (85121.65) (3487.64) 30154048.59 20 2025 26955.10 56558.99 (87675.30) 83514.09 (87675.30) (4161.21) 30149887.38 21 2026 27194.81 58255.76 (90305.56) 85450.57 (90305.56) (4854.99) 30145032.39 22 2027 27441.72 60003.43 (93014.73) 87445.15 (93014.73) (5569.58) 30139462.81 23 2028 27696.03 61803.53 (95805.17) 89499.56 (95805.17) (6305.61) 30133157.20 24 2029 27957.97 63657.64 (98679.33) 91615.60 (98679.33) (7063.72) 30126093.48 25 2030 28227.76 65567.37 (101639.71) 93795.13 (101639.71) (7844.58) 30118248.90 26 2031 28505.65 67534.39 (104688.90) 96040.04 (104688.90) (8648.85) 30109600.05 27 2032 28791.88 69560.42 (107829.56) 98352.30 (107829.56) (9477.26) 30100122.78 28 2033 29086.70 71647.23 (111064.45) 100733.93 (111064.45) (10330.52) 30089792.26 29 2034 29390.35 73796.65 (114396.38) 103187.00 (114396.38) (11209.38) 30078582.88 30 2035 29703.12 76010.55 (117828.28) 105713.67 (117828.28) (12114.60) 30066468.28 31 2036 30025.27 78290.87 (121363.12) 108316.14 (121363.12) (13046.98) 30053421.29 32 2037 22172.36 80639.59 (125004.02) 102811.95 (125004.02) (22192.07) 30031229.22 33 2038 22514.13 83058.78 (128754.14) 105572.91 (128754.14) (23181.23) 30008047.99 34 2039 22866.15 85550.54 (132616.76) 108416.69 (132616.76) (24200.07) 29983847.92 35 2040 23228.74 88117.06 (136595.26) 111345.79 (136595.26) (25249.47) 29958598.45 36 2041 23602.20 90760.57 (140693.12) 114362.77 (140693.12) (26330.35) 29932268.10 37 2042 23986.86 93483.39 (144913.92) 117470.25 (144913.92) (27443.67) 29904824.43 38 2043 24383.07 96287.89 (149261.33) 120670.96 (149261.33) (28590.38) 29876234.06 39 2044 24791.16 99176.53 (153739.17) 123967.69 (153739.17) (29771.49) 29846462.57 40 2045 25211.50 102151.82 (158351.35) 127363.32 (158351.35) (30988.03) 29815474.54 41 2046 25644.44 105216.38 (163101.89) 130860.82 (163101.89) (32241.07) 29783233.47 42 2047 26090.37 108372.87 (167994.95) 134463.24 (167994.95) (33531.70) 29749701.77 43 2048 26549.69 111624.05 (173034.79) 138173.74 (173034.79) (34861.06) 29714840.71 44 2049 27022.78 114972.78 (178225.84) 141995.55 (178225.84) (36230.29) 29678610.42 45 2050 27510.06 118421.96 (183572.61) 145932.02 (183572.61) (37640.60) 29640969.83 46 2051 28011.96 121974.62 (189079.79) 149986.58 (189079.79) (39093.21) 29601876.61 47 2052 28528.92 125633.86 (194752.19) 154162.78 (194752.19) (40589.41) 29561287.21 48 2053 29061.39 129402.87 (200594.75) 158464.26 (200594.75) (42130.49) 29519156.71 49 2054 29609.83 133284.96 (206612.59) 162894.79 (206612.59) (43717.81) 29475438.91 50 2055 30174.72 137283.51 (212810.97) 167458.23 (212810.97) (45352.74) 29430086.17 51 2056 30756.57 141402.01 (219195.30) 172158.58 (219195.30) (47036.72) 29383049.44 52 2057 31355.86 145644.07 (225771.16) 176999.94 (225771.16) (48771.22) 29334278.22 53 2058 31973.14 150013.39 (232544.29) 181986.53 (232544.29) (50557.76) 29283720.46 合计 32702888.82 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1494273.45) (850000.00) (365998.32) 39868856.95 (10667136.49) 29201720.46生涯仿真图 生涯仿真图 428894.8 -373915.315282698 494546.444 -278595.315282698 572399.35732 -283415.715282698 664886.4108396 -264380.727282698 774926.901564788 -269494.689642698 906023.833411732 -219116.915307098 1062380.65401408 -222872.96330783 1249041.33875451 -226741.692748584 1472058.49146114 -230726.484072561 1738695.06509778 -258100.742375934 2057666.42644207 -258878.840768764 2439430.83354496 -265676.471778005 2896538.00852287 -272726.898556326 3444047.42474443 -534602.782532378 4100030.2512858 -822208.203112446 4886171.68610323 -481599.707904588 5828493.75566095 -174808.295422669 579808.693598956 -82642.3816135875 81634.0123833954 -85121.6530619952 83514.0907313679 -87675.302653855 85450.5714297795 -90305.5617334707 87445.1465491435 -93014.7285854748 89499.5589220884 -95805.1704430391 91615.6036662216 -98679.3255563302 93795.1297526788 -101639.70532302 96040.0416217298 -104688.896482711 98352.3008468523 -107829.563377192 100733.927848728 -111064.450278508 103187.003660661 -114396.383786863 105713.671746951 -117828.275300469 108316.13987583 -121363.123559483 102811.947930929 -125004.017266268 105572.906368857 -128754.137784256 108416.693559922 -132616.761917783 111345.79436672 -136595.264775317 114362.768197722 -140693.122718576 117470.251243653 -144913.916400134 120670.958780963 -149261.333892138 123967.687544392 -153739.173908902 127363.318170724 -158351.349126169 130860.817715845 -163101.889599954 134463.242247321 -167994.946287952 138173.73951474 -173034.794676591 141995.551700183 -178225.838516889 145932.018251188 -183572.613672395 149986.578798724 -189079.792082567 154162.776162685 -194752.185845044 158464.259447566 -200594.751420396 162894.787230993 -206612.593963008 167458.230847923 -212810.971781898 172158.57777336 -219195.300935355 176999.935106561 -225771.159963415 181986.533159758 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图 54979.4847173018 215951.128717302 288983.642037302 400505.683556902 505432.21192209 686906.918104633 839507.690706254 1022299.64600592 1241332.00738858 1480594.32272184 1798787.58567331 2173754.36176696 2623811.10996654 2909444.64221205 3277822.04817336 4404571.97819864 5653685.46023828 497166.311985369 -3487.6406785998 -4161.2119224871 -4854.9903036912 -5569.5820363313 -6305.6115209507 -7063.7218901086 -7844.5755703413 -8648.8548609809 -9477.2625303398 -10330.5224297794 -11209.3801262022 -12114.6035535177 -13046.9836836526 -22192.0693353387 -23181.2314153988 -24200.0683578608 -25249.4704085966 -26330.3545208545 -27443.6651564801 -28590.3751111745 -29771.4863645098 -30988.0309554451 -32241.0718841084 -33531.7040406317 -34861.0551618506 -36230.2868167062 -37640.5954212074 -39093.2132838436 -40589.4096823589 -42130.4919728297 -43717.8067320146 -45352.7409339751 -47036.7231619943 -48771.2248568542 -50557.7616025598净现金流年份金额现金流量生涯仿真图 82000 136979.484717302 352930.613434604 641914.255471905 1042419.93902881 1547852.1509509 2234759.06905553 3074266.75976178 4096566.40576771 5337898.41315629 6818492.73587813 8617280.32155143 10791034.6833184 13414845.7932849 16324290.435497 19602112.4836703 24006684.461869 29660369.9221073 30157536.2340926 30154048.593414 30149887.3814915 30145032.3911879 30139462.8091515 30133157.1976306 30126093.4757405 30118248.9001701 30109600.0453091 30100122.7827788 30089792.260349 30078582.8802228 30066468.2766693 30053421.2929857 30031229.2236503 30008047.9922349 29983847.9238771 29958598.4534685 29932268.0989476 29904824.4337911 29876234.05868 29846462.5723154 29815474.54136 29783233.4694759 29749701.7654353 29714840.7102734 29678610.4234567 29640969.8280355 29601876.6147517 29561287.2050693 29519156.7130965 29475438.9063645 29430086.1654305 29383049.4422685 29334278.2174116 29283720.4558091理财准备年份金额理财准备生涯仿真图根据上述婚前的各项条件，可分别计算出王自强和张怡君的现金流量表家庭财务诊断 指标 数值 理想经验数值 计算过程 资产负债率 10.33% 小于50% 负债/资产*100% 流动性比率 7.26 3-8 流动性资产/每月支出 净资产流动比率 4.72% 15% 流动性资产/净资产*100 消费比率 40.62% 60% 消费支出/收入总额*100% 储蓄率 59.38% 40% 1-消费率 债务偿还比率 7.93% 小于35% 每月债务偿还总额/每月扣税后的收入总额*100% 净资产投资率 28.79% 大于50% 投资资产总额（生息资产）/净资产*100% 财务自由度 186.99% 100% 月投资性收入/月消费支出婚前协议 由于双方都是再婚且各有子女，为避免今后不必要的纠纷，签订婚前协议书婚前协议 婚前公证必带材料：个人的身份证明，如身份证、户口簿，如果结婚需带结婚证。 与约定内容有关的财产所有权证明，如房产证、未拿到产权证的带购房合同和付款发票。 双方已经草拟好的协议书，协议书也可以由公证人员起草。 婚前财产的使用、维修、处分的原则等。 婚前保险等权利的收益继承问题。 准备好上述材料后，双方必须共同亲自到公证处提出公证申请，填写公证的申请表格。办理婚前财产公证每起500元。婚前协议示范节税规划 王自强先生目前经营的是个人独资企业，每年应缴所得税：（380000-1600*12）*35%-6750=119530元 如将其改制为合伙制企业，则每年应缴所得税：（190000-1600*12）*35%-6750=53030元2*53030=106060元差额为119530-106060=13470元建议将王自强个人独资企业改制为由他与张怡君的合伙制企业。此外，建议王自强个人及企业交缴个人公积金与养老金，可以在税前列支，也可以为养老增加一份保障。购房规划 方案一：将张小姐现居住的50平米的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。购房规划利息总支出为300535.49，纯商业贷款利息支出为321995.21可节省利息21459.72元 　 年份 首付金额 公积金贷款 商业贷款 　 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 　 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 　 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 　 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 　 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 　 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 　 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 　 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 　 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 　 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 　 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 　 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 　 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 　 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 　 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 　 0.00 　 　 0.00 　 　购房规划 方案二：将50平米的用房出租，取得月租金1500元，租十五年，租金现值为26.7万元。将100平米住房转让，取得收入30（50-20）万元，另筹备5万元，共计35万元作为新房首付。再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。但与原投资用房租金收入相比，租金收入减少约27万元。 购房规划 结论：上述两种方案都能实现其购房计划，但方案二将投资用房出售会降低未来的租金收入，故建议王自强选择方案一，同时可将张怡君公积金帐户中的余额40000元冲抵贷款。保险规划 婚前双方投保情况：1、王自强已投保终身寿险10万元，保费每年2500元，需缴费20年，已缴10年，现金价值有3万元，以女儿为受益人。2、张怡君目前有意外险50万元与55岁满期定期寿险20万元，每年缴费1,500元，寿险现金价值为5,000元，以女儿为受益人。从现有保险情况来看，张女士现有保险已经很充分，不必再做调整。而王先生做为个人独资企业老板，又是家庭收入的主要来源，其风险保障很不充分。建议在原有保险基础上增加保障保险规划按遗属需要法，考虑未来5年的家庭支出需要，计算保险需求为： 所需保额=五年生活支出+子女教育金目标额+贷款余额-生息资产=900，000+720，000+850,000-500，000=1，970，000元.减去现有保障10万元,尚需187万元.保险规划 建议投保定期寿险120万元，该产品具有人性化的 设计 领导形象设计圆作业设计ao工艺污水处理厂设计附属工程施工组织设计清扫机器人结构设计 ，保险权益转换，实现一代投保两代受益，平准型缴费，递增型保额等特点，可满足特定生命周期保障需求，充分体现人生价值 建议投保住院医疗附加险，该产品基本保险责任范围广，住院医疗，重症监护，外科手术等方面均有津贴。此外，该保险还有特约保险责任，康复津贴。 建议投保企业财产基本险，该保险承保因火灾，偷盗等原因造成的企业固定资产和存货等方面的损失。 建议投保雇主责任保险，该保险承保被保险人的雇员在受雇期间工作时遭受意外事故导致伤害或者死亡，由被保险人依照法律或者雇用合同应承担的经济赔偿责任。**可编辑保险规划年新增保费：9604元，年保费合计：13，604元，小于年税后收入的5%。王自强寿险保额为170万元，小于年税后收入的五倍192万元。假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 125690 254310 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 76000 304000 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 254310 总计 170500 净收入 83810 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 14.77% 工资所得 48240 14.41% 赡养费 48000 29.53% 房租收入 32254.8 9.63% 生活费用 60000 36.91% 保费支出 4000 2.46% 房贷支出 26546.28 16.33% 总计 334804.8 总计 162546.28 净收入 172258.52房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产2余值 房产3余值 房产总计价值 2006 500000 250000 1000000 1750000 2007 5.00% 2.00% 514500 257250 1029000 1800750 2008 5.00% 2.00% 529421 264710 1058841 1852972 2009 5.00% 2.00% 544774 272387 1089547 1906708 2010 5.00% 2.00% 560572 280286 1121144 1962002 2011 5.00% 2.00% 576829 288414 1153657 2018901 2012 5.00% 2.00% 593557 296778 1187114 2077449 2013 5.00% 2.00% 610770 305385 1221540 2137695 2014 5.00% 2.00% 628482 314241 1256964 2199688 2015 5.00% 2.00% 646708 323354 1293416 2263479 2016 5.00% 2.00% 665463 332731 1330926 2329120 2017 5.00% 2.00% 684761 342381 1369522 2396664 2018 5.00% 2.00% 704619 352310 1409238 2466167 2019 5.00% 2.00% 725053 362527 1450106 2537686 2020 5.00% 2.00% 746080 373040 1492159 2611279 2021 5.00% 2.00% 767716 383858 1535432 2687006 2022 5.00% 2.00% 789980 394990 1579960 2764929 2023 5.00% 2.00% 812889 406445 1625778 2845112 退休时 2024 5.00% 2.00% 836463 418232 1672926 2927621 2025 5.00% 2.00% 860720 430360 1721441 3012522 2026 5.00% 2.00% 885681 442841 1771363 3099885 2027 5.00% 2.00% 911366 455683 1822732 3189781 2028 5.00% 2.00% 937796 468898 1875591 3282285 2029 5.00% 2.00% 964992 482496 1929984 3377471 2030 5.00% 2.00% 992977 496488 1985953 3475418 2031 5.00% 2.00% 1021773 510886 2043546 3576205 2032 5.00% 2.00% 1051404 525702 2102809 3679915 2033 5.00% 2.00% 1081895 540948 2163790 3786633 2034 5.00% 2.00% 1113270 556635 2226540 3896445 2035 5.00% 2.00% 1145555 572777 2291110 4009442 2036 5.00% 2.00% 1178776 589388 2357552 4125716 2037 5.00% 2.00% 1212960 606480 2425921 4245361 2038 5.00% 2.00% 1248136 624068 2496273 4368477 2039 5.00% 2.00% 1284332 642166 2568664 4495163 2040 5.00% 2.00% 1321578 660789 2643156 4625522 2041 5.00% 2.00% 1359904 679952 2719807 4759663 2042 5.00% 2.00% 1399341 699670 2798682 4897693 2043 5.00% 2.00% 1439922 719961 2879843 5039726 2044 5.00% 2.00% 1481679 740840 2963359 5185878 2045 5.00% 2.00% 1524648 762324 3049296 5336268 2046 5.00% 2.00% 1568863 784431 3137726 5491020 2047 5.00% 2.00% 1614360 807180 3228720 5650260 2048 5.00% 2.00% 1661176 830588 3322353 5814117 2049 5.00% 2.00% 1709350 854675 3418701 5982727 2050 5.00% 2.00% 1758922 879461 3517843 6156226 2051 5.00% 2.00% 1809930 904965 3619861 6334756 2052 5.00% 2.00% 1862418 931209 3724837 6518464 2053 5.00% 2.00% 1916428 958214 3832857 6707500 2054 5.00% 2.00% 1972005 986002 3944010 6902017 2055 5.00% 2.00% 2029193 1014597 4058386 7102176 2056 5.00% 2.00% 2088040 1044020 4176079 7308139养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 254310.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83810.00 103810.00 1000000.00 2 2007 305172.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 130352.00 234162.00 1200000.00 3 2008 366206.40 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186936.80 421098.80 1440000.00 4 2009 439447.68 (52450.90) (39338.17) (65563.62) (2500.00) 279594.99 700693.79 1728000.00 5 2010 527337.22 (54024.42) (40518.32) (67530.53) (2500.00) 362763.95 1063457.74 2073600.00 6 2011 632804.66 (41733.87) (69556.44) (2500.00) 519014.35 1582472.09 2280960.00 7 2012 696085.13 (42985.88) (71643.14) (2500.00) 578956.10 2161428.19 2509056.00 8 2013 765693.64 (44275.46) (73792.43) (2500.00) 645125.75 2806553.94 2759961.60 9 2014 842263.00 (45603.72) (76006.20) (2500.00) 718153.07 3524707.01 3035957.76 10 2015 大学学费 926489.30 (46971.83) (78286.39) (2500.00) (23269.92) 775461.15 4300168.16 3339553.54 11 2016 大学学费 1019138.23 (48380.99) (80634.98) (24433.42) 865688.84 5165857.00 3673508.89 12 2017 大学学费 1121052.05 (49832.42) (83054.03) (25655.09) 962510.51 6128367.52 4040859.78 13 2018 大学学费 1233157.26 (51327.39) (85545.65) (26937.84) 1069346.37 7197713.89 4444945.76 14 2019 女儿出国留学 1356472.99 (52867.21) (88112.02) (282847.37) 932646.38 8130360.27 4889440.33 15 2020 女儿出国留学 1492120.29 (54453.23) (90755.38) (296989.74) 1049921.93 9180282.20 5378384.37 16 2021 1641332.31 (56086.83) (93478.04) 1491767.44 10672049.64 5916222.80 17 2022 1805465.54 (57769.43) (96282.39) 1651413.73 12323463.37 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 12664789.99 19 2024 (61287.59) (102145.98) (163433.57) 12501356.42 20 2025 (63126.22) (105210.36) (168336.58) 12333019.84 21 2026 (65020.00) (108366.67) (173386.68) 12159633.16 22 2027 (66970.60) (111617.67) (178588.28) 11981044.88 23 2028 (68979.72) (114966.20) (183945.93) 11797098.95 24 2029 (71049.11) (118415.19) (189464.31) 11607634.65 25 2030 (73180.59) (121967.65) (195148.23) 11412486.41 26 2031 (75376.01) (125626.68) (201002.68) 11211483.73 27 2032 (77637.29) (129395.48) (207032.76) 11004450.97 28 2033 (79966.40) (133277.34) (213243.74) 10791207.23 29 2034 (82365.40) (137275.66) (219641.06) 10571566.17 30 2035 (84836.36) (141393.93) (226230.29) 10345335.88 31 2036 (87381.45) (145635.75) (233017.20) 10112318.68 32 2037 (90002.89) (150004.82) (240007.71) 9872310.97 33 2038 (92702.98) (154504.97) (247207.94) 9625103.03 34 2039 (95484.07) (159140.11) (254624.18) 9370478.84 35 2040 (98348.59) (163914.32) (262262.91) 9108215.94 36 2041 (101299.05) (168831.75) (270130.80) 8838085.14 37 2042 (104338.02) (173896.70) (278234.72) 8559850.42 38 2043 (107468.16) (179113.60) (286581.76) 8273268.66 39 2044 (110692.21) (184487.01) (295179.21) 7978089.45 40 2045 (114012.97) (190021.62) (304034.59) 7674054.86 41 2046 (117433.36) (195722.27) (313155.63) 7360899.23 42 2047 (120956.36) (201593.94) (322550.30) 7038348.93 43 2048 (124585.05) (207641.75) (332226.81) 6706122.12 44 2049 (128322.60) (213871.01) (342193.61) 6363928.51 45 2050 (132172.28) (220287.14) (352459.42) 6011469.10 46 2051 (136137.45) (226895.75) (363033.20) 5648435.90 47 2052 (140221.57) (233702.62) (373924.20) 5274511.70 48 2053 (144428.22) (240713.70) (385141.92) 4889369.78 49 2054 (148761.07) (247935.11) (396696.18) 4492673.60 50 2055 (153223.90) (255373.17) (408597.07) 4084076.53 51 2056 (157820.62) (263034.36) (420854.98) 3663221.55 52 2057 (162555.24) (270925.39) (433480.63) 3229740.92 53 2058 (167431.89) (279053.15) (446485.05) 2783255.88张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66 52 2057 31355.86 145644.07 (216740.31) (39740.38) 199461.28 53 2058 31973.14 150013.39 (223242.52) (41255.99) 158205.29调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 254310.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168658.52 250658.52 184473.72 2 2007 305172.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219692.16 470350.68 168091.94 3 2008 366206.40 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 280799.08 751149.75 150807.52 4 2009 439447.68 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 378010.40 1129160.15 132570.73 5 2010 527337.22 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 465764.06 1594924.21 113329.10 6 2011 632804.66 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 626631.33 2221555.54 93027.25 7 2012 696085.13 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 691222.71 2912778.26 71606.77 8 2013 765693.64 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 762075.35 3674853.61 49006.02 9 2014 842263.00 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 839819.69 4514673.29 25159.97 10 2015 大学学费 926489.30 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 901879.43 5416552.72 (0.00) 11 2016 2人大学学费 1019138.23 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 999006.98 6415559.70 12 2017 2人大学学费 1121052.05 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1099430.00 7514989.71 13 2018 2人大学学费 1233157.26 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1209842.87 8724832.57 14 2019 留学/大学学费 1356472.99 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1076693.22 9801525.79 15 2020 2人出国留学 1492120.29 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 930199.23 10731725.02 16 2021 出国留学 1641332.31 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1362169.73 12093894.76 17 2022 1805465.54 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1838669.53 13932564.29 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 497166.31 14429730.60 19 2024 26722.37 54911.64 (85121.65) (3487.64) 14426242.96 20 2025 26955.10 56558.99 (87675.30) (4161.21) 14422081.75 21 2026 27194.81 58255.76 (90305.56) (4854.99) 14417226.76 22 2027 27441.72 60003.43 (93014.73) (5569.58) 14411657.18 23 2028 27696.03 61803.53 (95805.17) (6305.61) 14405351.57 24 2029 27957.97 63657.64 (98679.33) (7063.72) 14398287.85 25 2030 28227.76 65567.37 (101639.71) (7844.58) 14390443.27 26 2031 28505.65 67534.39 (104688.90) (8648.85) 14381794.42 27 2032 28791.88 69560.42 (107829.56) (9477.26) 14372317.15 28 2033 29086.70 71647.23 (111064.45) (10330.52) 14361986.63 29 2034 29390.35 73796.65 (114396.38) (11209.38) 14350777.25 30 2035 29703.12 76010.55 (117828.28) (12114.60) 14338662.65 31 2036 30025.27 78290.87 (121363.12) (13046.98) 14325615.66 32 2037 22172.36 80639.59 (125004.02) (22192.07) 14303423.59 33 2038 22514.13 83058.78 (128754.14) (23181.23) 14280242.36 34 2039 22866.15 85550.54 (132616.76) (24200.07) 14256042.29 35 2040 23228.74 88117.06 (136595.26) (25249.47) 14230792.82 36 2041 23602.20 90760.57 (140693.12) (26330.35) 14204462.47 37 2042 23986.86 93483.39 (144913.92) (27443.67) 14177018.80 38 2043 24383.07 96287.89 (149261.33) (28590.38) 14148428.43 39 2044 24791.16 99176.53 (153739.17) (29771.49) 14118656.94 40 2045 25211.50 102151.82 (158351.35) (30988.03) 14087668.91 41 2046 25644.44 105216.38 (163101.89) (32241.07) 14055427.84 42 2047 26090.37 108372.87 (167994.95) (33531.70) 14021896.14 43 2048 26549.69 111624.05 (173034.79) (34861.06) 13987035.08 44 2049 27022.78 114972.78 (178225.84) (36230.29) 13950804.79 45 2050 27510.06 118421.96 (183572.61) (37640.60) 13913164.20 46 2051 28011.96 121974.62 (189079.79) (39093.21) 13874070.98 47 2052 28528.92 125633.86 (194752.19) (40589.41) 13833481.58 48 2053 29061.39 129402.87 (200594.75) (42130.49) 13791351.08 49 2054 29609.83 133284.96 (206612.59) (43717.81) 13747633.28 50 2055 30174.72 137283.51 (212810.97) (45352.74) 13702280.54 51 2056 30756.57 141402.01 (219195.30) (47036.72) 13655243.81 52 2057 31355.86 145644.07 (225771.16) (48771.22) 13606472.59 53 2058 31973.14 150013.39 (232544.29) (50557.76) 13555914.83 总计 15924547.70 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (200000.00) (65462.82) 13473914.83Sheet1 原有保险 保额 保费 保险类别 产品名称 说明 本人 100,000 2500 终身寿险 配偶 500,000 意外险 200,000 定期寿险 新增保险 保额 保费 保险类别 产品名称 说明 本人 1,200,000 5916 定期寿险 祥和定期寿险 本人 500,000 1100 住院医疗险 企业 2,300,000 2300 企业财产基本险 企业 288,000 288 雇主责任险调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 304000.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 428894.80 (373915.32) 54979.48 136979.48 804719.68 2 2007 364800.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 494546.44 (278595.32) 215951.13 352930.61 757050.99 3 2008 437760.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 572399.36 (283415.72) 288983.64 641914.26 706867.01 4 2009 525312.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 664886.41 (264380.73) 400505.68 1042419.94 654034.07 5 2010 630374.40 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 774926.90 (269494.69) 505432.21 1547852.15 598411.33 6 2011 756449.28 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 906023.83 (219116.92) 686906.92 2234759.07 539850.41 7 2012 907739.14 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 1062380.65 (222872.96) 839507.69 3074266.76 478195.02 8 2013 1089286.96 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 1249041.34 (226741.69) 1022299.65 4096566.41 413280.48 9 2014 1307144.36 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 1472058.49 (230726.48) 1241332.01 5337898.41 344933.29 10 2015 大学学费 1568573.23 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 1738695.07 (258100.74) 1480594.32 6818492.74 272970.68 11 2016 2人大学学费 1882287.87 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 2057666.43 (258878.84) 1798787.59 8617280.32 223746.35 12 2017 2人大学学费 2258745.45 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 2439430.83 (265676.47) 2173754.36 10791034.68 171973.84 13 2018 2人大学学费 2710494.54 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 2896538.01 (272726.90) 2623811.11 13414845.79 117519.96 14 2019 留学/大学学费 3252593.44 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 3444047.42 (534602.78) 2909444.64 16324290.44 60244.54 15 2020 2人出国留学 3903112.13 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 4100030.25 (822208.20) 3277822.05 19602112.48 (0.00) 16 2021 出国留学 4683734.56 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 4886171.69 (481599.71) 4404571.98 24006684.46 17 2022 5620481.47 51440.00 51759.49 104812.80 (173308.30) (1500.00) 5828493.76 (174808.30) 5653685.46 29660369.92 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 579808.69 (82642.38) 497166.31 30157536.23 19 2024 26722.37 54911.64 (85121.65) 81634.01 (85121.65) (3487.64) 30154048.59 20 2025 26955.10 56558.99 (87675.30) 83514.09 (87675.30) (4161.21) 30149887.38 21 2026 27194.81 58255.76 (90305.56) 85450.57 (90305.56) (4854.99) 30145032.39 22 2027 27441.72 60003.43 (93014.73) 87445.15 (93014.73) (5569.58) 30139462.81 23 2028 27696.03 61803.53 (95805.17) 89499.56 (95805.17) (6305.61) 30133157.20 24 2029 27957.97 63657.64 (98679.33) 91615.60 (98679.33) (7063.72) 30126093.48 25 2030 28227.76 65567.37 (101639.71) 93795.13 (101639.71) (7844.58) 30118248.90 26 2031 28505.65 67534.39 (104688.90) 96040.04 (104688.90) (8648.85) 30109600.05 27 2032 28791.88 69560.42 (107829.56) 98352.30 (107829.56) (9477.26) 30100122.78 28 2033 29086.70 71647.23 (111064.45) 100733.93 (111064.45) (10330.52) 30089792.26 29 2034 29390.35 73796.65 (114396.38) 103187.00 (114396.38) (11209.38) 30078582.88 30 2035 29703.12 76010.55 (117828.28) 105713.67 (117828.28) (12114.60) 30066468.28 31 2036 30025.27 78290.87 (121363.12) 108316.14 (121363.12) (13046.98) 30053421.29 32 2037 22172.36 80639.59 (125004.02) 102811.95 (125004.02) (22192.07) 30031229.22 33 2038 22514.13 83058.78 (128754.14) 105572.91 (128754.14) (23181.23) 30008047.99 34 2039 22866.15 85550.54 (132616.76) 108416.69 (132616.76) (24200.07) 29983847.92 35 2040 23228.74 88117.06 (136595.26) 111345.79 (136595.26) (25249.47) 29958598.45 36 2041 23602.20 90760.57 (140693.12) 114362.77 (140693.12) (26330.35) 29932268.10 37 2042 23986.86 93483.39 (144913.92) 117470.25 (144913.92) (27443.67) 29904824.43 38 2043 24383.07 96287.89 (149261.33) 120670.96 (149261.33) (28590.38) 29876234.06 39 2044 24791.16 99176.53 (153739.17) 123967.69 (153739.17) (29771.49) 29846462.57 40 2045 25211.50 102151.82 (158351.35) 127363.32 (158351.35) (30988.03) 29815474.54 41 2046 25644.44 105216.38 (163101.89) 130860.82 (163101.89) (32241.07) 29783233.47 42 2047 26090.37 108372.87 (167994.95) 134463.24 (167994.95) (33531.70) 29749701.77 43 2048 26549.69 111624.05 (173034.79) 138173.74 (173034.79) (34861.06) 29714840.71 44 2049 27022.78 114972.78 (178225.84) 141995.55 (178225.84) (36230.29) 29678610.42 45 2050 27510.06 118421.96 (183572.61) 145932.02 (183572.61) (37640.60) 29640969.83 46 2051 28011.96 121974.62 (189079.79) 149986.58 (189079.79) (39093.21) 29601876.61 47 2052 28528.92 125633.86 (194752.19) 154162.78 (194752.19) (40589.41) 29561287.21 48 2053 29061.39 129402.87 (200594.75) 158464.26 (200594.75) (42130.49) 29519156.71 49 2054 29609.83 133284.96 (206612.59) 162894.79 (206612.59) (43717.81) 29475438.91 50 2055 30174.72 137283.51 (212810.97) 167458.23 (212810.97) (45352.74) 29430086.17 51 2056 30756.57 141402.01 (219195.30) 172158.58 (219195.30) (47036.72) 29383049.44 52 2057 31355.86 145644.07 (225771.16) 176999.94 (225771.16) (48771.22) 29334278.22 53 2058 31973.14 150013.39 (232544.29) 181986.53 (232544.29) (50557.76) 29283720.46 合计 32702888.82 1826521.05 4075299.87 0.00 1304147.20 (72000.00) (254838.52) (7579526.21) (50500.00) (1494273.45) (850000.00) (365998.32) 39868856.95 (10667136.49) 29201720.46生涯仿真图 生涯仿真图 428894.8 -373915.315282698 494546.444 -278595.315282698 572399.35732 -283415.715282698 664886.4108396 -264380.727282698 774926.901564788 -269494.689642698 906023.833411732 -219116.915307098 1062380.65401408 -222872.96330783 1249041.33875451 -226741.692748584 1472058.49146114 -230726.484072561 1738695.06509778 -258100.742375934 2057666.42644207 -258878.840768764 2439430.83354496 -265676.471778005 2896538.00852287 -272726.898556326 3444047.42474443 -534602.782532378 4100030.2512858 -822208.203112446 4886171.68610323 -481599.707904588 5828493.75566095 -174808.295422669 579808.693598956 -82642.3816135875 81634.0123833954 -85121.6530619952 83514.0907313679 -87675.302653855 85450.5714297795 -90305.5617334707 87445.1465491435 -93014.7285854748 89499.5589220884 -95805.1704430391 91615.6036662216 -98679.3255563302 93795.1297526788 -101639.70532302 96040.0416217298 -104688.896482711 98352.3008468523 -107829.563377192 100733.927848728 -111064.450278508 103187.003660661 -114396.383786863 105713.671746951 -117828.275300469 108316.13987583 -121363.123559483 102811.947930929 -125004.017266268 105572.906368857 -128754.137784256 108416.693559922 -132616.761917783 111345.79436672 -136595.264775317 114362.768197722 -140693.122718576 117470.251243653 -144913.916400134 120670.958780963 -149261.333892138 123967.687544392 -153739.173908902 127363.318170724 -158351.349126169 130860.817715845 -163101.889599954 134463.242247321 -167994.946287952 138173.73951474 -173034.794676591 141995.551700183 -178225.838516889 145932.018251188 -183572.613672395 149986.578798724 -189079.792082567 154162.776162685 -194752.185845044 158464.259447566 -200594.751420396 162894.787230993 -206612.593963008 167458.230847923 -212810.971781898 172158.57777336 -219195.300935355 176999.935106561 -225771.159963415 181986.533159758 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图 54979.4847173018 215951.128717302 288983.642037302 400505.683556902 505432.21192209 686906.918104633 839507.690706254 1022299.64600592 1241332.00738858 1480594.32272184 1798787.58567331 2173754.36176696 2623811.10996654 2909444.64221205 3277822.04817336 4404571.97819864 5653685.46023828 497166.311985369 -3487.6406785998 -4161.2119224871 -4854.9903036912 -5569.5820363313 -6305.6115209507 -7063.7218901086 -7844.5755703413 -8648.8548609809 -9477.2625303398 -10330.5224297794 -11209.3801262022 -12114.6035535177 -13046.9836836526 -22192.0693353387 -23181.2314153988 -24200.0683578608 -25249.4704085966 -26330.3545208545 -27443.6651564801 -28590.3751111745 -29771.4863645098 -30988.0309554451 -32241.0718841084 -33531.7040406317 -34861.0551618506 -36230.2868167062 -37640.5954212074 -39093.2132838436 -40589.4096823589 -42130.4919728297 -43717.8067320146 -45352.7409339751 -47036.7231619943 -48771.2248568542 -50557.7616025598净现金流年份金额现金流量生涯仿真图 82000 136979.484717302 352930.613434604 641914.255471905 1042419.93902881 1547852.1509509 2234759.06905553 3074266.75976178 4096566.40576771 5337898.41315629 6818492.73587813 8617280.32155143 10791034.6833184 13414845.7932849 16324290.435497 19602112.4836703 24006684.461869 29660369.9221073 30157536.2340926 30154048.593414 30149887.3814915 30145032.3911879 30139462.8091515 30133157.1976306 30126093.4757405 30118248.9001701 30109600.0453091 30100122.7827788 30089792.260349 30078582.8802228 30066468.2766693 30053421.2929857 30031229.2236503 30008047.9922349 29983847.9238771 29958598.4534685 29932268.0989476 29904824.4337911 29876234.05868 29846462.5723154 29815474.54136 29783233.4694759 29749701.7654353 29714840.7102734 29678610.4234567 29640969.8280355 29601876.6147517 29561287.2050693 29519156.7130965 29475438.9063645 29430086.1654305 29383049.4422685 29334278.2174116 29283720.4558091理财准备年份金额理财准备生涯仿真图退休规划——企业变现Sheet1 鞋厂资产情况 历年现金流入 鞋厂资产负债表(王自强退休当年) 年龄 年 税前净利润 年增长率 税后净利 资产 负债 39 2005 380000 现金及活期存款 100000 应付帐款 200000 40 2006 456000 20% 152850 应收帐款 300000 银行贷款 1500000 41 2007 547200 20% 184770 存货 800000 负债合计 1700000 42 2008 656640 20% 223074 固定资产 1000000 股东权益 500000 43 2009 787968 20% 269039 资产合计 2200000 所有者权益 500000 44 2010 945562 20% 324197 45 2011 1040118 10% 357291 46 2012 1144130 10% 393695 情况一：当王自强退休王自强先生退休时出售鞋厂，有同行接手时合理的售价为270万元，是鞋厂的总资产总额。若以清算价值计算可变现的现金价值为200万左右，这其中需要考虑应收帐款的回收状况以及存货变现带来的价值损失。 47 2013 1258542 10% 433740 48 2014 1384397 10% 477789 49 2015 1522836 10% 526243 50 2016 1675120 10% 579542 51 2017 1842632 10% 638171 52 2018 2026895 10% 702663 53 2019 2229585 10% 773605 54 2020 2452543 10% 851640 55 2021 2697798 10% 937479 56 2022 2967577 10% 1031902 57 2023 3264335 10% 1135767Sheet2 Sheet3 清算时鞋厂的资产负债表Sheet1 鞋厂资产情况 历年现金流入 鞋厂资产负债表(王自强退休当年) 年龄 年 税前净利润 年增长率 税后净利 资产 负债 变现前资产 变现后资产 变现前负债 变现后负债 39 2005 380000 现金及活期存款 100000 100000 应付帐款 200000 200000 40 2006 456000 20% 152850 应收帐款 300000 240000 银行贷款 1500000 1500000 41 2007 547200 20% 184770 存货 800000 400000 负债合计 1700000 1700000 42 2008 656640 20% 223074 固定资产 1000000 1000000 股东权益 1000000 40000 43 2009 787968 20% 269039 资产合计 2200000 1740000 所有者权益 1000000 40000 44 2010 945562 20% 324197 45 2011 1040118 10% 357291 46 2012 1144130 10% 393695 情况一：当王自强退休王自强先生退休时出售鞋厂，有同行接手时合理的售价为270万元，是鞋厂的总资产总额。若以清算价值计算可变现的现金价值为200万左右，这其中需要考虑应收帐款的回收状况以及存货变现带来的价值损失。 47 2013 1258542 10% 433740 48 2014 1384397 10% 477789 49 2015 1522836 10% 526243 50 2016 1675120 10% 579542 51 2017 1842632 10% 638171 52 2018 2026895 10% 702663 53 2019 2229585 10% 773605 54 2020 2452543 10% 851640 55 2021 2697798 10% 937479 56 2022 2967577 10% 1031902 57 2023 3264335 10% 1135767Sheet2 Sheet3 退休规划——企业变现 王自强退休时将厂房转让测算： 情况一：当王自强的鞋厂有同行接手时合理的售价为220万元，是鞋厂的资产总额,王自强的净现金收入为50万。 情况二：若以清算价值计算，可变现的现金价值为174万，这其中应收帐款按照80%的比例进行回收、存货按照50%的价值进行变现、固定资产100%变现，净现金收入4万。退休规划养老金赤字约为269369.64，内部报酬率1%，即投资回报只需达到1%，即可达到平衡，不难达到。假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 106060 273940 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 260470 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 260470 总计 170500 净收入 89970 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 14.77% 工资所得 48240 14.41% 赡养费 48000 29.53% 房租收入 32254.8 9.63% 生活费用 60000 36.91% 保费支出 4000 2.46% 房贷支出 26546.28 16.33% 总计 334804.8 总计 162546.28 净收入 172258.52房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产3余值 房产总计价值 2006 500000 1000000 1500000 2007 5.00% 2.00% 514500 1029000 1543500 2008 5.00% 2.00% 529421 1058841 1588262 2009 5.00% 2.00% 544774 1089547 1634321 2010 5.00% 2.00% 560572 1121144 1681716 2011 5.00% 2.00% 576829 1153657 1730486 2012 5.00% 2.00% 593557 1187114 1780670 2013 5.00% 2.00% 610770 1221540 1832310 2014 5.00% 2.00% 628482 1256964 1885447 2015 5.00% 2.00% 646708 1293416 1940125 2016 5.00% 2.00% 665463 1330926 1996388 2017 5.00% 2.00% 684761 1369522 2054284 2018 5.00% 2.00% 704619 1409238 2113858 2019 5.00% 2.00% 725053 1450106 2175160 2020 5.00% 2.00% 746080 1492159 2238239 2021 5.00% 2.00% 767716 1535432 2303148 2022 5.00% 2.00% 789980 1579960 2369939 2023 5.00% 2.00% 812889 1625778 2438668 退休时 2024 5.00% 2.00% 836463 1672926 2509389 2025 5.00% 2.00% 860720 1721441 2582161 2026 5.00% 2.00% 885681 1771363 2657044 2027 5.00% 2.00% 911366 1822732 2734098 2028 5.00% 2.00% 937796 1875591 2813387 2029 5.00% 2.00% 964992 1929984 2894975 2030 5.00% 2.00% 992977 1985953 2978930 2031 5.00% 2.00% 1021773 2043546 3065319 2032 5.00% 2.00% 1051404 2102809 3154213 2033 5.00% 2.00% 1081895 2163790 3245685 2034 5.00% 2.00% 1113270 2226540 3339810 2035 5.00% 2.00% 1145555 2291110 3436664 2036 5.00% 2.00% 1178776 2357552 3536328 2037 5.00% 2.00% 1212960 2425921 3638881 2038 5.00% 2.00% 1248136 2496273 3744409 2039 5.00% 2.00% 1284332 2568664 3852997 2040 5.00% 2.00% 1321578 2643156 3964734 2041 5.00% 2.00% 1359904 2719807 4079711 2042 5.00% 2.00% 1399341 2798682 4198022 2043 5.00% 2.00% 1439922 2879843 4319765 2044 5.00% 2.00% 1481679 2963359 4445038 2045 5.00% 2.00% 1524648 3049296 4573944 2046 5.00% 2.00% 1568863 3137726 4706589 2047 5.00% 2.00% 1614360 3228720 4843080 2048 5.00% 2.00% 1661176 3322353 4983529 2049 5.00% 2.00% 1709350 3418701 5128051 2050 5.00% 2.00% 1758922 3517843 5276765 2051 5.00% 2.00% 1809930 3619861 5429791 2052 5.00% 2.00% 1862418 3724837 5587255 2053 5.00% 2.00% 1916428 3832857 5749285 2054 5.00% 2.00% 1972005 3944010 5916015 2055 5.00% 2.00% 2029193 4058386 6087579 2056 5.00% 2.00% 2088040 4176079 6264119养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金提取额 公积金余额 养老金缺口计算(调整后） 养老金账户余额 30000 公积金账户余额 40000 养老金总需求 -5229274.73 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 3600 0 提取当年公积金还贷 基本养老金 979241.05 公积金帐户余额 7572.00 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 3612 0 提取当年公积金还贷 房租收入 1161172.80 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 3624 0 提取当年公积金还贷 理财准备 2819491.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 3636 0 提取当年公积金还贷 养老金赤字 -269369.64 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 3648 0 提取当年公积金还贷 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 3660 0 提取当年公积金还贷 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 3672 0 提取当年公积金还贷 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 3684 0 提取当年公积金还贷 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 3696 0 提取当年公积金还贷 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 3708 0 提取当年公积金还贷 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 3720 0 提取当年公积金还贷 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 3732 0 提取当年公积金还贷 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 3744 0 提取当年公积金还贷 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 3756 0 提取当年公积金还贷 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 3768 0 提取当年公积金还贷 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 3780 3780 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 3792 7572 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73 养老金缺口计算(调整后） 养老金总需求 -5229274.73 基本养老金 979241.05 房租收入 3373384.21 理财准备 20394540.06 养老金赤字 19517890.59王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 260470.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 89970.00 109970.00 1000000.00 2 2007 312564.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 137744.00 247714.00 1200000.00 3 2008 375076.80 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 195807.20 443521.20 1440000.00 4 2009 450092.16 (52450.90) (39338.17) (65563.62) (2500.00) 290239.47 733760.67 1728000.00 5 2010 540110.59 (54024.42) (40518.32) (67530.53) (2500.00) 375537.32 1109298.00 2073600.00 6 2011 648132.71 (41733.87) (69556.44) (2500.00) 534342.40 1643640.39 2280960.00 7 2012 712945.98 (42985.88) (71643.14) (2500.00) 595816.96 2239457.36 2509056.00 8 2013 784240.58 (44275.46) (73792.43) (2500.00) 663672.69 2903130.04 2759961.60 9 2014 862664.64 (45603.72) (76006.20) (2500.00) 738554.71 3641684.75 3035957.76 10 2015 大学学费 948931.10 (46971.83) (78286.39) (2500.00) (23269.92) 797902.95 4439587.71 3339553.54 11 2016 大学学费 1043824.21 (48380.99) (80634.98) (24433.42) 890374.82 5329962.53 3673508.89 12 2017 大学学费 1148206.63 (49832.42) (83054.03) (25655.09) 989665.09 6319627.62 4040859.78 13 2018 大学学费 1263027.30 (51327.39) (85545.65) (26937.84) 1099216.41 7418844.02 4444945.76 14 2019 女儿出国留学 1389330.03 (52867.21) (88112.02) (282847.37) 965503.42 8384347.44 4889440.33 15 2020 女儿出国留学 1528263.03 (54453.23) (90755.38) (296989.74) 1086064.67 9470412.11 5378384.37 16 2021 1681089.33 (56086.83) (93478.04) 1531524.46 11001936.57 5916222.80 17 2022 1849198.26 (57769.43) (96282.39) 1695146.45 12697083.02 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 13038409.65 19 2024 (61287.59) (102145.98) (163433.57) 12874976.07 20 2025 (63126.22) (105210.36) (168336.58) 12706639.49 21 2026 (65020.00) (108366.67) (173386.68) 12533252.81 22 2027 (66970.60) (111617.67) (178588.28) 12354664.53 23 2028 (68979.72) (114966.20) (183945.93) 12170718.61 24 2029 (71049.11) (118415.19) (189464.31) 11981254.30 25 2030 (73180.59) (121967.65) (195148.23) 11786106.07 26 2031 (75376.01) (125626.68) (201002.68) 11585103.39 27 2032 (77637.29) (129395.48) (207032.76) 11378070.62 28 2033 (79966.40) (133277.34) (213243.74) 11164826.88 29 2034 (82365.40) (137275.66) (219641.06) 10945185.82 30 2035 (84836.36) (141393.93) (226230.29) 10718955.53 31 2036 (87381.45) (145635.75) (233017.20) 10485938.34 32 2037 (90002.89) (150004.82) (240007.71) 10245930.62 33 2038 (92702.98) (154504.97) (247207.94) 9998722.68 34 2039 (95484.07) (159140.11) (254624.18) 9744098.50 35 2040 (98348.59) (163914.32) (262262.91) 9481835.59 36 2041 (101299.05) (168831.75) (270130.80) 9211704.79 37 2042 (104338.02) (173896.70) (278234.72) 8933470.07 38 2043 (107468.16) (179113.60) (286581.76) 8646888.31 39 2044 (110692.21) (184487.01) (295179.21) 8351709.10 40 2045 (114012.97) (190021.62) (304034.59) 8047674.51 41 2046 (117433.36) (195722.27) (313155.63) 7734518.88 42 2047 (120956.36) (201593.94) (322550.30) 7411968.58 43 2048 (124585.05) (207641.75) (332226.81) 7079741.78 44 2049 (128322.60) (213871.01) (342193.61) 6737548.17 45 2050 (132172.28) (220287.14) (352459.42) 6385088.75 46 2051 (136137.45) (226895.75) (363033.20) 6022055.55 47 2052 (140221.57) (233702.62) (373924.20) 5648131.35 48 2053 (144428.22) (240713.70) (385141.92) 5262989.43 49 2054 (148761.07) (247935.11) (396696.18) 4866293.25 50 2055 (153223.90) (255373.17) (408597.07) 4457696.18 51 2056 (157820.62) (263034.36) (420854.98) 4036841.20 52 2057 (162555.24) (270925.39) (433480.63) 3603360.58 53 2058 (167431.89) (279053.15) (446485.05) 3156875.53张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 62000 160000 1 2006 48240.00 32254.80 3600 (48000.00) (1500.00) (12421.03) (8816.00) 13357.77 75357.77 147578.97 2 2007 48440.00 33222.44 3612 (49440.00) (1500.00) (13105.42) (8131.60) 13097.42 88455.19 134473.55 3 2008 48640.00 34219.12 3624 (50923.20) (1500.00) (13827.53) (7409.49) 12822.89 101278.08 120646.02 4 2009 48840.00 35245.69 3636 (52450.90) (1500.00) (14589.43) (6647.60) 12533.77 113811.85 106056.59 5 2010 49040.00 36303.06 3648 (54024.42) (1500.00) (15393.31) (5843.72) 12229.61 126041.47 90663.28 6 2011 49240.00 37392.15 3660 (55645.16) (1500.00) (16241.48) (4995.55) 11909.97 137951.44 74421.80 7 2012 49440.00 38513.92 3672 (57314.51) (1500.00) (17136.38) (4100.64) 11574.38 149525.82 57285.41 8 2013 49640.00 39669.34 3684 (59033.95) (1500.00) (18080.60) (3156.43) 11222.36 160748.18 39204.81 9 2014 49840.00 40859.42 3696 (60804.96) (1500.00) (19076.84) (2160.19) 10853.43 171601.61 20127.97 10 2015 50040.00 42085.20 3708 (62629.11) (1500.00) (20127.97) (1109.05) 10467.06 182068.67 (0.00) 11 2016 大学学费 50240.00 43347.75 3720 (64507.99) (1500.00) (24433.42) 6866.35 188935.02 12 2017 大学学费 50440.00 44648.19 3732 (66443.23) (1500.00) (25655.09) 5221.87 194156.89 13 2018 大学学费 50640.00 45987.63 3744 (68436.52) (1500.00) (26937.84) 3497.26 197654.15 14 2019 大学学费 50840.00 47367.26 3756 (70489.62) (1500.00) (28284.74) 1688.91 199343.06 15 2020 女儿出国留学 51040.00 48788.28 3768 (72604.31) (1500.00) (296989.74) (267497.77) (68154.71) 16 2021 女儿出国留学 51240.00 50251.93 3780 (74782.44) (1500.00) (311839.23) (282849.74) (351004.44) 17 2022 51440.00 51759.49 3792 (77025.91) (1500.00) 28465.58 (322538.87) 18 2023 26496.42 53312.27 (79336.69) 472.01 (322066.86) 19 2024 26722.37 54911.64 (81716.79) (82.77) (322149.64) 20 2025 26955.10 56558.99 (84168.29) (654.20) (322803.84) 21 2026 27194.81 58255.76 (86693.34) (1242.77) (324046.60) 22 2027 27441.72 60003.43 (89294.14) (1848.99) (325895.60) 23 2028 27696.03 61803.53 (91972.96) (2473.40) (328369.00) 24 2029 27957.97 63657.64 (94732.15) (3116.55) (331485.55) 25 2030 28227.76 65567.37 (97574.12) (3778.99) (335264.54) 26 2031 28505.65 67534.39 (100501.34) (4461.30) (339725.84) 27 2032 28791.88 69560.42 (103516.38) (5164.08) (344889.92) 28 2033 29086.70 71647.23 (106621.87) (5887.94) (350777.86) 29 2034 29390.35 73796.65 (109820.53) (6633.52) (357411.39) 30 2035 29703.12 76010.55 (113115.14) (7401.47) (364812.86) 31 2036 30025.27 78290.87 (116508.60) (8192.46) (373005.32) 32 2037 22172.36 80639.59 (120003.86) (17191.91) (390197.23) 33 2038 22514.13 83058.78 (123603.97) (18031.07) (408228.29) 34 2039 22866.15 85550.54 (127312.09) (18895.40) (427123.69) 35 2040 23228.74 88117.06 (131131.45) (19785.66) (446909.35) 36 2041 23602.20 90760.57 (135065.40) (20702.63) (467611.98) 37 2042 23986.86 93483.39 (139117.36) (21647.11) (489259.09) 38 2043 24383.07 96287.89 (143290.88) (22619.92) (511879.01) 39 2044 24791.16 99176.53 (147589.61) (23621.92) (535500.93) 40 2045 25211.50 102151.82 (152017.30) (24653.98) (560154.91) 41 2046 25644.44 105216.38 (156577.81) (25717.00) (585871.90) 42 2047 26090.37 108372.87 (161275.15) (26811.91) (612683.81) 43 2048 26549.69 111624.05 (166113.40) (27939.66) (640623.47) 44 2049 27022.78 114972.78 (171096.80) (29101.25) (669724.72) 45 2050 27510.06 118421.96 (176229.71) (30297.69) (700022.42) 46 2051 28011.96 121974.62 (181516.60) (31530.02) (731552.44) 47 2052 28528.92 125633.86 (186962.10) (32799.32) (764351.76) 48 2053 29061.39 129402.87 (192570.96) (34106.70) (798458.46) 49 2054 29609.83 133284.96 (198348.09) (35453.30) (833911.76) 50 2055 30174.72 137283.51 (204298.53) (36840.30) (870752.07) 51 2056 30756.57 141402.01 (210427.49) (38268.91) (909020.98) 52 2057 31355.86 145644.07 (216740.31) (39740.38) (948761.36) 53 2058 31973.14 150013.39 (223242.52) (41255.99) (990017.35)调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 82000.00 160000 1 2006 260470.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (4000.00) (12421.03) (8816.00) 139327.77 221327.77 147578.97 2 2007 312564.00 48440.00 33222.44 3612.00 (24000.00) (49440.00) (111240.00) (4000.00) (13105.42) (8131.60) 187921.42 409249.19 134473.55 3 2008 375076.80 48640.00 34219.12 3624.00 (24000.00) (50923.20) (114577.20) (4000.00) (13827.53) (7409.49) 246822.49 656071.68 120646.02 4 2009 450092.16 48840.00 35245.69 3636.00 (52450.90) (118014.52) (4000.00) (14589.43) (6647.60) 342111.41 998183.10 106056.59 5 2010 540110.59 49040.00 36303.06 3648.00 (54024.42) (121554.95) (4000.00) (15393.31) (5843.72) 428285.25 1426468.35 90663.28 6 2011 648132.71 49240.00 37392.15 3660.00 (125201.60) (4000.00) (16241.48) (4995.55) 587986.24 2014454.59 74421.80 7 2012 712945.98 49440.00 38513.92 3672.00 (128957.65) (4000.00) (17136.38) (4100.64) 650377.23 2664831.81 57285.41 8 2013 784240.58 49640.00 39669.34 3684.00 (132826.38) (4000.00) (18080.60) (3156.43) 719170.51 3384002.33 39204.81 9 2014 862664.64 49840.00 40859.42 3696.00 (136811.17) (4000.00) (19076.84) (2160.19) 795011.86 4179014.18 20127.97 10 2015 大学学费 948931.10 50040.00 42085.20 3708.00 (140915.50) (4000.00) (23269.92) (20127.97) (1109.05) 855341.85 5034356.03 (0.00) 11 2016 2人大学学费 1043824.21 50240.00 43347.75 3720.00 (145142.97) (1500.00) (48866.84) 945622.16 5979978.19 12 2017 2人大学学费 1148206.63 50440.00 44648.19 3732.00 (149497.26) (1500.00) (51310.18) 1044719.38 7024697.57 13 2018 2人大学学费 1263027.30 50640.00 45987.63 3744.00 (153982.18) (1500.00) (53875.69) 1154041.06 8178738.63 14 2019 留学/大学学费 1389330.03 50840.00 47367.26 3756.00 (158601.64) (1500.00) (311132.11) 1020059.54 9198798.17 15 2020 2人出国留学 1528263.03 51040.00 48788.28 3768.00 (163359.69) (1500.00) (593979.48) 873020.14 10071818.31 16 2021 出国留学 1681089.33 51240.00 50251.93 3780.00 (168260.48) (1500.00) (311839.23) 1304761.55 11376579.86 17 2022 1849198.26 51440.00 51759.49 3792.00 (173308.30) (1500.00) 1781381.45 13157961.31 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 497166.31 13655127.62 19 2024 26722.37 54911.64 (85121.65) (3487.64) 13651639.98 20 2025 26955.10 56558.99 (87675.30) (4161.21) 13647478.77 21 2026 27194.81 58255.76 (90305.56) (4854.99) 13642623.78 22 2027 27441.72 60003.43 (93014.73) (5569.58) 13637054.20 23 2028 27696.03 61803.53 (95805.17) (6305.61) 13630748.58 24 2029 27957.97 63657.64 (98679.33) (7063.72) 13623684.86 25 2030 28227.76 65567.37 (101639.71) (7844.58) 13615840.29 26 2031 28505.65 67534.39 (104688.90) (8648.85) 13607191.43 27 2032 28791.88 69560.42 (107829.56) (9477.26) 13597714.17 28 2033 29086.70 71647.23 (111064.45) (10330.52) 13587383.65 29 2034 29390.35 73796.65 (114396.38) (11209.38) 13576174.27 30 2035 29703.12 76010.55 (117828.28) (12114.60) 13564059.66 31 2036 30025.27 78290.87 (121363.12) (13046.98) 13551012.68 32 2037 22172.36 80639.59 (125004.02) (22192.07) 13528820.61 33 2038 22514.13 83058.78 (128754.14) (23181.23) 13505639.38 34 2039 22866.15 85550.54 (132616.76) (24200.07) 13481439.31 35 2040 23228.74 88117.06 (136595.26) (25249.47) 13456189.84 36 2041 23602.20 90760.57 (140693.12) (26330.35) 13429859.49 37 2042 23986.86 93483.39 (144913.92) (27443.67) 13402415.82 38 2043 24383.07 96287.89 (149261.33) (28590.38) 13373825.45 39 2044 24791.16 99176.53 (153739.17) (29771.49) 13344053.96 40 2045 25211.50 102151.82 (158351.35) (30988.03) 13313065.93 41 2046 25644.44 105216.38 (163101.89) (32241.07) 13280824.86 42 2047 26090.37 108372.87 (167994.95) (33531.70) 13247293.15 43 2048 26549.69 111624.05 (173034.79) (34861.06) 13212432.10 44 2049 27022.78 114972.78 (178225.84) (36230.29) 13176201.81 45 2050 27510.06 118421.96 (183572.61) (37640.60) 13138561.22 46 2051 28011.96 121974.62 (189079.79) (39093.21) 13099468.00 47 2052 28528.92 125633.86 (194752.19) (40589.41) 13058878.59 48 2053 29061.39 129402.87 (200594.75) (42130.49) 13016748.10 49 2054 29609.83 133284.96 (206612.59) (43717.81) 12973030.29 50 2055 30174.72 137283.51 (212810.97) (45352.74) 12927677.55 51 2056 30756.57 141402.01 (219195.30) (47036.72) 12880640.83 52 2057 31355.86 145644.07 (225771.16) (48771.22) 12831869.60 53 2058 31973.14 150013.39 (232544.29) (50557.76) 12781311.84 总计 16298167.35 1826521.05 4075299.87 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (160000.00) (52370.26) 12699311.84调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 57824.74 767824.94 2 2007 328728.00 48440.00 33222.44 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 414002.44 (286890.06) 127112.39 184937.13 723432.60 3 2008 394473.60 48640.00 34219.12 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 480956.72 (291710.46) 189246.26 374183.38 676705.51 4 2009 473368.32 48840.00 35245.69 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 561090.01 (272675.47) 288414.54 662597.92 627519.92 5 2010 568041.98 49040.00 36303.06 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 657033.05 (277789.43) 379243.61 1041841.54 575745.51 6 2011 681650.38 49240.00 37392.15 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 771942.53 (227411.66) 544530.88 1586372.41 521244.96 7 2012 817980.46 49440.00 38513.92 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 909606.37 (231167.71) 678438.67 2264811.08 463873.67 8 2013 981576.55 49640.00 39669.34 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 1074569.88 (235036.44) 839533.45 3104344.53 403479.28 9 2014 1177891.86 49840.00 40859.42 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 1272287.27 (239021.23) 1033266.05 4137610.57 339901.30 10 2015 大学学费 1413470.23 50040.00 42085.20 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 1509303.43 (266395.49) 1242907.94 5380518.52 272970.68 11 2016 2人大学学费 1696164.28 50240.00 43347.75 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 1793472.03 (272482.84) 1520989.19 6901507.70 223746.35 12 2017 2人大学学费 2035397.13 50440.00 44648.19 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 2134217.32 (279280.47) 1854936.85 8756444.55 171973.84 13 2018 2人大学学费 2442476.56 50640.00 45987.63 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 2542848.19 (286330.90) 2256517.29 11012961.84 117519.96 14 2019 留学/大学学费 2930971.87 50840.00 47367.26 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 3032935.13 (548206.78) 2484728.35 13497690.19 60244.54 15 2020 2人出国留学 3517166.24 51040.00 48788.28 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 3620762.52 (835812.20) 2784950.32 16282640.51 (0.00) 16 2021 出国留学 4220599.49 51240.00 50251.93 3780.00 (168260.48) (1500.00) (311839.23) 4325871.42 (481599.71) 3844271.71 20126912.22 17 2022 5064719.39 51440.00 51759.49 3792.00 (173308.30) (1500.00) 5171710.87 (174808.30) 4996902.58 25123814.79 18 2023 退休将公司变现 500000.00 26496.42 53312.27 (82642.38) 579808.69 (82642.38) 497166.31 25620981.11 19 2024 26722.37 54911.64 (85121.65) 81634.01 (85121.65) (3487.64) 25617493.46 20 2025 26955.10 56558.99 (87675.30) 83514.09 (87675.30) (4161.21) 25613332.25 21 2026 27194.81 58255.76 (90305.56) 85450.57 (90305.56) (4854.99) 25608477.26 22 2027 27441.72 60003.43 (93014.73) 87445.15 (93014.73) (5569.58) 25602907.68 23 2028 27696.03 61803.53 (95805.17) 89499.56 (95805.17) (6305.61) 25596602.07 24 2029 27957.97 63657.64 (98679.33) 91615.60 (98679.33) (7063.72) 25589538.35 25 2030 28227.76 65567.37 (101639.71) 93795.13 (101639.71) (7844.58) 25581693.77 26 2031 28505.65 67534.39 (104688.90) 96040.04 (104688.90) (8648.85) 25573044.92 27 2032 28791.88 69560.42 (107829.56) 98352.30 (107829.56) (9477.26) 25563567.65 28 2033 29086.70 71647.23 (111064.45) 100733.93 (111064.45) (10330.52) 25553237.13 29 2034 29390.35 73796.65 (114396.38) 103187.00 (114396.38) (11209.38) 25542027.75 30 2035 29703.12 76010.55 (117828.28) 105713.67 (117828.28) (12114.60) 25529913.15 31 2036 30025.27 78290.87 (121363.12) 108316.14 (121363.12) (13046.98) 25516866.16 32 2037 22172.36 80639.59 (125004.02) 102811.95 (125004.02) (22192.07) 25494674.09 33 2038 22514.13 83058.78 (128754.14) 105572.91 (128754.14) (23181.23) 25471492.86 34 2039 22866.15 85550.54 (132616.76) 108416.69 (132616.76) (24200.07) 25447292.80 35 2040 23228.74 88117.06 (136595.26) 111345.79 (136595.26) (25249.47) 25422043.32 36 2041 23602.20 90760.57 (140693.12) 114362.77 (140693.12) (26330.35) 25395712.97 37 2042 23986.86 93483.39 (144913.92) 117470.25 (144913.92) (27443.67) 25368269.30 38 2043 24383.07 96287.89 (149261.33) 120670.96 (149261.33) (28590.38) 25339678.93 39 2044 24791.16 99176.53 (153739.17) 123967.69 (153739.17) (29771.49) 25309907.44 40 2045 25211.50 102151.82 (158351.35) 127363.32 (158351.35) (30988.03) 25278919.41 41 2046 25644.44 105216.38 (163101.89) 130860.82 (163101.89) (32241.07) 25246678.34 42 2047 26090.37 108372.87 (167994.95) 134463.24 (167994.95) (33531.70) 25213146.64 43 2048 26549.69 111624.05 (173034.79) 138173.74 (173034.79) (34861.06) 25178285.58 44 2049 27022.78 114972.78 (178225.84) 141995.55 (178225.84) (36230.29) 25142055.29 45 2050 27510.06 118421.96 (183572.61) 145932.02 (183572.61) (37640.60) 25104414.70 46 2051 28011.96 121974.62 (189079.79) 149986.58 (189079.79) (39093.21) 25065321.49 47 2052 28528.92 125633.86 (194752.19) 154162.78 (194752.19) (40589.41) 25024732.08 48 2053 29061.39 129402.87 (200594.75) 158464.26 (200594.75) (42130.49) 24982601.58 49 2054 29609.83 133284.96 (206612.59) 162894.79 (206612.59) (43717.81) 24938883.78 50 2055 30174.72 137283.51 (212810.97) 167458.23 (212810.97) (45352.74) 24893531.04 51 2056 30756.57 141402.01 (219195.30) 172158.58 (219195.30) (47036.72) 24846494.31 52 2057 31355.86 145644.07 (225771.16) 176999.94 (225771.16) (48771.22) 24797723.09 53 2058 31973.14 150013.39 (232544.29) 181986.53 (232544.29) (50557.76) 24747165.33 合计 29518616.33 1826521.05 4075299.87 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 35483269.26 (10818103.93) 24665165.33生涯仿真图 1生涯仿真图 358034.8 -382210.058825414 414002.444 -286890.058825414 480956.71732 -291710.458825414 561090.0108396 -272675.470825414 657033.045564788 -277789.433185414 771942.534211732 -227411.658849814 909606.374974084 -231167.706850546 1074569.88390651 -235036.4362913 1272287.27364354 -239021.227615276 1509303.42771666 -266395.48591865 1793472.02958472 -272482.840768764 2134217.31731615 -279280.471778005 2542848.18904829 -286330.898556326 3032935.12937493 -548206.782532378 3620762.52084241 -835812.203112446 4325871.41757116 -481599.707904588 5171710.87342247 -174808.295422669 579808.693598956 -82642.3816135875 81634.0123833954 -85121.6530619952 83514.0907313679 -87675.302653855 85450.5714297795 -90305.5617334707 87445.1465491435 -93014.7285854748 89499.5589220884 -95805.1704430391 91615.6036662216 -98679.3255563302 93795.1297526788 -101639.70532302 96040.0416217298 -104688.896482711 98352.3008468523 -107829.563377192 100733.927848728 -111064.450278508 103187.003660661 -114396.383786863 105713.671746951 -117828.275300469 108316.13987583 -121363.123559483 102811.947930929 -125004.017266268 105572.906368857 -128754.137784256 108416.693559922 -132616.761917783 111345.79436672 -136595.264775317 114362.768197722 -140693.122718576 117470.251243653 -144913.916400134 120670.958780963 -149261.333892138 123967.687544392 -153739.173908902 127363.318170724 -158351.349126169 130860.817715845 -163101.889599954 134463.242247321 -167994.946287952 138173.73951474 -173034.794676591 141995.551700183 -178225.838516889 145932.018251188 -183572.613672395 149986.578798724 -189079.792082567 154162.776162685 -194752.185845044 158464.259447566 -200594.751420396 162894.787230993 -206612.593963008 167458.230847923 -212810.971781898 172158.57777336 -219195.300935355 176999.935106561 -225771.159963415 181986.533159758 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图敏感度分析 -24175.2588254136 -201615.614825414 -205227.341505414 -184953.779985814 -188798.371620626 -137119.505438082 -139541.788836462 -142043.100736793 -144625.811994135 -170562.287828874 -175175.086736295 -180460.285124562 -185959.26630328 -446243.52131174 -732215.92405519 -376327.780475613 -67816.8101708255 -2833.6880146314 -3487.6406785998 -4161.2119224871 -4854.9903036912 -5569.5820363313 -6305.6115209507 -7063.7218901086 -7844.5755703413 -8648.8548609809 -9477.2625303398 -10330.5224297794 -11209.3801262022 -12114.6035535177 -13046.9836836526 -22192.0693353387 -23181.2314153988 -24200.0683578608 -25249.4704085966 -26330.3545208545 -27443.6651564801 -28590.3751111745 -29771.4863645098 -30988.0309554451 -32241.0718841084 -33531.7040406317 -34861.0551618506 -36230.2868167062 -37640.5954212074 -39093.2132838436 -40589.4096823589 -42130.4919728297 -43717.8067320146 -45352.7409339751 -47036.7231619943 -48771.2248568542 -50557.7616025598净现金流年份金额现金流量生涯仿真图 82000 57824.7411745864 -143790.873650827 -349018.215156241 -533971.995142054 -722770.36676268 -859889.872200762 -999431.661037224 -1141474.76177402 -1286100.57376815 -1456662.86159703 -1631837.94833332 -1812298.23345788 -1998257.49976116 -2444501.0210729 -3176716.94512809 -3553044.72560371 -3620861.53577453 -3623695.22378916 -3627182.86446776 -3631344.07639025 -3636199.06669394 -3641768.64873027 -3648074.26025122 -3655137.98214133 -3662982.55771167 -3671631.41257265 -3681108.67510299 -3691439.19753277 -3702648.57765898 -3714763.18121249 -3727810.16489615 -3750002.23423149 -3773183.46564688 -3797383.53400474 -3822633.00441334 -3848963.3589342 -3876407.02409068 -3904997.39920185 -3934768.88556636 -3965756.91652181 -3997997.98840591 -4031529.69244655 -4066390.7476084 -4102621.0344251 -4140261.62984631 -4179354.84313015 -4219944.25281251 -4262074.74478534 -4305792.55151736 -4351145.29245133 -4398182.01561333 -4446953.24047018 -4497511.00207274理财准备年份金额理财准备生涯仿真图 调整后的理财准备生涯仿真图Chart1 82000 58260.5821329669 184714.986087464 307233.112098191 449649.42632184 587920.739927931 777516.758379849 1030322.05700649 1280814.32013917 1528865.1918019 1751072.22869337 1968584.97083128 2180668.19125255 2387040.23555458 2332845.29087534 1990968.87224251 2001699.82996456 2319491.23664289 2807928.48471561 2796708.52127775 2783108.00185379 2767044.64585912 2748433.64654844 2727187.59492411 2703216.40135998 2676427.21487237 2646724.33996751 2614009.15099275 2578180.00391665 2539132.14546074 2496757.61950366 2450945.1706756 2393395.41094134 2332131.41671748 2267031.19585657 2197969.04029175 2124815.4142607 2047436.83917471 1965695.77503224 1879450.49827329 1788554.97596776 1692858.73622786 1592206.7347313 1486439.21723843 1375391.57798339 1258894.21381522 1136772.3739616 1008846.00528384 874929.592887754 734831.995951307 588356.278625255 435299.53585918 275452.714000559 108600.426010087理财准备年份金额理财准备生涯仿真图假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 106060 273940 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 260470 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 260470 总计 170500 净收入 89970 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 14.77% 工资所得 48240 14.41% 赡养费 48000 29.53% 房租收入 32254.8 9.63% 生活费用 60000 36.91% 保费支出 4000 2.46% 房贷支出 26546.28 16.33% 总计 334804.8 总计 162546.28 净收入 172258.52房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产3余值 房产总计价值 2006 500000 1000000 1500000 2007 5.00% 2.00% 514500 1029000 1543500 2008 5.00% 2.00% 529421 1058841 1588262 2009 5.00% 2.00% 544774 1089547 1634321 2010 5.00% 2.00% 560572 1121144 1681716 2011 5.00% 2.00% 576829 1153657 1730486 2012 5.00% 2.00% 593557 1187114 1780670 2013 5.00% 2.00% 610770 1221540 1832310 2014 5.00% 2.00% 628482 1256964 1885447 2015 5.00% 2.00% 646708 1293416 1940125 2016 5.00% 2.00% 665463 1330926 1996388 2017 5.00% 2.00% 684761 1369522 2054284 2018 5.00% 2.00% 704619 1409238 2113858 2019 5.00% 2.00% 725053 1450106 2175160 2020 5.00% 2.00% 746080 1492159 2238239 2021 5.00% 2.00% 767716 1535432 2303148 2022 5.00% 2.00% 789980 1579960 2369939 2023 5.00% 2.00% 812889 1625778 2438668 退休时 2024 5.00% 2.00% 836463 1672926 2509389 2025 5.00% 2.00% 860720 1721441 2582161 2026 5.00% 2.00% 885681 1771363 2657044 2027 5.00% 2.00% 911366 1822732 2734098 2028 5.00% 2.00% 937796 1875591 2813387 2029 5.00% 2.00% 964992 1929984 2894975 2030 5.00% 2.00% 992977 1985953 2978930 2031 5.00% 2.00% 1021773 2043546 3065319 2032 5.00% 2.00% 1051404 2102809 3154213 2033 5.00% 2.00% 1081895 2163790 3245685 2034 5.00% 2.00% 1113270 2226540 3339810 2035 5.00% 2.00% 1145555 2291110 3436664 2036 5.00% 2.00% 1178776 2357552 3536328 2037 5.00% 2.00% 1212960 2425921 3638881 2038 5.00% 2.00% 1248136 2496273 3744409 2039 5.00% 2.00% 1284332 2568664 3852997 2040 5.00% 2.00% 1321578 2643156 3964734 2041 5.00% 2.00% 1359904 2719807 4079711 2042 5.00% 2.00% 1399341 2798682 4198022 2043 5.00% 2.00% 1439922 2879843 4319765 2044 5.00% 2.00% 1481679 2963359 4445038 2045 5.00% 2.00% 1524648 3049296 4573944 2046 5.00% 2.00% 1568863 3137726 4706589 2047 5.00% 2.00% 1614360 3228720 4843080 2048 5.00% 2.00% 1661176 3322353 4983529 2049 5.00% 2.00% 1709350 3418701 5128051 2050 5.00% 2.00% 1758922 3517843 5276765 2051 5.00% 2.00% 1809930 3619861 5429791 2052 5.00% 2.00% 1862418 3724837 5587255 2053 5.00% 2.00% 1916428 3832857 5749285 2054 5.00% 2.00% 1972005 3944010 5916015 2055 5.00% 2.00% 2029193 4058386 6087579 2056 5.00% 2.00% 2088040 4176079 6264119养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金提取额 公积金余额 养老金缺口计算(调整后） 养老金账户余额 30000 公积金账户余额 40000 养老金总需求 -5229274.73 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 3600 0 提取当年公积金还贷 基本养老金 979241.05 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 3612 0 提取当年公积金还贷 房租收入 1161172.80 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 3624 0 提取当年公积金还贷 理财准备 2819491.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 3636 0 提取当年公积金还贷 养老金赤字 -269369.64 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 3648 0 提取当年公积金还贷 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 3660 0 提取当年公积金还贷 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 3672 0 提取当年公积金还贷 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 3684 0 提取当年公积金还贷 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 3696 0 提取当年公积金还贷 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 3708 0 提取当年公积金还贷 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 3720 0 提取当年公积金还贷 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 3732 0 提取当年公积金还贷 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 3744 0 提取当年公积金还贷 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 3756 0 提取当年公积金还贷 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 3768 0 提取当年公积金还贷 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 3780 3780 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 3792 7572 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73 养老金缺口计算(调整后） 养老金总需求 -5229274.73 基本养老金 979241.05 房租收入 1161172.80 理财准备 2819491.24 养老金赤字 -269369.64王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 260470.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 89970.00 109970.00 1000000.00 2 2007 312564.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 137744.00 247714.00 1200000.00 3 2008 312564.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 133294.40 381008.40 1440000.00 4 2009 312564.00 (52450.90) (39338.17) (65563.62) (2500.00) 152711.31 533719.71 1728000.00 5 2010 312564.00 (54024.42) (40518.32) (67530.53) (2500.00) 147990.73 681710.44 2073600.00 6 2011 312564.00 (41733.87) (69556.44) (2500.00) 198773.69 880484.13 2280960.00 7 2012 343820.40 (42985.88) (71643.14) (2500.00) 226691.38 1107175.51 2509056.00 8 2013 343820.40 (44275.46) (73792.43) (2500.00) 223252.51 1330428.02 2759961.60 9 2014 378202.44 (45603.72) (76006.20) (2500.00) 254092.51 1584520.53 3035957.76 10 2015 大学学费 378202.44 (46971.83) (78286.39) (2500.00) (23269.92) 227174.29 1811694.82 3339553.54 11 2016 大学学费 378202.44 (48380.99) (80634.98) (24433.42) 224753.05 2036447.87 3673508.89 12 2017 大学学费 378202.44 (49832.42) (83054.03) (25655.09) 219660.90 2256108.77 4040859.78 13 2018 大学学费 378202.44 (51327.39) (85545.65) (26937.84) 214391.55 2470500.32 4444945.76 14 2019 女儿出国留学 378202.44 (52867.21) (88112.02) (282847.37) (45624.17) 2424876.15 4889440.33 15 2020 女儿出国留学 378202.44 (54453.23) (90755.38) (296989.74) (63995.91) 2360880.24 5378384.37 16 2021 378202.44 (56086.83) (93478.04) 228637.57 2589517.81 5916222.80 17 2022 378202.44 (57769.43) (96282.39) 224150.62 2813668.43 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 3154995.06 19 2024 (61287.59) (102145.98) (163433.57) 2991561.48 20 2025 (63126.22) (105210.36) (168336.58) 2823224.90 21 2026 (65020.00) (108366.67) (173386.68) 2649838.22 22 2027 (66970.60) (111617.67) (178588.28) 2471249.94 23 2028 (68979.72) (114966.20) (183945.93) 2287304.02 24 2029 (71049.11) (118415.19) (189464.31) 2097839.71 25 2030 (73180.59) (121967.65) (195148.23) 1902691.48 26 2031 (75376.01) (125626.68) (201002.68) 1701688.80 27 2032 (77637.29) (129395.48) (207032.76) 1494656.03 28 2033 (79966.40) (133277.34) (213243.74) 1281412.29 29 2034 (82365.40) (137275.66) (219641.06) 1061771.23 30 2035 (84836.36) (141393.93) (226230.29) 835540.94 31 2036 (87381.45) (145635.75) (233017.20) 602523.75 32 2037 (90002.89) (150004.82) (240007.71) 362516.03 33 2038 (92702.98) (154504.97) (247207.94) 115308.09 34 2039 (95484.07) (159140.11) (254624.18) (139316.09) 35 2040 (98348.59) (163914.32) (262262.91) (401579.00) 36 2041 (101299.05) (168831.75) (270130.80) (671709.80) 37 2042 (104338.02) (173896.70) (278234.72) (949944.52) 38 2043 (107468.16) (179113.60) (286581.76) (1236526.28) 39 2044 (110692.21) (184487.01) (295179.21) (1531705.49) 40 2045 (114012.97) (190021.62) (304034.59) (1835740.08) 41 2046 (117433.36) (195722.27) (313155.63) (2148895.71) 42 2047 (120956.36) (201593.94) (322550.30) (2471446.01) 43 2048 (124585.05) (207641.75) (332226.81) (2803672.81) 44 2049 (128322.60) (213871.01) (342193.61) (3145866.42) 45 2050 (132172.28) (220287.14) (352459.42) (3498325.84) 46 2051 (136137.45) (226895.75) (363033.20) (3861359.04) 47 2052 (140221.57) (233702.62) (373924.20) (4235283.24) 48 2053 (144428.22) (240713.70) (385141.92) (4620425.16) 49 2054 (148761.07) (247935.11) (396696.18) (5017121.34) 50 2055 (153223.90) (255373.17) (408597.07) (5425718.41) 51 2056 (157820.62) (263034.36) (420854.98) (5846573.39) 52 2057 (162555.24) (270925.39) (433480.63) (6280054.01) 53 2058 (167431.89) (279053.15) (446485.05) (6726539.06)张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 62000 160000 1 2006 48240.00 32254.80 3600 (48000.00) (1500.00) (12421.03) (8816.00) 13357.77 75357.77 147578.97 2 2007 48440.00 32254.80 3612 (49440.00) (1500.00) (13105.42) (8131.60) 12129.77 87487.55 134473.55 3 2008 48640.00 32254.80 3624 (50923.20) (1500.00) (13827.53) (7409.49) 10858.57 98346.12 120646.02 4 2009 48840.00 32254.80 3636 (52450.90) (1500.00) (14589.43) (6647.60) 9542.88 107889.00 106056.59 5 2010 49040.00 32254.80 3648 (54024.42) (1500.00) (15393.31) (5843.72) 8181.35 116070.35 90663.28 6 2011 49240.00 32254.80 3660 (55645.16) (1500.00) (16241.48) (4995.55) 6772.62 122842.97 74421.80 7 2012 49440.00 32254.80 3672 (57314.51) (1500.00) (17136.38) (4100.64) 5315.26 128158.23 57285.41 8 2013 49640.00 32254.80 3684 (59033.95) (1500.00) (18080.60) (3156.43) 3807.83 131966.06 39204.81 9 2014 49840.00 32254.80 3696 (60804.96) (1500.00) (19076.84) (2160.19) 2248.81 134214.87 20127.97 10 2015 50040.00 32254.80 3708 (62629.11) (1500.00) (20127.97) (1109.05) 636.66 134851.53 (0.00) 11 2016 大学学费 50240.00 32254.80 3720 (64507.99) (1500.00) (24433.42) (4226.61) 130624.93 12 2017 大学学费 50440.00 32254.80 3732 (66443.23) (1500.00) (25655.09) (7171.52) 123453.41 13 2018 大学学费 50640.00 32254.80 3744 (68436.52) (1500.00) (26937.84) (10235.57) 113217.85 14 2019 大学学费 50840.00 32254.80 3756 (70489.62) (1500.00) (28284.74) (13423.56) 99794.29 15 2020 女儿出国留学 51040.00 32254.80 3768 (72604.31) (1500.00) (296989.74) (284031.25) (184236.96) 16 2021 女儿出国留学 51240.00 32254.80 3780 (74782.44) (1500.00) (311839.23) (300846.86) (485083.82) 17 2022 51440.00 32254.80 3792 (77025.91) (1500.00) 8960.89 (476122.93) 18 2023 26496.42 32254.80 (79336.69) (20585.46) (496708.39) 19 2024 26722.37 32254.80 (81716.79) (22739.61) (519448.00) 20 2025 26955.10 32254.80 (84168.29) (24958.39) (544406.39) 21 2026 27194.81 32254.80 (86693.34) (27243.72) (571650.11) 22 2027 27441.72 32254.80 (89294.14) (29597.62) (601247.74) 23 2028 27696.03 32254.80 (91972.96) (32022.14) (633269.87) 24 2029 27957.97 32254.80 (94732.15) (34519.39) (667789.26) 25 2030 28227.76 32254.80 (97574.12) (37091.55) (704880.82) 26 2031 28505.65 32254.80 (100501.34) (39740.89) (744621.70) 27 2032 28791.88 32254.80 (103516.38) (42469.70) (787091.40) 28 2033 29086.70 32254.80 (106621.87) (45280.38) (832371.78) 29 2034 29390.35 32254.80 (109820.53) (48175.37) (880547.15) 30 2035 29703.12 32254.80 (113115.14) (51157.22) (931704.38) 31 2036 30025.27 32254.80 (116508.60) (54228.52) (985932.90) 32 2037 22172.36 32254.80 (120003.86) (65576.70) (1051509.60) 33 2038 22514.13 32254.80 (123603.97) (68835.05) (1120344.65) 34 2039 22866.15 32254.80 (127312.09) (72191.14) (1192535.79) 35 2040 23228.74 32254.80 (131131.45) (75647.92) (1268183.71) 36 2041 23602.20 32254.80 (135065.40) (79208.40) (1347392.11) 37 2042 23986.86 32254.80 (139117.36) (82875.70) (1430267.80) 38 2043 24383.07 32254.80 (143290.88) (86653.01) (1516920.81) 39 2044 24791.16 32254.80 (147589.61) (90543.65) (1607464.46) 40 2045 25211.50 32254.80 (152017.30) (94551.00) (1702015.46) 41 2046 25644.44 32254.80 (156577.81) (98678.57) (1800694.03) 42 2047 26090.37 32254.80 (161275.15) (102929.97) (1903624.00) 43 2048 26549.69 32254.80 (166113.40) (107308.92) (2010932.92) 44 2049 27022.78 32254.80 (171096.80) (111819.23) (2122752.15) 45 2050 27510.06 32254.80 (176229.71) (116464.85) (2239217.00) 46 2051 28011.96 32254.80 (181516.60) (121249.84) (2360466.84) 47 2052 28528.92 32254.80 (186962.10) (126178.38) (2486645.22) 48 2053 29061.39 32254.80 (192570.96) (131254.77) (2617899.99) 49 2054 29609.83 32254.80 (198348.09) (136483.46) (2754383.45) 50 2055 30174.72 32254.80 (204298.53) (141869.01) (2896252.46) 51 2056 30756.57 32254.80 (210427.49) (147416.12) (3043668.58) 52 2057 31355.86 32254.80 (216740.31) (153129.65) (3196798.23) 53 2058 31973.14 32254.80 (223242.52) (159014.58) (3355812.82)调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 82000.00 160000 1 2006 260470.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (4000.00) (12421.03) (8816.00) 139327.77 221327.77 147578.97 2 2007 312564.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (4000.00) (13105.42) (8131.60) 186953.77 408281.55 134473.55 3 2008 312564.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (4000.00) (13827.53) (7409.49) 182345.37 590626.92 120646.02 4 2009 312564.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (4000.00) (14589.43) (6647.60) 201592.36 792219.28 106056.59 5 2010 312564.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (4000.00) (15393.31) (5843.72) 196690.40 988909.68 90663.28 6 2011 312564.00 49240.00 32254.80 3660.00 (125201.60) (4000.00) (16241.48) (4995.55) 247280.17 1236189.86 74421.80 7 2012 343820.40 49440.00 32254.80 3672.00 (128957.65) (4000.00) (17136.38) (4100.64) 274992.53 1511182.38 57285.41 8 2013 343820.40 49640.00 32254.80 3684.00 (132826.38) (4000.00) (18080.60) (3156.43) 271335.80 1782518.18 39204.81 9 2014 378202.44 49840.00 32254.80 3696.00 (136811.17) (4000.00) (19076.84) (2160.19) 301945.05 2084463.23 20127.97 10 2015 大学学费 378202.44 50040.00 32254.80 3708.00 (140915.50) (4000.00) (23269.92) (20127.97) (1109.05) 274782.79 2359246.01 (0.00) 11 2016 2人大学学费 378202.44 50240.00 32254.80 3720.00 (145142.97) (1500.00) (48866.84) 268907.43 2628153.45 12 2017 2人大学学费 378202.44 50440.00 32254.80 3732.00 (149497.26) (1500.00) (51310.18) 262321.80 2890475.25 13 2018 2人大学学费 378202.44 50640.00 32254.80 3744.00 (153982.18) (1500.00) (53875.69) 255483.37 3145958.62 14 2019 留学/大学学费 378202.44 50840.00 32254.80 3756.00 (158601.64) (1500.00) (311132.11) (6180.51) 3139778.11 15 2020 2人出国留学 378202.44 51040.00 32254.80 3768.00 (163359.69) (1500.00) (593979.48) (293573.93) 2846204.18 16 2021 出国留学 378202.44 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) (16122.47) 2830081.71 17 2022 378202.44 51440.00 32254.80 3792.00 (173308.30) (1500.00) 290880.94 3120962.66 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 476108.84 3597071.50 19 2024 26722.37 32254.80 (85121.65) (26144.48) 3570927.02 20 2025 26955.10 32254.80 (87675.30) (28465.40) 3542461.62 21 2026 27194.81 32254.80 (90305.56) (30855.95) 3511605.68 22 2027 27441.72 32254.80 (93014.73) (33318.21) 3478287.47 23 2028 27696.03 32254.80 (95805.17) (35854.34) 3442433.12 24 2029 27957.97 32254.80 (98679.33) (38466.56) 3403966.56 25 2030 28227.76 32254.80 (101639.71) (41157.14) 3362809.42 26 2031 28505.65 32254.80 (104688.90) (43928.44) 3318880.98 27 2032 28791.88 32254.80 (107829.56) (46782.88) 3272098.09 28 2033 29086.70 32254.80 (111064.45) (49722.96) 3222375.14 29 2034 29390.35 32254.80 (114396.38) (52751.23) 3169623.91 30 2035 29703.12 32254.80 (117828.28) (55870.35) 3113753.56 31 2036 30025.27 32254.80 (121363.12) (59083.05) 3054670.51 32 2037 22172.36 32254.80 (125004.02) (70576.86) 2984093.65 33 2038 22514.13 32254.80 (128754.14) (73985.21) 2910108.43 34 2039 22866.15 32254.80 (132616.76) (77495.81) 2832612.62 35 2040 23228.74 32254.80 (136595.26) (81111.73) 2751500.89 36 2041 23602.20 32254.80 (140693.12) (84836.13) 2666664.77 37 2042 23986.86 32254.80 (144913.92) (88672.25) 2577992.52 38 2043 24383.07 32254.80 (149261.33) (92623.46) 2485369.05 39 2044 24791.16 32254.80 (153739.17) (96693.21) 2388675.84 40 2045 25211.50 32254.80 (158351.35) (100885.05) 2287790.79 41 2046 25644.44 32254.80 (163101.89) (105202.65) 2182588.14 42 2047 26090.37 32254.80 (167994.95) (109649.77) 2072938.37 43 2048 26549.69 32254.80 (173034.79) (114230.31) 1958708.06 44 2049 27022.78 32254.80 (178225.84) (118948.26) 1839759.79 45 2050 27510.06 32254.80 (183572.61) (123807.75) 1715952.04 46 2051 28011.96 32254.80 (189079.79) (128813.03) 1587139.01 47 2052 28528.92 32254.80 (194752.19) (133968.47) 1453170.54 48 2053 29061.39 32254.80 (200594.75) (139278.56) 1313891.98 49 2054 29609.83 32254.80 (206612.59) (144747.96) 1169144.02 50 2055 30174.72 32254.80 (212810.97) (150381.45) 1018762.57 51 2056 30756.57 32254.80 (219195.30) (156183.94) 862578.63 52 2057 31355.86 32254.80 (225771.16) (162160.50) 700418.14 53 2058 31973.14 32254.80 (232544.29) (168316.36) 532101.78 总计 6414752.76 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (160000.00) (52370.26) 450101.78调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 58260.58 767824.94 2 2007 328728.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 413034.80 (286890.06) 126144.74 184714.99 723432.60 3 2008 328728.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 413246.80 (291710.46) 121536.34 307233.11 676705.51 4 2009 328728.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 413458.80 (272675.47) 140783.33 449649.43 627519.92 5 2010 328728.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 413670.80 (277789.43) 135881.37 587920.74 575745.51 6 2011 328728.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 413882.80 (227411.66) 186471.14 777516.76 521244.96 7 2012 394473.60 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 479840.40 (231167.71) 248672.69 1030322.06 463873.67 8 2013 394473.60 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 480052.40 (235036.44) 245015.96 1280814.32 403479.28 9 2014 394473.60 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 480264.40 (239021.23) 241243.17 1528865.19 339901.30 10 2015 大学学费 394473.60 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 480476.40 (266395.49) 214080.91 1751072.23 272970.68 11 2016 2人大学学费 394473.60 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 480688.40 (272482.84) 208205.56 1968584.97 223746.35 12 2017 2人大学学费 394473.60 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 480900.40 (279280.47) 201619.93 2180668.19 171973.84 13 2018 2人大学学费 394473.60 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 481112.40 (286330.90) 194781.50 2387040.24 117519.96 14 2019 留学/大学学费 394473.60 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 481324.40 (548206.78) (66882.38) 2332845.29 60244.54 15 2020 2人出国留学 394473.60 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 481536.40 (835812.20) (354275.80) 1990968.87 (0.00) 16 2021 出国留学 394473.60 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 481748.40 (481599.71) 148.69 2001699.83 17 2022 394473.60 51440.00 32254.80 3792.00 (173308.30) (1500.00) 481960.40 (174808.30) 307152.10 2319491.24 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 558751.22 (82642.38) 476108.84 2807928.48 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 2796708.52 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 2783108.00 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 2767044.65 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 2748433.65 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 2727187.59 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 2703216.40 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 2676427.21 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 2646724.34 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2614009.15 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2578180.00 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2539132.15 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2496757.62 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 2450945.17 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 2393395.41 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 2332131.42 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 2267031.20 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 2197969.04 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 2124815.41 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 2047436.84 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1965695.78 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1879450.50 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1788554.98 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1692858.74 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1592206.73 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1486439.22 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1375391.58 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1258894.21 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1136772.37 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1008846.01 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 874929.59 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 734832.00 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 588356.28 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 435299.54 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 275452.71 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 108600.43 合计 6756789.60 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 10355647.05 (10818103.93) (462456.88) IRR 1%生涯仿真图 1生涯仿真图 358034.8 -382210.058825414 413034.8 -286890.058825414 413246.8 -291710.458825414 413458.8 -272675.470825414 413670.8 -277789.433185414 413882.8 -227411.658849814 479840.4 -231167.706850546 480052.4 -235036.4362913 480264.4 -239021.227615276 480476.4 -266395.48591865 480688.4 -272482.840768764 480900.4 -279280.471778005 481112.4 -286330.898556326 481324.4 -548206.782532378 481536.4 -835812.203112446 481748.4 -481599.707904588 481960.4 -174808.295422669 558751.223789557 -82642.3816135875 58977.1744797145 -85121.6530619952 59209.9036905766 -87675.302653855 59449.6147777644 -90305.5617334707 59696.517197568 -93014.7285854748 59950.8266899656 -95805.1704430391 60212.7654671351 -98679.3255563302 60482.5624076198 -101639.70532302 60760.453256319 -104688.896482711 61046.6808304791 -107829.563377192 61341.4952318641 -111064.450278508 61645.1540652906 -114396.383786863 61957.9226637199 -117828.275300469 62280.0743201021 -121363.123559483 54427.1564085287 -125004.017266268 54768.9271007846 -128754.137784256 55120.9509138081 -132616.761917783 55483.5354412223 -136595.264775317 55856.997504459 -140693.122718576 56241.6634295928 -144913.916400134 56637.8693324805 -149261.333892138 57045.961412455 -153739.173908902 57466.2962548286 -158351.349126169 57899.2411424735 -163101.889599954 58345.1743767477 -167994.946287952 58804.4856080501 -173034.794676591 59277.5761762916 -178225.838516889 59764.8594615804 -183572.613672395 60266.7612454278 -189079.792082567 60783.7200827906 -194752.185845044 61316.1876852743 -200594.751420396 61864.6293158326 -206612.593963008 62429.5241953075 -212810.971781898 63011.3659211668 -219195.300935355 63610.6628988018 -225771.159963415 64227.9387857658 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图敏感度分析 -24175.2588254136 126144.741174586 121536.341174586 140783.329174586 135881.366814586 186471.141150186 248672.693149454 245015.9637087 241243.172384724 214080.91408135 208205.559231237 201619.928221995 194781.501443674 -66882.382532378 -354275.803112447 148.6920954122 307152.104577331 476108.84217597 -26144.4785822806 -28465.3989632785 -30855.9469557062 -33318.2113879068 -35854.3437530735 -38466.5600891951 -41157.1429154003 -43928.4432263918 -46782.8825467129 -49722.9550466437 -52751.2297215725 -55870.3526367491 -59083.0492393809 -70576.8608577389 -73985.210683471 -77495.8110039752 -81111.7293340944 -84836.1252141172 -88672.2529705408 -92623.464559657 -96693.2124964467 -100885.05287134 -105202.64845748 -109649.771911205 -114230.309068541 -118948.262340597 -123807.754210815 -128813.030837139 -133968.465762254 -139278.563735121 -144747.964647175 -150381.44758659 -156183.935014188 -162160.497064614 -168316.355976552净现金流年份金额现金流量生涯仿真图 82000 58260.5821329669 184714.986087464 307233.112098191 449649.42632184 587920.739927931 777516.758379849 1030322.05700649 1280814.32013917 1528865.1918019 1751072.22869337 1968584.97083128 2180668.19125255 2387040.23555458 2332845.29087534 1990968.87224251 2001699.82996456 2319491.23664289 2807928.48471561 2796708.52127775 2783108.00185379 2767044.64585912 2748433.64654844 2727187.59492411 2703216.40135998 2676427.21487237 2646724.33996751 2614009.15099275 2578180.00391665 2539132.14546074 2496757.61950366 2450945.1706756 2393395.41094134 2332131.41671748 2267031.19585657 2197969.04029175 2124815.4142607 2047436.83917471 1965695.77503224 1879450.49827329 1788554.97596776 1692858.73622786 1592206.7347313 1486439.21723843 1375391.57798339 1258894.21381522 1136772.3739616 1008846.00528384 874929.592887754 734831.995951307 588356.278625255 435299.53585918 275452.714000559 108600.426010087理财准备年份金额理财准备生涯仿真图 收入敏感度分析 公司成长率 原有方案 测试一 测试二 五年内 20.00% 10.00% 0.00% 五年后 10.00% 5.00% 0.00% IRR 1.00% 3.00% 5.00% 测试一 公司成长率 五年内 10.00% 若 五年后 5.00% IRR 3% 生涯仿真表 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 59999.20 767824.94 2 2007 301334.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 385640.80 (286890.06) 98750.74 160340.99 723432.60 3 2008 301334.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 385852.80 (291710.46) 94142.34 258735.22 676705.51 4 2009 301334.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 386064.80 (272675.47) 113389.33 378985.63 627519.92 5 2010 301334.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 386276.80 (277789.43) 108487.37 497522.86 575745.51 6 2011 301334.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 386488.80 (227411.66) 159077.14 669793.20 521244.96 7 2012 331467.40 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 416834.20 (231167.71) 185666.49 873221.13 463873.67 8 2013 331467.40 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 417046.20 (235036.44) 182009.76 1078386.79 403479.28 9 2014 331467.40 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 417258.20 (239021.23) 178236.97 1285220.19 339901.30 10 2015 大学学费 331467.40 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 417470.20 (266395.49) 151074.71 1470376.10 272970.68 11 2016 2人大学学费 331467.40 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 417682.20 (272482.84) 145199.36 1654566.58 223746.35 12 2017 2人大学学费 331467.40 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 417894.20 (279280.47) 138613.73 1837055.75 171973.84 13 2018 2人大学学费 331467.40 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 418106.20 (286330.90) 131775.30 2017545.71 117519.96 14 2019 留学/大学学费 331467.40 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 418318.20 (548206.78) (129888.58) 1941157.98 60244.54 15 2020 2人出国留学 331467.40 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 418530.20 (835812.20) (417282.00) 1575351.19 (0.00) 16 2021 出国留学 331467.40 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 418742.20 (481599.71) (62857.51) 1554268.51 17 2022 331467.40 51440.00 32254.80 3792.00 (173308.30) (1500.00) 418954.20 (174808.30) 244145.90 1839630.17 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1864521.94 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1887820.45 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1909415.88 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1929193.41 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1947033.14 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1962809.81 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1976392.62 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1987645.04 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1996424.55 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2002582.43 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2005963.52 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2006406.01 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2003741.10 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1997792.84 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1980193.02 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1958718.15 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1933163.21 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1903314.69 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1868950.26 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1829838.43 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1785738.23 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1736398.85 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1681559.25 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1620947.83 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1554282.01 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1481267.82 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1401599.50 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1314959.07 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1221015.84 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1119426.01 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1009832.15 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 891862.70 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 765131.48 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 629237.14 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 483762.62 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 328274.58 合计 5426751.40 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 9025608.85 (10818103.93) (1792495.08) IRR 3% 测试一 公司成长率 五年内 0.00% 若 五年后 0.00% IRR 5% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 61876.26 767824.94 2 2007 273940.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 358246.80 (286890.06) 71356.74 136290.23 723432.60 3 2008 273940.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 358458.80 (291710.46) 66748.34 209772.51 676705.51 4 2009 273940.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 358670.80 (272675.47) 85995.33 306132.44 627519.92 5 2010 273940.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 358882.80 (277789.43) 81093.37 402351.43 575745.51 6 2011 273940.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 359094.80 (227411.66) 131683.14 553914.26 521244.96 7 2012 273940.00 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 359306.80 (231167.71) 128139.09 709421.58 463873.67 8 2013 273940.00 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 359518.80 (235036.44) 124482.36 868955.59 403479.28 9 2014 273940.00 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 359730.80 (239021.23) 120709.57 1032599.19 339901.30 10 2015 大学学费 273940.00 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 359942.80 (266395.49) 93547.31 1177165.97 272970.68 11 2016 2人大学学费 273940.00 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 360154.80 (272482.84) 87671.96 1323000.25 223746.35 12 2017 2人大学学费 273940.00 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 360366.80 (279280.47) 81086.33 1469454.40 171973.84 13 2018 2人大学学费 273940.00 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 360578.80 (286330.90) 74247.90 1616306.24 117519.96 14 2019 留学/大学学费 273940.00 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 360790.80 (548206.78) (187415.98) 1508749.96 60244.54 15 2020 2人出国留学 273940.00 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 361002.80 (835812.20) (474809.40) 1108486.04 (0.00) 16 2021 出国留学 273940.00 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 361214.80 (481599.71) (120384.91) 1042870.07 17 2022 273940.00 51440.00 32254.80 3792.00 (173308.30) (1500.00) 361426.80 (174808.30) 186618.50 1281015.50 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1320417.75 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1359513.49 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1398219.98 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1436448.36 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1474103.30 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1511082.59 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1547276.77 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1582568.67 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1616833.00 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 1649935.85 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 1681734.20 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 1712075.40 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 1740796.59 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1767724.16 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1784488.38 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1798672.55 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1810046.94 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1818367.41 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1823374.58 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1824793.03 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1822330.35 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1815676.24 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1804501.52 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1788457.08 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1767172.77 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1740256.30 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1707291.97 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1667839.41 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1621432.28 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1567576.79 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1505750.27 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 1435399.58 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 1355939.46 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 1266750.83 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 1167178.94 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 1056531.46 合计 4656980.00 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 8255837.45 (10818103.93) (2562266.48) IRR 5%投资规划 王先生过去五年的事业盈余除了家用外都用来扩充鞋厂的规模，目前获利已较稳定，希望未来可以分散投资金融商品。 王先生属于较积极的投资人，可承担10%左右的损失。 张小姐除了投资用房产以外，并未做其它的投资。 王先生与张小姐两人的资产可以一起运用，但希望投资报酬率可达到5%以上，同时每年的最大损失幅度可控制在5%以内。风险属性分析假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 税后净收入合计 260470 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44Sheet1 风险承受能力评分表 年龄 10分 8分 6分 4分 2分 客户得分 40 总分50分，25岁以下者50分，每多一岁少1分，75岁以上者0分 35 就业状况 公教人员 上班族 佣金收入者 自营事业者 失业 4 家庭负担 未婚 双薪无子女 双薪有子女 单薪有子女 单薪养三代 6 置产状况 投资不动产 自宅无房贷 房贷<50％ 房贷>50％ 无自宅 6 投资经验 10年以上 6～10年 2～5年 1年以内 无 6 投资知识 有专业证照 财金科系毕 自修有 心得 信息技术培训心得 下载关于七一讲话心得体会关于国企改革心得体会关于使用希沃白板的心得体会国培计划培训心得体会 懂一些 一片空白 4 总分 61购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。风险属性分析 王自强属于较积极的投资者，风险承受能力较强假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 负债 资产 负债 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 合并后家庭资产负债表 王自强税后年收入 资产 负债 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 房贷 200000 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 税后净收入合计 260470 养老金账户 30000 公积金 40000 实业投资 1000000 保险 35000 房产 750000 总计 1937000 200000 净资产 1737000 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金账户余额 考虑收益后的公积金账户余额 养老金账户余额 30000 公积金账户余额 40000 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 43600 44400 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 47212 48084 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 50836 51780.24 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 54472 55488.72 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 58120 59209.44 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 61780 62942.4 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 65452 66687.6 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 69136 70445.04 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 72832 74214.72 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 76540 77996.64 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 80260 81790.8 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 83992 85597.2 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 87736 89415.84 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 91492 93246.72 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 95260 97089.84 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 99040 100945.2 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 102832 104812.8 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 253750.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 83250.00 103250.00 1000000.00 2 2007 304500.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 129680.00 232930.00 1200000.00 3 2008 365400.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 186130.40 419060.40 1440000.00 4 2009 438480.00 (52450.90) (39338.17) (65563.62) (2500.00) 278627.31 697687.71 1728000.00 5 2010 526176.00 (54024.42) (40518.32) (67530.53) (2500.00) 361602.73 1059290.44 2073600.00 6 2011 631411.20 (41733.87) (69556.44) (2500.00) 517620.89 1576911.33 2280960.00 7 2012 694552.32 (42985.88) (71643.14) (2500.00) 577423.30 2154334.63 2509056.00 8 2013 764007.55 (44275.46) (73792.43) (2500.00) 643439.66 2797774.29 2759961.60 9 2014 840408.31 (45603.72) (76006.20) (2500.00) 716298.38 3514072.67 3035957.76 10 2015 大学学费 924449.14 (46971.83) (78286.39) (2500.00) (23269.92) 773420.99 4287493.66 3339553.54 11 2016 大学学费 1016894.05 (48380.99) (80634.98) (24433.42) 863444.66 5150938.32 3673508.89 12 2017 大学学费 1118583.46 (49832.42) (83054.03) (25655.09) 960041.91 6110980.24 4040859.78 13 2018 大学学费 1230441.80 (51327.39) (85545.65) (26937.84) 1066630.91 7177611.15 4444945.76 14 2019 女儿出国留学 1353485.98 (52867.21) (88112.02) (282847.37) 929659.37 8107270.52 4889440.33 15 2020 女儿出国留学 1488834.58 (54453.23) (90755.38) (296989.74) 1046636.23 9153906.75 5378384.37 16 2021 1637718.04 (56086.83) (93478.04) 1488153.17 10642059.92 5916222.80 17 2022 1801489.84 (57769.43) (96282.39) 1647438.02 12289497.94 6507845.08 18 2023 退休将公司变现 3253922.54 (59502.51) (99170.86) 3095249.17 15384747.11 19 2024 (61287.59) (102145.98) (163433.57) 15221313.54 20 2025 (63126.22) (105210.36) (168336.58) 15052976.96 21 2026 (65020.00) (108366.67) (173386.68) 14879590.28 22 2027 (66970.60) (111617.67) (178588.28) 14701002.00 23 2028 (68979.72) (114966.20) (183945.93) 14517056.07 24 2029 (71049.11) (118415.19) (189464.31) 14327591.77 25 2030 (73180.59) (121967.65) (195148.23) 14132443.53 26 2031 (75376.01) (125626.68) (201002.68) 13931440.85 27 2032 (77637.29) (129395.48) (207032.76) 13724408.09 28 2033 (79966.40) (133277.34) (213243.74) 13511164.35 29 2034 (82365.40) (137275.66) (219641.06) 13291523.29 30 2035 (84836.36) (141393.93) (226230.29) 13065293.00 31 2036 (87381.45) (145635.75) (233017.20) 12832275.80 32 2037 (90002.89) (150004.82) (240007.71) 12592268.09 33 2038 (92702.98) (154504.97) (247207.94) 12345060.14 34 2039 (95484.07) (159140.11) (254624.18) 12090435.96 35 2040 (98348.59) (163914.32) (262262.91) 11828173.05 36 2041 (101299.05) (168831.75) (270130.80) 11558042.26 37 2042 (104338.02) (173896.70) (278234.72) 11279807.54 38 2043 (107468.16) (179113.60) (286581.76) 10993225.78 39 2044 (110692.21) (184487.01) (295179.21) 10698046.56 40 2045 (114012.97) (190021.62) (304034.59) 10394011.97 41 2046 (117433.36) (195722.27) (313155.63) 10080856.35 42 2047 (120956.36) (201593.94) (322550.30) 9758306.05 43 2048 (124585.05) (207641.75) (332226.81) 9426079.24 44 2049 (128322.60) (213871.01) (342193.61) 9083885.63 45 2050 (132172.28) (220287.14) (352459.42) 8731426.21 46 2051 (136137.45) (226895.75) (363033.20) 8368393.01 47 2052 (140221.57) (233702.62) (373924.20) 7994468.82 48 2053 (144428.22) (240713.70) (385141.92) 7609326.89 49 2054 (148761.07) (247935.11) (396696.18) 7212630.71 50 2055 (153223.90) (255373.17) (408597.07) 6804033.65 51 2056 (157820.62) (263034.36) (420854.98) 6383178.67张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000 62000 200000 1 2006 48240.00 32254.80 44400 (48000.00) (1500.00) (15526.28) (11020.00) 48848.52 110848.52 184473.72 2 2007 48440.00 33222.44 48084 (49440.00) (1500.00) (16381.78) (10164.50) 52260.16 163108.68 168091.94 3 2008 48640.00 34219.12 51780.24 (50923.20) (1500.00) (17284.42) (9261.87) 55669.88 218778.55 150807.52 4 2009 48840.00 35245.69 55488.72 (52450.90) (1500.00) (18236.79) (8309.49) 59077.23 277855.79 132570.73 5 2010 49040.00 36303.06 59209.44 (54024.42) (1500.00) (19241.63) (7304.65) 62481.80 340337.58 113329.10 6 2011 49240.00 37392.15 62942.4 (55645.16) (1500.00) (20301.85) (6244.43) 65883.12 406220.70 93027.25 7 2012 49440.00 38513.92 66687.6 (57314.51) (1500.00) (21420.48) (5125.80) 69280.73 475501.42 71606.77 8 2013 49640.00 39669.34 70445.04 (59033.95) (1500.00) (22600.75) (3945.53) 72674.15 548175.57 49006.02 9 2014 49840.00 40859.42 74214.72 (60804.96) (1500.00) (23846.05) (2700.23) 76062.89 624238.46 25159.97 10 2015 50040.00 42085.20 77996.64 (62629.11) (1500.00) (25159.97) (1386.31) 79446.44 703684.90 (0.00) 11 2016 大学学费 50240.00 43347.75 81790.8 (64507.99) (1500.00) (24433.42) 84937.15 788622.05 12 2017 大学学费 50440.00 44648.19 85597.2 (66443.23) (1500.00) (25655.09) 87087.07 875709.12 13 2018 大学学费 50640.00 45987.63 89415.84 (68436.52) (1500.00) (26937.84) 89169.10 964878.23 14 2019 大学学费 50840.00 47367.26 93246.72 (70489.62) (1500.00) (28284.74) 91179.63 1056057.85 15 2020 女儿出国留学 51040.00 48788.28 97089.84 (72604.31) (1500.00) (296989.74) (174175.93) 881881.93 16 2021 女儿出国留学 51240.00 50251.93 100945.2 (74782.44) (1500.00) (311839.23) (185684.54) 696197.39 17 2022 51440.00 51759.49 104812.8 (77025.91) (1500.00) 129486.38 825683.77 18 2023 26496.42 53312.27 (79336.69) 472.01 826155.77 19 2024 26722.37 54911.64 (81716.79) (82.77) 826073.00 20 2025 26955.10 56558.99 (84168.29) (654.20) 825418.80 21 2026 27194.81 58255.76 (86693.34) (1242.77) 824176.03 22 2027 27441.72 60003.43 (89294.14) (1848.99) 822327.04 23 2028 27696.03 61803.53 (91972.96) (2473.40) 819853.63 24 2029 27957.97 63657.64 (94732.15) (3116.55) 816737.09 25 2030 28227.76 65567.37 (97574.12) (3778.99) 812958.10 26 2031 28505.65 67534.39 (100501.34) (4461.30) 808496.80 27 2032 28791.88 69560.42 (103516.38) (5164.08) 803332.72 28 2033 29086.70 71647.23 (106621.87) (5887.94) 797444.77 29 2034 29390.35 73796.65 (109820.53) (6633.52) 790811.25 30 2035 29703.12 76010.55 (113115.14) (7401.47) 783409.78 31 2036 30025.27 78290.87 (116508.60) (8192.46) 775217.32 32 2037 22172.36 80639.59 (120003.86) (17191.91) 758025.41 33 2038 22514.13 83058.78 (123603.97) (18031.07) 739994.34 34 2039 22866.15 85550.54 (127312.09) (18895.40) 721098.95 35 2040 23228.74 88117.06 (131131.45) (19785.66) 701313.29 36 2041 23602.20 90760.57 (135065.40) (20702.63) 680610.66 37 2042 23986.86 93483.39 (139117.36) (21647.11) 658963.55 38 2043 24383.07 96287.89 (143290.88) (22619.92) 636343.63 39 2044 24791.16 99176.53 (147589.61) (23621.92) 612721.71 40 2045 25211.50 102151.82 (152017.30) (24653.98) 588067.73 41 2046 25644.44 105216.38 (156577.81) (25717.00) 562350.73 42 2047 26090.37 108372.87 (161275.15) (26811.91) 535538.83 43 2048 26549.69 111624.05 (166113.40) (27939.66) 507599.16 44 2049 27022.78 114972.78 (171096.80) (29101.25) 478497.91 45 2050 27510.06 118421.96 (176229.71) (30297.69) 448200.22 46 2051 28011.96 121974.62 (181516.60) (31530.02) 416670.20 47 2052 28528.92 125633.86 (186962.10) (32799.32) 383870.88 48 2053 29061.39 129402.87 (192570.96) (34106.70) 349764.17 49 2054 29609.83 133284.96 (198348.09) (35453.30) 314310.87 50 2055 30174.72 137283.51 (204298.53) (36840.30) 277470.57 51 2056 30756.57 141402.01 (210427.49) (38268.91) 239201.66调整前现金流量表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 200000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (15526.28) (11020.00) 168098.52 250098.52 184473.72 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (16381.78) (10164.50) 219020.16 469118.68 168091.94 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (17284.42) (9261.87) 279992.68 749111.35 150807.52 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (18236.79) (8309.49) 377042.72 1126154.07 132570.73 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (19241.63) (7304.65) 464602.84 1590756.92 113329.10 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (20301.85) (6244.43) 625237.87 2215994.79 93027.25 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (21420.48) (5125.80) 689689.91 2905684.69 71606.77 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (22600.75) (3945.53) 760389.27 3666073.96 49006.02 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (23846.05) (2700.23) 837964.99 4504038.95 25159.97 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (25159.97) (1386.31) 899839.27 5403878.22 (0.00) 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) 996762.80 6400641.02 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) 1096961.40 7497602.42 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) 1207127.41 8704729.83 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) 1073706.21 9778436.05 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) 926913.53 10705349.58 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 12063905.04 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 13898598.87 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 17149687.72 19 2024 26722.37 54911.64 (85121.65) (3487.64) 17146200.08 20 2025 26955.10 56558.99 (87675.30) (4161.21) 17142038.87 21 2026 27194.81 58255.76 (90305.56) (4854.99) 17137183.88 22 2027 27441.72 60003.43 (93014.73) (5569.58) 17131614.30 23 2028 27696.03 61803.53 (95805.17) (6305.61) 17125308.69 24 2029 27957.97 63657.64 (98679.33) (7063.72) 17118244.96 25 2030 28227.76 65567.37 (101639.71) (7844.58) 17110400.39 26 2031 28505.65 67534.39 (104688.90) (8648.85) 17101751.53 27 2032 28791.88 69560.42 (107829.56) (9477.26) 17092274.27 28 2033 29086.70 71647.23 (111064.45) (10330.52) 17081943.75 29 2034 29390.35 73796.65 (114396.38) (11209.38) 17070734.37 30 2035 29703.12 76010.55 (117828.28) (12114.60) 17058619.76 31 2036 30025.27 78290.87 (121363.12) (13046.98) 17045572.78 32 2037 22172.36 80639.59 (125004.02) (22192.07) 17023380.71 33 2038 22514.13 83058.78 (128754.14) (23181.23) 17000199.48 34 2039 22866.15 85550.54 (132616.76) (24200.07) 16975999.41 35 2040 23228.74 88117.06 (136595.26) (25249.47) 16950749.94 36 2041 23602.20 90760.57 (140693.12) (26330.35) 16924419.59 37 2042 23986.86 93483.39 (144913.92) (27443.67) 16896975.92 38 2043 24383.07 96287.89 (149261.33) (28590.38) 16868385.55 39 2044 24791.16 99176.53 (153739.17) (29771.49) 16838614.06 40 2045 25211.50 102151.82 (158351.35) (30988.03) 16807626.03 41 2046 25644.44 105216.38 (163101.89) (32241.07) 16775384.96 42 2047 26090.37 108372.87 (167994.95) (33531.70) 16741853.25 43 2048 26549.69 111624.05 (173034.79) (34861.06) 16706992.20 44 2049 27022.78 114972.78 (178225.84) (36230.29) 16670761.91 45 2050 27510.06 118421.96 (183572.61) (37640.60) 16633121.32 46 2051 28011.96 121974.62 (189079.79) (39093.21) 16594028.10 47 2052 28528.92 125633.86 (194752.19) (40589.41) 16553438.69 48 2053 29061.39 129402.87 (200594.75) (42130.49) 16511308.20 49 2054 29609.83 133284.96 (206612.59) (43717.81) 16467590.39 50 2055 30174.72 137283.51 (212810.97) (45352.74) 16422237.65 51 2056 30756.57 141402.01 (219195.30) (47036.72) 16375200.93调整后现金流量表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 40000.00 82000.00 850000 1 2006 253750.00 48240.00 32254.80 44400.00 (24000.00) (48000.00) (108000.00) (4000.00) (100000.00) (45280.32) (44635.00) 4729.48 86729.48 804719.68 2 2007 304500.00 48440.00 33222.44 48084.00 (24000.00) (49440.00) (111240.00) (4000.00) (47668.70) (42246.62) 155651.13 242380.61 757050.99 3 2008 365400.00 48640.00 34219.12 51780.24 (24000.00) (50923.20) (114577.20) (4000.00) (50183.98) (39731.34) 216623.64 459004.26 706867.01 4 2009 438480.00 48840.00 35245.69 55488.72 (52450.90) (118014.52) (4000.00) (52832.94) (37082.37) 313673.68 772677.94 654034.07 5 2010 526176.00 49040.00 36303.06 59209.44 (54024.42) (121554.95) (4000.00) (55622.74) (34292.57) 401233.81 1173911.75 598411.33 6 2011 631411.20 49240.00 37392.15 62942.40 (125201.60) (4000.00) (58560.91) (31354.40) 561868.84 1735780.59 539850.41 7 2012 694552.32 49440.00 38513.92 66687.60 (128957.65) (4000.00) (61655.39) (28259.92) 626320.87 2362101.46 478195.02 8 2013 764007.55 49640.00 39669.34 70445.04 (132826.38) (4000.00) (64914.54) (25000.77) 697020.23 3059121.70 413280.48 9 2014 840408.31 49840.00 40859.42 74214.72 (136811.17) (4000.00) (68347.19) (21568.13) 774595.96 3833717.66 344933.29 10 2015 大学学费 924449.14 50040.00 42085.20 77996.64 (140915.50) (4000.00) (23269.92) (71962.61) (17952.70) 836470.23 4670187.89 272970.68 11 2016 2人大学学费 1016894.05 50240.00 43347.75 81790.80 (145142.97) (1500.00) (48866.84) (49224.33) (14144.71) 933393.76 5603581.66 223746.35 12 2017 2人大学学费 1118583.46 50440.00 44648.19 85597.20 (149497.26) (1500.00) (51310.18) (51772.52) (11596.52) 1033592.37 6637174.03 171973.84 13 2018 2人大学学费 1230441.80 50640.00 45987.63 89415.84 (153982.18) (1500.00) (53875.69) (54453.87) (8915.16) 1143758.38 7780932.40 117519.96 14 2019 留学/大学学费 1353485.98 50840.00 47367.26 93246.72 (158601.64) (1500.00) (311132.11) (57275.42) (6093.61) 1010337.18 8791269.59 60244.54 15 2020 2人出国留学 1488834.58 51040.00 48788.28 97089.84 (163359.69) (1500.00) (593979.48) (60244.54) (3124.49) 863544.50 9654814.08 (0.00) 16 2021 出国留学 1637718.04 51240.00 50251.93 100945.20 (168260.48) (1500.00) (311839.23) 1358555.46 11013369.54 17 2022 1801489.84 51440.00 51759.49 104812.80 (173308.30) (1500.00) 1834693.83 12848063.37 18 2023 退休将公司变现 3253922.54 26496.42 53312.27 (82642.38) 3251088.85 16099152.23 19 2024 26722.37 54911.64 (85121.65) (3487.64) 16095664.59 20 2025 26955.10 56558.99 (87675.30) (4161.21) 16091503.37 21 2026 27194.81 58255.76 (90305.56) (4854.99) 16086648.38 22 2027 27441.72 60003.43 (93014.73) (5569.58) 16081078.80 23 2028 27696.03 61803.53 (95805.17) (6305.61) 16074773.19 24 2029 27957.97 63657.64 (98679.33) (7063.72) 16067709.47 25 2030 28227.76 65567.37 (101639.71) (7844.58) 16059864.89 26 2031 28505.65 67534.39 (104688.90) (8648.85) 16051216.04 27 2032 28791.88 69560.42 (107829.56) (9477.26) 16041738.78 28 2033 29086.70 71647.23 (111064.45) (10330.52) 16031408.25 29 2034 29390.35 73796.65 (114396.38) (11209.38) 16020198.87 30 2035 29703.12 76010.55 (117828.28) (12114.60) 16008084.27 31 2036 30025.27 78290.87 (121363.12) (13046.98) 15995037.29 32 2037 22172.36 80639.59 (125004.02) (22192.07) 15972845.22 33 2038 22514.13 83058.78 (128754.14) (23181.23) 15949663.99 34 2039 22866.15 85550.54 (132616.76) (24200.07) 15925463.92 35 2040 23228.74 88117.06 (136595.26) (25249.47) 15900214.45 36 2041 23602.20 90760.57 (140693.12) (26330.35) 15873884.09 37 2042 23986.86 93483.39 (144913.92) (27443.67) 15846440.43 38 2043 24383.07 96287.89 (149261.33) (28590.38) 15817850.05 39 2044 24791.16 99176.53 (153739.17) (29771.49) 15788078.57 40 2045 25211.50 102151.82 (158351.35) (30988.03) 15757090.53 41 2046 25644.44 105216.38 (163101.89) (32241.07) 15724849.46 42 2047 26090.37 108372.87 (167994.95) (33531.70) 15691317.76 43 2048 26549.69 111624.05 (173034.79) (34861.06) 15656456.70 44 2049 27022.78 114972.78 (178225.84) (36230.29) 15620226.42 45 2050 27510.06 118421.96 (183572.61) (37640.60) 15582585.82 46 2051 28011.96 121974.62 (189079.79) (39093.21) 15543492.61 47 2052 28528.92 125633.86 (194752.19) (40589.41) 15502903.20 48 2053 29061.39 129402.87 (200594.75) (42130.49) 15460772.71 49 2054 29609.83 133284.96 (206612.59) (43717.81) 15417054.90 50 2055 30174.72 137283.51 (212810.97) (45352.74) 15371702.16 51 2056 30756.57 141402.01 (219195.30) (47036.72) 15324665.44Sheet1 风险承受能力评分表 年龄 10分 8分 6分 4分 2分 客户得分 40 总分50分，25岁以下者50分，每多一岁少1分，75岁以上者0分 35 就业状况 公教人员 上班族 佣金收入者 自营事业者 失业 4 家庭负担 未婚 双薪无子女 双薪有子女 单薪有子女 单薪养三代 6 置产状况 投资不动产 自宅无房贷 房贷<50％ 房贷>50％ 无自宅 6 投资经验 10年以上 6～10年 2～5年 1年以内 无 6 投资知识 有专业证照 财金科系毕 自修有心得 懂一些 一片空白 4 总分 61 风险态度评分表 忍受亏损% 10分 8分 6分 4分 2分 客户得分 10 不能容忍任何损失0分，每增加1%加2分，可容忍>25％得50分 20 首要考虑 赚短现差价 长期利得 年现金收益 抗通膨保值 保本保息 8 认赔动作 默认停损点 事后停损 部分认赔 持有待回升 加码摊平 6 赔钱心理 学习经验 照常过日子 影响情绪小 影响情绪大 难以成眠 6 最重要特性 获利性 收益兼成长 收益性 流动性 安全性 8 避免工具 无 期货 股票 外汇 不动产 8 总分 56购房规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 450000.00 (20066.32) (24795.00) 2 2007 190312.28 (10114.94) (8392.77) 429933.68 (21171.97) (23689.35) 3 2008 180197.34 (10561.01) (7946.70) 408761.71 (22338.55) (22522.77) 4 2009 169636.33 (11026.75) (7480.96) 386423.16 (23569.40) (21291.92) 5 2010 158609.57 (11513.03) (6994.68) 362853.76 (24868.08) (19993.24) 6 2011 147096.54 (12020.76) (6486.96) 337985.69 (26238.31) (18623.01) 7 2012 135075.78 (12550.87) (5956.84) 311747.38 (27684.04) (17177.28) 8 2013 122524.91 (13104.37) (5403.35) 284063.35 (29209.43) (15651.89) 9 2014 109420.54 (13682.27) (4825.45) 254853.92 (30818.87) (14042.45) 10 2015 95738.27 (14285.66) (4222.06) 224035.05 (32516.99) (12344.33) 11 2016 81452.61 (14915.66) (3592.06) 191518.07 (34308.67) (10552.65) 12 2017 66536.96 (15573.44) (2934.28) 157209.39 (36199.08) (8662.24) 13 2018 50963.52 (16260.22) (2247.49) 121010.31 (38193.65) (6667.67) 14 2019 34703.30 (16977.30) (1530.42) 82816.66 (40298.12) (4563.20) 15 2020 17726.00 (17726.00) (781.72) 42518.55 (42518.55) (2342.77) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。投资规划 王自强风险承受能力61分；风险态度56分，风险能力属于中高能力。但综合客户家庭情况，风险承受能力并不强,我们建议投资以稳健为主设定A=3U＝E(r)－0.005Aσ2投资规划 根据投资组合优化模型，理财师为王自强家庭做如下资产配置： 比例%） 风险资产1 24.75 风险资产2 35.96 风险资产3 19.58 风险资产4 10.86 风险资产5 8.85Sheet1 投资组合优化 动态模型 输入变量 预期收益率 标准 excel标准偏差excel标准偏差函数exl标准差函数国标检验抽样标准表免费下载红头文件格式标准下载 差 无风险资产 2.0% 10 0.0% 风险资产1 3.6% 18 3.4% 17 风险资产2 5.2% 26 5.6% 28 风险资产3 8.2% 41 8.8% 44 风险资产4 10.8% 54 14.4% 72 风险资产5 12.6% 63 18.0% 90 相关系数 1 2 3 4 5 1 100.0% 40.0% 40.0% 30.0% 30.0% 2 40.0% 100.0% 40.0% 30.0% 30.0% 3 40.0% 40.0% 100.0% 70.0% 60.0% 4 30.0% 30.0% 70.0% 100.0% 40.0% 5 30.0% 30.0% 60.0% 40.0% 100.0% 2 14 3 14 14 4 13 13 17 5 13 13 16 14 StandardDeviations 1 2 3 4 5 3.4% 5.6% 8.8% 14.4% 18.0% Oneplus ExpRet VariancesandCovariances [1+E(r)] Ones 1 2 3 4 5 102.0% 1 0.12% 0.08% 0.12% 0.15% 0.18% 1 103.6% 100.0% 2 0.08% 0.31% 0.20% 0.24% 0.30% 2 105.2% 100.0% 3 0.12% 0.20% 0.77% 0.89% 0.95% 3 108.2% 100.0% 4 0.15% 0.24% 0.89% 2.07% 1.04% 4 110.8% 100.0% 5 0.18% 0.30% 0.95% 1.04% 3.24% 5 112.6% 100.0% Outputs A 939.8914159031 B 973.022625271 C. 1007.7702411888 Efficient Efficient Delta 4.2E+02 Frontier Trade-off Individual Gamma 0.0697672096 Curve Line Asset OptimalCombination Standard Expected Expected Expected ofRiskyAssets Index Deviation Return Return Return (TangentPortfolio) RiskyAsset1 3.4% 3.6% 1 24.75% RiskyAsset2 5.6% 5.2% 2 35.96% RiskyAsset3 8.8% 8.2% 3 19.58% RiskyAsset4 14.4% 10.8% 4 10.86% RiskyAsset5 18.0% 12.6% 5 8.85% Trade-offCurve 0 25.00% -13.07% Trade-offCurve 1 22.54% -11.41% Trade-offCurve 2 20.10% -9.75% Trade-offCurve 3 17.65% -8.09% Trade-offCurve 4 15.23% -6.43% Trade-offCurve 5 12.82% -4.77% Trade-offCurve 6 10.44% -3.11% Trade-offCurve 7 8.12% -1.45% Trade-offCurve 8 5.93% 0.21% Trade-offCurve 9 4.10% 1.87% Trade-offCurve 10 3.26% 3.53% Trade-offCurve 11 4.10% 5.19% Trade-offCurve 12 5.93% 6.84% Trade-offCurve 13 8.12% 8.50% Trade-offCurve 14 10.44% 10.16% Trade-offCurve 15 12.82% 11.82% Trade-offCurve 16 15.23% 13.48% Trade-offCurve 17 17.65% 15.14% Trade-offCurve 18 20.10% 16.80% Trade-offCurve 19 22.54% 18.46% Trade-offCurve 20 25.00% 20.12% OptimalComb. 5.7% 6.7% EffTrade-offLine 0.0% 0.0% 2.0% EffTrade-offLine 100.0% 5.7% 6.7% EffTrade-offLine 200.0% 11.4% 11.3%Sheet1 StandardDeviation(s)ExpectedReturnEff.Trade-OffLine&Eff.FrontierCurveSheet2 资产数量PortfolioWeightsPortfolioWeightsinanOptimal(Tangent)Port.Sheet3 投资规划投资规划 效用函数U=E(r)-0.005A2 MaxU=a[E(Rp)-Rf]+Rf-0.005Aa2p2 设 dU/da=[E(Rp)-Rf]-0.01Aap2=0 投资风险偏好调查表显示客户的风险厌恶系数A=3,则风险资产的权重应为：a*=74.81% 按恒定比例投资 符合该投资者的投资组合策略为: 风险资产1=24.75%74.81%=18.52% 风险资产2=35.96%74.81%=26.90% 风险资产3=19.58%74.81%=14.65%风险资产4=10.86%74.81%=8.12%风险资产5=8.85%74.81%=6.62%无风险资产=1-74.81%=25.19%投资组合预期收益率=74.81%6.7%+25.19%2%=5.52%，标准差=74.81%5.7%=4.26%投资规划 根据晨星公司提供的基金排名，建议王自强家庭选择以下产品组合：1、债券型基金：华夏债券基金2、股票型基金：上投摩根基金3、配置型基金：宝康灵活基金4、货币型基金：建信货币基金5、无风险资产：国债投资规划——股票估值 三通公司的财务报表情况分析：Sheet1 资产负债表 金额 占比 收支损益表 现金及活存 500,000 1.41% 销售收入 50,000,000 100.00% 应收帐款 5,000,000 14.08% 销售成本 30,000,000 60.00% 存货 10,000,000 28.17% 销售毛利 20,000,000 40.00% 固定资产 20,000,000 56.34% 推销费用 5,000,000 10.00% 总资产 35,500,000 100.00% 管理费用 5,000,000 10.00% 应付帐款 3,000,000 8.45% 营业利益 10,000,000 20.00% 银行贷款 10,000,000 28.17% 利息费用 6,000,000 12.00% 股东权益 22,500,000 63.38% 税前净利 4,000,000 8.00%Sheet2 Sheet3 Sheet1 资产负债表 金额 占比 收支损益表 现金及活存 500,000 1.41% 销售收入 50,000,000 100.00% 应收帐款 5,000,000 14.08% 销售成本 30,000,000 60.00% 存货 10,000,000 28.17% 销售毛利 20,000,000 40.00% 固定资产 20,000,000 56.34% 推销费用 5,000,000 10.00% 总资产 35,500,000 100.00% 管理费用 5,000,000 10.00% 应付帐款 3,000,000 8.45% 营业利益 10,000,000 20.00% 银行贷款 10,000,000 28.17% 利息费用 6,000,000 12.00% 股东权益 22,500,000 63.38% 税前净利 4,000,000 8.00%Sheet2 Sheet3 投资规划——股票估值 流动比例=流动资产-流动负债=1.19 速动比例=速动资产-流动负债=0.42短期偿债能力一般 资产负债率=负债/资产=37%资产负债比例偏低，还有举债扩大再生产获取超额利润的空间 应收帐款周转率=销售收入/应收帐款=10货款回笼速度正常 每股收益率=400/2250=18% 资产收益率=400/3550=11%盈利能力较强 综合以上分析，三通公司的股票价格偏低，且根据三通公司的资产负债和利润情况，三通公司情况较好，盈利能力强，因此可继续持有该股票获利，做为投资组合的一部份。投资规划——股票估值 三通公司股价分析：每股净值法：净资产（股东权益）/股本数=22500000/（4000000*1.3）=4.33元现金股利折现法：股权收益率＝2％＋0.8×（12.61%－2％）＝10.488%企业所得税＝400×20%=80万元企业税后利润＝400－80＝320万元每股分配股利=320×80％/520=0.4923元股价＝0.4923/10.488%=4.694元由于每股净值法与现金股利折现法评估的股价分别为4.33元和4.69元，目前股价每股4元，我们推断出该股票的价值被低估，建议持有该股票。敏感度分析 由于王自强企业的税后收入占家庭总收入的76%，且盈余成长率预估未来五年为20%，以后维持10%，成长率较高，而未来有着较大的不确定性，故其家庭理财规划对王自强的收入变化十分敏感。敏感度分析 收入敏感度分析 公司成长率 原条件 测试一 测试二 五年内 20.00% 10.00% 0.00% 五年后 10.00% 5.00% 0.00% IRR 1.00% 3.00% 5.00%遗产规划鉴于王自强先生家庭情况较为复杂，为避免今后不必要的纠纷理财师建议采取公证遗嘱方式，由王自强先生与张怡君小姐分别订遗嘱，根据自己的意愿把财产传承给家人，根据需要也可邀请公证员到现场办理。同时，提醒王自强先生与张怡君小姐在设立遗嘱时应考虑以下问题： 对遗产的传承——谁继承、继承的份额 继承的方式和成本 对流动性资产的安排，包括偿还债务以及用于妻子、女儿、父母维持必要的生活、教育费用等。 确立保险金给付的问题，如受益人、收益人之间的分配。 对女儿的安排，建议可以互相收养对方为义女。理财规划报告书王自强先生理财规划报告书规划后的收入支出生涯仿真图Chart1 358034.8 -402148.422112882 413034.8 -306828.422112882 413246.8 -311648.822112882 413458.8 -292613.834112882 413670.8 -297727.796472882 413882.8 -247350.022137282 479840.4 -251106.070138014 480052.4 -254974.799578768 480264.4 -258959.590902744 480476.4 -286333.849206118 480688.4 -292421.204056232 480900.4 -299218.835065473 481112.4 -306269.261843794 481324.4 -568145.145819846 481536.4 -855750.566399915 481748.4 -481599.707904588 481960.4 -174808.295422669 558751.223789557 -82642.3816135875 58977.1744797145 -85121.6530619952 59209.9036905766 -87675.302653855 59449.6147777644 -90305.5617334707 59696.517197568 -93014.7285854748 59950.8266899656 -95805.1704430391 60212.7654671351 -98679.3255563302 60482.5624076198 -101639.70532302 60760.453256319 -104688.896482711 61046.6808304791 -107829.563377192 61341.4952318641 -111064.450278508 61645.1540652906 -114396.383786863 61957.9226637199 -117828.275300469 62280.0743201021 -121363.123559483 54427.1564085287 -125004.017266268 54768.9271007846 -128754.137784256 55120.9509138081 -132616.761917783 55483.5354412223 -136595.264775317 55856.997504459 -140693.122718576 56241.6634295928 -144913.916400134 56637.8693324805 -149261.333892138 57045.961412455 -153739.173908902 57466.2962548286 -158351.349126169 57899.2411424735 -163101.889599954 58345.1743767477 -167994.946287952 58804.4856080501 -173034.794676591 59277.5761762916 -178225.838516889 59764.8594615804 -183572.613672395 60266.7612454278 -189079.792082567 60783.7200827906 -194752.185845044 61316.1876852743 -200594.751420396 61864.6293158326 -206612.593963008 62429.5241953075 -212810.971781898 63011.3659211668 -219195.300935355 63610.6628988018 -225771.159963415 64227.9387857658 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 106060 273940 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 260470 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 260470 总计 170500 净收入 89970 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 14.77% 工资所得 48240 14.41% 赡养费 48000 29.53% 房租收入 32254.8 9.63% 生活费用 60000 36.91% 保费支出 4000 2.46% 房贷支出 26546.28 16.33% 总计 334804.8 总计 162546.28 净收入 172258.52房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 650000.00 (28984.68) (35815.00) 2 2007 190312.28 (10114.94) (8392.77) 621015.32 (30581.74) (34217.94) 3 2008 180197.34 (10561.01) (7946.70) 590433.58 (32266.79) (32532.89) 4 2009 169636.33 (11026.75) (7480.96) 558166.79 (34044.69) (30754.99) 5 2010 158609.57 (11513.03) (6994.68) 524122.10 (35920.55) (28879.13) 6 2011 147096.54 (12020.76) (6486.96) 488201.55 (37899.78) (26899.91) 7 2012 135075.78 (12550.87) (5956.84) 450301.77 (39988.05) (24811.63) 8 2013 122524.91 (13104.37) (5403.35) 410313.72 (42191.39) (22608.29) 9 2014 109420.54 (13682.27) (4825.45) 368122.33 (44516.14) (20283.54) 10 2015 95738.27 (14285.66) (4222.06) 323606.19 (46968.98) (17830.70) 11 2016 81452.61 (14915.66) (3592.06) 276637.21 (49556.97) (15242.71) 12 2017 66536.96 (15573.44) (2934.28) 227080.24 (52287.56) (12512.12) 13 2018 50963.52 (16260.22) (2247.49) 174792.68 (55168.60) (9631.08) 14 2019 34703.30 (16977.30) (1530.42) 119624.07 (58208.39) (6591.29) 15 2020 17726.00 (17726.00) (781.72) 61415.68 (61415.68) (3384.00) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产3余值 房产总计价值 2006 500000 1000000 1500000 2007 5.00% 2.00% 514500 1029000 1543500 2008 5.00% 2.00% 529421 1058841 1588262 2009 5.00% 2.00% 544774 1089547 1634321 2010 5.00% 2.00% 560572 1121144 1681716 2011 5.00% 2.00% 576829 1153657 1730486 2012 5.00% 2.00% 593557 1187114 1780670 2013 5.00% 2.00% 610770 1221540 1832310 2014 5.00% 2.00% 628482 1256964 1885447 2015 5.00% 2.00% 646708 1293416 1940125 2016 5.00% 2.00% 665463 1330926 1996388 2017 5.00% 2.00% 684761 1369522 2054284 2018 5.00% 2.00% 704619 1409238 2113858 2019 5.00% 2.00% 725053 1450106 2175160 2020 5.00% 2.00% 746080 1492159 2238239 2021 5.00% 2.00% 767716 1535432 2303148 2022 5.00% 2.00% 789980 1579960 2369939 2023 5.00% 2.00% 812889 1625778 2438668 退休时 2024 5.00% 2.00% 836463 1672926 2509389 2025 5.00% 2.00% 860720 1721441 2582161 2026 5.00% 2.00% 885681 1771363 2657044 2027 5.00% 2.00% 911366 1822732 2734098 2028 5.00% 2.00% 937796 1875591 2813387 2029 5.00% 2.00% 964992 1929984 2894975 2030 5.00% 2.00% 992977 1985953 2978930 2031 5.00% 2.00% 1021773 2043546 3065319 2032 5.00% 2.00% 1051404 2102809 3154213 2033 5.00% 2.00% 1081895 2163790 3245685 2034 5.00% 2.00% 1113270 2226540 3339810 2035 5.00% 2.00% 1145555 2291110 3436664 2036 5.00% 2.00% 1178776 2357552 3536328 2037 5.00% 2.00% 1212960 2425921 3638881 2038 5.00% 2.00% 1248136 2496273 3744409 2039 5.00% 2.00% 1284332 2568664 3852997 2040 5.00% 2.00% 1321578 2643156 3964734 2041 5.00% 2.00% 1359904 2719807 4079711 2042 5.00% 2.00% 1399341 2798682 4198022 2043 5.00% 2.00% 1439922 2879843 4319765 2044 5.00% 2.00% 1481679 2963359 4445038 2045 5.00% 2.00% 1524648 3049296 4573944 2046 5.00% 2.00% 1568863 3137726 4706589 2047 5.00% 2.00% 1614360 3228720 4843080 2048 5.00% 2.00% 1661176 3322353 4983529 2049 5.00% 2.00% 1709350 3418701 5128051 2050 5.00% 2.00% 1758922 3517843 5276765 2051 5.00% 2.00% 1809930 3619861 5429791 2052 5.00% 2.00% 1862418 3724837 5587255 2053 5.00% 2.00% 1916428 3832857 5749285 2054 5.00% 2.00% 1972005 3944010 5916015 2055 5.00% 2.00% 2029193 4058386 6087579 2056 5.00% 2.00% 2088040 4176079 6264119养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金提取额 公积金余额 养老金缺口计算(调整后） 养老金账户余额 30000 公积金账户余额 40000 养老金总需求 -5229274.73 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 3600 0 提取当年公积金还贷 基本养老金 979241.05 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 3612 0 提取当年公积金还贷 房租收入 1161172.80 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 3624 0 提取当年公积金还贷 理财准备 2583513.21 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 3636 0 提取当年公积金还贷 养老金赤字 -505347.67 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 3648 0 提取当年公积金还贷 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 3660 0 提取当年公积金还贷 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 3672 0 提取当年公积金还贷 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 3684 0 提取当年公积金还贷 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 3696 0 提取当年公积金还贷 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 3708 0 提取当年公积金还贷 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 3720 0 提取当年公积金还贷 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 3732 0 提取当年公积金还贷 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 3744 0 提取当年公积金还贷 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 3756 0 提取当年公积金还贷 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 3768 0 提取当年公积金还贷 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 3780 3780 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 3792 7572 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73 养老金缺口计算(调整后） 养老金总需求 -5229274.73 基本养老金 979241.05 房租收入 1161172.80 理财准备 2583513.21 养老金赤字 -505347.67王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 260470.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 89970.00 109970.00 1000000.00 2 2007 312564.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 137744.00 247714.00 1200000.00 3 2008 312564.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 133294.40 381008.40 1440000.00 4 2009 312564.00 (52450.90) (39338.17) (65563.62) (2500.00) 152711.31 533719.71 1728000.00 5 2010 312564.00 (54024.42) (40518.32) (67530.53) (2500.00) 147990.73 681710.44 2073600.00 6 2011 312564.00 (41733.87) (69556.44) (2500.00) 198773.69 880484.13 2280960.00 7 2012 343820.40 (42985.88) (71643.14) (2500.00) 226691.38 1107175.51 2509056.00 8 2013 343820.40 (44275.46) (73792.43) (2500.00) 223252.51 1330428.02 2759961.60 9 2014 378202.44 (45603.72) (76006.20) (2500.00) 254092.51 1584520.53 3035957.76 10 2015 大学学费 378202.44 (46971.83) (78286.39) (2500.00) (23269.92) 227174.29 1811694.82 3339553.54 11 2016 大学学费 378202.44 (48380.99) (80634.98) (24433.42) 224753.05 2036447.87 3673508.89 12 2017 大学学费 378202.44 (49832.42) (83054.03) (25655.09) 219660.90 2256108.77 4040859.78 13 2018 大学学费 378202.44 (51327.39) (85545.65) (26937.84) 214391.55 2470500.32 4444945.76 14 2019 女儿出国留学 378202.44 (52867.21) (88112.02) (282847.37) (45624.17) 2424876.15 4889440.33 15 2020 女儿出国留学 378202.44 (54453.23) (90755.38) (296989.74) (63995.91) 2360880.24 5378384.37 16 2021 378202.44 (56086.83) (93478.04) 228637.57 2589517.81 5916222.80 17 2022 378202.44 (57769.43) (96282.39) 224150.62 2813668.43 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 3154995.06 19 2024 (61287.59) (102145.98) (163433.57) 2991561.48 20 2025 (63126.22) (105210.36) (168336.58) 2823224.90 21 2026 (65020.00) (108366.67) (173386.68) 2649838.22 22 2027 (66970.60) (111617.67) (178588.28) 2471249.94 23 2028 (68979.72) (114966.20) (183945.93) 2287304.02 24 2029 (71049.11) (118415.19) (189464.31) 2097839.71 25 2030 (73180.59) (121967.65) (195148.23) 1902691.48 26 2031 (75376.01) (125626.68) (201002.68) 1701688.80 27 2032 (77637.29) (129395.48) (207032.76) 1494656.03 28 2033 (79966.40) (133277.34) (213243.74) 1281412.29 29 2034 (82365.40) (137275.66) (219641.06) 1061771.23 30 2035 (84836.36) (141393.93) (226230.29) 835540.94 31 2036 (87381.45) (145635.75) (233017.20) 602523.75 32 2037 (90002.89) (150004.82) (240007.71) 362516.03 33 2038 (92702.98) (154504.97) (247207.94) 115308.09 34 2039 (95484.07) (159140.11) (254624.18) (139316.09) 35 2040 (98348.59) (163914.32) (262262.91) (401579.00) 36 2041 (101299.05) (168831.75) (270130.80) (671709.80) 37 2042 (104338.02) (173896.70) (278234.72) (949944.52) 38 2043 (107468.16) (179113.60) (286581.76) (1236526.28) 39 2044 (110692.21) (184487.01) (295179.21) (1531705.49) 40 2045 (114012.97) (190021.62) (304034.59) (1835740.08) 41 2046 (117433.36) (195722.27) (313155.63) (2148895.71) 42 2047 (120956.36) (201593.94) (322550.30) (2471446.01) 43 2048 (124585.05) (207641.75) (332226.81) (2803672.81) 44 2049 (128322.60) (213871.01) (342193.61) (3145866.42) 45 2050 (132172.28) (220287.14) (352459.42) (3498325.84) 46 2051 (136137.45) (226895.75) (363033.20) (3861359.04) 47 2052 (140221.57) (233702.62) (373924.20) (4235283.24) 48 2053 (144428.22) (240713.70) (385141.92) (4620425.16) 49 2054 (148761.07) (247935.11) (396696.18) (5017121.34) 50 2055 (153223.90) (255373.17) (408597.07) (5425718.41) 51 2056 (157820.62) (263034.36) (420854.98) (5846573.39) 52 2057 (162555.24) (270925.39) (433480.63) (6280054.01) 53 2058 (167431.89) (279053.15) (446485.05) (6726539.06)张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 62000 160000 1 2006 48240.00 32254.80 3600 (48000.00) (1500.00) (12421.03) (8816.00) 13357.77 75357.77 147578.97 2 2007 48440.00 32254.80 3612 (49440.00) (1500.00) (13105.42) (8131.60) 12129.77 87487.55 134473.55 3 2008 48640.00 32254.80 3624 (50923.20) (1500.00) (13827.53) (7409.49) 10858.57 98346.12 120646.02 4 2009 48840.00 32254.80 3636 (52450.90) (1500.00) (14589.43) (6647.60) 9542.88 107889.00 106056.59 5 2010 49040.00 32254.80 3648 (54024.42) (1500.00) (15393.31) (5843.72) 8181.35 116070.35 90663.28 6 2011 49240.00 32254.80 3660 (55645.16) (1500.00) (16241.48) (4995.55) 6772.62 122842.97 74421.80 7 2012 49440.00 32254.80 3672 (57314.51) (1500.00) (17136.38) (4100.64) 5315.26 128158.23 57285.41 8 2013 49640.00 32254.80 3684 (59033.95) (1500.00) (18080.60) (3156.43) 3807.83 131966.06 39204.81 9 2014 49840.00 32254.80 3696 (60804.96) (1500.00) (19076.84) (2160.19) 2248.81 134214.87 20127.97 10 2015 50040.00 32254.80 3708 (62629.11) (1500.00) (20127.97) (1109.05) 636.66 134851.53 (0.00) 11 2016 大学学费 50240.00 32254.80 3720 (64507.99) (1500.00) (24433.42) (4226.61) 130624.93 12 2017 大学学费 50440.00 32254.80 3732 (66443.23) (1500.00) (25655.09) (7171.52) 123453.41 13 2018 大学学费 50640.00 32254.80 3744 (68436.52) (1500.00) (26937.84) (10235.57) 113217.85 14 2019 大学学费 50840.00 32254.80 3756 (70489.62) (1500.00) (28284.74) (13423.56) 99794.29 15 2020 女儿出国留学 51040.00 32254.80 3768 (72604.31) (1500.00) (296989.74) (284031.25) (184236.96) 16 2021 女儿出国留学 51240.00 32254.80 3780 (74782.44) (1500.00) (311839.23) (300846.86) (485083.82) 17 2022 51440.00 32254.80 3792 (77025.91) (1500.00) 8960.89 (476122.93) 18 2023 26496.42 32254.80 (79336.69) (20585.46) (496708.39) 19 2024 26722.37 32254.80 (81716.79) (22739.61) (519448.00) 20 2025 26955.10 32254.80 (84168.29) (24958.39) (544406.39) 21 2026 27194.81 32254.80 (86693.34) (27243.72) (571650.11) 22 2027 27441.72 32254.80 (89294.14) (29597.62) (601247.74) 23 2028 27696.03 32254.80 (91972.96) (32022.14) (633269.87) 24 2029 27957.97 32254.80 (94732.15) (34519.39) (667789.26) 25 2030 28227.76 32254.80 (97574.12) (37091.55) (704880.82) 26 2031 28505.65 32254.80 (100501.34) (39740.89) (744621.70) 27 2032 28791.88 32254.80 (103516.38) (42469.70) (787091.40) 28 2033 29086.70 32254.80 (106621.87) (45280.38) (832371.78) 29 2034 29390.35 32254.80 (109820.53) (48175.37) (880547.15) 30 2035 29703.12 32254.80 (113115.14) (51157.22) (931704.38) 31 2036 30025.27 32254.80 (116508.60) (54228.52) (985932.90) 32 2037 22172.36 32254.80 (120003.86) (65576.70) (1051509.60) 33 2038 22514.13 32254.80 (123603.97) (68835.05) (1120344.65) 34 2039 22866.15 32254.80 (127312.09) (72191.14) (1192535.79) 35 2040 23228.74 32254.80 (131131.45) (75647.92) (1268183.71) 36 2041 23602.20 32254.80 (135065.40) (79208.40) (1347392.11) 37 2042 23986.86 32254.80 (139117.36) (82875.70) (1430267.80) 38 2043 24383.07 32254.80 (143290.88) (86653.01) (1516920.81) 39 2044 24791.16 32254.80 (147589.61) (90543.65) (1607464.46) 40 2045 25211.50 32254.80 (152017.30) (94551.00) (1702015.46) 41 2046 25644.44 32254.80 (156577.81) (98678.57) (1800694.03) 42 2047 26090.37 32254.80 (161275.15) (102929.97) (1903624.00) 43 2048 26549.69 32254.80 (166113.40) (107308.92) (2010932.92) 44 2049 27022.78 32254.80 (171096.80) (111819.23) (2122752.15) 45 2050 27510.06 32254.80 (176229.71) (116464.85) (2239217.00) 46 2051 28011.96 32254.80 (181516.60) (121249.84) (2360466.84) 47 2052 28528.92 32254.80 (186962.10) (126178.38) (2486645.22) 48 2053 29061.39 32254.80 (192570.96) (131254.77) (2617899.99) 49 2054 29609.83 32254.80 (198348.09) (136483.46) (2754383.45) 50 2055 30174.72 32254.80 (204298.53) (141869.01) (2896252.46) 51 2056 30756.57 32254.80 (210427.49) (147416.12) (3043668.58) 52 2057 31355.86 32254.80 (216740.31) (153129.65) (3196798.23) 53 2058 31973.14 32254.80 (223242.52) (159014.58) (3355812.82)调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 82000.00 160000 1 2006 260470.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (4000.00) (12421.03) (8816.00) 139327.77 221327.77 147578.97 2 2007 312564.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (4000.00) (13105.42) (8131.60) 186953.77 408281.55 134473.55 3 2008 312564.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (4000.00) (13827.53) (7409.49) 182345.37 590626.92 120646.02 4 2009 312564.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (4000.00) (14589.43) (6647.60) 201592.36 792219.28 106056.59 5 2010 312564.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (4000.00) (15393.31) (5843.72) 196690.40 988909.68 90663.28 6 2011 312564.00 49240.00 32254.80 3660.00 (125201.60) (4000.00) (16241.48) (4995.55) 247280.17 1236189.86 74421.80 7 2012 343820.40 49440.00 32254.80 3672.00 (128957.65) (4000.00) (17136.38) (4100.64) 274992.53 1511182.38 57285.41 8 2013 343820.40 49640.00 32254.80 3684.00 (132826.38) (4000.00) (18080.60) (3156.43) 271335.80 1782518.18 39204.81 9 2014 378202.44 49840.00 32254.80 3696.00 (136811.17) (4000.00) (19076.84) (2160.19) 301945.05 2084463.23 20127.97 10 2015 大学学费 378202.44 50040.00 32254.80 3708.00 (140915.50) (4000.00) (23269.92) (20127.97) (1109.05) 274782.79 2359246.01 (0.00) 11 2016 2人大学学费 378202.44 50240.00 32254.80 3720.00 (145142.97) (1500.00) (48866.84) 268907.43 2628153.45 12 2017 2人大学学费 378202.44 50440.00 32254.80 3732.00 (149497.26) (1500.00) (51310.18) 262321.80 2890475.25 13 2018 2人大学学费 378202.44 50640.00 32254.80 3744.00 (153982.18) (1500.00) (53875.69) 255483.37 3145958.62 14 2019 留学/大学学费 378202.44 50840.00 32254.80 3756.00 (158601.64) (1500.00) (311132.11) (6180.51) 3139778.11 15 2020 2人出国留学 378202.44 51040.00 32254.80 3768.00 (163359.69) (1500.00) (593979.48) (293573.93) 2846204.18 16 2021 出国留学 378202.44 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) (16122.47) 2830081.71 17 2022 378202.44 51440.00 32254.80 3792.00 (173308.30) (1500.00) 290880.94 3120962.66 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 476108.84 3597071.50 19 2024 26722.37 32254.80 (85121.65) (26144.48) 3570927.02 20 2025 26955.10 32254.80 (87675.30) (28465.40) 3542461.62 21 2026 27194.81 32254.80 (90305.56) (30855.95) 3511605.68 22 2027 27441.72 32254.80 (93014.73) (33318.21) 3478287.47 23 2028 27696.03 32254.80 (95805.17) (35854.34) 3442433.12 24 2029 27957.97 32254.80 (98679.33) (38466.56) 3403966.56 25 2030 28227.76 32254.80 (101639.71) (41157.14) 3362809.42 26 2031 28505.65 32254.80 (104688.90) (43928.44) 3318880.98 27 2032 28791.88 32254.80 (107829.56) (46782.88) 3272098.09 28 2033 29086.70 32254.80 (111064.45) (49722.96) 3222375.14 29 2034 29390.35 32254.80 (114396.38) (52751.23) 3169623.91 30 2035 29703.12 32254.80 (117828.28) (55870.35) 3113753.56 31 2036 30025.27 32254.80 (121363.12) (59083.05) 3054670.51 32 2037 22172.36 32254.80 (125004.02) (70576.86) 2984093.65 33 2038 22514.13 32254.80 (128754.14) (73985.21) 2910108.43 34 2039 22866.15 32254.80 (132616.76) (77495.81) 2832612.62 35 2040 23228.74 32254.80 (136595.26) (81111.73) 2751500.89 36 2041 23602.20 32254.80 (140693.12) (84836.13) 2666664.77 37 2042 23986.86 32254.80 (144913.92) (88672.25) 2577992.52 38 2043 24383.07 32254.80 (149261.33) (92623.46) 2485369.05 39 2044 24791.16 32254.80 (153739.17) (96693.21) 2388675.84 40 2045 25211.50 32254.80 (158351.35) (100885.05) 2287790.79 41 2046 25644.44 32254.80 (163101.89) (105202.65) 2182588.14 42 2047 26090.37 32254.80 (167994.95) (109649.77) 2072938.37 43 2048 26549.69 32254.80 (173034.79) (114230.31) 1958708.06 44 2049 27022.78 32254.80 (178225.84) (118948.26) 1839759.79 45 2050 27510.06 32254.80 (183572.61) (123807.75) 1715952.04 46 2051 28011.96 32254.80 (189079.79) (128813.03) 1587139.01 47 2052 28528.92 32254.80 (194752.19) (133968.47) 1453170.54 48 2053 29061.39 32254.80 (200594.75) (139278.56) 1313891.98 49 2054 29609.83 32254.80 (206612.59) (144747.96) 1169144.02 50 2055 30174.72 32254.80 (212810.97) (150381.45) 1018762.57 51 2056 30756.57 32254.80 (219195.30) (156183.94) 862578.63 52 2057 31355.86 32254.80 (225771.16) (162160.50) 700418.14 53 2058 31973.14 32254.80 (232544.29) (168316.36) 532101.78 总计 6414752.76 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (160000.00) (52370.26) 450101.78调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 1010000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (51093.42) (53451.00) 358034.80 (402148.42) (44113.62) 38658.21 958906.58 2 2007 328728.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (53802.10) (50742.32) 413034.80 (306828.42) 106206.38 145228.47 905104.47 3 2008 328728.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (56655.34) (47889.09) 413246.80 (311648.82) 101597.98 248193.42 848449.14 4 2009 328728.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (59660.87) (44883.55) 413458.80 (292613.83) 120844.97 371374.54 788788.26 5 2010 328728.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (62826.89) (41717.53) 413670.80 (297727.80) 115943.00 490813.15 725961.37 6 2011 328728.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (66162.01) (38382.41) 413882.80 (247350.02) 166532.78 661965.76 659799.36 7 2012 394473.60 49440.00 32254.80 3672.00 (128957.65) (17604.00) (69675.31) (34869.11) 479840.40 (251106.07) 228734.33 896930.92 590124.04 8 2013 394473.60 49640.00 32254.80 3684.00 (132826.38) (17604.00) (73376.36) (31168.06) 480052.40 (254974.80) 225077.60 1130450.99 516747.68 9 2014 394473.60 49840.00 32254.80 3696.00 (136811.17) (17604.00) (77275.25) (27269.17) 480264.40 (258959.59) 221304.81 1362396.29 439472.43 10 2015 大学学费 394473.60 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (81382.61) (23161.81) 480476.40 (286333.85) 194142.55 1569362.56 358089.82 11 2016 2人大学学费 394473.60 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (64472.63) (18834.77) 480688.40 (292421.20) 188267.20 1772401.56 293617.19 12 2017 2人大学学费 394473.60 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (67861.00) (15446.40) 480900.40 (299218.84) 181681.56 1970766.06 225756.20 13 2018 2人大学学费 394473.60 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (71428.83) (11878.57) 481112.40 (306269.26) 174843.14 2164159.26 154327.37 14 2019 留学/大学学费 394473.60 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (75185.69) (8121.70) 481324.40 (568145.15) (86820.75) 2097708.91 79141.68 15 2020 2人出国留学 394473.60 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (79141.68) (4165.72) 481536.40 (855750.57) (374214.17) 1743239.67 (0.00) 16 2021 出国留学 394473.60 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 481748.40 (481599.71) 148.69 1759796.81 17 2022 394473.60 51440.00 32254.80 3792.00 (173308.30) (1500.00) 481960.40 (174808.30) 307152.10 2083513.21 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 558751.22 (82642.38) 476108.84 2579233.36 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 2577366.21 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 2573160.57 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 2566524.79 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 2557364.29 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 2545581.43 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 2531075.45 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 2513742.35 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 2493474.80 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2470162.03 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2443689.76 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2413940.04 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2380791.18 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 2344117.60 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 2295605.02 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 2243227.46 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 2186846.28 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 2126318.50 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 2061496.59 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1992228.41 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1918357.03 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1839720.57 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1756152.10 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1667479.44 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1573525.01 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1474105.68 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1369032.61 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1258111.03 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1141140.12 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1017912.77 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 888215.42 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 751827.89 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 608523.11 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 458066.97 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 300218.08 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 134727.56 合计 6756789.60 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (1010000.00) (451981.20) 10355647.05 (11117179.38) (761532.32) IRR 1%生涯仿真图 1生涯仿真图 358034.8 -402148.422112882 413034.8 -306828.422112882 413246.8 -311648.822112882 413458.8 -292613.834112882 413670.8 -297727.796472882 413882.8 -247350.022137282 479840.4 -251106.070138014 480052.4 -254974.799578768 480264.4 -258959.590902744 480476.4 -286333.849206118 480688.4 -292421.204056232 480900.4 -299218.835065473 481112.4 -306269.261843794 481324.4 -568145.145819846 481536.4 -855750.566399915 481748.4 -481599.707904588 481960.4 -174808.295422669 558751.223789557 -82642.3816135875 58977.1744797145 -85121.6530619952 59209.9036905766 -87675.302653855 59449.6147777644 -90305.5617334707 59696.517197568 -93014.7285854748 59950.8266899656 -95805.1704430391 60212.7654671351 -98679.3255563302 60482.5624076198 -101639.70532302 60760.453256319 -104688.896482711 61046.6808304791 -107829.563377192 61341.4952318641 -111064.450278508 61645.1540652906 -114396.383786863 61957.9226637199 -117828.275300469 62280.0743201021 -121363.123559483 54427.1564085287 -125004.017266268 54768.9271007846 -128754.137784256 55120.9509138081 -132616.761917783 55483.5354412223 -136595.264775317 55856.997504459 -140693.122718576 56241.6634295928 -144913.916400134 56637.8693324805 -149261.333892138 57045.961412455 -153739.173908902 57466.2962548286 -158351.349126169 57899.2411424735 -163101.889599954 58345.1743767477 -167994.946287952 58804.4856080501 -173034.794676591 59277.5761762916 -178225.838516889 59764.8594615804 -183572.613672395 60266.7612454278 -189079.792082567 60783.7200827906 -194752.185845044 61316.1876852743 -200594.751420396 61864.6293158326 -206612.593963008 62429.5241953075 -212810.971781898 63011.3659211668 -219195.300935355 63610.6628988018 -225771.159963415 64227.9387857658 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图敏感度分析 -44113.6221128817 106206.377887118 101597.977887118 120844.965887118 115943.003527118 166532.777862718 228734.329861986 225077.600421232 221304.809097256 194142.550793882 188267.195943768 181681.564934527 174843.138156206 -86820.7458198461 -374214.166399915 148.6920954122 307152.104577331 476108.84217597 -26144.4785822806 -28465.3989632785 -30855.9469557062 -33318.2113879068 -35854.3437530735 -38466.5600891951 -41157.1429154003 -43928.4432263918 -46782.8825467129 -49722.9550466437 -52751.2297215725 -55870.3526367491 -59083.0492393809 -70576.8608577389 -73985.210683471 -77495.8110039752 -81111.7293340944 -84836.1252141172 -88672.2529705408 -92623.464559657 -96693.2124964467 -100885.05287134 -105202.64845748 -109649.771911205 -114230.309068541 -118948.262340597 -123807.754210815 -128813.030837139 -133968.465762254 -139278.563735121 -144747.964647175 -150381.44758659 -156183.935014188 -162160.497064614 -168316.355976552净现金流年份金额现金流量生涯仿真图 82000 38658.2123493311 145228.465121068 248193.422694464 371374.537812437 490813.147030677 661965.760276144 896930.919242838 1130450.98544085 1362396.29488452 1569362.55801477 1772401.56012906 1970766.05927075 2164159.26037213 2097708.91331902 1743239.67412631 1759796.81081181 2083513.20593885 2579233.35658823 2577366.20959989 2573160.56749408 2566524.79130421 2557364.29067304 2545581.43340745 2531075.45230207 2513742.34914945 2493474.79585229 2470162.03255068 2443689.76267442 2413940.04482833 2380791.18141492 2344117.60389686 2295605.02048019 2243227.45694836 2186846.2832353 2126318.49688856 2061496.58988833 1992228.41145206 1918357.02670409 1839720.57108616 1756152.10038075 1667479.43621548 1573525.00691284 1474105.68354538 1369032.6110524 1258111.03426967 1141140.1187196 1017912.76600419 888215.423638928 751827.889160454 608523.108336142 458066.967298377 300218.078421107 134727.55975071理财准备年份金额理财准备生涯仿真图 收入敏感度分析 公司成长率 原方案 测试一 测试二 五年内 20.00% 10.00% 0.00% 五年后 10.00% 5.00% 0.00% IRR 1.00% 3.00% 5.00% 测试一 公司成长率 五年内 10.00% 若 五年后 5.00% IRR 3% 生涯仿真表 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 59999.20 767824.94 2 2007 301334.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 385640.80 (286890.06) 98750.74 160340.99 723432.60 3 2008 301334.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 385852.80 (291710.46) 94142.34 258735.22 676705.51 4 2009 301334.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 386064.80 (272675.47) 113389.33 378985.63 627519.92 5 2010 301334.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 386276.80 (277789.43) 108487.37 497522.86 575745.51 6 2011 301334.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 386488.80 (227411.66) 159077.14 669793.20 521244.96 7 2012 331467.40 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 416834.20 (231167.71) 185666.49 873221.13 463873.67 8 2013 331467.40 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 417046.20 (235036.44) 182009.76 1078386.79 403479.28 9 2014 331467.40 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 417258.20 (239021.23) 178236.97 1285220.19 339901.30 10 2015 大学学费 331467.40 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 417470.20 (266395.49) 151074.71 1470376.10 272970.68 11 2016 2人大学学费 331467.40 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 417682.20 (272482.84) 145199.36 1654566.58 223746.35 12 2017 2人大学学费 331467.40 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 417894.20 (279280.47) 138613.73 1837055.75 171973.84 13 2018 2人大学学费 331467.40 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 418106.20 (286330.90) 131775.30 2017545.71 117519.96 14 2019 留学/大学学费 331467.40 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 418318.20 (548206.78) (129888.58) 1941157.98 60244.54 15 2020 2人出国留学 331467.40 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 418530.20 (835812.20) (417282.00) 1575351.19 (0.00) 16 2021 出国留学 331467.40 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 418742.20 (481599.71) (62857.51) 1554268.51 17 2022 331467.40 51440.00 32254.80 3792.00 (173308.30) (1500.00) 418954.20 (174808.30) 244145.90 1839630.17 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1864521.94 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1887820.45 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1909415.88 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1929193.41 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1947033.14 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1962809.81 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1976392.62 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1987645.04 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1996424.55 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2002582.43 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2005963.52 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2006406.01 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2003741.10 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1997792.84 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1980193.02 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1958718.15 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1933163.21 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1903314.69 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1868950.26 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1829838.43 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1785738.23 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1736398.85 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1681559.25 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1620947.83 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1554282.01 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1481267.82 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1401599.50 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1314959.07 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1221015.84 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1119426.01 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1009832.15 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 891862.70 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 765131.48 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 629237.14 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 483762.62 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 328274.58 合计 5426751.40 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 9025608.85 (10818103.93) (1792495.08) IRR 3% 测试一 公司成长率 五年内 0.00% 若 五年后 0.00% IRR 5% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 61876.26 767824.94 2 2007 273940.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 358246.80 (286890.06) 71356.74 136290.23 723432.60 3 2008 273940.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 358458.80 (291710.46) 66748.34 209772.51 676705.51 4 2009 273940.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 358670.80 (272675.47) 85995.33 306132.44 627519.92 5 2010 273940.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 358882.80 (277789.43) 81093.37 402351.43 575745.51 6 2011 273940.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 359094.80 (227411.66) 131683.14 553914.26 521244.96 7 2012 273940.00 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 359306.80 (231167.71) 128139.09 709421.58 463873.67 8 2013 273940.00 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 359518.80 (235036.44) 124482.36 868955.59 403479.28 9 2014 273940.00 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 359730.80 (239021.23) 120709.57 1032599.19 339901.30 10 2015 大学学费 273940.00 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 359942.80 (266395.49) 93547.31 1177165.97 272970.68 11 2016 2人大学学费 273940.00 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 360154.80 (272482.84) 87671.96 1323000.25 223746.35 12 2017 2人大学学费 273940.00 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 360366.80 (279280.47) 81086.33 1469454.40 171973.84 13 2018 2人大学学费 273940.00 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 360578.80 (286330.90) 74247.90 1616306.24 117519.96 14 2019 留学/大学学费 273940.00 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 360790.80 (548206.78) (187415.98) 1508749.96 60244.54 15 2020 2人出国留学 273940.00 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 361002.80 (835812.20) (474809.40) 1108486.04 (0.00) 16 2021 出国留学 273940.00 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 361214.80 (481599.71) (120384.91) 1042870.07 17 2022 273940.00 51440.00 32254.80 3792.00 (173308.30) (1500.00) 361426.80 (174808.30) 186618.50 1281015.50 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1320417.75 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1359513.49 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1398219.98 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1436448.36 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1474103.30 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1511082.59 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1547276.77 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1582568.67 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1616833.00 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 1649935.85 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 1681734.20 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 1712075.40 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 1740796.59 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1767724.16 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1784488.38 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1798672.55 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1810046.94 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1818367.41 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1823374.58 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1824793.03 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1822330.35 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1815676.24 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1804501.52 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1788457.08 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1767172.77 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1740256.30 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1707291.97 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1667839.41 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1621432.28 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1567576.79 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1505750.27 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 1435399.58 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 1355939.46 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 1266750.83 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 1167178.94 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 1056531.46 合计 4656980.00 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 8255837.45 (10818103.93) (2562266.48) IRR 5%规划后的现金流量生涯仿真图Chart1 -44113.6221128817 106206.377887118 101597.977887118 120844.965887118 115943.003527118 166532.777862718 228734.329861986 225077.600421232 221304.809097256 194142.550793882 188267.195943768 181681.564934527 174843.138156206 -86820.7458198461 -374214.166399915 148.6920954122 307152.104577331 476108.84217597 -26144.4785822806 -28465.3989632785 -30855.9469557062 -33318.2113879068 -35854.3437530735 -38466.5600891951 -41157.1429154003 -43928.4432263918 -46782.8825467129 -49722.9550466437 -52751.2297215725 -55870.3526367491 -59083.0492393809 -70576.8608577389 -73985.210683471 -77495.8110039752 -81111.7293340944 -84836.1252141172 -88672.2529705408 -92623.464559657 -96693.2124964467 -100885.05287134 -105202.64845748 -109649.771911205 -114230.309068541 -118948.262340597 -123807.754210815 -128813.030837139 -133968.465762254 -139278.563735121 -144747.964647175 -150381.44758659 -156183.935014188 -162160.497064614 -168316.355976552净现金流年份金额现金流量生涯仿真图假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 106060 273940 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 260470 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 260470 总计 170500 净收入 89970 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 14.77% 工资所得 48240 14.41% 赡养费 48000 29.53% 房租收入 32254.8 9.63% 生活费用 60000 36.91% 保费支出 4000 2.46% 房贷支出 26546.28 16.33% 总计 334804.8 总计 162546.28 净收入 172258.52房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 650000.00 (28984.68) (35815.00) 2 2007 190312.28 (10114.94) (8392.77) 621015.32 (30581.74) (34217.94) 3 2008 180197.34 (10561.01) (7946.70) 590433.58 (32266.79) (32532.89) 4 2009 169636.33 (11026.75) (7480.96) 558166.79 (34044.69) (30754.99) 5 2010 158609.57 (11513.03) (6994.68) 524122.10 (35920.55) (28879.13) 6 2011 147096.54 (12020.76) (6486.96) 488201.55 (37899.78) (26899.91) 7 2012 135075.78 (12550.87) (5956.84) 450301.77 (39988.05) (24811.63) 8 2013 122524.91 (13104.37) (5403.35) 410313.72 (42191.39) (22608.29) 9 2014 109420.54 (13682.27) (4825.45) 368122.33 (44516.14) (20283.54) 10 2015 95738.27 (14285.66) (4222.06) 323606.19 (46968.98) (17830.70) 11 2016 81452.61 (14915.66) (3592.06) 276637.21 (49556.97) (15242.71) 12 2017 66536.96 (15573.44) (2934.28) 227080.24 (52287.56) (12512.12) 13 2018 50963.52 (16260.22) (2247.49) 174792.68 (55168.60) (9631.08) 14 2019 34703.30 (16977.30) (1530.42) 119624.07 (58208.39) (6591.29) 15 2020 17726.00 (17726.00) (781.72) 61415.68 (61415.68) (3384.00) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产3余值 房产总计价值 2006 500000 1000000 1500000 2007 5.00% 2.00% 514500 1029000 1543500 2008 5.00% 2.00% 529421 1058841 1588262 2009 5.00% 2.00% 544774 1089547 1634321 2010 5.00% 2.00% 560572 1121144 1681716 2011 5.00% 2.00% 576829 1153657 1730486 2012 5.00% 2.00% 593557 1187114 1780670 2013 5.00% 2.00% 610770 1221540 1832310 2014 5.00% 2.00% 628482 1256964 1885447 2015 5.00% 2.00% 646708 1293416 1940125 2016 5.00% 2.00% 665463 1330926 1996388 2017 5.00% 2.00% 684761 1369522 2054284 2018 5.00% 2.00% 704619 1409238 2113858 2019 5.00% 2.00% 725053 1450106 2175160 2020 5.00% 2.00% 746080 1492159 2238239 2021 5.00% 2.00% 767716 1535432 2303148 2022 5.00% 2.00% 789980 1579960 2369939 2023 5.00% 2.00% 812889 1625778 2438668 退休时 2024 5.00% 2.00% 836463 1672926 2509389 2025 5.00% 2.00% 860720 1721441 2582161 2026 5.00% 2.00% 885681 1771363 2657044 2027 5.00% 2.00% 911366 1822732 2734098 2028 5.00% 2.00% 937796 1875591 2813387 2029 5.00% 2.00% 964992 1929984 2894975 2030 5.00% 2.00% 992977 1985953 2978930 2031 5.00% 2.00% 1021773 2043546 3065319 2032 5.00% 2.00% 1051404 2102809 3154213 2033 5.00% 2.00% 1081895 2163790 3245685 2034 5.00% 2.00% 1113270 2226540 3339810 2035 5.00% 2.00% 1145555 2291110 3436664 2036 5.00% 2.00% 1178776 2357552 3536328 2037 5.00% 2.00% 1212960 2425921 3638881 2038 5.00% 2.00% 1248136 2496273 3744409 2039 5.00% 2.00% 1284332 2568664 3852997 2040 5.00% 2.00% 1321578 2643156 3964734 2041 5.00% 2.00% 1359904 2719807 4079711 2042 5.00% 2.00% 1399341 2798682 4198022 2043 5.00% 2.00% 1439922 2879843 4319765 2044 5.00% 2.00% 1481679 2963359 4445038 2045 5.00% 2.00% 1524648 3049296 4573944 2046 5.00% 2.00% 1568863 3137726 4706589 2047 5.00% 2.00% 1614360 3228720 4843080 2048 5.00% 2.00% 1661176 3322353 4983529 2049 5.00% 2.00% 1709350 3418701 5128051 2050 5.00% 2.00% 1758922 3517843 5276765 2051 5.00% 2.00% 1809930 3619861 5429791 2052 5.00% 2.00% 1862418 3724837 5587255 2053 5.00% 2.00% 1916428 3832857 5749285 2054 5.00% 2.00% 1972005 3944010 5916015 2055 5.00% 2.00% 2029193 4058386 6087579 2056 5.00% 2.00% 2088040 4176079 6264119养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金提取额 公积金余额 养老金缺口计算(调整后） 养老金账户余额 30000 公积金账户余额 40000 养老金总需求 -5229274.73 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 3600 0 提取当年公积金还贷 基本养老金 979241.05 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 3612 0 提取当年公积金还贷 房租收入 1161172.80 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 3624 0 提取当年公积金还贷 理财准备 2583513.21 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 3636 0 提取当年公积金还贷 养老金赤字 -505347.67 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 3648 0 提取当年公积金还贷 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 3660 0 提取当年公积金还贷 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 3672 0 提取当年公积金还贷 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 3684 0 提取当年公积金还贷 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 3696 0 提取当年公积金还贷 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 3708 0 提取当年公积金还贷 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 3720 0 提取当年公积金还贷 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 3732 0 提取当年公积金还贷 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 3744 0 提取当年公积金还贷 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 3756 0 提取当年公积金还贷 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 3768 0 提取当年公积金还贷 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 3780 3780 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 3792 7572 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73 养老金缺口计算(调整后） 养老金总需求 -5229274.73 基本养老金 979241.05 房租收入 1161172.80 理财准备 2583513.21 养老金赤字 -505347.67王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 260470.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 89970.00 109970.00 1000000.00 2 2007 312564.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 137744.00 247714.00 1200000.00 3 2008 312564.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 133294.40 381008.40 1440000.00 4 2009 312564.00 (52450.90) (39338.17) (65563.62) (2500.00) 152711.31 533719.71 1728000.00 5 2010 312564.00 (54024.42) (40518.32) (67530.53) (2500.00) 147990.73 681710.44 2073600.00 6 2011 312564.00 (41733.87) (69556.44) (2500.00) 198773.69 880484.13 2280960.00 7 2012 343820.40 (42985.88) (71643.14) (2500.00) 226691.38 1107175.51 2509056.00 8 2013 343820.40 (44275.46) (73792.43) (2500.00) 223252.51 1330428.02 2759961.60 9 2014 378202.44 (45603.72) (76006.20) (2500.00) 254092.51 1584520.53 3035957.76 10 2015 大学学费 378202.44 (46971.83) (78286.39) (2500.00) (23269.92) 227174.29 1811694.82 3339553.54 11 2016 大学学费 378202.44 (48380.99) (80634.98) (24433.42) 224753.05 2036447.87 3673508.89 12 2017 大学学费 378202.44 (49832.42) (83054.03) (25655.09) 219660.90 2256108.77 4040859.78 13 2018 大学学费 378202.44 (51327.39) (85545.65) (26937.84) 214391.55 2470500.32 4444945.76 14 2019 女儿出国留学 378202.44 (52867.21) (88112.02) (282847.37) (45624.17) 2424876.15 4889440.33 15 2020 女儿出国留学 378202.44 (54453.23) (90755.38) (296989.74) (63995.91) 2360880.24 5378384.37 16 2021 378202.44 (56086.83) (93478.04) 228637.57 2589517.81 5916222.80 17 2022 378202.44 (57769.43) (96282.39) 224150.62 2813668.43 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 3154995.06 19 2024 (61287.59) (102145.98) (163433.57) 2991561.48 20 2025 (63126.22) (105210.36) (168336.58) 2823224.90 21 2026 (65020.00) (108366.67) (173386.68) 2649838.22 22 2027 (66970.60) (111617.67) (178588.28) 2471249.94 23 2028 (68979.72) (114966.20) (183945.93) 2287304.02 24 2029 (71049.11) (118415.19) (189464.31) 2097839.71 25 2030 (73180.59) (121967.65) (195148.23) 1902691.48 26 2031 (75376.01) (125626.68) (201002.68) 1701688.80 27 2032 (77637.29) (129395.48) (207032.76) 1494656.03 28 2033 (79966.40) (133277.34) (213243.74) 1281412.29 29 2034 (82365.40) (137275.66) (219641.06) 1061771.23 30 2035 (84836.36) (141393.93) (226230.29) 835540.94 31 2036 (87381.45) (145635.75) (233017.20) 602523.75 32 2037 (90002.89) (150004.82) (240007.71) 362516.03 33 2038 (92702.98) (154504.97) (247207.94) 115308.09 34 2039 (95484.07) (159140.11) (254624.18) (139316.09) 35 2040 (98348.59) (163914.32) (262262.91) (401579.00) 36 2041 (101299.05) (168831.75) (270130.80) (671709.80) 37 2042 (104338.02) (173896.70) (278234.72) (949944.52) 38 2043 (107468.16) (179113.60) (286581.76) (1236526.28) 39 2044 (110692.21) (184487.01) (295179.21) (1531705.49) 40 2045 (114012.97) (190021.62) (304034.59) (1835740.08) 41 2046 (117433.36) (195722.27) (313155.63) (2148895.71) 42 2047 (120956.36) (201593.94) (322550.30) (2471446.01) 43 2048 (124585.05) (207641.75) (332226.81) (2803672.81) 44 2049 (128322.60) (213871.01) (342193.61) (3145866.42) 45 2050 (132172.28) (220287.14) (352459.42) (3498325.84) 46 2051 (136137.45) (226895.75) (363033.20) (3861359.04) 47 2052 (140221.57) (233702.62) (373924.20) (4235283.24) 48 2053 (144428.22) (240713.70) (385141.92) (4620425.16) 49 2054 (148761.07) (247935.11) (396696.18) (5017121.34) 50 2055 (153223.90) (255373.17) (408597.07) (5425718.41) 51 2056 (157820.62) (263034.36) (420854.98) (5846573.39) 52 2057 (162555.24) (270925.39) (433480.63) (6280054.01) 53 2058 (167431.89) (279053.15) (446485.05) (6726539.06)张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 62000 160000 1 2006 48240.00 32254.80 3600 (48000.00) (1500.00) (12421.03) (8816.00) 13357.77 75357.77 147578.97 2 2007 48440.00 32254.80 3612 (49440.00) (1500.00) (13105.42) (8131.60) 12129.77 87487.55 134473.55 3 2008 48640.00 32254.80 3624 (50923.20) (1500.00) (13827.53) (7409.49) 10858.57 98346.12 120646.02 4 2009 48840.00 32254.80 3636 (52450.90) (1500.00) (14589.43) (6647.60) 9542.88 107889.00 106056.59 5 2010 49040.00 32254.80 3648 (54024.42) (1500.00) (15393.31) (5843.72) 8181.35 116070.35 90663.28 6 2011 49240.00 32254.80 3660 (55645.16) (1500.00) (16241.48) (4995.55) 6772.62 122842.97 74421.80 7 2012 49440.00 32254.80 3672 (57314.51) (1500.00) (17136.38) (4100.64) 5315.26 128158.23 57285.41 8 2013 49640.00 32254.80 3684 (59033.95) (1500.00) (18080.60) (3156.43) 3807.83 131966.06 39204.81 9 2014 49840.00 32254.80 3696 (60804.96) (1500.00) (19076.84) (2160.19) 2248.81 134214.87 20127.97 10 2015 50040.00 32254.80 3708 (62629.11) (1500.00) (20127.97) (1109.05) 636.66 134851.53 (0.00) 11 2016 大学学费 50240.00 32254.80 3720 (64507.99) (1500.00) (24433.42) (4226.61) 130624.93 12 2017 大学学费 50440.00 32254.80 3732 (66443.23) (1500.00) (25655.09) (7171.52) 123453.41 13 2018 大学学费 50640.00 32254.80 3744 (68436.52) (1500.00) (26937.84) (10235.57) 113217.85 14 2019 大学学费 50840.00 32254.80 3756 (70489.62) (1500.00) (28284.74) (13423.56) 99794.29 15 2020 女儿出国留学 51040.00 32254.80 3768 (72604.31) (1500.00) (296989.74) (284031.25) (184236.96) 16 2021 女儿出国留学 51240.00 32254.80 3780 (74782.44) (1500.00) (311839.23) (300846.86) (485083.82) 17 2022 51440.00 32254.80 3792 (77025.91) (1500.00) 8960.89 (476122.93) 18 2023 26496.42 32254.80 (79336.69) (20585.46) (496708.39) 19 2024 26722.37 32254.80 (81716.79) (22739.61) (519448.00) 20 2025 26955.10 32254.80 (84168.29) (24958.39) (544406.39) 21 2026 27194.81 32254.80 (86693.34) (27243.72) (571650.11) 22 2027 27441.72 32254.80 (89294.14) (29597.62) (601247.74) 23 2028 27696.03 32254.80 (91972.96) (32022.14) (633269.87) 24 2029 27957.97 32254.80 (94732.15) (34519.39) (667789.26) 25 2030 28227.76 32254.80 (97574.12) (37091.55) (704880.82) 26 2031 28505.65 32254.80 (100501.34) (39740.89) (744621.70) 27 2032 28791.88 32254.80 (103516.38) (42469.70) (787091.40) 28 2033 29086.70 32254.80 (106621.87) (45280.38) (832371.78) 29 2034 29390.35 32254.80 (109820.53) (48175.37) (880547.15) 30 2035 29703.12 32254.80 (113115.14) (51157.22) (931704.38) 31 2036 30025.27 32254.80 (116508.60) (54228.52) (985932.90) 32 2037 22172.36 32254.80 (120003.86) (65576.70) (1051509.60) 33 2038 22514.13 32254.80 (123603.97) (68835.05) (1120344.65) 34 2039 22866.15 32254.80 (127312.09) (72191.14) (1192535.79) 35 2040 23228.74 32254.80 (131131.45) (75647.92) (1268183.71) 36 2041 23602.20 32254.80 (135065.40) (79208.40) (1347392.11) 37 2042 23986.86 32254.80 (139117.36) (82875.70) (1430267.80) 38 2043 24383.07 32254.80 (143290.88) (86653.01) (1516920.81) 39 2044 24791.16 32254.80 (147589.61) (90543.65) (1607464.46) 40 2045 25211.50 32254.80 (152017.30) (94551.00) (1702015.46) 41 2046 25644.44 32254.80 (156577.81) (98678.57) (1800694.03) 42 2047 26090.37 32254.80 (161275.15) (102929.97) (1903624.00) 43 2048 26549.69 32254.80 (166113.40) (107308.92) (2010932.92) 44 2049 27022.78 32254.80 (171096.80) (111819.23) (2122752.15) 45 2050 27510.06 32254.80 (176229.71) (116464.85) (2239217.00) 46 2051 28011.96 32254.80 (181516.60) (121249.84) (2360466.84) 47 2052 28528.92 32254.80 (186962.10) (126178.38) (2486645.22) 48 2053 29061.39 32254.80 (192570.96) (131254.77) (2617899.99) 49 2054 29609.83 32254.80 (198348.09) (136483.46) (2754383.45) 50 2055 30174.72 32254.80 (204298.53) (141869.01) (2896252.46) 51 2056 30756.57 32254.80 (210427.49) (147416.12) (3043668.58) 52 2057 31355.86 32254.80 (216740.31) (153129.65) (3196798.23) 53 2058 31973.14 32254.80 (223242.52) (159014.58) (3355812.82)调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 82000.00 160000 1 2006 260470.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (4000.00) (12421.03) (8816.00) 139327.77 221327.77 147578.97 2 2007 312564.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (4000.00) (13105.42) (8131.60) 186953.77 408281.55 134473.55 3 2008 312564.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (4000.00) (13827.53) (7409.49) 182345.37 590626.92 120646.02 4 2009 312564.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (4000.00) (14589.43) (6647.60) 201592.36 792219.28 106056.59 5 2010 312564.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (4000.00) (15393.31) (5843.72) 196690.40 988909.68 90663.28 6 2011 312564.00 49240.00 32254.80 3660.00 (125201.60) (4000.00) (16241.48) (4995.55) 247280.17 1236189.86 74421.80 7 2012 343820.40 49440.00 32254.80 3672.00 (128957.65) (4000.00) (17136.38) (4100.64) 274992.53 1511182.38 57285.41 8 2013 343820.40 49640.00 32254.80 3684.00 (132826.38) (4000.00) (18080.60) (3156.43) 271335.80 1782518.18 39204.81 9 2014 378202.44 49840.00 32254.80 3696.00 (136811.17) (4000.00) (19076.84) (2160.19) 301945.05 2084463.23 20127.97 10 2015 大学学费 378202.44 50040.00 32254.80 3708.00 (140915.50) (4000.00) (23269.92) (20127.97) (1109.05) 274782.79 2359246.01 (0.00) 11 2016 2人大学学费 378202.44 50240.00 32254.80 3720.00 (145142.97) (1500.00) (48866.84) 268907.43 2628153.45 12 2017 2人大学学费 378202.44 50440.00 32254.80 3732.00 (149497.26) (1500.00) (51310.18) 262321.80 2890475.25 13 2018 2人大学学费 378202.44 50640.00 32254.80 3744.00 (153982.18) (1500.00) (53875.69) 255483.37 3145958.62 14 2019 留学/大学学费 378202.44 50840.00 32254.80 3756.00 (158601.64) (1500.00) (311132.11) (6180.51) 3139778.11 15 2020 2人出国留学 378202.44 51040.00 32254.80 3768.00 (163359.69) (1500.00) (593979.48) (293573.93) 2846204.18 16 2021 出国留学 378202.44 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) (16122.47) 2830081.71 17 2022 378202.44 51440.00 32254.80 3792.00 (173308.30) (1500.00) 290880.94 3120962.66 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 476108.84 3597071.50 19 2024 26722.37 32254.80 (85121.65) (26144.48) 3570927.02 20 2025 26955.10 32254.80 (87675.30) (28465.40) 3542461.62 21 2026 27194.81 32254.80 (90305.56) (30855.95) 3511605.68 22 2027 27441.72 32254.80 (93014.73) (33318.21) 3478287.47 23 2028 27696.03 32254.80 (95805.17) (35854.34) 3442433.12 24 2029 27957.97 32254.80 (98679.33) (38466.56) 3403966.56 25 2030 28227.76 32254.80 (101639.71) (41157.14) 3362809.42 26 2031 28505.65 32254.80 (104688.90) (43928.44) 3318880.98 27 2032 28791.88 32254.80 (107829.56) (46782.88) 3272098.09 28 2033 29086.70 32254.80 (111064.45) (49722.96) 3222375.14 29 2034 29390.35 32254.80 (114396.38) (52751.23) 3169623.91 30 2035 29703.12 32254.80 (117828.28) (55870.35) 3113753.56 31 2036 30025.27 32254.80 (121363.12) (59083.05) 3054670.51 32 2037 22172.36 32254.80 (125004.02) (70576.86) 2984093.65 33 2038 22514.13 32254.80 (128754.14) (73985.21) 2910108.43 34 2039 22866.15 32254.80 (132616.76) (77495.81) 2832612.62 35 2040 23228.74 32254.80 (136595.26) (81111.73) 2751500.89 36 2041 23602.20 32254.80 (140693.12) (84836.13) 2666664.77 37 2042 23986.86 32254.80 (144913.92) (88672.25) 2577992.52 38 2043 24383.07 32254.80 (149261.33) (92623.46) 2485369.05 39 2044 24791.16 32254.80 (153739.17) (96693.21) 2388675.84 40 2045 25211.50 32254.80 (158351.35) (100885.05) 2287790.79 41 2046 25644.44 32254.80 (163101.89) (105202.65) 2182588.14 42 2047 26090.37 32254.80 (167994.95) (109649.77) 2072938.37 43 2048 26549.69 32254.80 (173034.79) (114230.31) 1958708.06 44 2049 27022.78 32254.80 (178225.84) (118948.26) 1839759.79 45 2050 27510.06 32254.80 (183572.61) (123807.75) 1715952.04 46 2051 28011.96 32254.80 (189079.79) (128813.03) 1587139.01 47 2052 28528.92 32254.80 (194752.19) (133968.47) 1453170.54 48 2053 29061.39 32254.80 (200594.75) (139278.56) 1313891.98 49 2054 29609.83 32254.80 (206612.59) (144747.96) 1169144.02 50 2055 30174.72 32254.80 (212810.97) (150381.45) 1018762.57 51 2056 30756.57 32254.80 (219195.30) (156183.94) 862578.63 52 2057 31355.86 32254.80 (225771.16) (162160.50) 700418.14 53 2058 31973.14 32254.80 (232544.29) (168316.36) 532101.78 总计 6414752.76 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (160000.00) (52370.26) 450101.78调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 1010000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (51093.42) (53451.00) 358034.80 (402148.42) (44113.62) 38658.21 958906.58 2 2007 328728.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (53802.10) (50742.32) 413034.80 (306828.42) 106206.38 145228.47 905104.47 3 2008 328728.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (56655.34) (47889.09) 413246.80 (311648.82) 101597.98 248193.42 848449.14 4 2009 328728.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (59660.87) (44883.55) 413458.80 (292613.83) 120844.97 371374.54 788788.26 5 2010 328728.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (62826.89) (41717.53) 413670.80 (297727.80) 115943.00 490813.15 725961.37 6 2011 328728.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (66162.01) (38382.41) 413882.80 (247350.02) 166532.78 661965.76 659799.36 7 2012 394473.60 49440.00 32254.80 3672.00 (128957.65) (17604.00) (69675.31) (34869.11) 479840.40 (251106.07) 228734.33 896930.92 590124.04 8 2013 394473.60 49640.00 32254.80 3684.00 (132826.38) (17604.00) (73376.36) (31168.06) 480052.40 (254974.80) 225077.60 1130450.99 516747.68 9 2014 394473.60 49840.00 32254.80 3696.00 (136811.17) (17604.00) (77275.25) (27269.17) 480264.40 (258959.59) 221304.81 1362396.29 439472.43 10 2015 大学学费 394473.60 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (81382.61) (23161.81) 480476.40 (286333.85) 194142.55 1569362.56 358089.82 11 2016 2人大学学费 394473.60 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (64472.63) (18834.77) 480688.40 (292421.20) 188267.20 1772401.56 293617.19 12 2017 2人大学学费 394473.60 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (67861.00) (15446.40) 480900.40 (299218.84) 181681.56 1970766.06 225756.20 13 2018 2人大学学费 394473.60 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (71428.83) (11878.57) 481112.40 (306269.26) 174843.14 2164159.26 154327.37 14 2019 留学/大学学费 394473.60 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (75185.69) (8121.70) 481324.40 (568145.15) (86820.75) 2097708.91 79141.68 15 2020 2人出国留学 394473.60 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (79141.68) (4165.72) 481536.40 (855750.57) (374214.17) 1743239.67 (0.00) 16 2021 出国留学 394473.60 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 481748.40 (481599.71) 148.69 1759796.81 17 2022 394473.60 51440.00 32254.80 3792.00 (173308.30) (1500.00) 481960.40 (174808.30) 307152.10 2083513.21 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 558751.22 (82642.38) 476108.84 2579233.36 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 2577366.21 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 2573160.57 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 2566524.79 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 2557364.29 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 2545581.43 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 2531075.45 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 2513742.35 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 2493474.80 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2470162.03 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2443689.76 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2413940.04 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2380791.18 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 2344117.60 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 2295605.02 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 2243227.46 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 2186846.28 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 2126318.50 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 2061496.59 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1992228.41 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1918357.03 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1839720.57 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1756152.10 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1667479.44 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1573525.01 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1474105.68 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1369032.61 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1258111.03 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1141140.12 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1017912.77 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 888215.42 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 751827.89 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 608523.11 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 458066.97 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 300218.08 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 134727.56 合计 6756789.60 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (1010000.00) (451981.20) 10355647.05 (11117179.38) (761532.32) IRR 1%生涯仿真图 1生涯仿真图 358034.8 -402148.422112882 413034.8 -306828.422112882 413246.8 -311648.822112882 413458.8 -292613.834112882 413670.8 -297727.796472882 413882.8 -247350.022137282 479840.4 -251106.070138014 480052.4 -254974.799578768 480264.4 -258959.590902744 480476.4 -286333.849206118 480688.4 -292421.204056232 480900.4 -299218.835065473 481112.4 -306269.261843794 481324.4 -568145.145819846 481536.4 -855750.566399915 481748.4 -481599.707904588 481960.4 -174808.295422669 558751.223789557 -82642.3816135875 58977.1744797145 -85121.6530619952 59209.9036905766 -87675.302653855 59449.6147777644 -90305.5617334707 59696.517197568 -93014.7285854748 59950.8266899656 -95805.1704430391 60212.7654671351 -98679.3255563302 60482.5624076198 -101639.70532302 60760.453256319 -104688.896482711 61046.6808304791 -107829.563377192 61341.4952318641 -111064.450278508 61645.1540652906 -114396.383786863 61957.9226637199 -117828.275300469 62280.0743201021 -121363.123559483 54427.1564085287 -125004.017266268 54768.9271007846 -128754.137784256 55120.9509138081 -132616.761917783 55483.5354412223 -136595.264775317 55856.997504459 -140693.122718576 56241.6634295928 -144913.916400134 56637.8693324805 -149261.333892138 57045.961412455 -153739.173908902 57466.2962548286 -158351.349126169 57899.2411424735 -163101.889599954 58345.1743767477 -167994.946287952 58804.4856080501 -173034.794676591 59277.5761762916 -178225.838516889 59764.8594615804 -183572.613672395 60266.7612454278 -189079.792082567 60783.7200827906 -194752.185845044 61316.1876852743 -200594.751420396 61864.6293158326 -206612.593963008 62429.5241953075 -212810.971781898 63011.3659211668 -219195.300935355 63610.6628988018 -225771.159963415 64227.9387857658 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图敏感度分析 -44113.6221128817 106206.377887118 101597.977887118 120844.965887118 115943.003527118 166532.777862718 228734.329861986 225077.600421232 221304.809097256 194142.550793882 188267.195943768 181681.564934527 174843.138156206 -86820.7458198461 -374214.166399915 148.6920954122 307152.104577331 476108.84217597 -26144.4785822806 -28465.3989632785 -30855.9469557062 -33318.2113879068 -35854.3437530735 -38466.5600891951 -41157.1429154003 -43928.4432263918 -46782.8825467129 -49722.9550466437 -52751.2297215725 -55870.3526367491 -59083.0492393809 -70576.8608577389 -73985.210683471 -77495.8110039752 -81111.7293340944 -84836.1252141172 -88672.2529705408 -92623.464559657 -96693.2124964467 -100885.05287134 -105202.64845748 -109649.771911205 -114230.309068541 -118948.262340597 -123807.754210815 -128813.030837139 -133968.465762254 -139278.563735121 -144747.964647175 -150381.44758659 -156183.935014188 -162160.497064614 -168316.355976552净现金流年份金额现金流量生涯仿真图 82000 38658.2123493311 145228.465121068 248193.422694464 371374.537812437 490813.147030677 661965.760276144 896930.919242838 1130450.98544085 1362396.29488452 1569362.55801477 1772401.56012906 1970766.05927075 2164159.26037213 2097708.91331902 1743239.67412631 1759796.81081181 2083513.20593885 2579233.35658823 2577366.20959989 2573160.56749408 2566524.79130421 2557364.29067304 2545581.43340745 2531075.45230207 2513742.34914945 2493474.79585229 2470162.03255068 2443689.76267442 2413940.04482833 2380791.18141492 2344117.60389686 2295605.02048019 2243227.45694836 2186846.2832353 2126318.49688856 2061496.58988833 1992228.41145206 1918357.02670409 1839720.57108616 1756152.10038075 1667479.43621548 1573525.00691284 1474105.68354538 1369032.6110524 1258111.03426967 1141140.1187196 1017912.76600419 888215.423638928 751827.889160454 608523.108336142 458066.967298377 300218.078421107 134727.55975071理财准备年份金额理财准备生涯仿真图 收入敏感度分析 公司成长率 原方案 测试一 测试二 五年内 20.00% 10.00% 0.00% 五年后 10.00% 5.00% 0.00% IRR 1.00% 3.00% 5.00% 测试一 公司成长率 五年内 10.00% 若 五年后 5.00% IRR 3% 生涯仿真表 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 59999.20 767824.94 2 2007 301334.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 385640.80 (286890.06) 98750.74 160340.99 723432.60 3 2008 301334.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 385852.80 (291710.46) 94142.34 258735.22 676705.51 4 2009 301334.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 386064.80 (272675.47) 113389.33 378985.63 627519.92 5 2010 301334.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 386276.80 (277789.43) 108487.37 497522.86 575745.51 6 2011 301334.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 386488.80 (227411.66) 159077.14 669793.20 521244.96 7 2012 331467.40 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 416834.20 (231167.71) 185666.49 873221.13 463873.67 8 2013 331467.40 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 417046.20 (235036.44) 182009.76 1078386.79 403479.28 9 2014 331467.40 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 417258.20 (239021.23) 178236.97 1285220.19 339901.30 10 2015 大学学费 331467.40 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 417470.20 (266395.49) 151074.71 1470376.10 272970.68 11 2016 2人大学学费 331467.40 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 417682.20 (272482.84) 145199.36 1654566.58 223746.35 12 2017 2人大学学费 331467.40 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 417894.20 (279280.47) 138613.73 1837055.75 171973.84 13 2018 2人大学学费 331467.40 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 418106.20 (286330.90) 131775.30 2017545.71 117519.96 14 2019 留学/大学学费 331467.40 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 418318.20 (548206.78) (129888.58) 1941157.98 60244.54 15 2020 2人出国留学 331467.40 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 418530.20 (835812.20) (417282.00) 1575351.19 (0.00) 16 2021 出国留学 331467.40 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 418742.20 (481599.71) (62857.51) 1554268.51 17 2022 331467.40 51440.00 32254.80 3792.00 (173308.30) (1500.00) 418954.20 (174808.30) 244145.90 1839630.17 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1864521.94 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1887820.45 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1909415.88 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1929193.41 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1947033.14 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1962809.81 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1976392.62 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1987645.04 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1996424.55 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2002582.43 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2005963.52 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2006406.01 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2003741.10 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1997792.84 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1980193.02 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1958718.15 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1933163.21 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1903314.69 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1868950.26 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1829838.43 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1785738.23 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1736398.85 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1681559.25 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1620947.83 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1554282.01 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1481267.82 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1401599.50 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1314959.07 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1221015.84 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1119426.01 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1009832.15 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 891862.70 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 765131.48 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 629237.14 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 483762.62 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 328274.58 合计 5426751.40 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 9025608.85 (10818103.93) (1792495.08) IRR 3% 测试一 公司成长率 五年内 0.00% 若 五年后 0.00% IRR 5% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 61876.26 767824.94 2 2007 273940.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 358246.80 (286890.06) 71356.74 136290.23 723432.60 3 2008 273940.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 358458.80 (291710.46) 66748.34 209772.51 676705.51 4 2009 273940.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 358670.80 (272675.47) 85995.33 306132.44 627519.92 5 2010 273940.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 358882.80 (277789.43) 81093.37 402351.43 575745.51 6 2011 273940.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 359094.80 (227411.66) 131683.14 553914.26 521244.96 7 2012 273940.00 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 359306.80 (231167.71) 128139.09 709421.58 463873.67 8 2013 273940.00 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 359518.80 (235036.44) 124482.36 868955.59 403479.28 9 2014 273940.00 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 359730.80 (239021.23) 120709.57 1032599.19 339901.30 10 2015 大学学费 273940.00 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 359942.80 (266395.49) 93547.31 1177165.97 272970.68 11 2016 2人大学学费 273940.00 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 360154.80 (272482.84) 87671.96 1323000.25 223746.35 12 2017 2人大学学费 273940.00 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 360366.80 (279280.47) 81086.33 1469454.40 171973.84 13 2018 2人大学学费 273940.00 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 360578.80 (286330.90) 74247.90 1616306.24 117519.96 14 2019 留学/大学学费 273940.00 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 360790.80 (548206.78) (187415.98) 1508749.96 60244.54 15 2020 2人出国留学 273940.00 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 361002.80 (835812.20) (474809.40) 1108486.04 (0.00) 16 2021 出国留学 273940.00 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 361214.80 (481599.71) (120384.91) 1042870.07 17 2022 273940.00 51440.00 32254.80 3792.00 (173308.30) (1500.00) 361426.80 (174808.30) 186618.50 1281015.50 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1320417.75 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1359513.49 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1398219.98 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1436448.36 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1474103.30 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1511082.59 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1547276.77 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1582568.67 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1616833.00 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 1649935.85 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 1681734.20 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 1712075.40 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 1740796.59 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1767724.16 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1784488.38 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1798672.55 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1810046.94 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1818367.41 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1823374.58 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1824793.03 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1822330.35 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1815676.24 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1804501.52 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1788457.08 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1767172.77 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1740256.30 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1707291.97 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1667839.41 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1621432.28 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1567576.79 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1505750.27 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 1435399.58 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 1355939.46 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 1266750.83 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 1167178.94 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 1056531.46 合计 4656980.00 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 8255837.45 (10818103.93) (2562266.48) IRR 5%规划后的理财准备生涯仿真图Chart2 82000 38658.2123493311 145228.465121068 248193.422694464 371374.537812437 490813.147030677 661965.760276144 896930.919242838 1130450.98544085 1362396.29488452 1569362.55801477 1772401.56012906 1970766.05927075 2164159.26037213 2097708.91331902 1743239.67412631 1759796.81081181 2083513.20593885 2579233.35658823 2577366.20959989 2573160.56749408 2566524.79130421 2557364.29067304 2545581.43340745 2531075.45230207 2513742.34914945 2493474.79585229 2470162.03255068 2443689.76267442 2413940.04482833 2380791.18141492 2344117.60389686 2295605.02048019 2243227.45694836 2186846.2832353 2126318.49688856 2061496.58988833 1992228.41145206 1918357.02670409 1839720.57108616 1756152.10038075 1667479.43621548 1573525.00691284 1474105.68354538 1369032.6110524 1258111.03426967 1141140.1187196 1017912.76600419 888215.423638928 751827.889160454 608523.108336142 458066.967298377 300218.078421107 134727.55975071理财准备年份金额理财准备生涯仿真图假设 假设条件 学费成长率 5.00% 公积金贷款 5年以下 3.96% 房价成长率 5.00% 5年以上 4.41% 房屋折旧率 2.00% 通货膨胀率 3.00% 商业贷款 5年以下 5.27% 经济成长率 9.00% 5年以上 5.51% 房屋折旧率 2.00% 工资年增长 张小姐 200.00 公司成长率 五年内 20.00% 货币利率 2.00% 五年后 10.00% 债券收益率 3.19% 股票收益率 12.61% 社会平均工资增长率 3%资产负债、税后收入 王自强资产负债表 张怡君资产负债表 资产 金额 负债 金额 资产 金额 负债 金额 活期存款 20000 活期存款 10000 房贷 200000 实业投资 1000000 房产 750000 保险 30000 股票 52000 总计 1050000 公积金 40000 净资产 1050000 养老金账户 30000 保险 5000 总计 887000 200000 净资产 687000 家庭资产负债表 王自强税后年收入 资产 金额 比率 负债 金额 比率 项目 税前 税目 应纳税额 税后净收入 活期存款 30000 1.55% 房贷 200000 10.33% 个人独资企业收入 380000 个体经营所得税 119530 260470 股票 52000 2.68% 税收筹划后的收入 380000 企业所得税 106060 273940 养老金账户 30000 1.55% 公积金 40000 2.07% 实业投资 1000000 51.63% 保险 35000 1.81% 房产 750000 38.72% 总计 1937000 100.00% 净资产 1737000 净资产比率 89.67% 张怡君税后年收入 项目 税前 税目 应纳税额 税后净收入 工资所得 60000 养老金缴费 4800 55200 公积金缴费 3600 51600 个人所得税 3360 48240 房租所得 36000 房产税 1440 32254.8 营业税 1080 城建税及教育费附加 108 个人所得税 1117.2 税后净收入合计 80494.8收入支出表 王自强收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 260470 100.00% 前妻生活费 24000 14.08% 赡养费 48000 28.15% 房租支出 36000 21.11% 生活费用 60000 35.19% 保费支出 2500 1.47% 总计 260470 总计 170500 净收入 89970 张怡君收入支出 收入 支出 项目 金额 比率 项目 金额 比率 工资所得 48240 59.93% 生活费用 48000 63.12% 房租收入 32254.8 40.07% 保费支出 1500 1.97% 房贷支出 26546.28 34.91% 总计 80494.8 总计 76046.28 净收入 4448.52 家庭收入支出 收入 支出 项目 金额 比率 项目 金额 比率 企业利润 254310 75.96% 前妻生活费 24000 14.77% 工资所得 48240 14.41% 赡养费 48000 29.53% 房租收入 32254.8 9.63% 生活费用 60000 36.91% 保费支出 4000 2.46% 房贷支出 26546.28 16.33% 总计 334804.8 总计 162546.28 净收入 172258.52房产规划 年份 首付金额 公积金贷款 商业贷款 贷款本金 本金支出 利息支出 贷款本金 本金支出 利息支出 1 2006 350000.00 200000.00 (9687.72) (8820.00) 650000.00 (28984.68) (35815.00) 2 2007 190312.28 (10114.94) (8392.77) 621015.32 (30581.74) (34217.94) 3 2008 180197.34 (10561.01) (7946.70) 590433.58 (32266.79) (32532.89) 4 2009 169636.33 (11026.75) (7480.96) 558166.79 (34044.69) (30754.99) 5 2010 158609.57 (11513.03) (6994.68) 524122.10 (35920.55) (28879.13) 6 2011 147096.54 (12020.76) (6486.96) 488201.55 (37899.78) (26899.91) 7 2012 135075.78 (12550.87) (5956.84) 450301.77 (39988.05) (24811.63) 8 2013 122524.91 (13104.37) (5403.35) 410313.72 (42191.39) (22608.29) 9 2014 109420.54 (13682.27) (4825.45) 368122.33 (44516.14) (20283.54) 10 2015 95738.27 (14285.66) (4222.06) 323606.19 (46968.98) (17830.70) 11 2016 81452.61 (14915.66) (3592.06) 276637.21 (49556.97) (15242.71) 12 2017 66536.96 (15573.44) (2934.28) 227080.24 (52287.56) (12512.12) 13 2018 50963.52 (16260.22) (2247.49) 174792.68 (55168.60) (9631.08) 14 2019 34703.30 (16977.30) (1530.42) 119624.07 (58208.39) (6591.29) 15 2020 17726.00 (17726.00) (781.72) 61415.68 (61415.68) (3384.00) 16 2021 0.00 0.00 购买200平方米房屋需100万，将张小姐现居住的房改房出售可得250000，再加100000现金，得到35万首付款，再贷15年期20万公积金贷款，15年期45万商业贷款的组合贷款。 房产余值表 年份 房价成长率 房产折旧率 房产1余值 房产3余值 房产总计价值 2006 500000 1000000 1500000 2007 5.00% 2.00% 514500 1029000 1543500 2008 5.00% 2.00% 529421 1058841 1588262 2009 5.00% 2.00% 544774 1089547 1634321 2010 5.00% 2.00% 560572 1121144 1681716 2011 5.00% 2.00% 576829 1153657 1730486 2012 5.00% 2.00% 593557 1187114 1780670 2013 5.00% 2.00% 610770 1221540 1832310 2014 5.00% 2.00% 628482 1256964 1885447 2015 5.00% 2.00% 646708 1293416 1940125 2016 5.00% 2.00% 665463 1330926 1996388 2017 5.00% 2.00% 684761 1369522 2054284 2018 5.00% 2.00% 704619 1409238 2113858 2019 5.00% 2.00% 725053 1450106 2175160 2020 5.00% 2.00% 746080 1492159 2238239 2021 5.00% 2.00% 767716 1535432 2303148 2022 5.00% 2.00% 789980 1579960 2369939 2023 5.00% 2.00% 812889 1625778 2438668 退休时 2024 5.00% 2.00% 836463 1672926 2509389 2025 5.00% 2.00% 860720 1721441 2582161 2026 5.00% 2.00% 885681 1771363 2657044 2027 5.00% 2.00% 911366 1822732 2734098 2028 5.00% 2.00% 937796 1875591 2813387 2029 5.00% 2.00% 964992 1929984 2894975 2030 5.00% 2.00% 992977 1985953 2978930 2031 5.00% 2.00% 1021773 2043546 3065319 2032 5.00% 2.00% 1051404 2102809 3154213 2033 5.00% 2.00% 1081895 2163790 3245685 2034 5.00% 2.00% 1113270 2226540 3339810 2035 5.00% 2.00% 1145555 2291110 3436664 2036 5.00% 2.00% 1178776 2357552 3536328 2037 5.00% 2.00% 1212960 2425921 3638881 2038 5.00% 2.00% 1248136 2496273 3744409 2039 5.00% 2.00% 1284332 2568664 3852997 2040 5.00% 2.00% 1321578 2643156 3964734 2041 5.00% 2.00% 1359904 2719807 4079711 2042 5.00% 2.00% 1399341 2798682 4198022 2043 5.00% 2.00% 1439922 2879843 4319765 2044 5.00% 2.00% 1481679 2963359 4445038 2045 5.00% 2.00% 1524648 3049296 4573944 2046 5.00% 2.00% 1568863 3137726 4706589 2047 5.00% 2.00% 1614360 3228720 4843080 2048 5.00% 2.00% 1661176 3322353 4983529 2049 5.00% 2.00% 1709350 3418701 5128051 2050 5.00% 2.00% 1758922 3517843 5276765 2051 5.00% 2.00% 1809930 3619861 5429791 2052 5.00% 2.00% 1862418 3724837 5587255 2053 5.00% 2.00% 1916428 3832857 5749285 2054 5.00% 2.00% 1972005 3944010 5916015 2055 5.00% 2.00% 2029193 4058386 6087579 2056 5.00% 2.00% 2088040 4176079 6264119养老金等 货币利率 2% 社会平均工资增长率 3% 张怡君养老金计算 张怡君公积金计算 年龄 时间 月缴费工资 个人账户余额 考虑收益后的个人账户余额 社会平均工资 年龄 时间 年工资 公积金提取额 公积金余额 养老金缺口计算(调整后） 养老金账户余额 30000 公积金账户余额 40000 养老金总需求 -5229274.73 38 2006 5000.00 34800.00 35400.00 2235.00 38 2006 60000 3600 0 提取当年公积金还贷 基本养老金 979241.05 39 2007 5016.67 39616.00 40312.00 2302.05 39 2007 60200 3612 0 提取当年公积金还贷 房租收入 1161172.80 40 2008 5033.33 44448.00 45240.32 2371.11 40 2008 60400 3624 0 提取当年公积金还贷 理财准备 2583513.21 41 2009 5050.00 49296.00 50184.96 2442.24 41 2009 60600 3636 0 提取当年公积金还贷 养老金赤字 -505347.67 42 2010 5066.67 54160.00 55145.92 2515.51 42 2010 60800 3648 0 提取当年公积金还贷 43 2011 5083.33 59040.00 60123.20 2590.98 43 2011 61000 3660 0 提取当年公积金还贷 44 2012 5100.00 63936.00 65116.80 2668.71 44 2012 61200 3672 0 提取当年公积金还贷 45 2013 5116.67 68848.00 70126.72 2748.77 45 2013 61400 3684 0 提取当年公积金还贷 46 2014 5133.33 73776.00 75152.96 2831.23 46 2014 61600 3696 0 提取当年公积金还贷 47 2015 5150.00 78720.00 80195.52 2916.17 47 2015 61800 3708 0 提取当年公积金还贷 48 2016 5166.67 83680.00 85254.40 3003.65 48 2016 62000 3720 0 提取当年公积金还贷 49 2017 5183.33 88656.00 90329.60 3093.76 49 2017 62200 3732 0 提取当年公积金还贷 50 2018 5200.00 93648.00 95421.12 3186.58 50 2018 62400 3744 0 提取当年公积金还贷 51 2019 5216.67 98656.00 100528.96 3282.17 51 2019 62600 3756 0 提取当年公积金还贷 52 2020 5233.33 103680.00 105653.12 3380.64 52 2020 62800 3768 0 提取当年公积金还贷 53 2021 5250.00 108720.00 110793.60 3482.06 53 2021 63000 3780 3780 54 2022 5266.67 113776.00 115950.40 3586.52 54 2022 63200 3792 7572 指数化平均工资 5133.33 计发月数 170.00 年龄 月基本养老金 月个人养老账户提金额 月领养老金 年领养老金 社会平均工资 55 1525.97 682.06 2208.04 26496.42 3694.11 56 1544.80 682.06 2226.86 26722.37 3804.94 57 1564.20 682.06 2246.26 26955.10 3919.09 58 1584.17 682.06 2266.23 27194.81 4036.66 59 1604.75 682.06 2286.81 27441.72 4157.76 60 1625.94 682.06 2308.00 27696.03 4282.49 61 1647.77 682.06 2329.83 27957.97 4410.97 62 1670.25 682.06 2352.31 28227.76 4543.29 63 1693.41 682.06 2375.47 28505.65 4679.59 64 1717.26 682.06 2399.32 28791.88 4819.98 65 1741.83 682.06 2423.89 29086.70 4964.58 66 1767.13 682.06 2449.20 29390.35 5113.52 67 1793.20 682.06 2475.26 29703.12 5266.92 68 1820.05 682.06 2502.11 30025.27 5424.93 69 1847.70 0.00 1847.70 22172.36 5587.68 70 1876.18 0.00 1876.18 22514.13 5755.31 71 1905.51 0.00 1905.51 22866.15 5927.97 72 1935.73 0.00 1935.73 23228.74 6105.81 73 1966.85 0.00 1966.85 23602.20 6288.98 74 1998.91 0.00 1998.91 23986.86 6477.65 75 2031.92 0.00 2031.92 24383.07 6671.98 76 2065.93 0.00 2065.93 24791.16 6872.14 77 2100.96 0.00 2100.96 25211.50 7078.31 78 2137.04 0.00 2137.04 25644.44 7290.65 79 2174.20 0.00 2174.20 26090.37 7509.37 80 2212.47 0.00 2212.47 26549.69 7734.66 81 2251.90 0.00 2251.90 27022.78 7966.69 82 2292.50 0.00 2292.50 27510.06 8205.70 83 2334.33 0.00 2334.33 28011.96 8451.87 84 2377.41 0.00 2377.41 28528.92 8705.42 85 2421.78 0.00 2421.78 29061.39 8966.59 86 2467.49 0.00 2467.49 29609.83 9235.58 87 2514.56 0.00 2514.56 30174.72 9512.65 88 2563.05 0.00 2563.05 30756.57 9798.03 89 2612.99 0.00 2612.99 31355.86 10091.97 90 2664.43 0.00 2664.43 31973.14 10394.73 养老金缺口计算(调整后） 养老金总需求 -5229274.73 基本养老金 979241.05 房租收入 1161172.80 理财准备 2583513.21 养老金赤字 -505347.67王自强 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 公司盈余成长率 20% 10% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 王自强现金流量表 年份 目标支出/其他说明 王自强收入 理财收入 前妻生活费 赡养费 房租支出 生活费用 保费支出 目标支出 年净收入 年累计净收入 鞋厂股东权益 20000 1 2006 260470.00 (24000.00) (48000.00) (36000.00) (60000.00) (2500.00) 89970.00 109970.00 1000000.00 2 2007 312564.00 (24000.00) (49440.00) (37080.00) (61800.00) (2500.00) 137744.00 247714.00 1200000.00 3 2008 312564.00 (24000.00) (50923.20) (38192.40) (63654.00) (2500.00) 133294.40 381008.40 1440000.00 4 2009 312564.00 (52450.90) (39338.17) (65563.62) (2500.00) 152711.31 533719.71 1728000.00 5 2010 312564.00 (54024.42) (40518.32) (67530.53) (2500.00) 147990.73 681710.44 2073600.00 6 2011 312564.00 (41733.87) (69556.44) (2500.00) 198773.69 880484.13 2280960.00 7 2012 343820.40 (42985.88) (71643.14) (2500.00) 226691.38 1107175.51 2509056.00 8 2013 343820.40 (44275.46) (73792.43) (2500.00) 223252.51 1330428.02 2759961.60 9 2014 378202.44 (45603.72) (76006.20) (2500.00) 254092.51 1584520.53 3035957.76 10 2015 大学学费 378202.44 (46971.83) (78286.39) (2500.00) (23269.92) 227174.29 1811694.82 3339553.54 11 2016 大学学费 378202.44 (48380.99) (80634.98) (24433.42) 224753.05 2036447.87 3673508.89 12 2017 大学学费 378202.44 (49832.42) (83054.03) (25655.09) 219660.90 2256108.77 4040859.78 13 2018 大学学费 378202.44 (51327.39) (85545.65) (26937.84) 214391.55 2470500.32 4444945.76 14 2019 女儿出国留学 378202.44 (52867.21) (88112.02) (282847.37) (45624.17) 2424876.15 4889440.33 15 2020 女儿出国留学 378202.44 (54453.23) (90755.38) (296989.74) (63995.91) 2360880.24 5378384.37 16 2021 378202.44 (56086.83) (93478.04) 228637.57 2589517.81 5916222.80 17 2022 378202.44 (57769.43) (96282.39) 224150.62 2813668.43 6507845.08 18 2023 退休将公司变现 500000.00 (59502.51) (99170.86) 341326.63 3154995.06 19 2024 (61287.59) (102145.98) (163433.57) 2991561.48 20 2025 (63126.22) (105210.36) (168336.58) 2823224.90 21 2026 (65020.00) (108366.67) (173386.68) 2649838.22 22 2027 (66970.60) (111617.67) (178588.28) 2471249.94 23 2028 (68979.72) (114966.20) (183945.93) 2287304.02 24 2029 (71049.11) (118415.19) (189464.31) 2097839.71 25 2030 (73180.59) (121967.65) (195148.23) 1902691.48 26 2031 (75376.01) (125626.68) (201002.68) 1701688.80 27 2032 (77637.29) (129395.48) (207032.76) 1494656.03 28 2033 (79966.40) (133277.34) (213243.74) 1281412.29 29 2034 (82365.40) (137275.66) (219641.06) 1061771.23 30 2035 (84836.36) (141393.93) (226230.29) 835540.94 31 2036 (87381.45) (145635.75) (233017.20) 602523.75 32 2037 (90002.89) (150004.82) (240007.71) 362516.03 33 2038 (92702.98) (154504.97) (247207.94) 115308.09 34 2039 (95484.07) (159140.11) (254624.18) (139316.09) 35 2040 (98348.59) (163914.32) (262262.91) (401579.00) 36 2041 (101299.05) (168831.75) (270130.80) (671709.80) 37 2042 (104338.02) (173896.70) (278234.72) (949944.52) 38 2043 (107468.16) (179113.60) (286581.76) (1236526.28) 39 2044 (110692.21) (184487.01) (295179.21) (1531705.49) 40 2045 (114012.97) (190021.62) (304034.59) (1835740.08) 41 2046 (117433.36) (195722.27) (313155.63) (2148895.71) 42 2047 (120956.36) (201593.94) (322550.30) (2471446.01) 43 2048 (124585.05) (207641.75) (332226.81) (2803672.81) 44 2049 (128322.60) (213871.01) (342193.61) (3145866.42) 45 2050 (132172.28) (220287.14) (352459.42) (3498325.84) 46 2051 (136137.45) (226895.75) (363033.20) (3861359.04) 47 2052 (140221.57) (233702.62) (373924.20) (4235283.24) 48 2053 (144428.22) (240713.70) (385141.92) (4620425.16) 49 2054 (148761.07) (247935.11) (396696.18) (5017121.34) 50 2055 (153223.90) (255373.17) (408597.07) (5425718.41) 51 2056 (157820.62) (263034.36) (420854.98) (5846573.39) 52 2057 (162555.24) (270925.39) (433480.63) (6280054.01) 53 2058 (167431.89) (279053.15) (446485.05) (6726539.06)张怡君 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 张怡君现金流量表 年份 目标支出说明 张怡君收入 房租收入 公积金账户 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 年累计净收入 贷款余额 期初资产 62000 160000 1 2006 48240.00 32254.80 3600 (48000.00) (1500.00) (12421.03) (8816.00) 13357.77 75357.77 147578.97 2 2007 48440.00 32254.80 3612 (49440.00) (1500.00) (13105.42) (8131.60) 12129.77 87487.55 134473.55 3 2008 48640.00 32254.80 3624 (50923.20) (1500.00) (13827.53) (7409.49) 10858.57 98346.12 120646.02 4 2009 48840.00 32254.80 3636 (52450.90) (1500.00) (14589.43) (6647.60) 9542.88 107889.00 106056.59 5 2010 49040.00 32254.80 3648 (54024.42) (1500.00) (15393.31) (5843.72) 8181.35 116070.35 90663.28 6 2011 49240.00 32254.80 3660 (55645.16) (1500.00) (16241.48) (4995.55) 6772.62 122842.97 74421.80 7 2012 49440.00 32254.80 3672 (57314.51) (1500.00) (17136.38) (4100.64) 5315.26 128158.23 57285.41 8 2013 49640.00 32254.80 3684 (59033.95) (1500.00) (18080.60) (3156.43) 3807.83 131966.06 39204.81 9 2014 49840.00 32254.80 3696 (60804.96) (1500.00) (19076.84) (2160.19) 2248.81 134214.87 20127.97 10 2015 50040.00 32254.80 3708 (62629.11) (1500.00) (20127.97) (1109.05) 636.66 134851.53 (0.00) 11 2016 大学学费 50240.00 32254.80 3720 (64507.99) (1500.00) (24433.42) (4226.61) 130624.93 12 2017 大学学费 50440.00 32254.80 3732 (66443.23) (1500.00) (25655.09) (7171.52) 123453.41 13 2018 大学学费 50640.00 32254.80 3744 (68436.52) (1500.00) (26937.84) (10235.57) 113217.85 14 2019 大学学费 50840.00 32254.80 3756 (70489.62) (1500.00) (28284.74) (13423.56) 99794.29 15 2020 女儿出国留学 51040.00 32254.80 3768 (72604.31) (1500.00) (296989.74) (284031.25) (184236.96) 16 2021 女儿出国留学 51240.00 32254.80 3780 (74782.44) (1500.00) (311839.23) (300846.86) (485083.82) 17 2022 51440.00 32254.80 3792 (77025.91) (1500.00) 8960.89 (476122.93) 18 2023 26496.42 32254.80 (79336.69) (20585.46) (496708.39) 19 2024 26722.37 32254.80 (81716.79) (22739.61) (519448.00) 20 2025 26955.10 32254.80 (84168.29) (24958.39) (544406.39) 21 2026 27194.81 32254.80 (86693.34) (27243.72) (571650.11) 22 2027 27441.72 32254.80 (89294.14) (29597.62) (601247.74) 23 2028 27696.03 32254.80 (91972.96) (32022.14) (633269.87) 24 2029 27957.97 32254.80 (94732.15) (34519.39) (667789.26) 25 2030 28227.76 32254.80 (97574.12) (37091.55) (704880.82) 26 2031 28505.65 32254.80 (100501.34) (39740.89) (744621.70) 27 2032 28791.88 32254.80 (103516.38) (42469.70) (787091.40) 28 2033 29086.70 32254.80 (106621.87) (45280.38) (832371.78) 29 2034 29390.35 32254.80 (109820.53) (48175.37) (880547.15) 30 2035 29703.12 32254.80 (113115.14) (51157.22) (931704.38) 31 2036 30025.27 32254.80 (116508.60) (54228.52) (985932.90) 32 2037 22172.36 32254.80 (120003.86) (65576.70) (1051509.60) 33 2038 22514.13 32254.80 (123603.97) (68835.05) (1120344.65) 34 2039 22866.15 32254.80 (127312.09) (72191.14) (1192535.79) 35 2040 23228.74 32254.80 (131131.45) (75647.92) (1268183.71) 36 2041 23602.20 32254.80 (135065.40) (79208.40) (1347392.11) 37 2042 23986.86 32254.80 (139117.36) (82875.70) (1430267.80) 38 2043 24383.07 32254.80 (143290.88) (86653.01) (1516920.81) 39 2044 24791.16 32254.80 (147589.61) (90543.65) (1607464.46) 40 2045 25211.50 32254.80 (152017.30) (94551.00) (1702015.46) 41 2046 25644.44 32254.80 (156577.81) (98678.57) (1800694.03) 42 2047 26090.37 32254.80 (161275.15) (102929.97) (1903624.00) 43 2048 26549.69 32254.80 (166113.40) (107308.92) (2010932.92) 44 2049 27022.78 32254.80 (171096.80) (111819.23) (2122752.15) 45 2050 27510.06 32254.80 (176229.71) (116464.85) (2239217.00) 46 2051 28011.96 32254.80 (181516.60) (121249.84) (2360466.84) 47 2052 28528.92 32254.80 (186962.10) (126178.38) (2486645.22) 48 2053 29061.39 32254.80 (192570.96) (131254.77) (2617899.99) 49 2054 29609.83 32254.80 (198348.09) (136483.46) (2754383.45) 50 2055 30174.72 32254.80 (204298.53) (141869.01) (2896252.46) 51 2056 30756.57 32254.80 (210427.49) (147416.12) (3043668.58) 52 2057 31355.86 32254.80 (216740.31) (153129.65) (3196798.23) 53 2058 31973.14 32254.80 (223242.52) (159014.58) (3355812.82)调整前生涯仿真表 学费成长率 5.00% 经济成长率 9.00% 房价成长率 5.00% 房贷利率 5.51% 房屋折旧率 2.00% 通货膨胀率 3.00% 房屋折旧率 2.00% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年净收入 理财准备 贷款余额 期初资产 82000.00 160000 1 2006 260470.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (4000.00) (12421.03) (8816.00) 139327.77 221327.77 147578.97 2 2007 312564.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (4000.00) (13105.42) (8131.60) 186953.77 408281.55 134473.55 3 2008 312564.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (4000.00) (13827.53) (7409.49) 182345.37 590626.92 120646.02 4 2009 312564.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (4000.00) (14589.43) (6647.60) 201592.36 792219.28 106056.59 5 2010 312564.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (4000.00) (15393.31) (5843.72) 196690.40 988909.68 90663.28 6 2011 312564.00 49240.00 32254.80 3660.00 (125201.60) (4000.00) (16241.48) (4995.55) 247280.17 1236189.86 74421.80 7 2012 343820.40 49440.00 32254.80 3672.00 (128957.65) (4000.00) (17136.38) (4100.64) 274992.53 1511182.38 57285.41 8 2013 343820.40 49640.00 32254.80 3684.00 (132826.38) (4000.00) (18080.60) (3156.43) 271335.80 1782518.18 39204.81 9 2014 378202.44 49840.00 32254.80 3696.00 (136811.17) (4000.00) (19076.84) (2160.19) 301945.05 2084463.23 20127.97 10 2015 大学学费 378202.44 50040.00 32254.80 3708.00 (140915.50) (4000.00) (23269.92) (20127.97) (1109.05) 274782.79 2359246.01 (0.00) 11 2016 2人大学学费 378202.44 50240.00 32254.80 3720.00 (145142.97) (1500.00) (48866.84) 268907.43 2628153.45 12 2017 2人大学学费 378202.44 50440.00 32254.80 3732.00 (149497.26) (1500.00) (51310.18) 262321.80 2890475.25 13 2018 2人大学学费 378202.44 50640.00 32254.80 3744.00 (153982.18) (1500.00) (53875.69) 255483.37 3145958.62 14 2019 留学/大学学费 378202.44 50840.00 32254.80 3756.00 (158601.64) (1500.00) (311132.11) (6180.51) 3139778.11 15 2020 2人出国留学 378202.44 51040.00 32254.80 3768.00 (163359.69) (1500.00) (593979.48) (293573.93) 2846204.18 16 2021 出国留学 378202.44 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) (16122.47) 2830081.71 17 2022 378202.44 51440.00 32254.80 3792.00 (173308.30) (1500.00) 290880.94 3120962.66 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 476108.84 3597071.50 19 2024 26722.37 32254.80 (85121.65) (26144.48) 3570927.02 20 2025 26955.10 32254.80 (87675.30) (28465.40) 3542461.62 21 2026 27194.81 32254.80 (90305.56) (30855.95) 3511605.68 22 2027 27441.72 32254.80 (93014.73) (33318.21) 3478287.47 23 2028 27696.03 32254.80 (95805.17) (35854.34) 3442433.12 24 2029 27957.97 32254.80 (98679.33) (38466.56) 3403966.56 25 2030 28227.76 32254.80 (101639.71) (41157.14) 3362809.42 26 2031 28505.65 32254.80 (104688.90) (43928.44) 3318880.98 27 2032 28791.88 32254.80 (107829.56) (46782.88) 3272098.09 28 2033 29086.70 32254.80 (111064.45) (49722.96) 3222375.14 29 2034 29390.35 32254.80 (114396.38) (52751.23) 3169623.91 30 2035 29703.12 32254.80 (117828.28) (55870.35) 3113753.56 31 2036 30025.27 32254.80 (121363.12) (59083.05) 3054670.51 32 2037 22172.36 32254.80 (125004.02) (70576.86) 2984093.65 33 2038 22514.13 32254.80 (128754.14) (73985.21) 2910108.43 34 2039 22866.15 32254.80 (132616.76) (77495.81) 2832612.62 35 2040 23228.74 32254.80 (136595.26) (81111.73) 2751500.89 36 2041 23602.20 32254.80 (140693.12) (84836.13) 2666664.77 37 2042 23986.86 32254.80 (144913.92) (88672.25) 2577992.52 38 2043 24383.07 32254.80 (149261.33) (92623.46) 2485369.05 39 2044 24791.16 32254.80 (153739.17) (96693.21) 2388675.84 40 2045 25211.50 32254.80 (158351.35) (100885.05) 2287790.79 41 2046 25644.44 32254.80 (163101.89) (105202.65) 2182588.14 42 2047 26090.37 32254.80 (167994.95) (109649.77) 2072938.37 43 2048 26549.69 32254.80 (173034.79) (114230.31) 1958708.06 44 2049 27022.78 32254.80 (178225.84) (118948.26) 1839759.79 45 2050 27510.06 32254.80 (183572.61) (123807.75) 1715952.04 46 2051 28011.96 32254.80 (189079.79) (128813.03) 1587139.01 47 2052 28528.92 32254.80 (194752.19) (133968.47) 1453170.54 48 2053 29061.39 32254.80 (200594.75) (139278.56) 1313891.98 49 2054 29609.83 32254.80 (206612.59) (144747.96) 1169144.02 50 2055 30174.72 32254.80 (212810.97) (150381.45) 1018762.57 51 2056 30756.57 32254.80 (219195.30) (156183.94) 862578.63 52 2057 31355.86 32254.80 (225771.16) (162160.50) 700418.14 53 2058 31973.14 32254.80 (232544.29) (168316.36) 532101.78 总计 6414752.76 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (50500.00) (1394273.45) (160000.00) (52370.26) 450101.78调整后生涯仿真表 失去收入情况 0 0两人都有收入 1王自强失去收入 2张怡君失去收入 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 1010000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (51093.42) (53451.00) 358034.80 (402148.42) (44113.62) 38658.21 958906.58 2 2007 328728.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (53802.10) (50742.32) 413034.80 (306828.42) 106206.38 145228.47 905104.47 3 2008 328728.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (56655.34) (47889.09) 413246.80 (311648.82) 101597.98 248193.42 848449.14 4 2009 328728.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (59660.87) (44883.55) 413458.80 (292613.83) 120844.97 371374.54 788788.26 5 2010 328728.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (62826.89) (41717.53) 413670.80 (297727.80) 115943.00 490813.15 725961.37 6 2011 328728.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (66162.01) (38382.41) 413882.80 (247350.02) 166532.78 661965.76 659799.36 7 2012 394473.60 49440.00 32254.80 3672.00 (128957.65) (17604.00) (69675.31) (34869.11) 479840.40 (251106.07) 228734.33 896930.92 590124.04 8 2013 394473.60 49640.00 32254.80 3684.00 (132826.38) (17604.00) (73376.36) (31168.06) 480052.40 (254974.80) 225077.60 1130450.99 516747.68 9 2014 394473.60 49840.00 32254.80 3696.00 (136811.17) (17604.00) (77275.25) (27269.17) 480264.40 (258959.59) 221304.81 1362396.29 439472.43 10 2015 大学学费 394473.60 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (81382.61) (23161.81) 480476.40 (286333.85) 194142.55 1569362.56 358089.82 11 2016 2人大学学费 394473.60 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (64472.63) (18834.77) 480688.40 (292421.20) 188267.20 1772401.56 293617.19 12 2017 2人大学学费 394473.60 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (67861.00) (15446.40) 480900.40 (299218.84) 181681.56 1970766.06 225756.20 13 2018 2人大学学费 394473.60 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (71428.83) (11878.57) 481112.40 (306269.26) 174843.14 2164159.26 154327.37 14 2019 留学/大学学费 394473.60 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (75185.69) (8121.70) 481324.40 (568145.15) (86820.75) 2097708.91 79141.68 15 2020 2人出国留学 394473.60 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (79141.68) (4165.72) 481536.40 (855750.57) (374214.17) 1743239.67 (0.00) 16 2021 出国留学 394473.60 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 481748.40 (481599.71) 148.69 1759796.81 17 2022 394473.60 51440.00 32254.80 3792.00 (173308.30) (1500.00) 481960.40 (174808.30) 307152.10 2083513.21 18 2023 退休将公司变现 500000.00 26496.42 32254.80 (82642.38) 558751.22 (82642.38) 476108.84 2579233.36 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 2577366.21 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 2573160.57 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 2566524.79 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 2557364.29 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 2545581.43 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 2531075.45 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 2513742.35 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 2493474.80 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2470162.03 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2443689.76 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2413940.04 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2380791.18 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 2344117.60 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 2295605.02 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 2243227.46 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 2186846.28 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 2126318.50 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 2061496.59 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1992228.41 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1918357.03 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1839720.57 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1756152.10 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1667479.44 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1573525.01 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1474105.68 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1369032.61 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1258111.03 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1141140.12 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1017912.77 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 888215.42 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 751827.89 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 608523.11 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 458066.97 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 300218.08 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 134727.56 合计 6756789.60 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (1010000.00) (451981.20) 10355647.05 (11117179.38) (761532.32) IRR 1%生涯仿真图 1生涯仿真图 358034.8 -402148.422112882 413034.8 -306828.422112882 413246.8 -311648.822112882 413458.8 -292613.834112882 413670.8 -297727.796472882 413882.8 -247350.022137282 479840.4 -251106.070138014 480052.4 -254974.799578768 480264.4 -258959.590902744 480476.4 -286333.849206118 480688.4 -292421.204056232 480900.4 -299218.835065473 481112.4 -306269.261843794 481324.4 -568145.145819846 481536.4 -855750.566399915 481748.4 -481599.707904588 481960.4 -174808.295422669 558751.223789557 -82642.3816135875 58977.1744797145 -85121.6530619952 59209.9036905766 -87675.302653855 59449.6147777644 -90305.5617334707 59696.517197568 -93014.7285854748 59950.8266899656 -95805.1704430391 60212.7654671351 -98679.3255563302 60482.5624076198 -101639.70532302 60760.453256319 -104688.896482711 61046.6808304791 -107829.563377192 61341.4952318641 -111064.450278508 61645.1540652906 -114396.383786863 61957.9226637199 -117828.275300469 62280.0743201021 -121363.123559483 54427.1564085287 -125004.017266268 54768.9271007846 -128754.137784256 55120.9509138081 -132616.761917783 55483.5354412223 -136595.264775317 55856.997504459 -140693.122718576 56241.6634295928 -144913.916400134 56637.8693324805 -149261.333892138 57045.961412455 -153739.173908902 57466.2962548286 -158351.349126169 57899.2411424735 -163101.889599954 58345.1743767477 -167994.946287952 58804.4856080501 -173034.794676591 59277.5761762916 -178225.838516889 59764.8594615804 -183572.613672395 60266.7612454278 -189079.792082567 60783.7200827906 -194752.185845044 61316.1876852743 -200594.751420396 61864.6293158326 -206612.593963008 62429.5241953075 -212810.971781898 63011.3659211668 -219195.300935355 63610.6628988018 -225771.159963415 64227.9387857658 -232544.294762318年收入额年支出额年份金额收入支出生涯仿真图敏感度分析 -44113.6221128817 106206.377887118 101597.977887118 120844.965887118 115943.003527118 166532.777862718 228734.329861986 225077.600421232 221304.809097256 194142.550793882 188267.195943768 181681.564934527 174843.138156206 -86820.7458198461 -374214.166399915 148.6920954122 307152.104577331 476108.84217597 -26144.4785822806 -28465.3989632785 -30855.9469557062 -33318.2113879068 -35854.3437530735 -38466.5600891951 -41157.1429154003 -43928.4432263918 -46782.8825467129 -49722.9550466437 -52751.2297215725 -55870.3526367491 -59083.0492393809 -70576.8608577389 -73985.210683471 -77495.8110039752 -81111.7293340944 -84836.1252141172 -88672.2529705408 -92623.464559657 -96693.2124964467 -100885.05287134 -105202.64845748 -109649.771911205 -114230.309068541 -118948.262340597 -123807.754210815 -128813.030837139 -133968.465762254 -139278.563735121 -144747.964647175 -150381.44758659 -156183.935014188 -162160.497064614 -168316.355976552净现金流年份金额现金流量生涯仿真图 82000 38658.2123493311 145228.465121068 248193.422694464 371374.537812437 490813.147030677 661965.760276144 896930.919242838 1130450.98544085 1362396.29488452 1569362.55801477 1772401.56012906 1970766.05927075 2164159.26037213 2097708.91331902 1743239.67412631 1759796.81081181 2083513.20593885 2579233.35658823 2577366.20959989 2573160.56749408 2566524.79130421 2557364.29067304 2545581.43340745 2531075.45230207 2513742.34914945 2493474.79585229 2470162.03255068 2443689.76267442 2413940.04482833 2380791.18141492 2344117.60389686 2295605.02048019 2243227.45694836 2186846.2832353 2126318.49688856 2061496.58988833 1992228.41145206 1918357.02670409 1839720.57108616 1756152.10038075 1667479.43621548 1573525.00691284 1474105.68354538 1369032.6110524 1258111.03426967 1141140.1187196 1017912.76600419 888215.423638928 751827.889160454 608523.108336142 458066.967298377 300218.078421107 134727.55975071理财准备年份金额理财准备生涯仿真图 收入敏感度分析 公司成长率 原方案 测试一 测试二 五年内 20.00% 10.00% 0.00% 五年后 10.00% 5.00% 0.00% IRR 1.00% 3.00% 5.00% 测试一 公司成长率 五年内 10.00% 若 五年后 5.00% IRR 3% 生涯仿真表 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 59999.20 767824.94 2 2007 301334.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 385640.80 (286890.06) 98750.74 160340.99 723432.60 3 2008 301334.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 385852.80 (291710.46) 94142.34 258735.22 676705.51 4 2009 301334.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 386064.80 (272675.47) 113389.33 378985.63 627519.92 5 2010 301334.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 386276.80 (277789.43) 108487.37 497522.86 575745.51 6 2011 301334.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 386488.80 (227411.66) 159077.14 669793.20 521244.96 7 2012 331467.40 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 416834.20 (231167.71) 185666.49 873221.13 463873.67 8 2013 331467.40 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 417046.20 (235036.44) 182009.76 1078386.79 403479.28 9 2014 331467.40 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 417258.20 (239021.23) 178236.97 1285220.19 339901.30 10 2015 大学学费 331467.40 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 417470.20 (266395.49) 151074.71 1470376.10 272970.68 11 2016 2人大学学费 331467.40 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 417682.20 (272482.84) 145199.36 1654566.58 223746.35 12 2017 2人大学学费 331467.40 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 417894.20 (279280.47) 138613.73 1837055.75 171973.84 13 2018 2人大学学费 331467.40 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 418106.20 (286330.90) 131775.30 2017545.71 117519.96 14 2019 留学/大学学费 331467.40 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 418318.20 (548206.78) (129888.58) 1941157.98 60244.54 15 2020 2人出国留学 331467.40 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 418530.20 (835812.20) (417282.00) 1575351.19 (0.00) 16 2021 出国留学 331467.40 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 418742.20 (481599.71) (62857.51) 1554268.51 17 2022 331467.40 51440.00 32254.80 3792.00 (173308.30) (1500.00) 418954.20 (174808.30) 244145.90 1839630.17 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1864521.94 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1887820.45 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1909415.88 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1929193.41 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1947033.14 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1962809.81 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1976392.62 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1987645.04 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1996424.55 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 2002582.43 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 2005963.52 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 2006406.01 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 2003741.10 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1997792.84 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1980193.02 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1958718.15 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1933163.21 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1903314.69 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1868950.26 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1829838.43 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1785738.23 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1736398.85 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1681559.25 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1620947.83 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1554282.01 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1481267.82 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1401599.50 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1314959.07 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1221015.84 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1119426.01 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1009832.15 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 891862.70 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 765131.48 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 629237.14 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 483762.62 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 328274.58 合计 5426751.40 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 9025608.85 (10818103.93) (1792495.08) IRR 3% 测试一 公司成长率 五年内 0.00% 若 五年后 0.00% IRR 5% 年份 目标支出说明 王自强收入 张怡君收入 房租收入 理财收入 公积金账户 前妻生活费 赡养费 生活费用 保费支出 目标支出 房贷本金 房贷利息 年收入额 年支出额 年净收入 理财准备 贷款余额 期初资产 82000.00 810000 1 2006 273940.00 48240.00 32254.80 3600.00 (24000.00) (48000.00) (108000.00) (17604.00) (100000.00) (42175.06) (42431.00) 358034.80 (382210.06) (24175.26) 61876.26 767824.94 2 2007 273940.00 48440.00 32254.80 3612.00 (24000.00) (49440.00) (111240.00) (17604.00) (44392.34) (40213.72) 358246.80 (286890.06) 71356.74 136290.23 723432.60 3 2008 273940.00 48640.00 32254.80 3624.00 (24000.00) (50923.20) (114577.20) (17604.00) (46727.09) (37878.97) 358458.80 (291710.46) 66748.34 209772.51 676705.51 4 2009 273940.00 48840.00 32254.80 3636.00 (52450.90) (118014.52) (17604.00) (49185.58) (35420.47) 358670.80 (272675.47) 85995.33 306132.44 627519.92 5 2010 273940.00 49040.00 32254.80 3648.00 (54024.42) (121554.95) (17604.00) (51774.42) (32831.64) 358882.80 (277789.43) 81093.37 402351.43 575745.51 6 2011 273940.00 49240.00 32254.80 3660.00 (125201.60) (17604.00) (54500.54) (30105.52) 359094.80 (227411.66) 131683.14 553914.26 521244.96 7 2012 273940.00 49440.00 32254.80 3672.00 (128957.65) (17604.00) (57371.29) (27234.76) 359306.80 (231167.71) 128139.09 709421.58 463873.67 8 2013 273940.00 49640.00 32254.80 3684.00 (132826.38) (17604.00) (60394.39) (24211.67) 359518.80 (235036.44) 124482.36 868955.59 403479.28 9 2014 273940.00 49840.00 32254.80 3696.00 (136811.17) (17604.00) (63577.98) (21028.08) 359730.80 (239021.23) 120709.57 1032599.19 339901.30 10 2015 大学学费 273940.00 50040.00 32254.80 3708.00 (140915.50) (17604.00) (23269.92) (66930.62) (17675.44) 359942.80 (266395.49) 93547.31 1177165.97 272970.68 11 2016 2人大学学费 273940.00 50240.00 32254.80 3720.00 (145142.97) (15104.00) (48866.84) (49224.33) (14144.71) 360154.80 (272482.84) 87671.96 1323000.25 223746.35 12 2017 2人大学学费 273940.00 50440.00 32254.80 3732.00 (149497.26) (15104.00) (51310.18) (51772.52) (11596.52) 360366.80 (279280.47) 81086.33 1469454.40 171973.84 13 2018 2人大学学费 273940.00 50640.00 32254.80 3744.00 (153982.18) (15104.00) (53875.69) (54453.87) (8915.16) 360578.80 (286330.90) 74247.90 1616306.24 117519.96 14 2019 留学/大学学费 273940.00 50840.00 32254.80 3756.00 (158601.64) (15104.00) (311132.11) (57275.42) (6093.61) 360790.80 (548206.78) (187415.98) 1508749.96 60244.54 15 2020 2人出国留学 273940.00 51040.00 32254.80 3768.00 (163359.69) (15104.00) (593979.48) (60244.54) (3124.49) 361002.80 (835812.20) (474809.40) 1108486.04 (0.00) 16 2021 出国留学 273940.00 51240.00 32254.80 3780.00 (168260.48) (1500.00) (311839.23) 361214.80 (481599.71) (120384.91) 1042870.07 17 2022 273940.00 51440.00 32254.80 3792.00 (173308.30) (1500.00) 361426.80 (174808.30) 186618.50 1281015.50 18 2023 退休将公司变现 0.00 26496.42 32254.80 (82642.38) 58751.22 (82642.38) (23891.16) 1320417.75 19 2024 26722.37 32254.80 (85121.65) 58977.17 (85121.65) (26144.48) 1359513.49 20 2025 26955.10 32254.80 (87675.30) 59209.90 (87675.30) (28465.40) 1398219.98 21 2026 27194.81 32254.80 (90305.56) 59449.61 (90305.56) (30855.95) 1436448.36 22 2027 27441.72 32254.80 (93014.73) 59696.52 (93014.73) (33318.21) 1474103.30 23 2028 27696.03 32254.80 (95805.17) 59950.83 (95805.17) (35854.34) 1511082.59 24 2029 27957.97 32254.80 (98679.33) 60212.77 (98679.33) (38466.56) 1547276.77 25 2030 28227.76 32254.80 (101639.71) 60482.56 (101639.71) (41157.14) 1582568.67 26 2031 28505.65 32254.80 (104688.90) 60760.45 (104688.90) (43928.44) 1616833.00 27 2032 28791.88 32254.80 (107829.56) 61046.68 (107829.56) (46782.88) 1649935.85 28 2033 29086.70 32254.80 (111064.45) 61341.50 (111064.45) (49722.96) 1681734.20 29 2034 29390.35 32254.80 (114396.38) 61645.15 (114396.38) (52751.23) 1712075.40 30 2035 29703.12 32254.80 (117828.28) 61957.92 (117828.28) (55870.35) 1740796.59 31 2036 30025.27 32254.80 (121363.12) 62280.07 (121363.12) (59083.05) 1767724.16 32 2037 22172.36 32254.80 (125004.02) 54427.16 (125004.02) (70576.86) 1784488.38 33 2038 22514.13 32254.80 (128754.14) 54768.93 (128754.14) (73985.21) 1798672.55 34 2039 22866.15 32254.80 (132616.76) 55120.95 (132616.76) (77495.81) 1810046.94 35 2040 23228.74 32254.80 (136595.26) 55483.54 (136595.26) (81111.73) 1818367.41 36 2041 23602.20 32254.80 (140693.12) 55857.00 (140693.12) (84836.13) 1823374.58 37 2042 23986.86 32254.80 (144913.92) 56241.66 (144913.92) (88672.25) 1824793.03 38 2043 24383.07 32254.80 (149261.33) 56637.87 (149261.33) (92623.46) 1822330.35 39 2044 24791.16 32254.80 (153739.17) 57045.96 (153739.17) (96693.21) 1815676.24 40 2045 25211.50 32254.80 (158351.35) 57466.30 (158351.35) (100885.05) 1804501.52 41 2046 25644.44 32254.80 (163101.89) 57899.24 (163101.89) (105202.65) 1788457.08 42 2047 26090.37 32254.80 (167994.95) 58345.17 (167994.95) (109649.77) 1767172.77 43 2048 26549.69 32254.80 (173034.79) 58804.49 (173034.79) (114230.31) 1740256.30 44 2049 27022.78 32254.80 (178225.84) 59277.58 (178225.84) (118948.26) 1707291.97 45 2050 27510.06 32254.80 (183572.61) 59764.86 (183572.61) (123807.75) 1667839.41 46 2051 28011.96 32254.80 (189079.79) 60266.76 (189079.79) (128813.03) 1621432.28 47 2052 28528.92 32254.80 (194752.19) 60783.72 (194752.19) (133968.47) 1567576.79 48 2053 29061.39 32254.80 (200594.75) 61316.19 (200594.75) (139278.56) 1505750.27 49 2054 29609.83 32254.80 (206612.59) 61864.63 (206612.59) (144747.96) 1435399.58 50 2055 30174.72 32254.80 (212810.97) 62429.52 (212810.97) (150381.45) 1355939.46 51 2056 30756.57 32254.80 (219195.30) 63011.37 (219195.30) (156183.94) 1266750.83 52 2057 31355.86 32254.80 (225771.16) 63610.66 (225771.16) (162160.50) 1167178.94 53 2058 31973.14 32254.80 (232544.29) 64227.94 (232544.29) (168316.36) 1056531.46 合计 4656980.00 1826521.05 1709504.40 0.00 62832.00 (72000.00) (254838.52) (7579526.21) (254560.00) (1494273.45) (810000.00) (352905.75) 8255837.45 (10818103.93) (2562266.48) IRR 5%谢谢大家**可编辑