Based on the information given about retirement

short essay/paper for answering the following questions:

Discuss reasonableness of your results for your annual and monthly savings rate (for monthly, just divide by 12.

Can you increase your savings rate or wait 5-10 more years to retire?

Could you retire sooner?

What have you learned?

Assumed annual interest rate upon retirement Retirement fund S$ goal Calculate Future Value of Annual SS income adjusted for 2% annual inflation (the Big Pot of money or the Years to retirement (use same number throughout) Annual income desired now (use 7%) nest cgg". You will live on ts interest. DIE) S50,000 S72,841 74,297 111,446 148,595 19 (years) SI,040,585.71 1061390.997 1592086.496 2122781.994 Low 50,000 20 7% Medium 75,000 20 7% High 100,000 20 7% Assumed annual interest rate upon retirement Retirement fund S$ goal Calculate Future Value of Annual SS income adjusted for 2% annual inflation (the Big Pot of money or the Years to retirement (use same number throughout) Annual income desired now (use 7%) nest cgg". You will live on ts interest. DIE) S50,000 S72,841 74,297 111,446 148,595 19 (years) SI,040,585.71 1061390.997 1592086.496 2122781.994 Low 50,000 20 7% Medium 75,000 20 7% High 100,000 20 7%