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At age 30 you start working for yourself and must manage your own retirement income. You figure that you will work for another 35 years
At age 30 you start working for yourself and must manage your own retirement income. You figure that you will work for another 35 years at which time you would like to buy an annuity that will pay you $5000 per month for 20 years. How much should you be putting away each month if you have an investment vehicle that guarantees an annual yield of 5.5% compounded monthly
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