[Solution] Future Value of a Dollar
Write a 3-5 page academic paper about what you learn in this activity. What is the difference between the projected annual benefit, and the real buying power of your projected benefit based on the impact and projection of inflation? Realizing the difference between current and future value of benefits, discuss whether you could survive on your Social Security income alone. If not, suggest ways you plan on augmenting your future retirement income. Discuss the actions you can take in order to meet your future lifestyle objectives.
Write a 3-5 page academic paper about what you learn in this activity. What is the difference between the projected annual benefit, and the real buying power of your projected benefit based on the impact and projection of inflation? Realizing the difference between current and future value of benefits, discuss whether you could survive on your Social Security income alone. If not, suggest ways you plan on augmenting your future retirement income. Discuss the actions you can take in order to meet your future lifestyle objectives.
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