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4. Suppose that the Mayfields decide to retire at age 60. How much do they need in assets at that time to fund income
4. Suppose that the Mayfields decide to retire at age 60. How much do they need in assets at that time to fund income needs from ages 60-62, assuming that they still want $90,000 (in today's dollars) in annual income starting on their first day of retirement? 114.000
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