After saving diligently throughout your entire career, you and your spouse are finally ready to retire with

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After saving diligently throughout your entire career, you and your spouse are finally ready to retire with a nest egg of \($800,000\). You need to invest this money in a mix of stocks and bonds that will allow you to withdraw \($6,000\) per month for 30 years. What interest rate do you need to earn?

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M Finance

ISBN: 9781266827877

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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