Retirement Calculator Analysis Template 5.5

the concept "pay yourself first". With this in mind, what is your advice to someone on paying off credit card debt and investing for their retirement? Do you feel as though they should pay off all credit card debt before investing for their retirement or is it best to start investing for retirement as soon as possible? Why? * 350 word minimum

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You are considering a retirement savings.  For this you will need to determine following information.  Average starting salary of you major. $73,000 Your annual retirement savings amount. 8% of annual income Your age when you start working. 23 years old Your age when you plan to retire.  58 Retirement account investment vehicle. This will determine the growth rate. ? idk what this is... When I retire I want to open a ice cream shop (this might help answer the question) Create an excel table with your age column, annual contribution, annual account balance.   Re-do the calculation with monthly contribution and find your account balance at your retirement.  Submit excel table with all your information.

Please answer me in typing, avoid images and handwriting.   3.You   have just    made your    first    $5,000 contribution to  your    retirement account. Asuming you   earn   an  11  percent rate   of  return and   make no  additional contributions, what will   your    account be  worth when you   retire in  45  years? What if  you   wait    10  years before contributing?(Does this   suggest an  investment strategy?)

Hello,  Can you explain step by step question #1 and 2, what it means and how to solve it. Thank You 1. Explain how an ordinary annuity is involved when you take out an auto loan from a bank? 2. Explain why the last payment in an amortization schedule might differ from the other payments?

Subject :- Accounting    You have discussed your retirement plans with your significant other and plan to move to a state with a lower cost of living upon retirement. You plan on living off $85,000 annually. You understand that your retirement account will likely yield a 5% return. Using the 4% Rule, how much money do you need in your retirement account upon retirement?(round to the nearest dollar){DO NOT INCLUDE COMMAS OR $}

I just need help with part D.

Investment Plans. Use the savings plan formula to answer the following question. At age 28, you set up an IRA (individual retirement account) with an APR of 5%At the end of each month, you deposit $150 in the account. How much will the IRA contain when you retire at age 65? Compare that amount to the total deposits made over the time period.

Suppose you want to have $400,000 for retirement in 25 years. Your account earns 5% interest. Feel free to use the Online Basic Financial Calculator a) How much would you need to deposit in the account each month? es b) How much interest will you earn? $

Can you fill in the tables and answer the questions? I would appreciate it If you could also explain how to plug this into a financial calculator. Here's a link to a financial calculator: http://www.fncalculator.com/financialcalculator?type=tvmCalculator

Here is my question attched in excel spreadsheet

Need help with this general accounting question

PLEASE ANSWER ASAP AND CORRECTLY USING ENGINEERING ECONOMICS!

Suppose you want to have $400,000 for retirement in 10 years. Your account earns 9% interest. Feel free to use the Online Basic Financial Calculator a) How much would you need to deposit in the account each month? S b) How much interest will you earn? S

1. Find the retirement calculator at moneychimp website to answer the following questions. Suppose you have $4,000,000 when you retire and want to withdraw an equal amount each year for the next 35 years. a) How much can you withdraw each year if you earn 8% b) What if you can earn 12%? c) What if the market failed and your earnings dropped to -.7%. How long would it take to drain your account if you did nothing about this loss pattern? 2. Retirement planning can be a bit of a headache. A close friend has decided to begin saving for her retirement. Keep the following in mind: She has 25 years until retirement. She wants to be able to withdraw $95,000 each year. She figures she has roughly 35 years that she will withdraw during her retirement. The interest rate to consider is 8%. Due to planning ahead, your friend will not make the first withdrawal until a year after she retires. The goal is to make equal annual deposits into her retirement fund account. a) If she delays making deposits…

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Correctly explains this not use excel. Last time incorrct solution given

Po.10.