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12Inputs 3 Age now: 4 Age at retirement: 5 Age want to receive retirement income until: 6 Investment rate: 7 Inflation Rate: 8 Current year's

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12Inputs 3 Age now: 4 Age at retirement: 5 Age want to receive retirement income until: 6 Investment rate: 7 Inflation Rate: 8 Current year's salary: 9 Amount you have saved for retirement: 10 Amount you want to leave to heirs: 11 12 13 14 15 16 3. Now do the same calculation as part 2, but include the amount you decided to leave to your heirs above. 4. Using your answer to part 3, find the equal annual amount you would need to save every year from the age you input as now until the date you retire to reach the amount in answer 3 , use the investment rate you chose above. 5. Now let's assume you are 10 years into saving for your retirement, so 10 years older than what you chose as your age now and assume you earned 2% less than expected on your investments and you ended up putting away oniy hatr as much as you assumed above. Now calculate the equal annual amount you would need to save every year to stilf save to the amount in part 3, assuming you can now earn the assumed investment rate. 6. Assume that the amount you calculate in part 5 is too much for you to possibly save, suggests so ethical options

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