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1. How much must you have in your investment account when you retire if you want to be able to withdraw $100,000 per year for
1. How much must you have in your investment account when you retire if you want to be able to withdraw $100,000 per year for 20 years at the beginning of each year and you plan to have your money invested mostly in the stock market earning 10 percent per year?
2. How much must you invest at the end of each year for the next 35 years while you are working to accumulate the amount needed in question 1? Assume the same rate of return
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