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The saving period is 25 years, you earn interest rate 10% through 45 years. You will be in retirement for 20 years, you want to

The saving period is 25 years, you earn interest rate 10% through 45 years.

You will be in retirement for 20 years, you want to withdraw $60,000 each year.

How much must you save each year before retirement to be able to do so?

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