write a 3 to 4 page essay with an introduction, discussion, analysis and
conclusions. Failure to follow these instructions will result in a grade of 50% or less. Also,
numbered responses to the guidelines are no considered an essay. Feel free to use someone
else’s financial information or make up the data. The point of these assignments is to go through
the process and complete the analysis.
Also, numbered responses to the guidelines are not considered an essay.
1. Determine your retirement goals
a. When do you plan to retire?
b. Think about how long you and your spouse will live in retirement.
c. Where do you plan to live?
i. Will you keep your home?
ii. Will you downsize?
iii. Will you move into a retirement community?
iv. Will you or your spouse require long term care?
d. Estimate your retirement needs.
2. Create a debt retirement plan that will pay off all debt before you retire.
3. Develop your savings and investment plan
a. Identify sources of retirement.
i. Social Security
ii. Pension Plans
iii. IRA
iv. other
b. How will you need to save?
c. Determine your investment philosophy?
4. Estimate your sources retirement income and assets available at the time you retire. Also,
determine how you plan to use your assets in retirement.
