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You believe you need $500,000 when you retire in 35 years. You have already saved up $5,000. You estimate youll earn 6% annually (with annual
- You believe you need $500,000 when you retire in 35 years. You have already saved up $5,000. You estimate you’ll earn 6% annually (with annual compounding). How much should you set aside each year in order to meet your goal? Use equations, not Excel.
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
