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Personal Investing Options

Explore two scenarios for a recent graduate working as an Electrical Engineer: taking a job with a high salary or a job that offers benefits. Compare the financial implications, including health care costs, salary increases, inflation, and perks. Make an informed decision for your future.

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Personal Investing Options

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  1. Personal Investing Options Team 8 Oliver Ambrosia Charuka Wijesekera Quang Nyugen Brook Yared

  2. Two Scenarios • Taking a job with a high salary VS. • Taking a job that offers benefits Comparison done over a 5 year time period

  3. Scenario #1: High Salary • Recent Graduate of Cal Poly Pomona • Age of Graduation: 23 • Job: Electrical Engineer • Starting Salary: $75,000 • Kaiser Permanente HMO: • $50/visit • $131/month • Estimated Private Health Care Cost Increase/Year: 1.5% • 401K investment before taxes: 8% • Estimated Salary Increase/Year: 5 • Estimated Inflation Increase/Year: 3%

  4. Scenario #2: Benefit Package • Recent Graduate of Cal Poly Pomona • Age of Graduation: 23 • Job: Electrical Engineer • Starting Salary: $60,000 • Estimated Salary Increase/Year: 5% • Estimated Inflation Increase/Year: 3% • Benefit package: • Full Health, Dental, Vision - $59.88/month • 401K matching: 4% of salary (before taxes)

  5. Perks V. CashIt’s a tough decision to make…Which would you choose?

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