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Based on their projections of investment growth, they expect to have $ 1 , 3 7 7 , 4 0 0 in liquid assets at

Based on their projections of investment growth, they expect to have $

1, 377, 400

in liquid assets at the start of their retirement. They expect to enjoy retirement for

30

years.

How much can Jamie Lee and Ross withdraw each month and still leave their nest egg intact?

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