Question
You have a retirement account from a prior employer with $20,000 in it currently, which is sitting in cash.You are considering moving this amount into
You have a retirement account from a prior employer with $20,000 in it currently, which is sitting in cash.You are considering moving this amount into a stock mutual fund today.You think the long-term return will be 2% for cash and 11% for the stock fund.If you will retire in 32 years, how much more money will you have at retirement if you move the money into stocks?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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