### Compute how much money you would have to save each month

Assignment Help Finance Basics
##### Reference no: EM131319278

Retirement Planning

Please respond to the following discussion topic. Post should be a minimum of 150 words in length.

Project your Social Security benefits at the organization's website. Many retirement plans suggest that you should create a lump sum of cash to generate enough interest income equal to about 80% of your current income. Calculate how much money you would have to save each month from now until retirement in order to achieve a lump sum large enough to yield interest income equal to 80% of your current income. How much would you need to save each month? Let's discuss.

If you would like some help with the time value of money calculations, Excel can be a very handy tool. The site below provides instructions on how to do time value of money calculations in excel:

http://support.content.office.net/en-us/coach/excelcoach_FV_PartI.html

#### What types of inventory make good collateral

What impact does a compensating balance requirement have on the cost of borrowing from a bank if the firm generally holds little or no checking balances at the bank? What wo

#### Approximate it using a gaussian distribution

Suppose that p(x) is some fixed distribution and that we wish to approximate it using a Gaussian distribution q(x) = N (x|μ, Σ). By writing down the form of the KL divergenc

#### Fielding software list

Fielding Software has an inventory of 2000 software packages with an inventory price of \$149 each. Since the development of this software, a competitor has launched a simila

#### Rank these stock from the riskiest to the least risky

1) Rank these stock from the riskiest to the least risky. Explain your reasoning and back up your explanation with research. 2) If the return on the market portfolio increase

#### How will this affect the solution and total exposure

The shadow price for the mix constraint (that at least 70% of the time should be allocated to TV) is -250. The marketing manager was told that this means that if the percent

#### Explain in detail how the four kinds of float

Explain in detail how the four kinds of float (billing, collections, transit and disbursement) can be used to maximize the efficiency of incoming revenues and outgoing expen

#### How would deeres deferred tax assets

MFE6110 - Case - Income Taxes - How would Deere's deferred tax assets and deferred tax liabilities be affected if the federal statutory tax rate was changed to 38 percent? W

#### What is the most they can pay for a new house

Ben remembers from finance class that the shorter the amortization period, the less total interest you will pay. Calculate how much interest they would save if they made m

### Write a Review

#### Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!