I need help about writing a memo to a client. about a retirement plan. I put together the outlines, and the context.

• Purpose of the report

Theobjectiveof the report isto presentour clientwithapersonally customized retirement plan. Werecommend thebasic 401kand a stock inVanguard,whichprovides bothgrowth and flexibility.The reportincludesa simple break down of his spending along with optionsfor improvement and/or emergency.The planinforms himabout his viablecurrent and future financial decisionswhich will help himmeet goals such asclearing hisstudentdebt.He would like to accumulateat leasta million dollarsin his 401kaccount byretirement.This retirement plan allocates16%of his totalincomeforpersonal investment options including stocksand bond investment.Another 14% will be used for optional investments and emergency funds. He can use this for a college fund for his kids, random stocks or have money foremergency's.After retirement,the client each year willwithdrawal7.5%of the 401k amountstartingatage 66.

• Savings goal(best retirement plan)
• Client info

• Relevant assumptions
• Assuming thathis wife will have the same retirement plan
• Assuming he keeps his job at the constant rate
• That his having the lowest salary increase per year (3% and can go up5%)
• They won'tdivorce
• No childsupports
• Main findings
• Stock market is increasing in the long run(The fund has returned 17.21 percent over the past year, 8.43 percent over the past three years, 13.16 percent over the past five years, and 9.90 percent over the past decade.)
• We are only allocating16% for stocks andbonds
• Keeping a steadywithdrawalratewillbeadvantageouscompareto
• Bond isaless riskyinvestmentbut with a lowerreturn
• He has the lowestaveragesalary increase,ifaveragehigh of 5% he will have 2million
• Conclusion