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NEED EXCEL WORK for this. I am struggling to figure out how to build the excel formula for this. I understand the manual calculation. Suppose
NEED EXCEL WORK for this. I am struggling to figure out how to build the excel formula for this. I understand the manual calculation.
Suppose your friend's employer will contribute to the account each year as part of the company's profit sharing plan. In addition, your friend expects a
distribution from a family trust several years from now. What amount must she deposit annually now to be able to make the desired withdrawals at
Employer's annual contribution:
Years until trust fund distribution:
Amount of trust fund distribution:
Value of employer's contribution at retirement:
Value of trust fund at retirement:
Amount to save each year now:
Today
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Today
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Today
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