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Need urgent help on this question. At age 65, Robert has 1) 900,527.30 in RRSP (Registered Retirement Savings Plan) 2) 1,378,534.43 in RPP (Registered Pension

Need urgent help on this question. image text in transcribed

At age 65, Robert has

1) 900,527.30 in RRSP (Registered Retirement Savings Plan)

2) 1,378,534.43 in RPP (Registered Pension Plan)

image text in transcribed

Additional information

image text in transcribed

How much gross income can Robert expect from his RRSP and RPP assuming he takes 8% from both plans? Assume that the funds are conservatively invested to earn 4% annual compound returns, show how long the funds will last using the RRIF w/d spreadsheet on D2L (4 marks)

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