Description
Discussion 3
In order to complete this discussion, you need to have completed Exercise 3.
In your initial post, reflect and post on what you already knew about the exercise you completed. What areas did you find confusing or still don’t quite understand? Post your deliverables (files and results) as attachments to this discussion post. Then, read and respond to at least two other students’ submissions for this topic providing meaningful feedback to their posting.
How did output values, such as packet routes and the response time between your computer and a target host, differ from yours?
Is there a technical reason for differences between student results, or should all computers have the same results from each test performed?
You must start a thread before you can read and reply to other threads
Exercise Activity 3Assignment
In this activity, you’ll discover how to use several useful commands which are available on most Windows and Apple computers. These basic tools will help you better understand and evaluate the computer’s network status, as well as view a multitude of settings and attributes that must be in place to allow communication to occur.
Complete Hands-On Activity 5A which can be found beginning on page 149 and ends on page 154 in your textbook. Post the deliverables in a single Word document as required (screen captures, response to questions, etc.).
Note: This activity must be completed prior to starting Discussion 3.
Unformatted Attachment Preview
Sample Outline for Speech 2: Visual
Aids
Preparation Outline 2: Visual Aids
by
Julie Smith
Specific Purpose: To inform my audience how to accumulate money for retirement.
Thesis (or Central Idea Statement): Invest 10% of earned income in long-term investments
yielding an average total annual return of 10% for 30 years.
Introduction
When you retire, how many of you would like to know that you will never have to worry about money
again? Of course, all of us would like that, but how many of us will be in that position? I worked as a
financial planner for a few years in the early 2000s, and I can help you decide if you will be free from
money worries when you retire. The rest of the speech is designed to help you calculate how much
money you will need when you retire, so that you can do something about that now—and every year
between now and when you retire.
Body
I.
What is the most important thing you need to know about investing for retirement?
A.
Financial planners who know what they are talking about will tell you that you need to
have a well-diversified portfolio covering the major asset classes.
1.
You will need some fixed return assets such as savings accounts, fixed
annuities, bonds, bond funds, social security retirement benefits, and,
perhaps, company pension benefits.
2.
You will need some variable return assets such as stocks and stock funds.
B.
But, I am here to tell you that diversification is not the entire story.
1.
To maximize your retirement prospects, you should live on not more than
70% of your gross income.
2.
You should not be paying more than 20% of your gross income on debt
payments.
3.
You should be saving and investing at least 10% of your gross income for
your retirement.
4.
You should not be borrowing or spending any of your retirement investments
for any other purpose.
a.
down payment on a home
b.
education for your children or you
Transition: First, it’s important to determine how much money you will actually need after
retiring.
II.
How do you decide how much income your investments will need to generate when you
actually retire?
A.
B.
C.
Some planners like to use a formula based upon a percentage of your present
income.
1.
50% of gross or net income
2.
60% of gross or net income
3.
70% of gross or net income
4.
80% of gross or net income
5.
100% of gross or net income
Other planners like to do a needs analysis.
1.
Calculate your current living expenses.
2.
If you own a home, and if your mortgage will be paid off when you retire,
subtract the principal and interest expense (not the real estate taxes and
homeowners’ insurance).
3.
Subtract the amount of Social Security tax you now pay (7.65% currently).
4.
The result is the amount of money you will need for retirement income.
Include an inflation calculation to account for the loss of purchasing power of future
income.
1.
3%
2.
4%
3.
5%
Note: Be careful. Just because we haven’t had much inflation lately, that doesn’t
mean we won’t have more in the future.
D.
Estimate the amount of retirement income you will receive from a variety of sources.
1.
Social Security retirement
2.
government or military pensions
3.
Individual Retirement Accounts
4.
other private savings and investments.
Transition: Once you know how much you’ll need, you should look at how much you can
accumulate.
III.
Let’s take a look at how much you can accumulate, based upon a consistent annual
investment.
A.
If you can invest 10% of your gross income each year for 20 years, and if you can
realize a total annual return (capital gains, dividends, and price appreciation) of 10%,
you can accumulate $56,275.01.
B.
If you can invest 10% of your gross income each year for 30 years, and if you can
realize a total annual return (capital gains, dividends, and price appreciation) of 10%,
you can accumulate $163,494.10.
C.
If you can invest 10% of your gross income each year for 40 years, and if you can
realize a total annual return (capital gains, dividends, and price appreciation) of 10%,
you can accumulate $441,593.00.
D.
If you can invest 10% of your gross income each year for 50 years, and if you can
realize a total annual return (capital gains, dividends, and price appreciation) of 10%,
you can accumulate $1,162,91.10.
Transition: Now that you know this, you can calculate how much these principles will
produce.
IV.
How much income will these principal amounts produce?
A.
Assume a 4% rate of return.
B.
1.
$56,275.01 generates $2,251.00 per year.
2.
$163,794.10 generates $6,539.764 per year.
3.
$441,593.00 generates $17,663.72 per year.
4.
$1,162,910.00 generates $46,516.40 per year.
Assume an 8% rate of return.
1.
$56,275.01 generates $4,502.00 per year.
2.
$163,794.10 generates $13,079.53 per year.
3.
$441,593.00 generates $35,327.44 per year.
4.
$1,162,910.00 generates 93,032.80 per year.
Conclusion
Well, now you know you need to do if you want to have enough money to retire on. Live on less than
you earn, diversify, invest at least 10% of your gross income for retirement, and earn at least 10%
per year on this investment until you retire. Calculate the amount of money you will need to retire on,
but include an inflation calculation as part of this planning process. Estimate the amount of
retirement income you will receive from a variety of sources: Social Security retirement, government
or military pensions, and Individual Retirement Accounts, and other private savings and investments.
References
Clason, G. S. (1982). The Richest Man in Babylon. New York, NY: Bantam Books
Fidelity Investments. Retirement Resource Center. http://personal.fidelity.com/retirement/?bar=c
The American Association of Retired Persons. Retirement Calculator.
http://sites.stockpoint.com/aarp_rc/wm/Retirement/Retirement.asp?act=LOGIN .
The Financial Planning Association. http://www.fpanet.org/
TIAA/CREF. Retirement Goal Evaluator. https://www3.tiaa-cref.org/reteval/RetServlet
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