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Your client has $50,000 in cash to invest. They want this to grow to $500,000 over the next 15 years. What rate of return do

Your client has $50,000 in cash to invest. They want this to grow to $500,000 over the next 15 years. What rate of return do they need to earn?

Make a recommendation for what they should invest in that might earn the required rate.

If they hit their target, what monthly income could they expect to earn in retirement if they only earn 6% on their retirement fund. Assume 20 year timeframe.

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