How much money willan employee have at retirement

Reference no: EM131970512

Question: An employee contributes $20,000 to a 401(k) plan each year, and the company matches 25% of this annually. Equity funds are earning 10%, bond funds 4% and money market funds 1%. The employee will retire in 25 years. How much money will he have at retirement if he puts 60% of his money in equities, 30% in bond funds and the rest in money market funds?

Reference no: EM131970512

Questions Cloud

Prepare a differential analysis dated february eighteen : Prepare a differential analysis dated February 18, 2014, on whether to continue with the old machine (Alternative 1) or replace the old machine

Do you think they should give up their separate chequing : Pamela and Josh have separate chequing accounts. Do you think they should give up their separate chequing accounts and open a joing chequing account?

Find the levered value of the firm : All else equal if corporate taxes are cut by the current administration and congress what happens to the WACC, Value of the levered firm?

How effect of falsifying inventory records lead to downfall : It was amazing to read how the effect of falsifying inventory records lead to the downfall of the company and the imprisonment of its founder.

How much money willan employee have at retirement : An employee contributes $20,000 to a 401(k) plan each year, and the company matches 25% of this annually. Equity funds are earning 10%, bond funds 4%.

What is the probability that there is exactly one oil : Assume such occurrences during each time period follow a Poisson distribution with ? proportional to the length of time.

Construct a data table in excel that will show lindsay : Construct a data table in Excel that will show Lindsay the balance of her retirement account for various levels of annual investment and return.

At what price per jar would project npv equal zero : At what price per jar would project NPV equal zero? (Enter your answer in dollars not in millions. Do not round intermediate calculations).

What amount is deductible for renee : Renee paid $4,000 in mortgage interest on a $110,000 mortgage that was taken out when she bought her home several year ago. What amount is deductible for Renee?

User Account

All Pages