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I n the last quiz, w e found that Alexander needed $ 5 , 9 3 1 , 4 3 2 . 0 3 o

In the last quiz, we found that Alexander needed $5,931,432.03on hand to begin retirement.
Alexander is22, expects to retire at age 68, and end retirement at age 100. The anticipated annual investment return is12% and the anticipated annual inflation rate is5%, making the real annual rate of return an anticipated 6.6667%.
Using the capital preservation approach, how much more money will Alexander need to begin retirement?

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