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Your employer offers a 401(k) plan with a 33% match, and you set a goal of retiring in 29 years with an amount of money

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Your employer offers a 401(k) plan with a 33% match, and you set a goal of retiring in 29 years with an amount of money which has the same buying power that 1 million dollars has today. If the account earns an annual interest rate of 1.6% and the expected annual rate of inflation is 1.2%, how much should YoU contribute each month to the 401(k)

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