Allison, age 40, earns $95,000 annually; her wage replacement ratio has been determined to be 70%. She expects inflation will average 3% over her entire life expectancy. She expects to work until 67, and live until 95. She anticipates a 7. 5% return on her investments. Allison does not expect to receive any Social Security retirement benefits.

Calculate Allison’s annual retirement needs in today’s dollars

What is the amount of Allison’s first retirement distribution at age 67

Calculate Allison’s capital needed at retirement age 67

Answers

Answer 1

a. The retirement needs in todays dollars is $66,500

b. $147,715.2 is the amount of Allison’s first retirement distribution at age 67

c. The capital at retirfement at this age is $2,463,098.27

a. The retirement needs in todays dollars

= Earnings in this period x wage replacement

= 95000 * 0.70

= $66,500

b. The wage at the age of 40 is = 95000 dollars

Inflation rate that is in the economy = 3%

Age difference = 67 - 40 = 27

Adjusted inflation that is based on age

95000x(1+3%)²⁷

= 95000 x 2.22128

= $211,022.46

The replacement ratio = 70%

$211,022.46 x 0.7

= $147,715.2

$147,715.2 is the amount of Allison’s first retirement distribution at age 67

c. The solution for c is contained in the excel document below.

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Allison, Age 40, Earns $95,000 Annually; Her Wage Replacement Ratio Has Been Determined To Be 70%. She

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The type of bond which investors would buy that they may choose to exchange their bond for shares of common stock in the company is known as convertible bonds.

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With this in mind, if an investor wants to later exchange their bond for shares of common stock in the company, then they would have to buy convertible bonds,

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Answer:

The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

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The industrial sector uses natural gas as a fuel for process heating, in combined heat and power systems as a raw material to produce chemicals, fertilizer, hydrogen, and plant fuel.



Explanation:

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An increasing proportion of influential financial decisions are being made in Major corporate centers such as New York, London, and Tokyo in

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In a situation were the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.

Journal entry

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Which marketing tactic runs counter to the practice of market segmentation?

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Answer:

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Answer:

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Explanation:

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Answer:

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Explanation:

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Answer:

C. Right to education

Explanation:

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Answer:

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Explanation:

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Answer:

It would be the agent by definition.

Answer:

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Explanation:

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Answer:D

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A person who opened up a gourmet popcorn store is a suitable example of an entrepreneur.

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Answer:

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Answer:

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Answer:

I would save a quarter of it for university, I would pay off and debt then I would invest in shares and donate to charity. also buy a car.

Explanation:

this is a personal based question so it's what you would spend the mil on. this is what I would spend it on.

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Answer:

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Explanation:

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Brand equity is a term that denotes the set of assets and liabilities that are linked to a brand and enable it to raise a firm's valuation.

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The percentage of variance that is mewasured in this regression is 12 percent.

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How do embargoes most negatively affect a domestic market?.

Answers

Explanation:

by depriving domestic producers of needed goods, restricting their ability to trade by helping international producers fill a market void, decreasing domestic trade by preventing domestic producers from trading needed goods with all countries by encouraging international producers to sell new goods for lower prices ..

By prohibiting domestic industries of necessary commodities and limiting their ability to trade, international sanctions have a particularly severe impact on the domestic market.

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Answer:

✒️Answer:

A monopoly firm is a price-maker simply because the absence of competition from other firms frees the monopoly firm from having to adjust the prices it charges downward in response to the competition. ... Absent that competitive atmosphere, a sole provider can set the price he or she wants.

Explanation:

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The increase in real GDP when government spending increases is $16 billion.

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Answer:

The Fair Employment Practice Committee was created in 1941 in the United States to implement Executive Order 8802 by President Franklin D. Roosevelt banning discriminatory employment practices by Federal agencies and all unions and companies engaged in war-related work.That was shortly before the United States entered.

Explanation:

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Answers

the answer is price

Explanation:

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Answer:

the answer is price

Explanation:

you are welcome

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