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If you expect to retire in 40 years, you are currently comfortable living on $100,000 per year and expect inflation to average 5% over the
If you expect to retire in 40 years, you are currently comfortable living on $100,000 per year and expect inflation to average 5% over the next 40 years, what amount of annual income will you need to live at the same comfort level in 40 years? (based on compound interest)
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