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John wants to retire at the age of 70 with $1750000 in the Bank at the time. She expects to live 25 years in retirement
John wants to retire at the age of 70 with $1750000 in the Bank at the time. She expects to live 25 years in retirement and leave no money to her rotten kids. During retirement, she believes she will be able to earn 5.5% on the money in her account .What amount can Allison withdraw from her account on the first of each month to accomplish these goals?
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