Nice idea team A, I think this is a very interesting problem that you can investigate.
I imagine that you will test out a few existing financial models which do this task. Have you looked into these models yet? How are you going to assess the validity of the model output? evaluate which option is the most suitable one?
So it will be a tool that you input some information and it will return you a detailed plan on how you should save your money?
Additionally, I am just wondering if there is any existing solution that specifically caters Vietnamese? I think if you fine-tune the model and make it applicable to Vietnamese market, your solution will be a unique one (then you might need to read up on BHXH Vietnam, interest rate in vietnam, etc...)
One thing I want to add is that it'd be better if you have a detailed plan on work assignment amongst your team member --> It will ensure that everyone will be happy with his workload and others' workload.
Thank you for the feedback and queries! Here's our approach:
Existing Financial Models: We are reviewing several models for retirement planning and will benchmark these against our proposed features to ensure our tool offers unique advantages.
Model Validity: We'll validate model outputs using historical data and cross-reference them with standard financial planning metrics to assess accuracy.
Tool Functionality: Yes, the tool will allow users to input their financial data and generate a detailed, personalized retirement savings plan.
Adaptation for the Vietnamese Market: We're exploring the possibility of tailoring our model to meet specific Vietnamese financial conditions, including BHXH regulations and local interest rates.
Team Workload Management: We have a detailed work assignment plan to distribute tasks evenly among team members, ensuring efficiency and satisfaction across the team.
Nice idea team A, I think this is a very interesting problem that you can investigate.
I imagine that you will test out a few existing financial models which do this task. Have you looked into these models yet? How are you going to assess the validity of the model output? evaluate which option is the most suitable one?
So it will be a tool that you input some information and it will return you a detailed plan on how you should save your money?
Additionally, I am just wondering if there is any existing solution that specifically caters Vietnamese? I think if you fine-tune the model and make it applicable to Vietnamese market, your solution will be a unique one (then you might need to read up on BHXH Vietnam, interest rate in vietnam, etc...)
One thing I want to add is that it'd be better if you have a detailed plan on work assignment amongst your team member --> It will ensure that everyone will be happy with his workload and others' workload.