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Personal Statement For A Business Advisor At Edwards Jones

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Introduction The most impactful thing I learned throughout my short career in dealing with finance, is the importance of saving your money that you work hard for, investing the money, and having the money in turn work for you. I have chose to begin investing early because being smart with my money long term is crucial for me to being able to accomplish my financial goals. I will be pursing a career in corporate finance, and my hope is to one-day work for a company that provides me with an opportunity to achieve my long-term goals in life. On top of the opportunity, I want my company to also provide the benefits of assisting with my investment goals as well. Unlike many college students my age, I have already begun my investing through …show more content…

In order to start saving for retirement it is crucial to have a reliable source of income for the future. As I look forward, I currently have an internship at Steelcase Inc, so for the purpose of the calculations I will be using the salary of a full-time Finance Manager at Steelcase. According to Glassdoor.com, the median salary for a Steelcase Financial Manager is $99,000 a year. Of course I realize that I wont be making that kind of money initially right out of college, but I believe that 10-15 years down the road I will hopefully one day be a Financial Director making about 150,000 dollars per year, so in order to even out the calculations I will use what I hope to be my average salary throughout my career. I expect to get a job right after college and work until I am 60, so approximately 40 years. Other things to consider for calculations ahead I will be using a standard 3% inflation rate. After 40 years, making $99,000 annual salary at 3% inflation rate, the value of my salary would be $322,941 per year. When I retire, I am going to want to live a decently expensive retirement lifestyle. For example, I plan on being able to be apart of a country club so I can golf almost everyday, as well as, be able to travel when ever I have the chance. In order for me to be able to do this I will have to spend about 75-80% of my current salary every year

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