(Solved) Retirement planning Set up a model to estimate the amount of money you (or a fictitious person) will need in retirement and estimate the monthly
Question:
Retirement planning
Set up a model to estimate the amount of money you (or a fictitious person) will need in retirement and estimate the monthly contributions needed to achieve the desired retirement. Variables to be estimated include current age, expected retirement age, life expectancy, monthly expenses when retired adjusted for inflation, expected Social Security income, expected retirement income, investment return, rates of return on contributions and retirement funds, etc.
Deliverable: Word Document 