What are rachel and bills long-term goals

Assignment Help Other Subject
Reference no: EM131421105

Scenario A: Rachel is 28 years old and just gave birth to her first child. Rachel's maternity leave just expired and she has the baby attending daycare that is quite expensive. After she returns to work after maternity leave, Bill, her husband, is laid off from his job. Rachel and Bill recently bought a house and have a mortgage in addition to student loans and other household expenses.

Malik is forty-two years old and has worked for a sales company for over seven years. He took his current job after he completed his MBA (Master of Business Administration) and is currently making a sufficient income to meet all of his expenses and his retirement objective: retire at sixty-two years old.

Each week Malik deposits 10% of his gross income into a retirement fund (e.g., 401K program). His employer matches 3% of this 10% contribution. Malik's elderly mother, Sharon, was recently diagnosed with an aggressive case of cancer. She is living on Social Security and cannot afford the medical bills accumulating in order to treat her cancer. Malik decides that he wants to help his mother with her medical bills.

What would you do if this was you? Answer the following questions from each scenario:

Scenario A

1. Identify Rachel and Bill's short term objective(s) or goal(s). What are the different options Rachel and Bill have to achieve or meet these objectives?

2. What are Rachel and Bill's (likely) long-term goals?

3. What are the different options Rachel and Bill have to achieve or meet these objectives?

Scenario B

1. Identify Malik's short term objective(s) or goal(s). What are the different options Malik has to achieve or meet these objectives?

2. What are Malik's long-term goals?

3. What are the different options Malik has to achieve or meet these objectives?

Post a response to the Work-Life Balance Discussion Board How do your suggestions compare to other responses? Do you suggest the goals change or the behavior of the individuals change? Which and why? Please note that this activity is not graded.

Reference no: EM131421105

Questions Cloud

How the material is used as a switch in a transistor : What is meant by doping Silicon and how does this make a material a semi-conductor. Explain how the material is used as a switch in a transistor.
Point midway between the two point charges : Two point charges of values +3.4 and +6.6 ?C are separated by 0.10 m. What is the electrical potential at the point midway between the two point charges?
Why more women are not noticeably represented in today : What is the explanation for why more women are not noticeably represented in today's senior leadership positions in the workplace? You may consider this beyond that of the examples described, that is, we welcome responses that look at other workpl..
Total energy instead of a flat constant : Why might there be a slight downslope in in the total energy instead of a flat constant?
What are rachel and bills long-term goals : Rachel is 28 years old and just gave birth to her first child. Rachel's maternity leave just expired and she has the baby attending daycare that is quite expensive. After she returns to work after maternity leave, Bill, her husband, is laid off fr..
What is the magnitude of the electric field : A proton initially moves left to right along the x-axis at a speed of 2.00 x 103 m/s. It moves into an uniform electric field, which points in the negative x direction, and travels a distance of 0.200 m before coming to rest. What is the magnitude..
How can you get through the intercultural impasse : How can you get through the intercultural impasse and obtain a contract that both you and the Chinese official find acceptable? Your case study should be properly formatted to include a title page.
Design the beam sensor to operate at resonance : It is desired to design the beam sensor to operate at resonance with amplitude of 10nm, what driving force and driving frequency should be used?
What the employees will want to know about superior foods : Clarify your purpose(s) for communicating with the employees at the Nebraska plant. Consider what the employees will want to know and how they will need to feel about Superior Foods

Reviews

Write a Review

Other Subject Questions & Answers

  Concepts covered in applied behavioral analysis

Analyze below case study questions using the concepts covered in Applied Behavioral Analysis 2nd edition, 2007 (John Cooper, Timothy Heron, W Heward). While you should rely primarily on the textbook readings, you also may use other Internet resear..

  Fair for non-athletes to be exempt from random drug

Explain whether or not you believe it is fair for non-athletes to be exempt from random drug testing in schools.

  Which type of business structure would be the worst

Gomez would hate to lose all that she has personally accumulated to date in the event of a successful lawsuit against her. She is considering a sole proprietorship, a partnership, or a corporation as the organizing structure of her new venture. Wh..

  Describe a recent example of insider trading

In one paragraph supported by your text and other research, describe a recent example of insider trading. Determine whether the case met the elements of insider trading established by the Supreme Court in U.S. vs. O'Hagen, described in the text.

  The dietary reference intakes

The Dietary Reference Intakes (DRIs) are developed by the

  Explain how the study contributes to knowledge

Explain how the study contributes to knowledge in the field and what new knowledge is provided?

  Discourage proper food safety behavior

Identify the factor that would discourage proper food safety behavior. Foodhandlers who wear fingernail polish pose a hazard to food safety because the polish

  The pharmacist queue and customers in the store

The logic flow can be Interesting°. You can assume that customer flow can be independent, that is not coupled. A faxed in order can be assumed to only grab capacity of the pharmacist, not the cashier.

  What teaching strategies will you use to educate millie

Based on the scenario above, please use the general survey process to describe the areas that you would be observing immediately upon entry to the home. What, if any, concerns related to Millie's skin and nutritional status do you have? What nursin..

  Discuss important characteristics of a successful counselor

Identify what the three most important characteristics of a successful counselor you consider to be. Describe how these characteristics can be developed or strengthened

  How is the good life achieved and depicted in the odyssey

How is the good life achieved and depicted in the Odyssey, the epic of Gilgamesh, Platos Republic, Gospel of Mathew

  Adjustment case study

Describe adult relationships, lifestyles, and issues of parenting and longevity. Identify gender differences and explore gender role stereotypes.

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd