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You recently accepted a new job offer after finishing your undergraduate degree. Your starting salary is 7 0 , 0 0 0 and you expect
You recently accepted a new job offer after finishing your undergraduate degree. Your starting salary is and you expect to receive raises year on year. your employer offers k and matches of your contributions up to of your salary. assume yearly returns and yearly retirement contributions at the beginning of each year. can you answer this on excel and show formulas please
If you retire in years and meet the employer match, how much money will you have in your k upon retiring?
Using the same data, your k has a year graded vesting schedule. If you leave after years of working, how much money of the total k amount are you vested inie how much can you take with you to roll over into your next k andor IRA?
If you wait full years to start contributing, how much less will you have in your k upon retiring? assume no change in retirement age
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