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You plan on retiring in 15 years. You need $4,000 per month to live after you retire. You have average life expentancy of 15 years
You plan on retiring in 15 years. You need $4,000 per month to live after you retire. You have average life expentancy of 15 years after your retirement. How much do you need to save every month for the next 14 years. Suppose the rate of return on the retirement account is 8%.
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