Financial Plan redux
Financial Plan redux
OK, last big assignment due for the class. Those who haven't opened MoneyTree.com it's time to sign up for the Free Evaluation. We've reviewed the software in class and will probably go over it again. Once you're registered, simply go through the program using the "Next" button at the bottom right of the screen. It would be a good idea to use data from what you've discovered from your career path research (I chose a firefighter job) (Data from the BLS handbook revealed that the 2012 median pay for entry-level firefighters is at $45,250 a year or $21.75 per hour.) And create a plan based on what you think your life will be after college.
Do not use the estate planning section, and assume that you will have 2 times your salary in term insurance from your employer.
Once you're through, I want you to submit ONLY the report page titled "Retirement Capital Analysis" along with 2 pages, double-spaced, in which you will relate whatever you learned by performing the financial plan. 30 points will be available for the paper and 20 for proper use of the software.