Reference no: EM133169624
Assignment - Develop and Recommend a Retirement Plan
Overview
In this assignment, you will recommend a personal retirement plan for a client that you identify. Support your recommendation to the client by explaining how the plan meets the client's needs and mitigates risk. In addition to the required page total, include the required appendices. Required appendices may be tables, pie charts, and/or other appropriate figures.
Scenario
You continue in the role of retirement planner you took on for the assignment. You will identify a client, create a retirement plan that meets that client's needs, and recommend the plan to the client.
1. Identify a person, couple, or family for whom you are creating the plan. Describe the person, couple, or family (no name is required, but it can be you, someone else, or someone you imagine). Each of the following items is important because your recommendations must align to them:
• Include the factors?that are important to know when developing a retirement plan?(age, marital status, number of dependents, health, life expectancy, and other sources of income such as social security and pensions).
• Identify a desired age of retirement and retirement income (assume these were provided by the client).
• Describe the client's personal risk tolerance (assume this information was provided by the client).
2. Develop a personal retirement plan?that identifies required savings?before retirement and planned savings and withdrawals before and after retirement. Support your explanation of this plan with the following appendices:
• Annual and monthly savings before retirement.
• Annual and monthly withdrawals after retirement.
3. Recommend asset allocations that mitigate risk based on client's profile, such as age, marital status, and personal risk tolerance, and based on the riskiness of the assets.?Provide the following appendix to support the original and changing allocation of asset classes:
• Asset allocation over the life of the plan.
4. Choose sources that are credible, relevant, and appropriate..
Earned value management
: Your project sponsor is not familiar with earned value management (EVM). You have been asked to provide him with a quick overview of EVM.
|
Conducting business and managing employees in global society
: Formulate strategies for conducting business and managing employees in a global society. What do these policies cover, and what are their limitations?
|
Since the killing of george floyd
: Since the killing of George Floyd, the organization has decided to put a more concerted effort into their DEIB (diversity, equity, inclusion, belonging) efforts
|
Evaluate methods for establishing base pay in international
: Evaluate the methods for establishing base pay in international assignments: home country-based pay, headquarters-based pay, and host country-based pay.
|
Develop and recommend retirement plan
: Identify a person, couple, or family for whom you are creating the plan
|
Corporate entrepreneurship is oxymoron
: Discuss whether the term "corporate entrepreneurship" is an oxymoron. Can corporations-especially large ones-be innovative?
|
Critique the impact of diversity-equity and inclusion
: Discusses the differences between the concepts of diversity, equity, and inclusion in the workplace for both companies.
|
Outline communications plan
: Outline a communications plan the company could use to make the strategies you recommend above known to all stakeholders.
|
Forecasting-mock email
: Write a mock email to the executives in your company, bringing up a real-life, major issue facing your company or industry today.
|