If you will live for X years after retirement and the estimated return for your investment portfolio...

Question

If you will live for X years after retirement and the estimated return for your investment portfolio is 5% annually at that time, how will you decide your retirement plan? You should first think about how many years you will live, how much money you will spend yearly after retirement, and how your investment style is, such as risk averse or risk taking. Then, you set your investment objective and decide your retirement age. Finally, try to form your portfolio by selecting funds from either “Fidelity 401(k) plan” or “Hines 401(k) plan” and allocating your assets, and to evaluate your possible returns and risk. There are no fixed rules for the choice of your portfolio. However, you will not benefit by only investing in one or two funds.

Will your portfolio achieve your target by the age of retirement?

Tanmoy · Accepted Answer

RETIREMENT PORTFOLIO
Table of Contents
Analysis	3
Conclusion	4
References	5
Analysis
The reason due to which I choose the fidelity 401(k) plan compared to the 401k is due to the fact that a fidelity 401(k) plan will help you to provide a steady savings stream of income even after the retirement.
Further, the individuals can also opt for an annuity plan which will ensure a stable flow of cash for meeting the annual expenses. Further, an individual will have the ability to apply for a loan during a situation of impending emergency where 50% of the amount will be withdrawn from the account. 
Further, this fidelity 401k plan has various new features, along with flexible design plans and online website accessibility of the retirement account. The Internal Revenue Services (IRS) generally contributes $19000 annually (Segal, 2021). But if the individual who is presently aged 50 years is able to contribute additional $6000 as an employee,

If you will live for X years after retirement and the estimated return for your investment portfolio is 5% annually at that time, how will you decide your retirement plan? You should first think about...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment