Determine which retirement option(s) you would choose if you were this employee. Assess the factors that this employee should consider when selecting a retirement plan.

A new employee joins your company at age 24 making $40,000 per year. Currently, banks are paying 5% interest on saving accounts, and the rate of return on the company stock is 4% per year. During benefits enrollment, the employee stated that she would like to retire at age 60 with 3 million dollars in […]

With the aid of the same calculator, comment on how their individual household living standards have changed compared to when they were living separately.

Simon is an administrator living in Glasgow, earning £19,750 a year after deductions for tax, National Insurance and pension contributions. He is about to move into a flat with Michelle and her two young children. Michelle works in a café and makes £11,395.84 after tax and national insurance. She also receives £1,820 a year in […]

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