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Retirement Funding. Barry has just become eligible for his employer aporesored retirement plan Buery is 35 and plans to retire at 65 Barry calculates that

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Retirement Funding. Barry has just become eligible for his employer aporesored retirement plan Buery is 35 and plans to retire at 65 Barry calculates that he can contribute SI 300 per year to his plan Barry's employer wil match this amount. Il Barry can com a return of 7% on his inwestment, how much wil he love at retirement At retirement, the amount Barry will have in S. (Round to the nearest dollar.) Retirement Funding. Barry has just become eligible for his employer-sponsored retirement plan, Barry is 40 and plans to retire at 66. Barry calculates that he can contribute $3.900 per year to his plan Batry's employer will match this amount. It Barry can eam a retum of 9% on his investment, he will have 5660,666.99 at retirement. How much would Barry have at retirement it he had started this plan at age 307 it Barry had started this plan at age 30, the amount he would have at retirement is $. (Round to the nearest dollar) IRAs. Lisa and Mark married at age 20. Each year until their 35th birthdays, they put $3,600 into their traditional IRAs. By age 36, they had bought a home and started a family. Although they continued to make contributions to their employer sponsored retirement plans, they made no more contributions to their IRAs. If they receive an average annual retum of 9%, how much will they have in their IRAs by age 707 What was their total investment? they receive an average annual return of %, the amount they will have in their IRAs by age 70 is (Round to the nearest dollar) Tax Savings. Lloyd and his wife, Jean, have no retirement plan at work, but they contribute $2,000 each year to a traditional IRA They are in a 10% marginal taux bracket. What tax savings will they realize for these contributions annually? The tax savings they wil realize annually for these contributions is $. (Round to the nearest dollar)

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