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Lisa is 5 8 years old and would like to retire at the age of 6 3 . Based on her retirement plan, she assumes
Lisa is years old and would like to retire at the age of Based on her retirement plan, she assumes she will have $ million in her account at that time, which will earn interest at a rate of anhually. To supplement her monthly pension and social security checks, she plans to withdraw $ every month from her plan. How long will her last from the date of her retirement, if her assumptions are all correct? Round to the nearest year
None of these are correct
Her fund will last years.
Her fund will last years.
Her fund will last forever and never run out of money
Her fund will last years.
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