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You are about to retire. You have saved $1M in your retirment account: How long will the money last if you withdraw $7,000 every month?

You are about to retire. You have saved $1M in your retirment account:


 How long will the money last if you withdraw $7,000 every month? 


The interest rate your earn on your investment is 8% and the first withdrawal is expected one month from now?

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