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Required Savings Pre-Retirement: Let's assume a desired retirement income of $2 million per year and a retirement period of 6 years. To account for the

Required Savings Pre-Retirement: Let's assume a desired retirement income of $2 million per year and a retirement period of 6 years. To account for the time value of money and risk factors, we'll use a discount rate of 10% to calculate the present value of the required savings. Using the present value of an annuity formula, the required savings pre-retirement can be calculated as what

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