Determine the amount of lump-sum retirement funds required, Ask an Expert

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1) You have been chosen to participate in the new bonus plan. You get a bonus on average cost of delivering a service. You know fixed cost that service is presently 75% of total costs. What action do you take to make sure that you get a bonus?

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2) Jason has determined with your help that he will have the annual retirement income deficit. Deficit for first year of retirement, ten years from now, is= $90,000. He expects to be in retirement for thirty years, and believes he can earn a 7% after-tax annual return on invested dollars. Inflation is expected to average 4% annually over this similar period. Determine the amount of lump-sum retirement funds required by Jason at the commencement of retirement to fund his extra retirement income needs?

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