Retirement Plan Discussion Assignment
This is a real world demonstration to determine the amount of savings you should have put away for your retirement. This is a dynamic and powerful exercise to demonstrate the power of the time value of money. Set your own financial goals and use this worksheet to understand how much you will need to have saved by retirement age to live the lifestyle that you have planned for yourself.
First, complete page one of the worksheet first by closely following the directions of each question. Much of the assignment is subjective based on your own financial goals, but the math is objective – and you must show your work to demonstrate your understanding of the assignment.
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