Hello, please help me with assignment Retirement Planning project. At least 4 goals/objectives are identified and clearly explained.

Thanks

Retirement Planning Project - worth 70% of your final grade The retirement planning project is designed to show you how the retirement savings and income concepts from the first part of the course are implemented. You will be required to draw on the material in this and many other courses to complete the project. The Retirement Planning Project is made up of 4 deliverables, as follows: Part 1 - Statement of Client Goals and Expectations - 10% - Developing an understanding of client lifestyle - now and in retirement Clear definition of financial goals and objectives of your client Part 2 - Analysis of Current Financial Status and Identification of Problems and Opportunities - 20% - Personal Financial Statements, including : Cash Flow and Net Worth Use the financial statements and lifestyle analysis to identify problems and opportunities Part 3 - Retirement Plan - 20% - Includes: Calculations of contributions, selecting of financial products, calculation of retirement income and associated budgets Part 4 - Client Presentation (Role Play) - 20% - Presenting the plan to the client Scenario #1 Age Occupation Income Assets - RRSP - Savings Liabilities - Credit Card Unused RRSP Contribution Room Norm 27 IT Consultant $85,000 Christine 26 Accountant $105,000 $60,000 $15,000 $0 $1500 $1,000 $0 $19,000 $30,000 Norm and Christine have just gotten married. They are young, well educated and well employed. They would like to buy a house in Waterloo in the next 2 years. They would like to have children shortly thereafter. Like many people today, neither has a company pension plan, so they will be responsible for their own retirement savings. They would like to retire when Norm is 56, with an annual income of about $110,000 in today's dollars