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Jill is 40 Has income of 120k Calculates a war of 66.67% (use 2/3rds) Plans on retiring at 63 Expects to live to 87 Has

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Jill is 40 Has income of 120k Calculates a war of 66.67% (use 2/3rds) Plans on retiring at 63 Expects to live to 87 Has 50k in current savings Invests 50% in the stock market Once retired plans on investing 100% bonds A) Preliminaries: 1) What is Jill's rWLE? \{Remaining work life expectancy, aka t1\} 2) What is Jill's RLE? \{Retirement life expectancy, aka t2\} 3) What is Jill's expected rate of return while working and saving {r1} 4) What is Jill's expected rate of return while retired {r2} Jill is 40 Has income of 120k Calculates a war of 66.67% (use 2/3rds) Plans on retiring at 63 Expects to live to 87 Has 50k in current savings Invests 50% in the stock market Once retired plans on investing 100% bonds A) Preliminaries: 1) What is Jill's rWLE? \{Remaining work life expectancy, aka t1\} 2) What is Jill's RLE? \{Retirement life expectancy, aka t2\} 3) What is Jill's expected rate of return while working and saving {r1} 4) What is Jill's expected rate of return while retired {r2}

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