Question
An individual wants to have $95,000 per year to live on when she retires in 30 years. The individual is planning on living for 20
An individual wants to have $95,000 per year to live on when she retires in 30 years. The individual is planning on living for 20 years after retirement. If the investor can earn 6% during her retirement years and 10% during her working years, how much should she be saving during her working life? (Hint: Treat all calculations as annuities.)
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
