How much money would you put away every month

Reference no: EM133290975

Part 1: Assume you've graduated from college and have a good-paying job (you're 23 years old). If you had to commit to investing regularly right now, how much money would you put away every month? Explain why. {A Good-paying job is between $35,000 - $60,000}

Part 2: Assume 22 years have passed. You're married. You own your own home. You're earning more today than you were 15 years ago (assume under $100,000). How much money would you put away every month now? Explain why.

Part 3: Assume you are 62 years old and you are eligible to collect Social Security benefits at age 67, so 5 years away. You've done well for yourself and your family (you didn't win the lottery, so assume your income is under $250,000). How much money would you put away each month for the next 60 months? Explain why.

Reference no: EM133290975

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