Week #3 – Excel and Retirement

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Presentation transcript:

Week #3 – Excel and Retirement Agenda: No Physical Class – Online Video and Assignments Excel Demo: Arduino DC Motor Control (delayed) Lab Assignment: Lab #2 – Excel Retirement Calculations

Resume Assignment Comments Resumes must be perfect and must look professional. Spell and especially grammar must be correct. Formatting & presentation must be good. Small fonts with a lot of white space is a wasted opportunity. Electronic copies must be on the S-Drive. My review was based on “general visual impact” and I did not provide deep comments on the wording and content (this is outside the scope of the course). Talk to me before class if want an in-depth review from me (or see the LAC for a review). Include the “buzz” words from the job ad.

Excel Topics Explained See the explanation videos located on my website. Cells Equations and Text entry Worksheet creation and naming Linking data to/from other worksheets Average() Function Graphing Data Entry – rapid duplication techniques

Retirement Basics In general, 401k retirement plans allow you to invest in mutual funds which consist of stocks and bonds. A 401K allows your contributions to grow without being taxed – but they will be taxed when you start taking your money out. In many cases, your employer will contribute about 3-6% if you contribute 3 to 6%, matching either 50 or 100% of your contributions. Your contributions are tax-free when you contribute but taxes are due when you use the money at retirement. If you don’t contribute, then neither does your employer!

Assignment Explanation Complete the assignment titled: Assignment_2_Excel Financial Calculations_FALL_19.doc Explanation Videos are on my website. Create and finish Tables 1, 2, and 3 Add at least one optional, either one of mine or you may make them up. Choose something interesting or related to yourself. The last page of the assignment is the grading checklist. Make sure your finished work agrees with it. The due date is Week#4, September 12. If you have questions, send me an email (but I will be unable to respond between 9/5 and 9/8. We can always work on it next week when we meet again.

The End Thank You !