Is it possible to have someone review my figures for an assignment due today. It is forecasting retirement benefits etc? Happy to provide the full document to review as well.

a.In this scenario I have been assigned to review financial arrangements for another team member (the member), specifically in relation to forecasting their superannuation requirements at retirement.For the purpose of this report the individual member's key parameters are defined as: They are 40 years of age therefore have 25 years of workforce life remaining, a current benefit held is equal to $200,000 and the current gross salary for the team member is equal to $100,000 / year (gross).

b.Stipulated considerations include: There is no bequest, so whatever funds remain at age 85 go to government; there are no taxes nor subsidies; there is no inflation; the return of any investment on current superannuation and later investment is 2% per annum; the employer contribution will remain at a constant at 10% of the member's gross salary.

This forecasting will illustrate all calculations performed to obtain the required lump sum by retirement, identify if the current rate of contributions are sufficient to guarantee an income of 70% of the member's current salary for the remaining 20 years of retirement (65-85yo) including surplus or shortfall in current contributions, a comparison to a 12% contribution rate and remedy actions that could be implemented to ensure that the target distribution amount is met.