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A family friend has recently retired at age 6 5 with 2 . 5 million dollars in their retirement account. They expect to earn a

A family friend has recently retired at age 65 with 2.5 million dollars in their retirement account.
They expect to earn a 5.5% return on their savings going forward. How much can they withdraw from
their account each year if they want to ensure they never run out of money?

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