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Jack is 40 Has income of 120k Calculates a war of 66.67% (Use 2/3rds) Plans on retiring at 65 Expects to live to 85 Has
Jack is 40 Has income of 120k Calculates a war of 66.67% (Use 2/3rds) Plans on retiring at 65 Expects to live to 85 Has 50k in current savings Invests 100% in the stock market Once retired plans on investing 50% stocks and 50% bonds C) Retirement Jack 1) How much savings should Jack have left when 70 ? 2) How much savings should Jack have left when 75 ? 3) How much Savings should Jack have left when 80 ? Jack is 40 Has income of 120k Calculates a war of 66.67% (Use 2/3rds) Plans on retiring at 65 Expects to live to 85 Has 50k in current savings Invests 100% in the stock market Once retired plans on investing 50% stocks and 50% bonds C) Retirement Jack 1) How much savings should Jack have left when 70 ? 2) How much savings should Jack have left when 75 ? 3) How much Savings should Jack have left when 80
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