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You want to have $400,000 in today's (real) dollars when you retire in 40 years. The expected inflation rate is 2.7% and the nominal return
You want to have $400,000 in today's (real) dollars when you retire in 40 years. The expected inflation rate is 2.7% and the nominal return on your investments is 7.3%. How much money do you have to save now if you can't make any additional deposits?
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