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How much money can you withdraw each month during retirement if you deposit $500 per month for 40 years and you want to have $1,500,000
How much money can you withdraw each month during retirement if you deposit $500 per month for 40 years and you want to have $1,500,000 left over to leave to your grandkids after 25 years of retirement? Assume you will earn 9% while you are working and 6% after you retire.
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