Tunding your retirement Emly Jacobs 45 years old and has nothing to remin Fortunately, the norted 579,000 plans to put toge portion of that many woment account Gaming 125 Tim She will let the money accumulate for 20 years when she ready to retire she would i fodepoh money today so she ruld be making with of per year ago 21 years from www and continue 2 ddry when she will make a widwal tage Waterman for har inte endly will send an einen Emily will come town on money in Investment account during rement years, and she wants the balance of her account to Owoher withdrawal on antieth by bow much ymul Emly seaside now to achieve that gou may be construinto Vethe details of som Emily realize that once she is she will want to have less risky Westments that will low fun 9% rabian 12%. Emily can un ton har vist om now untia Sono my puti at or he $7.000 that showed to the account in pete with camy room on a Wivestamente tragu os Emily with des $50.000 as planned on each they homage to age 90. how much beit in her for her she widaway Punding your retirement Emily Jacob is 5 years old and has saved nothing for men Fortunately, she just inherited 579.000 Emily plans to put toge portion of that may be incontaminan returnShe will let the money accumulate for 20 years. When she will be ready to tre she would to deposit ough money today so she could begin making withdrawal of 550.000 per years (21 years from now and continuing for 24 additional years, when she will make her an wirawal tage Whatever remains from her inheritance Emily wil spend on a shopping speedy will come to an ton money in her went account during her retirement years, and she wants the balance of the firement account to be so after her withdrawal on here buty a. How much money must Emly set aside now to achieve that goal it may be helpful to crudt a time to the death of problem b. Enly realize that once she she will want to have frisky love that will en slightly lower rate of run the then 126 Emilyon 12 how but the same on her investment from age 65 to 90 how much money does she need to set aside today to achieve her goal? c. Suppose Emily put of the 579.000 that she herited to the accounting 12% o in part, the wilcam only on her investments the age 65. withdraw 150.000 planed on each day from 5 to age 96, how much will be be in her account for her hans er herlict withdrawal Funding your retirement Emily Jacob is 45 years old and has saved nothing for retirement. Fortunately, she just inherited 579,000. Emily plans to put a large portion of that money into an investment account earning a(n) 12% return. She will let the money accumulate for 20 years, when she will be ready to retire She would like to deposit enough money today so she could begin making withdrawals of $50,000 per year starting at age 66 (21 years from now) and continuing for 24 additional years, when she will make her last withdrawal at age 90. Whatever remains from her inheritance, Emily will spend on a shopping spree. Emily will continue to earn 12% on money in her investment account during her retirement years, and she wants the balance of her retirement account to be so after her withdrawal on her ninetieth birthday a. How much money must Emily set aside now to achieve that goal? It may be helpful to construct a timeline to visualize the details of this problem b. Emily realize that once she retires she will want to have loss risky investments that will earn a slightly lower rate of return, 9% rather than 12%. Emily can eam 12% on her investments from now until age 65, but she earns just 9% on her investments from age 65 to 90, how much money does she need to set aside today to achieve her goal? e. Suppose Emily puts all of the 579,000 that she inherited into the account earning 12%. As in part b. she will earn only a(n) 9% return on her investments after age 66. If Emily withdraws $50,000 as planned on each birthday from age 65 to age 90. how much will be left in her account for her heirs after her last withdrawal? Funding your retirement Emily Jacob is 45 years old and has saved nothing for retirer portion of that money into an investment account earning a(n) 12% return. She will let th would like to deposit enough money today so she could begin making withdrawals of $5 additional years, when she will make her last withdrawal at age 90. Whatever remains fro continue to earn 12% on money in her investment account during her retirement years, a withdrawal on her ninetieth birthday. a. How much money must Emily set aside now to achieve that goal? It may be helpful to b. Emily realizes that once she retires she will want to have less risky investments that wi 12% on her investments from now until age 65, but she earns just 9% on her investments achieve her goal? c. Suppose Emily puts all of the $79,000 that she inherited into the account earning 12%. age 65. If Emily withdraws $50,000 as planned on each birthday from age 65 to age 90, h has saved nothing for retirement. Fortunately, she just inherited $79,000. Emily plars to put a large 7) 12% return. She will let the money accumulate for 20 years, when she will be ready to retire. She in making withdrawals of $50,000 per year starting at age 66 (21 years from now) and continuing for 24 age 90. Whatever remains from her inheritance, Emily will spend on a shopping spree. Emily will Huring her retirement years, and she wants the balance of her retirement account to be $0 after her hat goal? It may be helpful to construct a timeline to visualize the details of this problem less risky investments that will earn a slightly lower rate of return, 9% rather than 12%. If Emily can earn mns just 9% on her investments from age 65 to 90, how much money does she need to set aside today to into the account earning 12%. As in part b, she will earn only a(n) 9% return on her investements after hday from age 65 to age 90, how much will be left in her account for her heirs after her last withdrawal? tirement Emily Jacob is 45 years old and has saved nothing for retirement Fortunately, she just inherited $79,000 E ney into an investment account earning a(n) 12% return. She will let the money accumulate for 20 years, when she wi sit enough money today so she could begin making withdrawals of $50,000 per year starting at age 66 (21 years from when she will make her last withdrawal at age 90. Whatever remains from her inheritance, Emily will spend on a shopp 12% on money in her investment account during her retirement years, and she wants the balance of her retirement acc r ninetieth birthday ney must Emily set aside now to achieve that goal? It may be helpful to construct a timeline to visualize the details of th that once she retires she will want to have less risky investments that will earn a slightly lower rate of return, 9% rather stments from now until age 65, but she earns just 9% on her investments from age 65 to 90, how much money does sh 12 Hly puts all of the $79,000 that she inherited into the account earning 12% As in part b, she will earn only a(n) 9% return withdraws $50,000 as planned on each birthday from age 65 to age 90, how much will be left in her account for her heir nt account duri