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Assume that you will retire in 3 0 years. You plan to be retired for a total of 3 0 years. You wish to withdraw
Assume that you will retire in years. You plan to be retired for a total of years. You wish to withdraw theequivalent of $ per year in today's dollars from your retirement fund each year that you are retired assumethat there will not be any adjustments for inflation during your retirement You will withdraw the same dollaramount every year that you are retired The expected inflation rate for the next years is You can earn on your investments prior to retirement and you plan to earn on your investments during retirement. Howmuch do you need to invest each month beginning right now in order to be able to afford to retire?
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