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you are currently 38, have a salary of $65000, and have saved $52,000 in your. 401(k). your employer will match 100% of your contributions up
you are currently 38, have a salary of $65000, and have saved $52,000 in your. 401(k). your employer will match 100% of your contributions up to 4% of your salary. if you wish to retire with $1.5 million at the age of 69, and anticipate a 7% annual return on your assets, what fraction of your salary do you need to save annually?
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Fundamentals Of Corporate Finance
Authors: David W Blackwell, Robert Parrino, David S Kidwell
1st Edition
0471270563, 9780471270560
