Reference no: EM131176736
1. Without considering the random variability, extend the current worksheet to 20 years. Confirm that by using the constant annual salary growth rate and the constant annual portfolio growth rate, Tom can expect to have a 20-year portfolio of $772,722. What would Tom's annual investment rate have to increase to in order for his portfolio to reach a 20-year, $1,000,000 goal? Hint: Use Goal Seek.
2. Redesign the spreadsheet model to incorporate the random variability of the annual salary growth rate and the annual portfolio growth rate into a simulation model. As- sume that Tom is willing to use the annual investment rate that predicted a 20-year, $1,000,000 portfolio in part 1. Show how to simulate Tom's 20-year financial plan. Use results from the simulation model to comment on the uncertainty associated with Tom reaching the 20-year, $1,000,000 goal.
3. What recommendations do you have for employees with a current profile similar to Tom's after seeing the impact of the uncertainty in the annual salary growth rate and the annual portfolio growth rate?
4. Assume that Tom is willing to consider working 25 more years instead of 20 years. What is your assessment of this strategy if Tom's goal is to have a portfolio worth $1,000,000?
5. Discuss how the financial planning model developed for Tom Gifford can be used as a template to develop a financial plan for any of the company's employees.
|
Health hazards trigger defensive or repair expenditures
: GDP increases when convivial reciprocity is replaced by anonymous market relations and when rising crime, pollution, catastrophes, or health hazards trigger defensive or repair expenditures. (Fleurbaey, 2009)
|
|
Find the the linearspeed of the sphere
: Find the the linearspeed of the sphere (a) when it stops rotating and (b) when slippingfinally ceases and pure rolling starts
|
|
Contrast authority and power in terms of leadership
: Compare and contrast authority and power in terms of leadership. What do you define as effective leadership? What role does authority have in effective leadership? What role does power have in relationship with effective leadership? Provide exampl..
|
|
Community resilience and environmental transitions
: Have a paper due in 3 weeks on community assessment . (8-10 pages) The books I have to read are Planning for community resilience, and Community Resilience and Environmental Transitions. Does anyone have this education that could direct me in the..
|
|
Financial plan for any of the company employees
: Discuss how the financial planning model developed for Tom Gifford can be used as a template to develop a financial plan for any of the company's employees.
|
|
What extent can curricula and resources
: To what extent can curricula and resources, like those provided by TrueSport, contribute to drug-free sport? Pick 1 resource provided on the website that you think is particularly valuable and describe how you might use it as an athlete, parent, c..
|
|
Discuss the differences between coaching and mentoring
: Discuss the differences between coaching and mentoring. Provide two examples of each in a health care environment. What role does each play when impacting and influencing others? How does a coach or mentor indirectly influence others?
|
|
Develop online survey to gather demographical information
: Develop a brief online survey to gather demographical information about personnel. Search the Internet to identify free online survey software and sample organizational charts or diagrams.
|
|
Assessment of the international company
: Before you begin to write the manuscript, actually perform the assessment of the international company you have selected. Note that this assignment requires an "assessment" not an "analysis." Rather than performing a strategic analysis of the indust..
|