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1) If you save $1580 per year for 29 years and earn a rate of 4%, what would your ending wealth be? 2) You plan

1) If you save $1580 per year for 29 years and earn a rate of 4%, what would your ending wealth be?

2) You plan to withdraw $26037 per year in retirement. You anticipate living a maximum of 32 years. If you earn 4% on your portfolio, how much do you need to have saved up be the time you retire.

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