week 4 Discussion

Your Initial Discussion response to the questions below is Due Thursday May 7:
In this discussion, you will have an opportunity to make connections between your prior knowledge and the new content you are learning this week. Use your results from this week’s “Build Your Proficiency” Diagnostic to provide context for your prior knowledge and consider the new content about paying for college, repaying student loans, and planning and saving for retirement as you respond to the discussion prompt. Also, review the iGrad resources for content about paying for college and repaying loans.
Enter your information into this online calculator to estimate how much money you might need in retirement (be sure to expand the “Investment returns” section to edit those fields as needed.

Respond to the following in a minimum of 250 words:
What did the results show you about your retirement?
What steps can you take to save and invest in your future now?
How might a college education affect your long-term financial plan? Consider future income and loan repayment in your response. Each reply should be a minimum of 120 words.