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Posted: Sun Jun 05, 2022 10:44 am
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You begin investing in your retirement and would like to know how many years it will take to have 1,000,000 saved in inflation adjusted dollars. Your retirement savings currently are: $0 Assume all investments grow tax-deferred and at the same overall rate. 5,000 Invested annually 0.1000 Annual compounded gross rate of return (blended for stocks, bonds, etc.) How many MORE years will it take to save $1,000,000 for retirement if you adjust the gross returns above for 0.0250 Advisory, management, & custodial fees which reduce your gross returns O 6.71 O 7.36 O 6.97 O 6.40 O 7.78
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