Roger  and Wanda Person are average folks who want to live "the good life."  They meet at CMC during college and later  decide to get married, raise a family, buy a house, and save for their son's  college and their retirement.  What will  it take for them to manage to pay their expenses, plan ahead for unexpected  events, and save enough money to enjoy their retirement years?  This case study helps you think about  financial planning over a long period of time.

continues in the attachment 

             

Roger & Wanda Anybody: BASE CASE FINANCIAL PROJECTION Life Events and Financial Conditions Year Events SALARY & OTHER INCOME REDUCTIONS FROM INCOME Roger Wanda Wedding Mortgage Turner Other Year's Savings Savings Balance and Calculations Beginning of Year Retirement Savings TOTAL Investments Bank Bank Interest Invest Earnings Year Savings 1% 6% (Col. J) End of Year Retirement Savings Bank TOTAL Investments