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You decide that your family would be comfortable living on an annual income of $150,000, growing at 4% per year. You'd also like to continue
You decide that your family would be comfortable living on an annual income of $150,000, growing at 4% per year. You'd also like to continue generating this cash flow for your descendants, forever. With investment returns of 8%, how much wealth would you need today to provide this income starting with $150,000 one year from now
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