You have decided to retire in 34 years and you want to have $2,150,000 in the bank at that point. You currently have $65
Posted: Sun May 29, 2022 8:06 pm
You have decided to retire in 34 years and you want to have
$2,150,000 in the bank at that point. You currently
have $65,500 in the bank. The bank is paying 4.00% interest,
compounded yearly.
How much money do you need to deposit in your bank account each
year in order to meet your retirement goal?
$2,150,000 in the bank at that point. You currently
have $65,500 in the bank. The bank is paying 4.00% interest,
compounded yearly.
How much money do you need to deposit in your bank account each
year in order to meet your retirement goal?