Your Financial Stability (FIST<sup>®</sup>) Score is <b>96</b> on a scale of 0 to 100 which would indicate, that on average, your overall financial situation is <b>stable</b>. For more detail please review the charts and information below to better understand your individual multiples for retirement, life insurance, emergency income needs and debt level. <div id="chart1Container">Chart will load here</div> <script type="text/javascript">  </script> <p class='fist-assumptions'>Recommended liquidity multiple seeks to replace three months' worth of current combined income.</p><p class='fist-assumptions'>A recommended beginning maximum debt level of 3x income for mortgage(s) and 1x income for other debt is assumed starting at age 35 or younger. Maximum recommended debt multiple seeks to have all debts paid off by age 65. The debt amortization assumes to occur over 30 years at a 6% weighted-average rate (example: ¾ mortgage interest at 3% and ¼ other debt at 15% equates to a 6% weighted-average rate). Note: young people will typically experience higher debt/income ratios as they purchase first homes and income is generally lower than in later years. Amortization ensures lower debt to income ratios occur as retirement nears. </p><p class='fist-assumptions'>Recommended retirement multiple seeks to replace 75% of combined income for 20 years starting at age 65 with an investment return on existing retirement accounts and ongoing savings at 8%. Ongoing savings and the future retirement goal is based on combined income which is assumed to increase slightly above inflation at 4% per year. Once the retirement goal has been set at age 65 then the annual income replacement adjustments occur at 3% inflation per year.</p><p class='fist-assumptions'>Recommended insurance multiple seeks to replace 70% of inflation-adjusted, current combined income from now until spouse (if applicable) turns age 85 with an investment return of 8%. Existing debts are assumed to be paid off at death and will increase the insurance needs. Existing insurance proceeds and retirement assets (if available) are taken into account in the current multiple. The income replacement ratio of 70% is adjusted downward to account for a current working spouse (if applicable).</p> <div id="chart2Container">Chart will load here</div> <script type="text/javascript">  </script> The graph above compares your current multiple of combined income with the recommended multiple. For example, the recommended multiple of income for your retirement needs is 2.0, meaning that you should have 2.0 times your combined income of $123,000 or approximately $246,000 currently saved/invested for retirement.<br/><br/>With the exception of the debt multiple, the closer your current multiple is to the recommended multiple the better, unless of course you exceed the recommended multiple, which is best. With the debt multiple, the closer your current multiple is to zero the better, since less debt is better for your financial stability.<br/><br/><table class='pure-table fist-result-table' role='grid'><tr><th scope="col">Category</th><th scope="col">Your FIST Scores</th><th scope="col">Ways To Improve Score</th><th scope="col">Where To Find Help</th></tr><tr><td class='align-r'>Emergency Fund<sup>1</sup></td><td class='align-c'><div id='fistEmergency'>87.3</div></td><td class='align-l'><ul><li>Set aside more in checking/savings accounts.</li><li>Forego discretionary spending such as cable TV, eating out, vacations, etc.</li></ul></td><td class='align-l'><ul><li>Banks and credit unions</li><li class='selfHelpInfo'>Self-help: <a href='https://www.moneyhelpcenter.com/saving-budgeting/'>Emergency Fund Help at MoneyHelpCenter.com</a></li></ul></td></tr><tr><td class='align-r'>Debt<sup>2</sup></td><td class='align-c'><div id='fistDebt'>97.6</div></td><td class='align-l'><ul><li>Pay down debts.</li><li>Increase income.</li></ul></td><td class='align-l'><ul><li>Banks, credit unions, mortgage companies and credit management companies</li><li class='selfHelpInfo'>Self-help: <a href='https://www.moneyhelpcenter.com/credit-debt/'>Debt Help at MoneyHelpCenter.com</a></li></ul></td></tr><tr><td class='align-r'>Retirement<sup>3</sup></td><td class='align-c'><div id='fistRetirement'>100.0</div></td><td class='align-l'><ul><li>Save more regularly in your company-sponsored retirement accounts.</li><li>Sell some assets and invest the proceeds.</li><li>Setup an IRA and make maximum contributions.</li><li>&nbsp</li></ul></td><td class='align-l'><ul><li>Brokerage firms</li><li class='selfHelpInfo' >Self-help: <a href='https://www.moneyhelpcenter.com/retirement/'>Retirement Help at MoneyHelpCenter.com</a></li></ul></td></tr><tr><td class='align-r'>Insurance<sup>4</sup></td><td class='align-c'><div id='fistInsurance'>100.0</div></td><td class='align-l'><ul><li>Get more personal life insurance.</li><li>Take advantage of company-sponsored term insurance.</li></ul></td><td class='align-l'><ul><li>Insurance companies</li><li class='selfHelpInfo'>Self-help: <a href='https://www.moneyhelpcenter.com/insurance/'>Insurance Help at MoneyHelpCenter.com</a></li></ul></td></tr></table>The graph above shows your FIST<sup>®</sup> scores for each of the four major areas of financial planning: retirement, insurance, liquidity and debt management. It also shows your composite FIST<sup>®</sup> score. See the table below for additional information and recommendations to improve your scores.