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You are planning for retirement and you estimate that you need $800,000 . You currently have $50,000 in savings at your bank earning 4.8% interest.

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You are planning for retirement and you estimate that you need $800,000 . You currently have $50,000 in savings at your bank earning 4.8% interest. How long will it be until you retire? 59 years 69 years 37 years 88 years

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