Question
You want to be able to spend the current equivalent of $65,993 per year during your retirement that will start in 12 years, and go
You want to be able to spend the current equivalent of $65,993 per year during your retirement that will start in 12 years, and go for 29 years.
You expect inflation to be 4% per year during your retirement.
How much would you have to invest in nominal terms in years 1 to 10, to fully pay for your retirement if your investments earn 7.67% APR (annual compounding)
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
