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Consider that you are 3 5 years old and have just changed to a new job. You have $ 8 3 , 0 0 0

Consider that you are 35 years old and have just changed to a new job. You have $83,000 in the retirement plan from your former employer. You can roll that money into the retirement plan of the new employer. You will also contribute $3,900 each year into your new employers plan.
If the rolled-over money and the new contributions both earn a 7 percent return, how much should you expect to have when you retire in 30 years?

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Heres how to calculate how much you can expect to have when you retire 1 Future Value of Rolledover Money We can use the Future Value FV formula to ca... blur-text-image

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