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Personal Investing Options. Techy1: Sean Husband Techy2: Soe Fong Organizer1: Hochan Chung Organizer2: Albert Tampi Summarizer: Charlie Benjauthrit . Two Scenarios . Straight to the work force VS. Graduate School Comparison done over a 10 year cycle.
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Personal Investing Options Techy1: Sean Husband Techy2: Soe Fong Organizer1: Hochan Chung Organizer2: Albert Tampi Summarizer: Charlie Benjauthrit
Two Scenarios • Straight to the work force VS. • Graduate School Comparison done over a 10 year cycle
Work Force • Recent Graduate of Cal Poly Pomona • Age of Graduation: 23 • Job: Electrical Engineer • Starting Salary: $55,000 • Estimated Salary Increase Per Year: 5% Assuming undergraduate school is paid off
Graduate school • Two years of graduate school • $2600 per quarter totaling $15,600 • Age of Graduation: 25 • Job: Electrical Engineer • Starting Salary: $63,552 • Estimated Salary Increase Per Year: 7% Assuming undergraduate school is paid off
Savings • 401k – 16% of base salary (pre-tax) • Rate of return- 6% For both cases
Which Scenario do you think would produce the best outcome???