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Stephen has decided that they would like to spend $52,000 per year in retirement. Their latest Social Security statement estimates that their benefit will be
Stephen has decided that they would like to spend $52,000 per year in retirement. Their latest Social Security statement estimates that their benefit will be $19,000 per year. If they expect to be retired for 31 years, and their investments will continue to earn 10.1% in retirement, what is their target retirement account balance?
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