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You are 45 years old and you have $150,000 in your retirement account. You want to have 3 million by the time you are 60.
You are 45 years old and you have $150,000 in your retirement account. You want to have 3 million by the time you are 60. A) How much do you need earn on your investments on a monthly basis to have $3,000,000 by age 60. B) if you contribute $400 per month in the next 15 years what rate of return are you seeking for?
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