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Complete the following capital needs analysis using the annuity method and upload your work here to earn 5 points of extra credit! Jada is 55
Complete the following capital needs analysis using the annuity method and upload your work here to earn 5 points of extra credit! Jada is 55 years old and is wants to plan for her retirement. She wants to know how much she should have accumulated by the time she wants to retire, assuming: 1. She earns $100,000 2. She wants to assume a 70\% WRR with $20,000 of Social Security at age 65 3.Retirement begins in 10 years 4. Retirement will last 30 years 5.lnvestment returns of 8% 6.Inflation of 3% 7.She wants to leave a bequest of $1 million (future dollars) to her favorite charity upon death
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