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Determining Retirement Shortfall David and Anisa have 25 years to retirement. They are taking a personal finance course and have calculated their projected retirement income and investment needs. Based on their calculations and taking into account their Social Security and pension incomes, they have a projected shortfall of $6,500.00 per year. Use the following tables to answer the questions about future value interest factors. Interest Factors-Future Value The impact of the inflation factor Continuing their worksheet, they consult a friend, economics professor Dr. Rosenberg, who believes that they can expect the average annual infation rate to be 5%, possibly 6% tops. Complete the following table by caiculating inflation-adjusted annuar shortfall for David and Anisa at 5\%. Then recalculate the shortfail oused on the Determining Retirement Shortfall David and Anisa have 25 years to retirement. They are taking a personal finance course and have calculated their projected retirement income and investment needs. Based on their calculations and taking into account their Social Security and pension incomes, they have a projected shortfall of $6,500.00 per year. Use the following tables to answer the questions about future value interest factors. Interest Fabgo-Future Value of an Annuity The impact of the inflation factor Continuing their worksheet, they consult a friend, economics professor Dr. Rosenberg, who belleves that they can. expect the average annual inflation rate to be 5%, possibly 6% tops. Complete the following table by calculating inflation-adjusted annual shortfoll for Dovid and Anisa at 5%, Then recaleulate the shortfall based an the The impact of the inflation factor Continuing their worksheet, they consult a friend, economics professor Dr. Rosenberg, who believes that they can expect the average annual infiation rate to be 5%, possibly 6% tops. Complete the following table by calculating inflation-adjusted annual shartfan for David and Anisa at 5%. Then recaiculate the shortfail based on the top rate provided by Dr. Rosenberg. Funding the shortfall In oddition to determining a realistic infiation rate, David and Anisa talked to their financial adyisor to understand rates of return now and after they reach retirement. First, their advisor projects that in 25 years, they can realistically earn 5% on thelr nest egg. 5 econd, he recommends an investment vehicle that is earning 6% annually. Complete the following table using the inflation-adjusted annual shortfal ot 5% as areviousty calculated. Determining Retirement Shortfall David and Anisa have 25 years to retirement. They are taking a personal finance course and have calculated their projected retirement income and investment needs. Based on their calculations and taking into account their Social Security and pension incomes, they have a projected shortfall of $6,500.00 per year. Use the following tables to answer the questions about future value interest factors. Interest Factors-Future Value The impact of the inflation factor Continuing their worksheet, they consult a friend, economics professor Dr. Rosenberg, who believes that they can expect the average annual infation rate to be 5%, possibly 6% tops. Complete the following table by caiculating inflation-adjusted annuar shortfall for David and Anisa at 5\%. Then recalculate the shortfail oused on the Determining Retirement Shortfall David and Anisa have 25 years to retirement. They are taking a personal finance course and have calculated their projected retirement income and investment needs. Based on their calculations and taking into account their Social Security and pension incomes, they have a projected shortfall of $6,500.00 per year. Use the following tables to answer the questions about future value interest factors. Interest Fabgo-Future Value of an Annuity The impact of the inflation factor Continuing their worksheet, they consult a friend, economics professor Dr. Rosenberg, who belleves that they can. expect the average annual inflation rate to be 5%, possibly 6% tops. Complete the following table by calculating inflation-adjusted annual shortfoll for Dovid and Anisa at 5%, Then recaleulate the shortfall based an the The impact of the inflation factor Continuing their worksheet, they consult a friend, economics professor Dr. Rosenberg, who believes that they can expect the average annual infiation rate to be 5%, possibly 6% tops. Complete the following table by calculating inflation-adjusted annual shartfan for David and Anisa at 5%. Then recaiculate the shortfail based on the top rate provided by Dr. Rosenberg. Funding the shortfall In oddition to determining a realistic infiation rate, David and Anisa talked to their financial adyisor to understand rates of return now and after they reach retirement. First, their advisor projects that in 25 years, they can realistically earn 5% on thelr nest egg. 5 econd, he recommends an investment vehicle that is earning 6% annually. Complete the following table using the inflation-adjusted annual shortfal ot 5% as areviousty calculated

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