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youre 2 0 years old and wanting to retire by 6 5 . You want to recieve annual payouts for 2 5 years with a

youre 20 years old and wanting to retire by 65. You want to recieve annual payouts for 25 years with a COLA of 4%. If you want your first payout to have the same buying power as $1800 today, how much should your first annuall payout be assuming 4% inflation per year?

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