2. Using the Personal Financial Planner Sheet 63, Retirement Planning, evaluate Jamie Lee and Rosss housing // Starting Amount of Nest Egg 10 Years 15
2. Using the Personal Financial Planner Sheet 63, Retirement Planning, evaluate Jamie Lee and Rosss housingĀ
// Starting Amount of Nest Egg 10 Years 15 Years 20 Years $10,000 $ 107 $ 81 $ 68 15,000 161 121 102 622 PART 6 CONTROLLING YOUR FINANCIAL FUTURE EXHIBIT 18-16 Dipping into your nest egg Dipping into savings isn't wrong; however, you must do so with caution. You Can Reduce Your Nest Egg to Zero by Withdrawing This Much Each Month for the Stated Number of Years Or You Can Withdraw This Much Each Month and Leave Your Nest Egg Intact $ 46 69 25 Years 30 Years $ 61 $ 56 91 84 20,000 215 162 136 121 112 92 25,000 269 202 170 152 140 115 30,000 322 243 204 182 168 138 40,000 430 323 272 243 224 184 50,000 537 404 340 304 281 230 60,000 645 485 408 364 337 276 80,000 859 647 544 486 449 368 100,000 1,074 808 680 607 561 460 Note: Based on an interest rate of 5.5 percent per year, compounded quarterly Source Select Committee on Aging, U.S. House of Representatives. EXHIBIT 18-17 Major sources of retirement income: Advantages and disadvantages The income andads pasi
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