Retirement Planning Case.docx - CMIS2250 Data Modelling and Spreadsheet Engineering Assignment By Carrie Armstrong Ruijia Wang Pardeep Sanghera and

Retirement Planning Case.docx - CMIS2250 Data Modelling and...

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CMIS2250 Data Modelling and Spreadsheet Engineering Assignment By Carrie Armstrong, Ruijia Wang, Pardeep Sanghera and Marjorie Carlos
Question 1 - Explore the mess by answering the following questions: a) What do we know? Bob’s salary and additional incomes the amount Bob and the school contributes to his retirement savings proportion of his investments with TIAA-CREF all of Bob’s assets Bob sets aside $7,500.00 per year himself. b) What can we assume? Bob will have enough money to travel for a couple of years after once he retires. Future medical expenses may arise for him and his wife. Margaret may acquire estate from her deceased parents. c) What could the results look like? adequate retirement money for Bob and Margaret to travel extensively and live comfortably additional medical expenses as they are getting older and based on family history Sue would need financial support after college d) What information could be brought to bear?

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