This guide is for BUSI 688 Week 8 Comprehensive Retirement Plan Analysis, start to submission. A comprehensive retirement plan for the textbook's Mike and Maria Roman case, built with the financial planning software.
BUSI 688 is Retirement Planning, 3 credit hours, in Liberty University's MBA. Canvas and the course guide file print the code as BUSI688; it is the same course.
| Course | BUSI 688 Retirement Planning |
|---|---|
| Module/Week | 8 |
| Points | 150 points |
| Length | Set in the plan instructions |
| Sources | The Roman case, the planning software and Dalton and Dalton |
| Faith integration | Not required by the guide |
| Format | As instructed, using the financial planning software |
What BUSI 688 Week 8 Comprehensive Retirement Plan Analysis asks for
Using the case study information and the financial planning software, you complete the Comprehensive Retirement Plan for the Mike and Maria Roman case from the textbook. It is due in Module/Week 8; the final week ends Friday at 11:59 p.m. (ET). Worth 150 points.
Where it fits in BUSI 688
In the published schedule, Comprehensive Retirement Plan Analysis is one of 15 graded written assignments in BUSI 688. It follows Week 7 End-of-Chapter Discussion Questions 7 and comes before Week 8 Comprehensive Retirement Plan Presentation. The same week also has Comprehensive Retirement Plan Presentation, so plan the week's writing together.
How BUSI 688 Week 8 Comprehensive Retirement Plan Analysis is graded
Liberty grades Comprehensive Retirement Plan Analysis with the rubric attached to the assignment in Canvas, worth 150 points in the published guide. That is about 15% of the course's 1,010 points. Read the rubric first. Each row is a criterion, and the wording of the highest column is the closest thing you have to a model answer.
Course grades in BUSI 688 use Liberty's point scale: an A is 940 to 1010 points of the course total. Missing the length or source minimum usually costs points on several rows at once, which is why the checklist below starts with them.
Timing in the published guide: Each course module/week begins on Monday morning at 12:00 a.m. (ET) and ends on Sunday night at 11:59 p.m. (ET). The final module/week ends at 11:59 p.m. (ET) on Friday. Check the due dates in your Canvas section, which govern.
The BUSI 688 Week 8 method, step by step
Start from the need
Define the need the Comprehensive Retirement Plan Analysis answers: who it is for, what gap exists, and how you know. A plan without an assessed need has nothing to measure against.
Write measurable objectives
Write objectives that name the audience, the behavior or outcome, the level and the time frame.
Choose methods that fit the objectives
Match each objective to a method and justify the match with evidence (The Roman case, the planning software and Dalton and Dalton).
Plan the resources and timeline
Show the sequence and the resources. A realistic timeline makes the plan credible.
Plan the evaluation
Say how you will know the plan worked: the measure, the data source and the time point for each objective.
Format and length
Use the template or headings the guide gives and stay within Set in the plan instructions, in current APA.
Enter the case data into the software carefully and check the outputs against the case facts. Explain every software result in plain words and connect each recommendation to a goal. Rerun the projection with your recommendations to show the effect.
A structure for BUSI 688 Week 8 Comprehensive Retirement Plan Analysis
Word targets are planning numbers for about 1,600 words of body text, set by the length in the guide; the rubric decides where to spend more.
| Section | What it must do | Target |
|---|---|---|
| Client profile and goals | Facts, goals and assumptions. | ~190 words |
| Current position | Statements and savings. | ~220 words |
| Retirement needs analysis | Income need, sources and gap. | ~480 words |
| Recommendations | Savings, plans, Social Security, insurance. | ~480 words |
| Implementation | Prioritized steps and monitoring. | ~220 words |
A topic angle that works
Work through the case as a planner would: set assumptions (inflation, returns, life expectancy), calculate the retirement income need, project income sources (Social Security, plans, savings), find the gap and recommend how to close it, including plan contributions, investment allocation, Social Security claiming and insurance.
Model paragraph with notes
An original paragraph written by our desk to show the register that earns full rubric credit. It is study material: learn the moves, then write your own.
The Romans want to retire at 62 with $90,000 a year at current prices. Social Security, claimed at full retirement age, and Mike's pension will provide about $48,000, leaving a $42,000 annual gap. With current savings and contributions, the software projects their assets will run out at age 84. Raising combined 401(k) contributions by $8,000 a year and delaying Mike's Social Security to 70 extends assets past age 95.
- The gap.
- The projection.
- The fix and result.
Mistakes that cost points on BUSI 688 Week 8
- Software output without explanation.
- Unstated assumptions.
- Recommendations not rerun.
Checklist before you submit
- Length: Set in the plan instructions
- Sources: The Roman case, the planning software and Dalton and Dalton
- Each objective is measurable and has an evaluation measure
- Required template or headings used
- Each rubric row read against the section that answers it
Questions students ask
Which case does the BUSI 688 plan use?
The Mike and Maria Roman case from the textbook, analyzed with the financial planning software.
How many points is BUSI 688 Week 8 Comprehensive Retirement Plan Analysis worth?
150 points in Liberty's published course guide for BUSI 688, out of a course total of 1,010 points (about 15% of the grade). The rubric attached to the assignment in Canvas shows how those points are divided.
Is BUSI 688 Week 8 the same in every section of BUSI 688?
This guide follows Liberty's published course guide for BUSI 688. Liberty notes that course content can change from term to term, so if your Canvas section shows different instructions, a different week or different points, follow Canvas and your instructor.
Want a tutor to look at your draft?
Send the instructions and what you have so far. A Liberty tutor replies with what to fix first, usually within the hour.