Module 03 Project Assignment - Retirement Analysis FAQModule 03 Content

For this project assignment, you are preparing a Retirement Analysis Frequently Asked Questions (FAQ) document for your clients, John and Becky Warbucks, that gives information on the different types of retirement plans available. As you may recall, the Warbucks' have just received a large inheritance from John's late grandmother. They inherited $200,000 and have asked you to prepare a comprehensive financial plan for them. The Warbucks' have not started to save for retirement yet. However, John's school offers a 403b, and the school system will match 3%, but he has yet to enroll. They would also like to start some type of retirement fund for Becky even though she is a stay-at-home mom. Keep in mind that their household income is $60,000 annually.

Develop a retirement analysis FAQ document that evaluates:

• The various types of retirement plans
• Eligibility requirements
• Participation rules of each plan

An FAQ document typically provides brief and clear information regarding the subject in question and answer format. Your FAQs should be more detailed and offer examples as supporting evidence.