FIN.422_Week_1_Paper_.docx FIN/422 Week 1 - Financial and Retirement Calculators Univer

FIN.422_Week_1_Paper_.docx  FIN/422  Week 1 - Financial and Retirement Calculators  University of Phoenix  FIN/422  Title of Week 1 - Financial and Retirement Calculators  As someone who is 38 years old and has no retirement set aside, who also does not own their own home, there is a large number of items that will need to be done to retire with over what is collected from social security, if it is still around by then. With being married it does help to have an additional income, having a plan to buy a home with land and placing a couple of rental houses on it, to have some additional income, the calculators that will need to be used in this example would be the What will it take to save for a vehicle, home, etc.? When should I begin saving?, and the retirement calculator.  Calculators used  According to Vandermus, 2021, the calculator titled What will it take to save for a vehicle, home, etc.?, there is a great deal that will need to be saved for buying the house and property. Estimating would have to be two hundred thousand dollars saved with-in a time limit of sixty months, there would be no way to save that amount in the current financial situation. There is one thousand dollars currently saved, and there will be able to have one thousand dollars saved a month, with a annual return of one percent, the total that could be saved is sixty two thousand dollars. The plan would be to put that amount as a down payment to the bank for the purchase of the land and homes.  According to Vandermus, 2021, the c