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on 13 saved You plan on having a nest egg of $2.8 million when you retire and believe that you will need to have a

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on 13 saved You plan on having a nest egg of $2.8 million when you retire and believe that you will need to have a monthly income of $15,000 a month to cover all of your expenses for the 30 years you plan to be retired. You have decided that you would not like to burden your heirs with any inheritance, so you plan spending your entire nest egg. You will need to reallocate your nest egg into a more conservative investment portfolio. What is the annual rate you will need to receive on your nest egg? out of 1.00 ag question Select one a. Less than 2.5% b. Between 2.5% and 3.5% c. Between 3.5% and 4.5% d. Between 4.5% and 5.5% e. Greater than 5.5% Previous pane Next 6:01 PM

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