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Make some assumptions about annuity interest rates, the number of years you will be working, the number of years you want your retirement pay- out

Make some assumptions about annuity interest rates, the number of years you will be working, the number of years you want your retirement pay- out annuity to last and your tax bracket now and in retirement. These should be different from the assumptions made by Jake. Do the annuity calculations and the payout annuity calculations for a traditional IRA and a Roth IRA under your assumptions. Here is what you should submit a description of what you did. Please write your answer in paragraph form using correct grammar, spelling and punctuation. (5 points) I would like more than just numbers and formulas. Include 1. The assumptions you made about interest rates, years working, pay- out period for the annuity and tax brackets. (5 points) 2. A description of your calculations as in the section entitled The Calcuations above. (5 points) 3. The Actual Calculations and Final Answers (5 points) 4. An evaluation of the financial plan as in the section entitled Evalu- ation of the Financial Plan above. (5 points)

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