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You retire at the age of 40 and expect to live to the age of 72. On the day you retire, you have $185,000 in
You retire at the age of 40 and expect to live to the age of 72. On the day you retire, you have $185,000 in your retirement savings account. Annually, you expect to earn 3.00% during your retirement years. How much can you withdraw from the savings account at the end of each month if you die on the day you spend your last penny? $690 $709 $727 $746 $765
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