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You are planning to save for retirement over the next 30 years. To do this, you will invest $800 a month in a stock account

You are planning to save for retirement over the next 30 years. To do this, you will invest $800 a month in a stock account and $500 a month in a bond account. The return of the stock account is expected to be 10 percent, and the bond account will pay 6 percent. When you retire, you will combine your money into an account with a return of 7 percent. How much can you withdraw each month from your account assuming a 20-year withdrawal period

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