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13. You want to retire has a millionaire. How much do you need to put away each month if: A. You use common stocks and
13. You want to retire has a millionaire. How much do you need to put away each month if:
A. You use common stocks and have an average return of 10%?
B. You use corporate bonds and have an average return of 6%?
C. You use government bonds and have an average return of 4%?
D. You put your money in a CD at 2.5% interest rate? (Please use your own age. If you are over 45, please solve for saving a $100,000.) I'm 23!
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