Emily…
…is a 40-year old software engineer. She's been in the industry for 20 years and is ready for a change. She's passionate about mentoring so she'd like to teach courses at a local university.
Challenges
- Certification course costs $20k over 18 months
- New career has lower salary
Using Futurez, let’s create 3 possible futures for her!
Step-by-step walkthrough
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What is Futurez?
Futurez is a FINANCIAL SIMULATOR anyone can use. Discover insights about your money situation in minutes.
HOW THEY DID IT
Key elements of their plan
1
We simulated her $20k certification course by creating an 18-month event for the payment plan. We also set up an income drop when she switches over to her new career.
2
By delaying retirement, we found a way for her to afford switching careers. We created a second future where instead of delaying retirement, she delays her career change.
3
Finally, we created yet another future where she doesn't have to delay retirement OR her transition. By shifting her extra income from bank savings to investments, she'll make up the difference with long-term investment gains.
Ready to see your futures?