1) Overview: She wants to know the basic and most important results of your analysis and what you will recommend to your client. Use the results you found to write her a business email addressing her request. As you write, you will need to keep in mind that she may not remember the financial formulas you are familiar with, so you will want to avoid using those formulas. You should include at least all of the following:
- A quick summary of who your client is and what their retirement goals are.
- Your client's final investment total at the age of retirement (including all four accounts).
- The amount of monthly income they can expect in retirement, including the amount after it's adjusted for inflation.
- The amount of additional monthly contribution needed to meet their retirement income goal.
A) 401K= ? B) Roth =$ C) Mutual Funds =$ D) Vanguard Options = \$ E) TOTAL of all retirement funds =$ What monthly income can your client expect at their age of retirement? F) Income before adjusting for inflation =$ G) Income after adjusting for inflation = \$ What total retirement balance should your client have to meet their income requirement AND how short are they? (Neither of these is the monthly contribution needed to make up that shortage.) H) Total needed =$ 1) Total shortage =$ What is the monthly additional contribution your client should make in order to have the total they need at retirement which will meet their monthly income goals. J) Per month, they should add \$ What will happen to the client's monthly income (in real dollars) if the inflation rate goes up by 1% ? What if it goes down by 1% ? K) If inflation goes up by 1%, monthly real income will be \$ L) If inflation goes down by 1%, monthly real income will be $ What will happen to the client's monthly income (in real dollars) if the rate of return they earn while working goes up by 1% ? What if it goes down by 1% ? M) If the rate of return goes up by 1%, monthly real income will be $ N) If the rate of return goes down by 1%, monthly real income will be $ A) 401K= ? B) Roth =$ C) Mutual Funds =$ D) Vanguard Options = \$ E) TOTAL of all retirement funds =$ What monthly income can your client expect at their age of retirement? F) Income before adjusting for inflation =$ G) Income after adjusting for inflation = \$ What total retirement balance should your client have to meet their income requirement AND how short are they? (Neither of these is the monthly contribution needed to make up that shortage.) H) Total needed =$ 1) Total shortage =$ What is the monthly additional contribution your client should make in order to have the total they need at retirement which will meet their monthly income goals. J) Per month, they should add \$ What will happen to the client's monthly income (in real dollars) if the inflation rate goes up by 1% ? What if it goes down by 1% ? K) If inflation goes up by 1%, monthly real income will be \$ L) If inflation goes down by 1%, monthly real income will be $ What will happen to the client's monthly income (in real dollars) if the rate of return they earn while working goes up by 1% ? What if it goes down by 1% ? M) If the rate of return goes up by 1%, monthly real income will be $ N) If the rate of return goes down by 1%, monthly real income will be $
