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I plan to retire in 40 years and live 30 years after retiring. After retirement I want to be able to withdraw $30,000 each year.
I plan to retire in 40 years and live 30 years after retiring. After retirement I want to be able to withdraw $30,000 each year. The annual interest rate is 8%.How much do I need to save each year in the next 40 years? How would you do this on a BAII Plus Calculator?
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