Recommending a personal retirement plan for a client

Question Details – Recommending a personal retirement plan for a client


In this assignment, you will recommend a personal retirement plan for a client that you identify. Support your recommendation to the client by explaining how the plan meets the client’s needs and mitigates risk. In addition to the required page total, include the required appendices. Required appendices may be tables, pie charts, and/or other appropriate figures.


This week, you continue in the role of retirement planner you took on for the Week 7 assignment. You will identify a client, create a retirement plan that meets that client’s needs, and recommend the plan to the client.


In a 5-6 page paper, complete the following:

  1. Identify a person, couple, or family for whom you are creating the plan. Describe the person, couple, or family (no name is required, but it can be you, someone else, or someone you imagine). Each of the following items is important because your recommendations must align with them:
    1. Include the factors that are important to know when developing a retirement plan (age, marital status, number of dependents, health, life expectancy, and other sources of income such as social security and pensions).
    2. Identify a desired age of retirement and retirement income (assume these were provided by the client).
    3. Describe the client’s personal risk tolerance (assume this information was provided by the client).
  2. Develop a personal retirement plan that identifies required savings before retirement and planned savings and withdrawals before and after retirement. Support your explanation of this plan with the following appendices:
    1. Annual and monthly savings before retirement (in addition to the required page total).
    2. Annual and monthly withdrawals after retirement (in addition to the required page total).
  3. Recommend asset allocations that mitigate risk based on the client’s profile, such as age, marital status, and personal risk tolerance, and based on the riskiness of the assets. Provide the following appendix to support the original and changing allocation of asset classes:
    1. Asset allocation over the life of the plan (in addition to the required page total).
  4. Use 5-6 sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation, access the library or review library guides.

This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is as follows:

  • Create investment recommendations based on research that includes the rationale and risk mitigation for the chosen stra

Question Guide (Order for Complete Paper)

In the endeavor to execute this task concerning the endorsement of an individual retirement strategy for a beneficiary, one must meticulously adhere to the ensuing directives and attend to the requisite constituents:

Client Identification and Profile (Approximately 1 page):

  • Identification of the client (authentic or fictional).
  • Presentation of the client’s demographic and financial details:
    • Chronological age
    • Marital alliance status
    • Quantity of dependents
    • Condition of health
    • Estimated longevity
    • Supplementary channels of revenue (such as social security or pensions)
  • Specification of the client’s desired age for retirement and the sought-after retirement income (if communicated by the client).
  • Explication of the client’s personal disposition toward risk (if conveyed by the client).

Retirement Plan Development (Approximately 1-2 pages):

  • Crafting an individualized retirement strategy that aligns harmoniously with the patron’s characteristics and aspirations.
  • Computation of the necessary accumulation of funds before retirement, contingent upon the client’s aspired retirement age and monetary requirements.
  • Delination of the projected saving and disbursement schedules prior to and subsequent to retirement.
  • Substantiation of the plan’s feasibility and appropriateness in consideration of the client’s distinct circumstances.

Appendices (Numerous pages, encompassing particular appendices as specified in the instructions):

  • Appendix 1: Annual and monthly reserves prior to retirement.
  • Appendix 2: Annual and monthly withdrawals post-retirement.
  • Appendix 3: Asset distribution over the course of the scheme. This should encompass:
    • Initial allocation of assets based on the client’s profile.
    • Adaptations in the allocation of assets over time (for instance, in correlation to the client’s aging or modifications in risk tolerance).
    • Validation of asset allocation decisions with strategies for the alleviation of risk.

Recommendation Rationale (Approximately 1-2 pages):

  • Delivery of a comprehensive rationale for the recommendations pertaining to the retirement plan.
  • Elucidation of the alignment of the plan with the requisites, aspirations, and risk tolerance of the client.
  • Examination of how the suggested allocations of assets serve to mitigate risk.

Source Citations:

  • Implementation of at least 5-6 reliable sources to buttress the recommendations.
  • Acknowledgment of each source within the composition.

Adherence to Strayer Writing Standards (SWS):

  • Assurance that the document adheres to the Strayer Writing Standards for citations and formatting.
  • Recollection to methodically structure the paper and offer lucid explications for the recommendations. Employ tables, charts, and figures in the appendices to visually bolster the retirement plan. Moreover, maintain a tone of professionalism across the entirety of the manuscript.
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