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You are planning on retiring in 35 years and need your savings to generate $25,000 per year for 25 years once you retire. If you

You are planning on retiring in 35 years and need your savings to generate $25,000 per year for 25 years once you retire. If you earn 6% on your investments, and will spend all your savings, how much money do you need to save each year while you are working?

$2,430

$2,868

$2,649

$2,221

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