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You currently have $350,000 saved in your retirement account and plan to save $1,500 per month until you retire in 35 years. If you earn

You currently have $350,000 saved in your retirement account and plan to save $1,500 per month until you retire in 35 years. If you earn 9% APR until you retire, how much can you withdraw each year for 30 years in your retirement if you earn 6% during your retirement?

  • A. $346,003

  • B. $801,149

  • C. $907,012

  • D. $157,920

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