1. You want to be able to withdraw $65,000 each year for 20 years during retirement....

Question

Question

1. You want to be able to withdraw $65,000 each year for 20 years during retirement. a. How much do you have to have saved to

Answer 1

Answer #1

Annual withdrawls = $65,000 Term = 20 Years a) Amount we should have today = Present value of annual withdrawls = Annual with

Answer 2

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