Question
I need help preparing a retirement planning financial model in MS Excel to answer these case questions and how do I enable the model have
I need help preparing a retirement planning financial model in MS Excel to answer these case questions and how do I enable the model have the ability to generate the data needed to answer the questions below?
1. Describe the process you used to analyze your personal situation. 2. How many scenarios did you run; how long did it take you to feel comfortable with the numbers? 3. Is the amount you are currently accumulating at your current savings rate adequate? 4. How much should you be setting aside each year? 5. How much will you have to live on when you retire? 6. How long after retirement will you be able to live comfortably (like you are living now)? 7. What risks do you face and how should your retirement planning take these risks into account?
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