Mr. Bahri, a 47 years old manager received the news that his contract will not be renewed when it ends at the end of 2022. His cash flows are listed below:

1) Develop proficiency with the economics methods and decisions making engineering and Discuss conclusion on the principles, basic concepts, and methodology of engineering economy on the cash flow if it is possible for Mr. Bahri to retire at the end of 2022 and financially sustainable until 78 years old.

2) Evaluate the economic aspects of competing design solutions discuss (with justifications/ calculations) on what should you adapt/avoid for your own retirement planning, based on the case study of Mr. Bahri

  

- Mr. Bahri, a 47 years old manager received the news that his contract will not be renewed when it ends at the end of 2022. His cash flows are listed below: Income & Assets (RM) Net income (after deduction of EPF, Sosco 8000 etc.) EPF Savings Fixed Deposits (FD) in bank Other assets (such as shares, trust funds) 700 000 630 000 20 000 SSPN accounts (for 2 kids, each of RM 40 80 000 000) Net worth of house owned 360 000 Monthly expenses (RM) 2.000 940 650 Food and household items Insurance for all family members House instalments (loan balance RM 65 000 and remaining loan period is 10 years by end of December 2022) Car instalments (remaining loan period is 26 500 months by end of December 2022) Expenses for kids Contribution to parents Petrol and car maintenance 100 600 500 Utilities payments (including telco, water, 400 and electricity)