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Alexander , a financial planner, has determined that George, his client, needs $1.85 million at age 68 to retire by using an annuity model based
Alexander , a financial planner, has determined that George, his client, needs $1.85 million at age 68 to retire by using an annuity model based on retirement income of $$125,168.85 per year until age 95. If the earnings rate was 7% and the inflation rate is 2% what additional amount would be needed at age 68 to provide a capital preservation model solution for George? Alexander , a financial planner, has determined that George, his client, needs $1.85 million at age 68 to retire by using an annuity model based on retirement income of $$125,168.85 per year until age 95. If the earnings rate was 7% and the inflation rate is 2% what additional amount would be needed at age 68 to provide a capital preservation model solution for George
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