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You have retired and you have saved $600,000. You have it invested to earn 6%/year. You think you can live on annual expenses of $71,566/year.
You have retired and you have saved $600,000. You have it invested to earn 6%/year. You think you can live on annual expenses of $71,566/year. For how many years can you live before you have to ask your children to help you?
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