- Tax Planning
- Investments 1: Before you Invest
- Investments 2: Your Investment Plan
- Investments 3: Securities Market Basics
- Investments 4: Bond Basics
- Investments 5: Stock Basics
- Investments 6: Mutual Fund Basics
- Investments 7: Building Your Portfolio
- Investments 8: Picking Financial Assets
- Investments 9: Portfolio Rebalancing and Reporting
- Retirement 1: Basics
- Retirement 2: Social Security
- Retirement 3: Employer Qualified Plans
- Retirement 4: Individual and Small Business Plans
- Estate Planning Basics
Case Study #1 Answer
Calculations
Set your calculator to 1 payment per year (annual).
N = 30, I = 8.5%, PV = 0, FV = $1,000,000
Solve for Bill’s annual payment.
Bill would need to save $8,050.58 annually to reach his goal.
Recommendations
Bill could use any number of investment vehicles, including stocks, bonds, cash, mutual funds, etc.
