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Can you please show what functions/formulas you used on excel? Could you please answer/explain using excel? Thank you so much! Q1 Q2 How much do
Can you please show what functions/formulas you used on excel? Could you please answer/explain using excel? Thank you so much!
Q1 Q2 How much do you need to save each year to reach your financial goals? Using the future value formula and Excel function, confirm your final inflated income value. Using Goal Seek, find the value needed to make your plan work assuming a starting account balance of $25,000 and an income level of $175,000 Using Goal Seek, find an Investment Return that makes it so you have to save $30,000 per year. Q3 Q4 Independence Calculation: Year-by-Year Analysis Funds for each year's retirement living expenses withdrawn as single payment on each birthday, first payment on 67th birthday, last on 99th birthday. Comments: Parameters: Current Year: 2021 Current Age 52 Retirement Age Coverage to Age: 99 Current Retirement Accoul $250,000 67 3% Inputs: Inflation Rate Investment Return Retirement Spending Annual Savings 8% $125,000 $42,750 Assumed Assumed In today's dollars Output: Target Nest Egg: Answer Calculations Payment Number Retirement Spending PV In Year EOY Account Annual 2036 Balance Savings Age Year Q1 Q2 How much do you need to save each year to reach your financial goals? Using the future value formula and Excel function, confirm your final inflated income value. Using Goal Seek, find the value needed to make your plan work assuming a starting account balance of $25,000 and an income level of $175,000 Using Goal Seek, find an Investment Return that makes it so you have to save $30,000 per year. Q3 Q4 Independence Calculation: Year-by-Year Analysis Funds for each year's retirement living expenses withdrawn as single payment on each birthday, first payment on 67th birthday, last on 99th birthday. Comments: Parameters: Current Year: 2021 Current Age 52 Retirement Age Coverage to Age: 99 Current Retirement Accoul $250,000 67 3% Inputs: Inflation Rate Investment Return Retirement Spending Annual Savings 8% $125,000 $42,750 Assumed Assumed In today's dollars Output: Target Nest Egg: Answer Calculations Payment Number Retirement Spending PV In Year EOY Account Annual 2036 Balance Savings Age YearStep by Step Solution
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