Financial management applies to personal as well as business financial decisions. In this week's assignment, you will lay the groundwork for creating a personal retirement plan in Week 9.
This week’s analysis requires you to apply what you have learned using the textbook, as well as additional Internet and SU Library research. Also, please refer to the assignments in Weeks 2 and 4, in which you evaluated stocks and bonds as investment options and applied the concept of present value.
For this assignment, you take on the role of a personal retirement planner who is preparing a memo for your client. In the memo, explain to the client the financial and risk considerations that go into planning for retirement.
Write a 4–5 page paper using the following instructions:
The specific course learning outcome associated with this assignment is as follows:
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