You are 35 years old You have a non-working spouse (same age) You have one child,...

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Answer 1

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IRA savings Rate of Interest Time period Annunity Factor Investment value after 30 years 25000 9% 30 13.2676785 331,692 750000 418,308 Requirement in 401K 9% 31,528 Return in 401K Investment per annum in 401K

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