Question
What investments for retirement would you suggest based on the table below? Type Current Next Year Year After Salary 100,000 106,000 112,360 Investment Income 8,000
What investments for retirement would you suggest based on the table below?
| Type | Current | Next Year | Year After |
| Salary | 100,000 | 106,000 | 112,360 |
| Investment Income | 8,000 | 8,880 | 9,857 |
| Net Earnings | 108,000 | 114,880 | 122,217 |
| Home Related | 20,000 | 20,600 | 21,218 |
| Food | 5,000 | 5,150 | 5,305 |
| Clothing | 8,000 | 8,240 | 8,487 |
| Healthcare | 6,000 | 6,360 | 6,742 |
| Transportation | 2,000 | 2,060 | 2,122 |
| Personal | 3,000 | 3,090 | 3,183 |
| Recreation | 4,000 | 4,120 | 4,244 |
| Cars/Entertainment | 9,000 | 9,270 | 9,548 |
| Hobby | 1,000 | 1,030 | 1,061 |
| Gifts/Donations | 2,000 | 2,060 | 2,122 |
| Insurance | 6,000 | 6,180 | 6,365 |
| Taxes | 26,000 | 27,820 | 29,767 |
| Total Expenditures | 92,000 | 95,980 | 100,163 |
| Cash Flow | 16,000 | 18,900 | 22,054 |
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
