Question: I'm super lost on where to start. Whether to use spreadsheet or COLA formula Alejandro knows that he needs $32,100 per year to live comfortably

I'm super lost on where to start. Whether to use spreadsheet or COLA formula

I'm super lost on where to start. Whether to use spreadsheet or

Alejandro knows that he needs $32,100 per year to live comfortably now. He plans to retire in about 30 years and plans to be retired for about 23 years after that. Determine... a. [2 pts] how much he needs each year to maintain his current standard pdard of living when he retires 39 years from now assuming 3%% inflation. GOLA b. [5 pts how much he needs to have in his retirement account to be paid out the annual amount from (a) each year for 23 years if the account earns 5% annual interest compounded annually, and payments adjust annually for inflation - so he can maintain his standard of living. c. [5 pts] how much he needs to invest each month at 6% annual interest compounded monthly over the next 39 years in order to have the amount in (b). d. [5 pts] how much interest he earned over the course of the 62 years. e. [4 pts] Alejandro sees that he can't afford to make the payments you found in part (c); describe at least 2 things Alejandro could do in order to still be able to afford to retire? 39 years @ 0.03 COLA 23 years . 32 100 D8+ BY+ CH column !) 45, 143 - 32 100 33, 043 he will news to input 39 32, 100 . 1 + 0.03

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