Lesson 17: Who Wants to be a Millionaire Locked after Friday, April 26, 2019 11:59 PM EDT. Must post first While the ability to become a millionaire may seem far-fetched it is possible to get there if you create a plan from an early enough age. Using the Savings Plan Formula, find a strategy to become a millionaire assuming you are making monthly payments towards saving for your retirement. In order to receive full credit for this assignment, you must complete the following tasks 1. Provide us with the number of years until you expect to retire along with the annual interest rate you are expecting to receive during those years (from a historical perspective the S&P 500 has a historical annual rate of return around 7%). 2. Given the aforementioned information, determine the monthly payment you will need to make in order to become a millionaire by your target retirement date. Discussion post instructions: Complete your posts and response to at least two classmates. Complete original post and peer responses within the discussion time frame and on different days in the week. This allows you and your peers to have a continuation of discussion. -Write posts that are of sufficient length, relevant and reflect your deep understanding. Please include a question to encourage other students for further discussion. -Posts should be encouraging and respective with proper grammar usage You must start a thread before you can read and reply to other threads MacBook Air F3 F4 FS F1