Retirement Vehicle Exercise

User Generated

0429_

Business Finance

Description

Professor instructions: Review your eulogy, then based on that, visualize yourself at age 45. As you plan for retirement, identify three types of retirement plans (401k, ROTH IRA, etc.) that you could use to fund your needs. Identify the strengths and weaknesses of these plans, then pick the best option and explain why.

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Eulogy I am an observer at my own funeral. My best friend gets up and talking about my life. He will say about: Peter is my best friend, today is his funeral. I feel so sad about that. I have to tell everyone, Peter is a very nice guy with a successful life, I love him so much! His career life was not plain sailing. He has met lots of unsuccessful business before 30. Finally, he created his own company at 30 years and succeed. He retired when he was 55. He gave his company to his son. He has a beautiful wife and one son. He also has a very cute granddaughter. He studied in Harvard University for his bachelor and master’s degree. His wife is the one who he met in Harvard University. His son has master’s degree in Harvard university. His granddaughter is in Stanford for her bachelor’s degree right now. Peter loved traveling so much, he almost traveled all over the world after he retired. He loved soccer so much, he focused on soccer match every season. He didn’t like any kind of gamble. He loved the healthy activities, like working out in gym. He was also a kind person. He helped poor people a lot. He liked to donate money to charity. He will always live in our memory, I missed him so much!
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Explanation & Answer

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Outline

Introduction
Body
Conclusion
References


Surname 1

Student’s Name
Professor
Course
Date
I, Peter I am a holder of both the bachelors and masters degree from hazard university.
Having tried my luck in search of a job, all my efforts bore no fruits. Being unsuccessful in
almost all my undertaking at an early age, I had to think about to focus on how my future life
could. I started to invest in a business which will help me in the future. Being self-employed it
becomes hard when it comes to investment, thus making me think on how my life will be at 45
years when I will have retired. I will create a company from which my cash inflow will be
generated thus keeping my family and me stable after coming into terms that after my retirement
from the business industry, I had to think about how I can secure my future to be bright. After
the visualisation, I thought of pension investment plans. I started to feel on the best st...


Anonymous
Just what I was looking for! Super helpful.

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