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Gerard has estimated that he will need enough money in his retirement fund to withdraw $75,000 per year starting on his 66th birthday and for

Gerard has estimated that he will need enough money in his retirement fund to withdraw $75,000 per year starting on his 66th birthday and for an additional 19 years thereafter. How much will Gerard need in his retirement account at age 65 if his fund is expected to earn a 9.5% annual return?


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