This assignment requires you to research and plan for your future career and life goals, including marriage, homeownership, family planning, education, travel, living expenses, and retirement. This task integrates career planning with personal financial management and strategic life planning

Objectives

$$ Career Exploration: Identify a job within your field of interest and determine the typical working hours and salary. Consider using several job sites and include their descriptions.

$$ Strategic Life Plan: Develop a long$-$term plan encompassing what fits your proposed lifestyle: marriage, purchasing a house, having children, saving for their education, leisure travel, managing day$-$to$-$day living expenses, retirement savings, etcetera.

$$ Financial Planning:

$$ Capital Budget: Estimate the costs associated with significant life events $($marriage$,$ house purchase, children$$s education$).$

$$ Operations Budget: Create a yearly budget for regular expenses, including savings and investments for the next $5$ years.

Assignment Requirements:

$$ Job Research:

$$ Identify a job in your field of interest.

$$ Research the average salary and working hours.

$$ Describe the job's growth prospects and stability.

$$ Strategic Life Planning:

$$ Outline life goals, including marriage, homeownership, family planning, and retirement.

$$ Research and estimate the average costs associated with each goal.

$$ Develop a timeline for achieving these goals.

$$ Financial Management:

$$ Capital Budget:

$$ Estimate costs for major life events $($e$.$g$.,$ wedding, down payment for a house$).$

$$ Plan for children$$s education $($e$.$g$.,$ college fund$).$

$$ Operations Budget:

$$ Develop an annual personal budget.

$$ Include categories like housing, food, transportation, leisure, savings, etc.

$$ Retirement Planning:

$$ Research retirement savings options $($e$.$g$.,401($k$),$ IRA$).$

$$ Calculate the required monthly savings to achieve a comfortable retirement.

$$ Capital Budget:

$$ Estimate costs for major life events $($e$.$g$.,$ wedding, down payment for a house$).$

$$ Plan for children$$s education $($e$.$g$.,$ college fund$).$

$$ Operations Budget:

$$ Develop an annual personal budget.

$$ Include categories like housing, food, transportation, leisure, savings, etc.

$4.$ Retirement Planning:

$$ Research retirement savings options $($e$.$g$.,401($k$),$ IRA$).$

$$ Calculate the required monthly savings to achieve a comfortable retirement.

$5.$ Additional Research:

$$ Investigate the cost of living in the area they wish to reside.

$$ Explore insurance needs $($health$,$ life, home, auto$).$

$6.$ Presentation of Plan:

$$ Compile the research and budgets into a comprehensive report.

$$ Create a presentation to summarize your findings and plans.

$7.$ Reflection:

$$ Reflect on the learning experience.

$$ Discuss how this assignment might influence your future decisions.

Additional Information:

$$ Use realistic data and resources for research.

$$ Provide a list of websites and tools for financial planning and job research that you used.

$$ Set milestones or a timetable for different segments of your life.