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You believe you will spend $135,000 a year for 19 years once you retire in 31 years. If the interest rate is 4.60% per year.
You believe you will spend $135,000 a year for 19 years once you retire in 31 years. If the interest rate is 4.60% per year.
| a. How much must you need saved once you reach retirement. | $ |
| b. how much must you save each year until retirement to meet your retirement goal? |
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
