Current Attempt in Progress Maria, age 31, is thinking about investing for retirement. She plans to retire when she turns age 63. She will need $2.75 million in today's dollars in assets. If Maria has $687500 currently saved and can earn an annual average real rate of return of 4%, will she meet her retirement goal? O Yes, because her money will double every 18 years, which will generate an excess savings amount. O No, because her money will double every 18 years, leaving her short of her goal. O No, because after inflation it will take her 72 years to get to $1375000 in assets. O Yes, because the risks associated with earning 4% are very low, she can invest without worrying. Save for Later Attempts: 0 of 1 used Submit Answer

Maria, age 31, is thinking about investing for retirement. She plans to retire when she turns age 63. She will need $2.75million in today's dollars in assets. If Maria has $687500 currently saved and can earn an annual average real rate of return of 4%, will she meet her retirement goal