You expect to live for 20 years after retirement. You would like to have income of $106,990 each year. About how much do

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answerhappygod
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You expect to live for 20 years after retirement. You would like to have income of $106,990 each year. About how much do

Post by answerhappygod »

You expect to live for 20 years after retirement. You would like
to have income of $106,990 each year. About how much do you need in
your retirement account in 20 years if the interest rate is 5% per
year? Assume the payments begin on the day of your retirement.
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