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You are planning to save for retirement over the next 35 years. To do this, you will invest $712 per month in a stock account

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You are planning to save for retirement over the next 35 years. To do this, you will invest $712 per month in a stock account and $358 per month in a bond account. The return of the stock account is expected to be 12 percent, and the bond account will return 3 percent. When you retire, you will combine your money into an account with a return of 9 percent. How much can you withdraw each month from your account assuming a 30 -year withdrawal period

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