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In how many years do you want to retire? 30 years starting now. Convert the amount you need in retirement assuming it is $90,000. into
In how many years do you want to retire? 30 years starting now.
Convert the amount you need in retirement assuming it is $90,000. into those years dollars assuming an annual inflation rate of 2.5%. That is, calculate the future value as of the retirement date. In retirement, you will receive fixed payments equal to this amount every year.
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