Congratulations! you have two job offers on the table. job 1 is offering a salary of $
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Question:
Congratulations! you have two job offers on the table. job is offering a salary of $k matching up to and historically gives raises. job is offering $k matching up to and year on year raises. other than salary and retirement contributions you deem the two offers to be identical. assume yearly returns and yearly retirement contributions at the beginning of each year. can you answer this on excel and show formulas please.
a If you plan to retire in years how much will your ending salary be for the job resulting in the highest salary?
b If you plan to retire in years and meet each employers match how much more money will you have in retirement if you choose the best option to maximize your k balance
c If you plan to retire in years and contribute how much more will you have in retirement if you choose the best option to maximize your k balance
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