Retirement Planning Worksheet: Annual Investments?
For a project I need to pick 12 to 15 stocks, mutual funds, or bonds with the 1st six using $227.640. I will just invest 37,940 for amount of investment. What or where can I find these with the estimated annual growh rate and estimated value at retirement? THIS IS A PROJECT, NOT REAL!!!!!!!!!!
Public Comments
- that your asking this question here is kind of scary...get an advisor, even a financial planner. They have very reasonable rates for your situation. Just make sure that they are the real deal.
- You can find a lot of past performance of mutual funds on this web site. http://www.micropal.com/ although past return is no guarantee of future results - still, it could be used as an estimate. If you want to calculate what an investment of $37,940 would add up to if it grew at 5% per year, just type this formula into an excel sheet: =FV(0.05,30,,-37940) A whopping $163,974!
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