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Assignment -
Assume you are 22 years old and graduating from college with no assets and no debt. How will you get to age 65 (retirement) with a net worth of $10 million?
Table 1: In your spreadsheet it will list your assumptions. Make it a "live" table so that you can change the values in the list of assumptions and the results will be reflected in the calculations table.
Table 2: This is the calculations table. Make a table that has one row for each year. The columns in the table are the calculated results of the various assumptions you make. Columns should be things like how your salary increases at a rate that is listed in Table 1. How much you save from your salary should be a column. Each way you invest will be a column in Table 2. The farthest right column in the table will be the sum of your net worth each year.
Table 3: List the results of your Monte Carlo simulation as you change assumptions and iterate your way to a solution that gives you $10 million when you reach age 65.
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