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For 34 years, John wants to spend at least 1300 a month. Let's assume that there is 33 years until his retirement and he is
For 34 years, John wants to spend at least 1300 a month. Let's assume that there is 33 years until his retirement and he is able to earn annually 7.4% inflation adjusted return for the whole period. How much should John save each month until retirement to fulfil his spending goal during his retirement?
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