Then when boxes comepted- generate a 1/2 to 3/4 summary of a page on What was your final yearly balance after all calculations were completed (Part G, row I). Whether you had a negative or positive balance, explain why you think you ended up with that number. Discuss some financial habits or lifestyle changes that you plan to make to improve financial wellness across your lifespan. Include different scenarios or thoughts regarding what could affect your financial future (e.g., marriage, desired career, spouse’s career, where you might live, costs of children, etc.). Address the mortgage-rate information and debt reduction findings; what was interesting in exploring differences in repayment plans?
Discuss the differences in the three examples of the retirement calculator. For example, discuss what life events could change the age at which you retire (health issues, divorce, etc.) or why you would only be able to save 5% of your annual income instead of 10%. Add any additional insight.
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