Retirement Planning Jason is 37 years old and would like to establish a retirement plan. Develop a spreadsheet model that could be used to assist…

Retirement Planning 

Jason is 37 years old and would like to establish a retirement plan. Develop a spreadsheet model that could be used to assist Jason with retirement planning. 

Your model should include the following input parameters: 

Jason’s current age = 37 yearsJason’s current total retirement savings = $259,000Annual rate of return on retirement savings = 4 percentJason’s current annual salary = $145,000Jason’s expected annual percentage increase in salary = 2 percentJason’s percentage of annual salary contributed to retirement = 6 percent Jason’s expected age of retirement = 65Jason’s expected annual expenses after retirement (current dollars) = $90,000 Rate of return on retirement savings after retirement = 3 percentIncome tax rate postretirement = 15 percent 

Assume that Jason’s employer contributes 6% of Jason’s salary to his retirement fund. Jason can make an additional annual contribution to his retirement fund before taxes (tax free) up to a contribution of $16,000. Assume he contributes $6,000 per year. Also, assume an inflation rate of 2%. 

Managerial Report 

Your spreadsheet model should provide the accumulated savings at the onset of retirement as well as the age at which funds will be depleted (given assumptions on the input parameters). As a feature of your spreadsheet model, build a data table to demonstrate the sensitivity of the age at which funds will be depleted to the retirement age and additional pre-tax contributions. Similarly, consider other factors you think might be important. 

Develop a report for Jason outlining the factors that will have the greatest impact on his retirement.

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more