Personal finance week 7 assignment

You will continue your financial plan based on the following prompts:

Retirement Planning:

1. How much savings do you need to support yourself during retirement?
2. How much will you contribute to your retirement? Into what type of plan(s) will you contribute?
3. What are the present-day tax savings from your retirement planning?

Estate Planning:

1. Will you create a will on your own or with an attorney’s assistance? What special stipulations (for
an heir, executor, or donations to charity) will you include?
2. Do you need to establish trusts or gifts to reduce your estate’s tax liability?
3. Will you assign power of attorney and/or durable power of attorney?

I have attached my financial plan that I add to every week please use it.

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