C464 Task 1 - Do not copy PDF

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This is for Task 1 C464. It is not complete....

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C464 Task 1 Presentation Plan

Requirements

Outline

Intended Audience Identify your audience for the speech. Be as specific as possible (include demographics if applicable).

My intended audience for this presentation is young adults between the ages of 18 & 23 years old who come from a low-income family and have little understanding of investing and budgeting and how changes will affect their future.

Importance Statement Explain why your topic is important for the target audience.

As low-income families and the middle class are currently feeling the affects of the Coronavirus, learning the importance of budgeting and investing has been a very essential topic.

INTRODUCTION Requirements

Outline

Attention-getting Opening Grab your audience’s attention with an interesting statistic, fact, compelling question, or story.

Would you like to retire as a millionaire? What If I told you it will only cost you less than $300 a month, would you do it?

Thesis Statement Identify claim and main points in one sentence. We recommend this format:

Research shows the median American will retire below the poverty line because lack of investing and the change in retirement income expectancy.

Research suggests that (major claim) because (main point 1) and (main point 2). Preview of Main Points 1. The median American will retire below the poverty line because they did not invest enough in their earlier years. 2. How changes in retirement income expectancy has changed over the years due to corporate changes, laws and longer life expectancy.

1. List the first main point from the thesis 2. List the second main point from the thesis *Use highlights for guidance, feel free to remove after

BODY Requirements Main Point #1

Outline First, we will discuss why the median American will retire below the poverty line and how investing early will help you achieve becoming a millionaire.

One subpoint MUST have supporting evidence (shown via an in-text citation). Please refer to the example for how to do intext citations. Add as many subpoints as needed. We recommend three.

a. “Workers in their Sixties and older have saved $172,000 (estimated median)” (Collison, 2015). b. “Experts consider the 4% withdrawal rate to be safe, as the withdrawals will consist primarily of interest and dividends.” (Kagan, 2019) If you withdraw 4% annual from $172,000 that totals $6,880 or $573.33 monthly. c. The poverty threshold for a single individual aged 65 and older is $12,261 Annually (U.S. Census Bureau, 2019) d. “the longer you wait to plan and save for retirement, the more you'll need to invest each month.” (Richmond, 2019) e. If you contribute $264 monthly for 45 years at a 7% interest rate you can expect to have $1,001,244.99

(U.S. Securities and Exchange Commission, 2020)

Main Point #2 One subpoint MUST have supporting evidence (shown via an in-text citation). Please refer to the example for how to do intext citations. Add as many subpoints as needed. We recommend three.

Mark your plan to show your visual aid (it must be shown within either main point 1 or 2).

The change in retirement income expectancy has changed over the years due to corporate changes, laws and longer life expectancy. a. “In 1970, we could be expected to live to be about 74 years old. In contrast, in 2012, life expectancy was up to nearly 80 years old.2 While six years doesn’t seem like a long time, it means that the money we were setting aside for our retirement has to last six more years.” (Gold, 2016) b. Pensions have been replaced with 401ks and IRAs with the responsibility put on the individual and no longer the employer. “a 401(k), “you own the risk.” If you don’t manage it appropriately, it might not last you through retirement. “(Gold, 2016)

Copy and paste your visual aid where you plan to support one of the main points. Add (Author, Date) underneath. Your visual aid needs to be something meaningful that helps your audience learn about or better understand what you are saying. If your visual aid doesn’t fit, please paste it underneath the template. Don’t forget to add your in-text citation underneath it.

c. “Per the 2019 report: "A Summary of the 2019 Annual Reports," trustees wrote that "both Social Security and Medicare face long-term financing shortfalls under currently scheduled benefits and financing."” (Kagan, 2019) d. “By 2020, Social Security's program costs will exceed its income, at which point the program will have to start dipping into its nearly $3 trillion trust fund. “(Kagan, 2019) The OASI trust fund expects to be depleted by 2035 and DI trust fun by 2052.

CONCLUSION Requirements

Outline

Restatement of Thesis To tie the speech together, restate the thesis from the introduction.

Research shows the median American will retire below the poverty line because lack of investing and the change in retirement income expectancy.

Summary of Main Points

During the presentation I will discuss the following points:

1. Summarize the first main point from the thesis statement. 2. Summarize the second main point from the thesis statement.

Closing Comments End with a call to action, important point, or story to make your topic memorable for the audience.

1. The median American will retire below the poverty line because they did not invest enough in their earlier years. 2. How changes in retirement income expectancy has changed over the years due to corporate changes, laws and longer life expectancy.

Start saving and investing early and reap the benefits of retiring with little financial worry in the future.

FULL REFERENCES Requirements Provide a reference list that includes the author, date of publication, title, and location of information (e.g., publisher, journal, website URL) for each source. APA citation style is strongly encouraged.

If there is no author: Use the organization’s name as the author.

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