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Marco is 4 0 years old and plans to retire at age 6 5 . He wants you to assume he will be retired for
Marco is years old and plans to retire at age He wants you to assume he will be retired for years before he dies. Assume Marco needs $ at the beginning of the first year of retirement. Use an investment return of percent and an inflation assumption of percent. What amount of money will he need to have saved at the beginning of retirement? Round any interest rate calculations to decimal places eg for and round the final answer to decimal places
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