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navik [9.2K]
4 years ago
12

At your age (assume 20) you can assume that you will live to be 100. If you graduate at 23 and start to work, you can expect to

work for 47 years, until age 70. At that time you will be eligible for full Social Security benefits, which can reasonably be expected to be $3,000 per month, and which will be received monthly for the rest of your life. You can reasonably expect that your retirement savings will earn an average of 8 percent per year throughout the period that you accumulate your retirement funding and during your retirement years. Further assume that you will want to have an annual income of $120,000 throughout your retirement.
Ignoring inflation in all calculations, how much will you need to have saved at retirement in order to be able to fund your retirement?
How much will you have to save each year in order to fund this amount if you start at 23?
How much will you have to save each year in order to fund this amount if you start at 25?
How much will you have to save each year in order to fund this amount if you start at 30?
How much will you have to save each year in order to fund this amount if you start at 40?
Briefly explain how you think those funds should be managed. That is, suggest a reasonable overall plan to achieve your goal, using all of the tools we have considered throughout the course.
Business
1 answer:
bekas [8.4K]4 years ago
4 0

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

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Some people include a letter of last instruction in their estate planning. What is likely TRUE about this letter?
iVinArrow [24]

Answer:

C

Explanation:

A Letter of Last Instruction (LOLI) serves to give family important information such as where the person wants to be buried, instructions for any pets, or location of important legal documents.  

Side note: this is not a will, and should not be used as a substitution for one. A will is a legal document, a LOLI is not.

Hope this helps! Let me know if you have any further questions about my response.

3 0
3 years ago
At work, Clarissa often takes on the extra duties of ordering all the food and drinks for any celebrations of work anniversaries
tangare [24]

Answer:

The correct answer is B) motherhood.

Explanation:

In the United States, the ILO, through the 1919 maternity agreement, establishes the protection of pregnant and postpartum workers, including the right to a minimum 12-week leave.

The policies and practices of motherhood in a company must be applied in the same conditions or in a similar way to people who have some type of limitation or temporary incapacity for work.

7 0
4 years ago
A characteristic of search firms known as headhunters is that they: question 6 options:
omeli [17]
A characteristic of search firms known as headhunters is that they <span>specialize in recruiting employees for entry-level jobs. A headhunter is another name for a recruiter, in which they look for people that would fit entry level jobs and recruit them for businesses. They work as a third party between the employer and potential hirer. They get paid if the people they find fit the description of what the company wants and their person receives the job. </span>
6 0
3 years ago
PLEASE HELP ASAP! Will give BRAINLIEST! Please answer correctly!<br> No guessing!
Afina-wow [57]

Answer: D. What is to be produced?

Explanation: the producer needs to figure out what it is that they would like to be produced.

4 0
3 years ago
Read 2 more answers
Holt Enterprises recently paid a dividend, D0, of $3.25. It expects to have nonconstant growth of 19% for 2 years followed by a
lyudmila [28]

Answer:

The horizon date of Holt Enterprises is at the end of the second year.

Explanation:

The horizon date is when there is a constant growth or the growth rate becomes constant. The horizon date is the last year in the free cash flow when the growth rate is constant. It is also called forecast horizon or terminal date because it is at the end of the forecast. At the horizon date,  the firm becomes stable and profitable.

The horizon date of Holt Enterprises is at the end of the second year.

6 0
3 years ago
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