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Assuming an inflation rate of 2% p.a. and a retirement age 65. Calculate whether theyll have enough money to fully fund their retirement spending of
Assuming an inflation rate of 2% p.a. and a retirement age 65. Calculate whether theyll have enough money to fully fund their retirement spending of $100,000 in current (real) dollars.
- Lauren's age: 28
- Bob's age: 29
- Show your work.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
