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= (Click the icon to view Present Value of $1 table.) ( Click the icon to view Present Value of Ordinary Annuity of $1 table.)
= (Click the icon to view Present Value of $1 table.) ( Click the icon to view Present Value of Ordinary Annuity of $1 table.) \# (Click the icon to view Future Value of $1 table.) '(Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements. To make the plan work, you must accumulate this amount by retirement Requirement 2. How does this amount compare to the total amount you will withdraw from the investment during retirement? How can these numbers be so different? Over the course of your retirement you will be withdrawing However, by age 40 you only need to have invested Requirements 1. How much money must you accumulate by retirement to make your plan work? (Hint. Find the present value of the $230,000 withdrawals.) 2. How does this amount compare to the total amount you will withdraw from the investment during retirement? How can these numbers be so different? Reference X poper Reference = (Click the icon to view Present Value of $1 table.) ( Click the icon to view Present Value of Ordinary Annuity of $1 table.) \# (Click the icon to view Future Value of $1 table.) '(Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements. To make the plan work, you must accumulate this amount by retirement Requirement 2. How does this amount compare to the total amount you will withdraw from the investment during retirement? How can these numbers be so different? Over the course of your retirement you will be withdrawing However, by age 40 you only need to have invested Requirements 1. How much money must you accumulate by retirement to make your plan work? (Hint. Find the present value of the $230,000 withdrawals.) 2. How does this amount compare to the total amount you will withdraw from the investment during retirement? How can these numbers be so different
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