Question: a. Using the retirement simulation spreadsheet that we created in class (based on file, Retirement planning sim template, posted on Canvas), set the savings rate

$savings rate to 12.5% (instead of the 10\% default value in the$

a. Using the retirement simulation spreadsheet that we created in class (based on file, "Retirement planning sim template," posted on Canvas), set the savings rate to 12.5% (instead of the 10\% default value in the original simulation). Simulate 200 30-year careers. b. What percent of the time will the investment portfolio be worth more than $1,100,000? c. What is the probability that the portfolio will be worth less than $750,000? Retirement planning starting point - fixed raises and rate of laturn. Retirement planning - Raise and Returns tables

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