1 a few of your clients have defined contrinution plans and, Ask an Expert

Management Studies

1) A few of your clients have defined contrinution plans and have asked for your assistance in determining the funds available for retirenment. They would like to know how much money they will have in the future based on a current amount in investments that they will keep invested until retirement.

2) They would also like to know how much money they will have in the future if at the end of each year their employee deposits 10% of their salary.

3) Upon retirement, the initial investment and 401k fund will be combined and used for living expenses. Excess funds will remain invested during retirement. Their last questions is how much money can they withdraw each year if they plan to live a certain number of years.

You can create your own input numbers such as the annual rate of return, initial investment amount, current salary, # of years until retirement, etc...

A 401k fund is a savings plan that allows employees to contribute a fixed amount ofincome to a retirement account and to defer taxes until withdrawal.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92649065

Have any Question?Write your Review or question?

Related Questions in Operation Management

Discuss case 152 food and drug administration v brown amp

Discuss Case 15.2 Food and Drug Administration v. Brown & Williamson Tobacco Corporation with your Learning Team. This case is found in The Legal and Regulatory Environment of Business, pg. 459. Develop a 350- to 700-wor ...

Assignmentresearch write and submit a five 5 page double

Assignment Research, write, and submit a five (5) page, double spaced report on a Global Business topic. (A list has been provided for your writing subject) These five (5) pages exclude the title page and the page listin ...

1 agree or disagree with this statement and why all

1. Agree or disagree with this statement and why: All employees should be nonexempt so they are only paid for work they actually do. 2. What are the four kinds of pages which the bow-tie theory is comprised of? Please ex ...

1 what were hyatt hotels corporationrsquos motives in

1. What were Hyatt Hotels Corporation’s motives in expanding its brand portfolio? 2. What are HHC's motives in choosing an internationalization strategy for its lower category Hyatt Place brand? 3. What modes of entry mi ...

Change is an aspect of organizational growth that can

Change is an aspect of organizational growth that can either propel an organization to the top or a lack change can bring an organization tumbling down. Your research paper should explore organizational change and includ ...

In 2017 president trump after failing to repeal the

In 2017, President Trump, after failing to repeal the Affordable Care Act in congress, took his own steps toward fulfilling his vow to dismantle Obamacare, signing an executive order that he says will bring affordable he ...

Define corporate social responsibility csr in your own

Define corporate social responsibility (CSR) in your own words. Once you have defined CSR, conduct research on your favorite Fortune 500 company and determine just how (or if) the company ranks from a CSR perspective. Pr ...

You just recently completed a loan to bill beaumont a

You just recently completed a loan to Bill Beaumont, a customer, so he could buy a $60,000 new car. You completed the required paperwork at the time of the loan, including a written financing statement, giving the bank a ...

Need 1500 wordsin this assignment students will be define

NEED 1500 WORDS In this assignment students will be define leadership and management and then will discuss some the leadership theories i.e Contingency Theory, Path goal theory, Great man theory, Management theirs, Trans ...

This tollgate will outline the first phase of the dmaic

??This tollgate will outline the first phase of the DMAIC process for the problem you identified. Apply the first step of the DMAIC cycle to your selected problem or process and document your results in the PowerPoint. E ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert