retirement and financial planning
This paper will answer a total of seven questions. Part one and then part two, these questions are from chapter twelve in altfest:2013. I believe the last questions asks for calculation to be
shown and how you would answer it using a financial calculator.
4. What are you recommendations‘? 3 m annual rememem Swings?
5, Construct the retirczment planning portion of the financial ‘plan
Brad and Barbara also attended the meeting. They said they were too young to start saving
for retirement. Retirement seemed “hundreds of years” away and they wanted to have fun
today. They would have plenty of time to save for retirement when they were in their 505.
Case Application Questions
1. How do you feel about their beliefs?
2. Describe the disadvantages of their approach.
3. Suppose they wanted to have $1 million accumulated in 40 years. Indicate how much
money would have to be saved each year if they started now. Assume that the money
would be accumulated in personal accounts and earn 6 percent a year afier taxes.