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Bob will retire in 40 years. His retirement goal is $1,000,000. He opened a Fdelity IRA account and plans to invest in an SP500
Bob will retire in 40 years. His retirement goal is $1,000,000. He opened a Fdelity IRA account and plans to invest in an SP500 index. The SP500 has an expected return of 11.4%. How much should he invest today to meet his goal?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
