How much will Bob and Carol need to have in the bank on the day the baby is born in order to achieve all their goals? What amount needs to be saved at the end of each year in order for Bob and Carol to reach their financial goals?
Bob and Carol are planning for the birth of their first child exactly four years from today. They are now ready to start their savings plan for the big event. The current hospital cost for having a healthy baby at the local hospital is $6500 after all insurance payments. Pre-natal care for the immediate 12-month […]