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Marla is planning for her retirement. She is currently 3 7 years old and plans to retire at age 6 2 and live until age
Marla is planning for her retirement. She is currently years old and plans to retire at age and live until age She currently earns $ per year and anticipates needing of her income during retirement. Marla anticipates Social Security will provide her with $ per year at age leaving her with required savings to provide $$ x $ annually during retirement. She believes she can earn on her investments and inflation will be per year. How much must Marla save at the end of each year, if she wants to make her last savings payment at age to meet her retirement goal?Marla is planning for her retirement. She is currently years old and plans to retire at age and live until age She currently earns $ per year and anticipates needing of her income during retirement. Marla anticipates Social Security will provide her with $ per year at age leaving her with required savings to provide $$ x $ annually during retirement. She believes she can earn on her investments and inflation will be per year. How much must Marla save at the end of each year, if she wants to make her last savings payment at age to meet her retirement goal?
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