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You wish to retire in 1 3 years and currently have $ 5 0 , 0 0 0 in a savings account yielding 4 percent
You wish to retire in years and currently have $ in a savings account yielding percent annually and $ in quality "blue chip" stocks yielding percent. If you expect to add $ at the end of each year to your stock portfolios, how much will you have in your retirement fund when you retire? Use Appendix A and Appendix C to answer the question. Round your answer to the nearest dollar.
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What rate of return must you earn on your retirement funds if you want to withdraw $ per year for the next years after retiring? Use Appendix D to answer the question. Round your answer to the nearest whole number.
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