help please show in excel

The above non-discretionary spending does not include the new car and new house he just purchased last week and needs help with the monthly amounts that need to be added to the nondiscretionary total. He purchased the house for $450,000, with a $50,000 down payment and he financed the remaining balance through a local bank for 30 years at 4.5% interest rate. He will not be escrowing his insurance and real estate taxes, so ignore escrow for the mortgage payment calculation. Mr. Jacobs purchased a truck for $45,000 and financed the entire purchase price over 60 months at a 6.5% rate. He typically buys a new vehicle every 5 years. Monthly house payment: $ _ 1 Monthly car payment $2 Total monthly retirement spending needs (Diseretionary and Non-discretionary) $3 Mr. Jacobs has a both a pension and a 401k at his company. His pension will provide a $3,000a month benefit upon his retirement and his 401k currently has a $325,000 balance. Additionally, his social security check is estimated to be $2,500 a month. His savings are invested in a moderately aggressive portfolio, and you estimate his annual return to be 8%. He puts an additional $10,000 into his retirement at the end of each year. At Mr. Jacobs retirement date and assuming a 5% rate, considering his pension and social security income providing for some of his monthly income needs, how much does Mr. Jacobs need to have saved for a 20-year retirement if he starts taking withdrawals at the beginning of each month? \$ 4 In 10 years from now when Mr. Jacobs retires, assuming he doesn't change his current portfolio of savings strategy, how much will Mr. Jacobs have in his 401k ? $ Does Mr. Jacobs have enough saved in his 401k to cover his retirement income needs? 6