Question: please answer all partd to problem please! Retirement Needs Analysis Retirement Planning Fall 2022 Review via Zoom on Wednesday 1. $50,000 /year needed during retirement

please answer all partd to problem please!
please answer all partd to problem please! Retirement Needs Analysis Retirement Planning
Fall 2022 Review via Zoom on Wednesday 1. $50,000 /year needed during
retirement Retirement will last 25 years 30 years until retirement 6.0% return

Retirement Needs Analysis Retirement Planning Fall 2022 Review via Zoom on Wednesday 1. $50,000 /year needed during retirement Retirement will last 25 years 30 years until retirement 6.0% return before and after retirement 3.0% inflation rate - Use the present value of an annuity (annuity due) to calculate the lump sum needed at retirement assuming the principal will be liquidated. - Inflate to the amount needed in dollars on the retirement date. - Use the future value of an annuity (ordinary annuity and annuity due) to calculate the required annual savings. How much must be saved if the principal is not liquidated? - Calculate the present value of the lump sum needed at retirement for the length of the retirement period and add it to the lump sum needed at retirement. - Use the new future value to calculate the annual savings (ordinary annuity and annuity due). 1/3 What if the principal is not liquidated and it is to keep its purchasing power? - Calculate the present value of the lump sum needed at retirement for the length of the retirement period and add it to the lump sumneeded at retirement (using the inflationadjusted rate of return). - Use the new future value to calculate the annual savings (ordinary annuity and annuity due). Retirement Needs Analysis Retirement Planning Fall 2022 Review via Zoom on Wednesday 1. $50,000 /year needed during retirement Retirement will last 25 years 30 years until retirement 6.0% return before and after retirement 3.0% inflation rate - Use the present value of an annuity (annuity due) to calculate the lump sum needed at retirement assuming the principal will be liquidated. - Inflate to the amount needed in dollars on the retirement date. - Use the future value of an annuity (ordinary annuity and annuity due) to calculate the required annual savings. How much must be saved if the principal is not liquidated? - Calculate the present value of the lump sum needed at retirement for the length of the retirement period and add it to the lump sum needed at retirement. - Use the new future value to calculate the annual savings (ordinary annuity and annuity due). 1/3 What if the principal is not liquidated and it is to keep its purchasing power? - Calculate the present value of the lump sum needed at retirement for the length of the retirement period and add it to the lump sumneeded at retirement (using the inflationadjusted rate of return). - Use the new future value to calculate the annual savings (ordinary annuity and annuity due)

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