Posted: October 9th, 2022
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You do not need to share personal financial numbers unless you are comfortable with it. You can provide estimated data or general commentary on the numbers.
For this assignment, you can choose ONE of the following options.
Create a Word document and have three paragraphs – one for each category as noted in the Information Page (Meeting Current Needs, Meeting Financial Needs 10 Years Out, and Financial Needs at Retirement). Discuss for each category your financial needs. For example, in “Meeting Current Needs”, you can discuss current finances such as rent/mortgage, school expenses, utilities, car payments, etc. For “Meeting Financial Needs 10 Years Out, you can discuss where you envision yourself financially in 10 years such as career, house payments, kids’ college fund, etc. For “Financial Needs at Retirement”, you can discuss in general terms what you will be looking at such as a pension, social security, investments, etc. These are just suggestions. Your individual needs will guide the submission.
You can download a free financial template and revise and fill in the information as it pertains to your individual financial needs. Microsoft is one of many sites that offer free budget templates
https://templates.office.com/en-us/budgets
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