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You are 23 and want to retire as a millionaire. How much do you need to put away each month if: You use common stocks
You are 23 and want to retire as a millionaire. How much do you need to put away each month if:
You use common stocks and have an average return of 10%?
You use corporate bonds and have an average return of 6%?
You use government bonds and have an average return of 4%?
You put your money in a CD at 2.5% interest rate?
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