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Youve just turned 35 and decided its time to contribute to a pension savings plan. You budgeted that you can contribute $3,500 a year and

Youve just turned 35 and decided its time to contribute to a pension savings plan. You budgeted that you can contribute $3,500 a year and earn 6% per annum. How much will you have accumulated if you retire at age 65? At retirement, how much can you withdraw each year for 15 years from the pension savings plan if the account continues to earn 6%?

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