Problem 18-11 Dipping into Your Nest Egg [LO18-6] You have $25.000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly. How many dollars in withdrawals per month would reduce this nest egg to zero in 30 years? (Use Exhibi 1816 ) Exhibit 1816 Dipping into your nest egg Dipping into savings isn't wrong, however, you must do so with caution Note: Based on an interest rate of 5.5 pereent per year, compounded quarterly Source: Select Committee on Aging, U.S. House of Representatives