Question
You are putting together your personal retirement plan. You are 30 years old and plan to retire at 60. You have determined that you will
You are putting together your personal retirement plan. You are 30 years old and plan to retire at 60. You have determined that you will save on average $800 per month. Because you took this course you think you can average 15%. How much will you have at retirement?
How much will you be able to live on each month for the remaining 30 years, assuming you take a little less risk, and only average 7% during your retirement period?
This is one leg of your retirement stool. Do you have any others?
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
