I expect to earn 10 percent per year on my retirement investments. At the end of each

Question:

I expect to earn 10 percent per year on my retirement investments. At the end of each of the next 40 years, I want to put the same amount of money in my retirement portfolio. How much money do I need to put in each year if I want to have $2 million in my account when I retire?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: