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How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $42,000 a year for 25 years?

How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $42,000 a year for 25 years? She expects to earn an average rate of return of 9.55 percent.

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$394,819.18

$407,419.81

$385,160.98

$390,202.69

$388,683.83

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