Calculate your salary over time. Assume you start at $ 40,000 per year after graduation. Plan on a 2 – 3 % annual increase with periodic promotions and raises. What increase will a promotion bring? Do you expect to earn bonuses at some point? How much?

How much income do you want in retirement? What asset base do you need to generate that at 4%? At what age do you hope to be able to afford to retire and live the way you want?

How much do you plan to save each year for retirement? How much do you expect your employer to contribute? If you put this in tax-deferred accounts at 6 – 10% per year, what will it grow to at retirement? How does this match your goal?

Please put the information in a table format when calculating the annual increase, your personal contribution in savings, the business contributions, the investment earned, and the end balance at each year.