MS Excel.ppt - Spreadsheet Modeling Retirement Planning Bob Davidson is a 46 year old married tenured professor at a small New England college His

MS Excel.ppt - Spreadsheet Modeling Retirement Planning Bob...

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Spreadsheet Modeling
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Bob Davidson is a 46 - year - old, married, tenured professor at a small New England college. His salary is currently $116,000. His employer contributes an amount equal to 10 percent of his salary to a retirement fund, and Bob himself has been contributing $9,500 a year. The current value of his retirement fund is $167,000. Bob would like to know whether his current level of retirement savings is adequate.Retirement Planning
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