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1.) Over your future investing and retired life, assume you earn 8.2 percent and that inflation will be 1.9 percent. You save a separate $8,000
1.) Over your future investing and retired life, assume you earn 8.2 percent and that inflation will be 1.9 percent. You save a separate $8,000 per year for the next 46 years. What is this worth in today's dollars, at retirement?
2.) Over your future investing and retired life, assume you earn 5 percent and that inflation will be 1.8 percent. You have 5,800 in your Roth IRA. What is this worth, in today's dollars in 45 years?
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