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A retiree wants level consumption in real terms over a 25-year retirement. If the inflation rate equals the interest rate she earns on her $377,500

A retiree wants level consumption in real terms over a 25-year retirement. If the inflation rate equals the interest rate she earns on her $377,500 of savings, how much can she spend in real terms each year over the rest of her life?

Available real annual spending

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