Mike and Roman case Study

PERSONAL AND FINANCIAL OBJECTIES FOR MIKE AND MARIA ROMAN

1. Provide for retirement. They would like to retire when Mike is 60. They want to plan on $100,000 of retirement income in today?s dollars. They expect to receive Social Security and Mike has a pension with Major League Baseball (MLB). They would like to plan on funding potential retirement expenditures until they turn age 95 and would like to maintain the same level of spending, even if Mike or Maria died early.

2. Provide for the cost of Michael?s college education. They expect Michael to receive a partial baseball scholarship, but they plan on paying $15,000 per year for each of his five years for college.

3. Establish a retirement plan for the income he earns at RBI.

I need these answered please, I cant find it in any of the Mike and Roman case studies already on here no one answers those three objectives.