Who Is Ready To Retire: Your Average Life Expectancy And The Savings Needed To Support You

ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
Kaitlyn Burkett (Creator)
Institution
Appalachian State University (ASU )
Web Site: https://library.appstate.edu/
Advisor
Lasanthi Watagoda

Abstract: The following work helps predict the life expectancy of an individual and how much they will need to save each month in order to live to that age after retirement. People often forget about life after retirement until it’s too late to start saving properly. This project is hoping to bring this idea to people's attention earlier and to make the process easier. The work presented first finds a model to predict that life expectancy and then the creation of a calculator to give the minimum monthly contribution to savings needed to live comfortably in retirement.

Additional Information

Publication
Honors Project
Burkett, K. (2019). Who Is Ready To Retire: Your Average Life Expectancy And The Savings Needed To Support You. Unpublished Honors Thesis. Appalachian State University, Boone, NC.
Language: English
Date: 2019
Keywords
Life Expectancy, Calculator, Savings, Time Value of Money, Retirement

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