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Investment Planning Proposal.docx

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1 Investment Planning Proposal Amanda Taylor FP/100 2/21/2018 William Mason
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2 Investment Planning Proposal In this essay, I will express the importance of investing in your future.  Why is funding  important? Spending is crucial since it determines lively hood and how comfortable one can live  financially.  Finances can make or break someone’s future success and living condition.  One  example of how to save is the "10% rule" -- i.e., save 10% of your income for retirement -- is  perhaps the most well-known financial rule of thumb according to (2017, Dec 10). Dow Jones  Institutional News.  There are multiple approaches one can take to retirement investments, but  my focus is the 401 (K) plan.   First, this plan is tailored to a woman named Kathy a 28-year-old, single mother of twin  boys.  She has been working as a public relations media specialist for three years, having worked at the same company where she started out answering the phones. She has her B.A. in  Communications and a student loan of $20,000 she has not yet begun to pay off. Her job pays  $70,000 a year. She receives no financial support from the father of her twins. Her costs include  paying for childcare, credit cards, and a mortgage. She can set aside between $200-325 a month 
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