Calculate the amount of capital jordan

Assignment Help Business Management
Reference no: EM132657207

Jordan, age 46, currently makes $143,000. She expects that inflation will average 2.75 percent for her entire life expectancy. She expects to earn 8.5 percent on her investments and retire at age 65 and live to age 92. She has sent for and received her Social Security benefit statement, which indicated that her Social Security retirement benefit in today's dollars adjusted for early retirement is $20,000 per year. It is reasonable to subtract the Social Security benefit from today's needs because it is inflation adjusted.

Calculate the amount of capital Jordan will need at retirement according to the capital preservation method.

Reference no: EM132657207

Questions Cloud

Significance of higher or lower loan loss reserves : What is the significance of higher or lower loan loss reserves/gross loan % in terms of banks credit risk exposure? Is a 0.5% or 0.6% ratio better and why?
What is asset quality : What is the significance of a 5% compared to an 11% loan loss provisions/net interest revenue%. Which is better and what does it mean?
How much rent will pay mall owners : Suppose you are opening a mobile phone and tablet repair kiosk in a mall. Which of the following decisions are you likely to make?
Describe the application of statistics in health care : Describe the application of statistics in health care. Specifically discuss its significance to quality, safety, health promotion, and leadership.
Calculate the amount of capital jordan : Calculate the amount of capital Jordan will need at retirement according to the capital preservation method.
Effect of the basis on the hedger financial position : At the time the hedge is closed out, the basis is $0.25 per ounce. What is the effect of the basis on the hedger's financial position?
What will the income or loss from operations be : Darby Company, If the proposal is accepted and sales remain at the current level, what will the income or loss from operations be for the following year?
Calculate your actual power : Conduct an ANOVA (one way/omnibus) in your ASCI 691 capstone project. In order to ensure you have enough power to detect differences in your sample
Ancient middle eastern legal systems : Ancient Middle Eastern legal systems, in all three of the great Abrahamic Religions, Judaism, Christianity and Islam, completely disallowed the use of ANY usury

Reviews

Write a Review

Business Management Questions & Answers

  Subject to many technological innovations

Your organization has two business units. One unit is a long established manufacturer of a product that competes on price as well as has not been subject to many technological innovations

  Criteria for your ideas of a best practice

What are some important aspects of best practices and what is the criteria for your ideas of a best practice? (2 paragraphs)

  Prepare a report with an analysis of your finding

Prepare a report with an analysis of your findings. For exercise 1 provide an analysis of the implications that for the United States may have the fact that those specific countries are the top importers and exporters of merchandise.

  Social responsibilities surrounding the sales of alcohol

What are the ways that IT can help comply with legal requirements and social responsibilities surrounding the sales of alcohol?

  External forces that changes in income levels

1-Elasticity of demand can be defined as external forces that changes in income levels, or the price of related goods and services; the external forces brings a change in demand. When these other factors bring a change in demand; the demand of the..

  Give an example of a service breakdown you experienced

Give an example of a service breakdown you experienced. Describe the incident. Explain the recovery method of the company. Are you still a customer of the company? Why or why not?

  Explain how the model would look in your place of work

Illustrate what the discipline of Organizational Psychology thinks of the model. Explain how the model would look in your place of work.

  Role of regulations and acts

All efforts are put in place to help enhance the security of information assets. There are many Regulations, government acts, industry best practices

  Demonstrate personal and professional competence

How you would demonstrate personal and professional competence?

  Surprising truth about what motivates us

The Surprising Truth About What Motivates Us. Have you ever worked at a company where you have received recognition for your

  Consumer surplus application

Problem 1: Consumer Surplus Application Suppose that all consumers for a monthly internet service provider (ISP) haveidentical demand curves given by p =5- 0.5y

  Determine two aspects of global economic

Determine two aspects of global economic, demographic, and diversity trends that have affected health care human resources management.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd