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Kyle is 56 and would like to retire in 11 years. He would like to live the high life and would like to generate 90%

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Kyle is 56 and would like to retire in 11 years. He would like to live the "high" life and would like to generate 90% of his current income. He currently makes $150,000 and expects $24,000 (in today's dollars) in Social Security. Kyle is relatively conservative. He expects to make 8% on his investments, that inflation will be 4% and that he will live until 104. How much does Kyle to save each year to fund this goal? $170,879.40 $204.374.63 O $208,578.84 $200,853.69

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