Our Services

Get 15% Discount on your First Order

Overview Financial management applies to personal as well as business

August 10, 2022

Overview

Financial management applies to personal as well as business financial decisions. In this week’s assignment, you will lay the groundwork for creating a personal retirement plan in Week 9.

This week’s analysis requires you to apply what you have learned using the textbook, as well as additional Internet and SU Library research. Also, please refer to the assignments in Weeks 2 and 4, in which you evaluated stocks and bonds as investment options and applied the concept of present value.

Scenario

For this assignment, you take on the role of a personal retirement planner who is preparing a memo for your client. In the memo, explain to the client the financial and risk considerations that go into planning for retirement.

Instructions

Write a 4–5 page paper using the following instructions:

Describe the importance of factors to consider when developing a retirement plan. These will include age, marital status, number of dependents, health, life expectancy, and other sources of income such as social security and pensions.
Examine the relationship between risk and return and its impact on decisions about saving for retirement. Provide examples of the relationship.
Explain how risk factors (such as age and personal risk tolerance) impact the allocation of assets included in a retirement plan. Support your explanation with examples of how asset allocation changes as the risk factors change.
Analyze how fiscal and monetary policies may impact retirement plans.
1. Research how changes in fiscal policy and monetary policy can impact retirement savings.
2. This research should include how changes in policies, including interest rates, tax rates, and policies that impact savings (IRAs, 401k), can impact retirement plans.
Evaluate the implications of the time value of money with respect to saving for retirement. Support the answer with specific examples and explanations.
Use 4–5 sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation, access the library or review library guides.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. 

The specific course learning outcome associated with this assignment is as follows: 

Determine the suitability of an investment strategy that considers external risk factors and a literature review. 
Create investment recommendations based on research that includes the rationale and risk mitigation for the chosen strategies.

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

This week, you have explored the concept of applying research

This week, you have explored the concept of applying research in professional practice. Now you will begin to think about how you’d like to apply the research you pulled together for your Week 5 literature review to make evidence-based best practice recommendations for resolving workplace issues related to your

If you’re applying for a job, your future employer might

If you’re applying for a job, your future employer might run a background check. These checks may include some combination of an investigation into the employee’s credit score, criminal background, and even social media activity. Most companies consider it a good investment to spend a few hundred dollars per

Assignment: Preparing for a Rainy Day: It is Raining For this assignment, you are to prepare a paper that

Assignment: Preparing for a Rainy Day: It is Raining For this assignment, you are to prepare a paper that serves primarily as an organized outline for the preparation of the conversation you plan to have with your CEO. Your CEO has requested a meeting with you with some degree of

Respond to this with 150 words, one in-text citation and Nursing Assignment Help

Respond to this with 150 words, one in-text citation and one reference please! Reproduction Function Ms. P.C.’s Most Likely Diagnosis The information provided in this case, including the clinical manifestation and microscopic examination of vaginal discharge, indicates the likelihood that Ms. P.C. has a pelvic inflammatory disease

Objective Provide an opportunity for students to apply a technology

Objective Provide an opportunity for students to apply a technology solution to a business problem in a specific company or organization that adds value to the organization. Guidelines Step 1: Exploring Information Technology: Project-topic selection (1-2 paragraphs) Begin thinking of a business problem that could be solved with a technology

In your discussion posting, first: 1) Apply this chapter’s contents

In your discussion posting, first: 1) Apply this chapter’s contents to your own life experience with the institutions of marriage and the family. What social factors affect your family life? In what ways is your family life different from that of your grandparents? 2) Have social media and internet

Psychology in the media

Curious about the many claims you hear about psychology in the popular media? As a student of psychology, you should be a knowledgeable consumer of scientific research as it is presented to the public, as well as to other scientists through peer reviewed journal articles. You are in a position

RESPOND TO THIS POST 150 WORDS Recovery in my opinion

RESPOND TO THIS POST 150 WORDS Recovery in my opinion is a more crucial factor in an athletes ability to perform from day to day. Because if an athlete has gone through a game or a workout. Then, the next day it is ok to be a little sore but

Subordinate Support Assignment Instructions Overview This assignment provides you with

Subordinate Support Assignment Instructions Overview This assignment provides you with the opportunity tofurther analyze the organization that you selected back in Module 3: Week 3,from a leadership perspective. This assignment will enable you to gain a deeperunderstanding of how this organization supports subordinates through effectiveleadership. Instructions In this assignment,

In your opinion, do you think the general public understands

In your opinion, do you think the general public understands the different roles of carbohydrates, protein, fat, and vitamins in our body? Why or why not? Do you think it is ignorance or apathy (or both)? 3. What factors do you think most greatly influence our nutritional decisions (i.e.

Write a minimum four-to-five paragraphs answering the given question/s(each paragraph

Write a minimum four-to-five paragraphs answering the given question/s(each paragraph must be minimum 5 to 6 sentences long) : First: To start Read the Articles (cite the given articles as facts, evidence or examples to support your argument) In presenting your argument make sure to demonstrate how is the Electoral

HHS 201 AU Health & Medical Helping in Human Service Essay Nursing Assignment Help

Expert Solution Preview Introduction: As a medical professor, my role is to create assignments and evaluate the performance of medical college students. I design and conduct lectures, assess student learning through examinations and assignments, and provide constructive feedback to support their growth and development. In this capacity, I ensure

This discussion will allow you to examine several different preventive guidelines related to vaccinations. Please read the following four scenarios and choose ONE for your initial post; be sure to add Nursing Assignment Help

This discussion will allow you to examine several different preventive guidelines related to vaccinations. Please read the following four scenarios and choose ONE for your initial post; be sure to address all the questions posed by the scenario and include at least three scholarly sources within your initial post. Note:

Produce a technical plan that addresses the data operations management

Produce a technical plan that addresses the data operations management function for data governance of your case study. Produce a technical plan that addresses the data security management function for data governance of your case study. Produce a technical plan that addresses the master data management function for data governance

(All questions must be answered) See attachment Before you submit

(All questions must be answered) See attachment Before you submit your assignment, review the competencies below, which your instructor will use to evaluate your work. A good practice would be to use each competency as a self-check to confirm you have incorporated all of them. To view the complete grading

To what extent does brand identity and customer satisfaction affect

To what extent does brand identity and customer satisfaction affect customer loyalty in the UK fashion market particularly for Gap clothing? Problem statement: Gap lost its brand identity Aims and Objectives Identify key terms: Brand Identity, customer satisfaction and customer loyalty Identify Sub -subjects’ key terms: Service quality, attidunal loyalty

The word “FAMILY” plays a vital role in every human

The word “FAMILY” plays a vital role in every human life because family comes as a top priority; we are well aware of that. Like a tree has its root, stem, branches, leaf, flowers, the same as the family tree has its structure like grandparents, parents, child, and it keeps

discussion deals with Operating systems and its vulnerabilities. An operating

discussion deals with Operating systems and its vulnerabilities. An operating system is defined as the following: A software that manages the hardware and software of a system. It also provides the User Interface that allows humans to interact with the system. As much of the information is either created