develop and analyze a retirement planning model

Instruction

This’s a project assignment for the course of Decision Modeling.
Please develop and analyze a retirement planning model for your personal situation. First, the attached example11.11 can help you have a good understanding of the concepts in these problems, build and analyze a more realistic planning model for your personal situa-tion. For example, if you have an employer-sponsored plan, incorporate current yields and model assumptions on salary increases, etc. If not, do sufficient web-based research to determine and incorporate realistic investment returns for the types of investments that you would consider (for example, compare fixed rate bond funds with more volatile stock funds; identify realistic distributions for annual rates of return, etc.). After you build the model, use Analytic Solver Platform to simulate it and analyze the re-sults. Write up a complete and formal report detailing how you built the model and fully explaining all results.

example 11.11:

develop and analyze a retirement planning model

Instruction

This’s a project assignment for the course of Decision Modeling.
Please develop and analyze a retirement planning model for your personal situation. First, the attached example11.11 can help you have a good understanding of the concepts in these problems, build and analyze a more realistic planning model for your personal situa-tion. For example, if you have an employer-sponsored plan, incorporate current yields and model assumptions on salary increases, etc. If not, do sufficient web-based research to determine and incorporate realistic investment returns for the types of investments that you would consider (for example, compare fixed rate bond funds with more volatile stock funds; identify realistic distributions for annual rates of return, etc.). After you build the model, use Analytic Solver Platform to simulate it and analyze the re-sults. Write up a complete and formal report detailing how you built the model and fully explaining all results.

example 11.11: