Question
You retire with $3 million, withdraw $12,000 per month and anticipate living for 23 years. After 23 years in retirement you will donate what
You retire with $3 million, withdraw $12,000 per month and anticipate living for 23 years. After 23 years in retirement you will donate what is left of your retirement savings. How much will you have available to donate?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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