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the capital sum needed at the start of retirement to be $5m. Currently, there is a shortfall of $3m. Determine how many years of retirement

the capital sum needed at the start of retirement to be $5m. Currently, there is a shortfall of $3m. Determine how many years of retirement income his current retirement funds can provide if he would like to retire in 7 years time with an annual retirement income of $200,000 (future dollars terms) for 30 years.

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