Question
Rebekah has decided that they would like to spend $64,000 per year in retirement. Their latest Social Security statement estimates that their benefit will be
"Rebekah has decided that they would like to spend $64,000 per year in retirement. Their latest Social Security statement estimates that their benefit will be $26,000 per year. If they expect to be retired for 36 years, and their investments will continue to earn 7.3% in retirement, what is their target retirement account balance?"
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
1st Edition
0201844842, 978-0201844849
