Question
You look over your retirement plan in2025and realize that if you follow it perfectly, you will have $625,000in your Roth IRA in2050,the year of your
You look over your retirement plan in 2025 and realize that if you follow it perfectly, you will have $625,000 in your Roth IRA in 2050, the year of your retirement. If inflation averages 1.79% annually over those 25 years, what will be the 2025-based value of your retirement funds in 2050?
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Step 1 Determine the future value of your retirement funds in 2050 Given that you will have 625000 i...
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
