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Trina retires early and will have no income other than her portfolio income. She believes she will need $500,000 in before-tax income per year to
Trina retires early and will have no income other than her portfolio income. She believes she will need $500,000 in before-tax income per year to cover her living expenses. Trina has $7 million in investable assets and inflation is expected to be 0.5%. She plans on donating $100,000 to the Atlas Foundation, $125,000 to the local hospital, and $33,000 her alma maters endowment fund. Trinas return objective is closest to: a. 7.1%. b. 7.4%. c. 7.9%. d. 8.2%.
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