I want to retire at the age of 65 as a goal

Stock Market as a Major Element of Retirement Planning

With an increasing life expectancy, it is no longer enough to state, “I want to retire at the age of 65 as a goal”. To faithfully execute a well-conceived plan, there is a need for a clear purpose and vision of life retirement. Along the way, the retirement goal becomes an investment depending on where an individual is in relation to the goal. However, there is a lack of trust in stock market participation because people fear being cheated or fear recent stock market volatility. This paper is an informational research report on why older workers and retirees should trust the stock market as a retirement plan. As shown below, through my knowledge and research, I will produce a report that answers my audience’s questions and achieves project 4.

Problem

One of the significant demographics of the beginning of this century is the aging of the United States population.The Baby Boomer generation is beginning to retire, andlife expectancies are increasing. Since 1926, there have been more of the “up” years in the stock market than the “down” years. The average gain during the up years was almost similar to the down years. Meaning that, as the stock market went up, an investor made more money than when the stock market went down. People who are currently in their 60s and 70s expect to live for two to three decades more. However, living two or more decades has its downside.  An investor will need to live through a few or more stock market crashes during their retirement years. Therefore they may want to protect themselves against stock market crashes even when they do not know it will happen. The problem is that nobody, not even the stock market experts, has demonstrated that they can predict future stock market crashes.  There are no reliable red warning lights to alert an investor that the stock market will crash. Similarly, an investor cannot see a reliable green light that the stock market is about to take off.

Solution

Historically, the worst decision that investors can make is selling stock investments during a stock market crash. Investors who do this find themselves locked up in losses. Furthermore, they miss out on when the stock market recovers. With my research paper I will educate my audience to limit their mistakes disregarding their financial situation. I will persuade my audience with significant amount of Information to trust In the stock market and where to invest to build for an easy retirement. This will involve history performance of the stock market and how it increases every other year. I will present ways to invest to make a portfolio recession-prone. I will also illustrate how the federal government encourages all American workers to invest in the stock market by granting tax breaks. Older workers and retirees should begin by developing retirement income sources that will not drop if the stock market crashes. My research paper will educate them on how to build a substantial amount of wealth for a laid-back retirement.

Audience

An audience consisting of subscribers of Investor’s Business Daily magazine in Florida will read this report.All audience members would be decision makers and implementers, however only Stock market experts and business degree majors would be advisors. Each audience group will have its own objective and form its own set of questions that will be answered within the report. The skeptical workers and retirees will be the first to read the report since they have trust issues with investing in the stock market. Followed by the stock market experts and educated subscribers dealing with the stock market In addition, the young generation will also be part of the audience. For the purpose to raise their awareness early in their careers to invest in the stock market to build a strong portfolio for their retirement.

The skeptical workers and retirees will be the first to read the report since they have trust issues with investing in the stock market. The questions that they may ask include, how does this information apply to us? How adequate is thisinformation? How to generate an consistent income from an inconsistent environment?

The younger generation and the stock market experts/enthusiasts will be the last to read the research paper. The young generation would read it and try avoid the the mistakes of the older and skeptical workers which was not investing in the stock market when they first graduated college and started working. The question that they may include, how would I invest my money? Which index best suits my personal income? Which bond benefits me the most?

Work Plan

With my related credentials and knowledge of the necessary resource, I prepared a plan to keep me confident and organized in each step of the research project, allowing me to write a convincing and robust report. To write this report, I need to disclose my credentials, enabling me to do so. I have taken different stock market courses going toward my certificate in Trading in Financial Markets. Moreover, the courses have helped me understand the importance of the stock market as a retirement plan. I am especially interested in improving the lives of older workers and retirees as they anticipate retirement. Articles from the journal of economic literature will be used to evaluate the effectiveness of the program. This range of resources will allow me to answer questions that the audience may have. The following work plan lists scheduled dates and other writing elements showing that the project will be manageable and achievable.

Conclusion

Millions of older workers are now approaching retirement and million of students just graduated college. Considerable evidence suggests that many of them lack stock market literacy, making them fear choosing the stock market as a retirement plan. People could make poor retirement decisions or limit their ability to achieve their desired level of well-being if they lack stock market literacy.  The program might help some if not all of the old workers and retirees make better choices. Assessment of the program could also encourage them to monitor and improve on their retirement plans. I anticipate that this memo has convinced you of my knowledge and ability to move forward with this topic. If you have any questions or comments, feel free to contact me. I welcome your feedback and suggestions as they will help me create successful formal support.