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You plan to graduate at age 23 and start saving for retirement at age 24. You save as follows: Age 24-35 $6,000 per year Age
You plan to graduate at age 23 and start saving for retirement at age 24. You save as follows:
Age 24-35 | $6,000 per year | |
Age 36-50 | $5,000 per year | |
Age 51-60 | $2,000 per year | |
Age 61-65 | $8,000 per year |
How much money will you be able to withdrawal from ages 66-90 as regular amounts assuming all money earns 6.5% interest? Please use excel and show equations
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