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You would like to retire in 1 8 . 0 years. The expected rate of inflation is 3 . 5 4 % per year. You

You would like to retire in 18.0 years. The expected rate of inflation is 3.54% per year. You currently have a standard of living that requires $5,210.00 of monthly expenses. Assuming you want to maintain the Same standard of living in retirement, what are your monthly expenses expected to be the first year of retirement?
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