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You just turned 70 years old and retired. You believe youll live to age 90. You want to withdraw $85,000 a year from your retirement
You just turned 70 years old and retired. You believe youll live to age 90. You want to withdraw $85,000 a year from your retirement account and end with a zero balance at age 90. If your investments continue to earn 6%, what must the value of your retirement account be at age 70
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