Question: Develop a realistic retirement planning simulation model for your personal situation. If you are currently employed, use as much information as you can gather for

Develop a realistic retirement planning simulation model for your personal situation. If you are currently employed, use as much information as you can gather for your model, including potential salary increases, promotions, contributions, and rates of return based on the actual funds in which you invest. If you are not employed, try to find information about salaries in the industry in which you plan to work and the retirement benefits that companies in that industry offer for your model. Estimate rates of returns based on popular mutual funds used for retirement or average performance of stock market indexes. Clearly state your assumptions and how you arrived at them and fully analyze and explain your model results.

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Retirement Contribution of salary 6 Employer Match 50 Mean Stdev Mix Annual Salary Increase 270 040 Investment A 663 1346 50 Investment B 989 1528 25 Investment C 855 1690 25 Employee Employer Investm... View full answer

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