Question
You have saved $500,000 and are considering retiring. Going forward, you anticipate being able to invest the whole amount at 6.25% per year compounded annually.
You have saved $500,000 and are considering retiring. Going forward, you anticipate being able to invest the whole amount at 6.25% per year compounded annually. How much could you withdraw at the end of each of the next 30 years?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
