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You want to retire in 20 years When you retire you expect to live for another 30 years During those 30 years you want to be able to withdraw $45000 at the beginning of each year for living expenses

You want to retire in 20 years. When you retire you expect to live for another 30 years. During those 30 years you want to be able to withdraw $45,000 at the beginning of each year for living expenses. How much do you have to save at the end of each year until retirement to reach this retirement goal? Assume that you can earn 8% on your investments, including throughout retirement.
 

May 17 2020 View more View Less

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