After this class, you decide to get serious about planning for retirement. You find an extra $$750$ a month to put away that you believe is easily sustainable for the next $10$ years. You plan to increase that monthly amount by $$250$ during each $10-$year period as you believe your salary will increase close to proportionately and you can get better control of your expenses $($i$.$e$.,$ $$1000$ monthly for years $11-20).$ You plan to follow Buffet$$s lead and allocate your funds $90\%$ to S&P$500$ index and $10\%$ to treasuries. You expect an average $11\%$ return. You plan to retire in $30$ years at which time you will reallocate your funds to lower your equity exposure to $50/50$ split between the index and treasuries. You expect to earn a $6\%$ return thereafter while in retirement. You plan to live $25$ years in retirement. How much will you have when you retire? How much can you withdraw each year while in retirement leaving no bequest? What if you worked for $5$ more years?After this class, you decide to get serious about planning for retirement. You find an extra $$750$ a month to put away that you believe is easily sustainable for the next $10$ years. You plan to increase that monthly amount by $$250$ during each $10-$year period as you believe your salary will increase close to proportionately and you can get better control of your expenses $($i$.$e$.,$ $$1000$ monthly for years $11-20).$ You plan to follow Buffet$$s lead and allocate your funds $90\%$ to S&P$500$ index and $10\%$ to treasuries. You expect an average $11\%$ return. You plan to retire in $30$ years at which time you will reallocate your funds to lower your equity exposure to $50/50$ split between the index and treasuries. You expect to earn a $6\%$ return thereafter while in retirement. You plan to live $25$ years in retirement. How much will you have when you retire? How much can you withdraw each year while in retirement leaving no bequest? What if you worked for $5$ more years?After this class, you decide to get serious about planning for retirement. You find an extra $$750$ a month to put away that you believe is easily sustainable for the next $10$ years. You plan to increase that monthly amount by $$250$ during each $10-$year period as you believe your salary will increase close to proportionately and you can get better control of your expenses $($i$.$e$.,$ $$1000$ monthly for years $11-20).$ You plan to follow Buffet$$s lead and allocate your funds $90\%$ to S&P$500$ index and $10\%$ to treasuries. You expect an average $11\%$ return. You plan to retire in $30$ years at which time you will reallocate your funds to lower your equity exposure to $50/50$ split between the index and treasuries. You expect to earn a $6\%$ return thereafter while in retirement. You plan to live $25$ years in retirement. How much will you have when you retire? How much can you withdraw each year while in retirement leaving no bequest? What if you worked for $5$ more years?After this class, you decide to get serious about planning for retirement. You find an extra $$750$ a month to put away that you believe is easily sustainable for the next $10$ years. You plan to increase that monthly amount by $$250$ during each $10-$year period as you believe your salary will increase close to proportionately and you can get better control of your expenses $($i$.$e$.,$ $$1000$ monthly for years $11-20).$ You plan to follow Buffet$$s lead and allocate your funds $90\%$ to S&P$500$ index and $10\%$ to treasuries. You expect an average $11\%$ return. You plan to retire in $30$ years at which time you will reallocate your funds to lower your equity exposure to $50/50$ split between the index and treasuries. You expect to earn a $6\%$ return thereafter while in retirement. You plan to live $25$ years in retirement. How much will you have when you retire? How much can you withdraw each year while in retirement leaving no bequest? What if you worked for $5$ more years?