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Assume an individual retire's with a Portfolio of $1,000,000 and they follow the 4 % rule for withdrawing funds with an inflation adjustment expected to
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Assume an individual retire's with a Portfolio of $1,000,000 and they follow the 4 % rule for withdrawing funds with an inflation adjustment expected to average 3% per year. What average annual Rate of Return must they earn so that they do not run out of funds before the 30-year time horizon?
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