Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40
and plans to retire at 65. Barry calculates that he can contribute $3,400
per year to his plan. Barry's employer will match this amount. If Barry can earn a return of 9%
on his investment, he will have $575,966.09
at retirement. How much would Barry have at retirement if he had started this plan at age 30?
If Barry had started this plan at age 30, the amount he would have at retirement is $_______
(Round to the nearest dollar.)
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Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40 and plans to retire at 65. Barr...
Retirement Funding. Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40 and plans to retire at 65. Barry calculates that he can contribute 4,300 per year to his plan. Barry's employer will match this amount. If Barry can earn a return of 8% on his investment, he will have 628,711.08 at retirement. How much would Barry have at retirement if he had started this plan at age 30? If Barry had started this plan at age...
Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40 and plans to retire at 65 . Barry calculates that he can contribute $4 comma 400 per year to his plan. Barry's employer will match this amount. If Barry can earn a return of 6 % on his investment, he will have $482 comma 808 at retirement. Assuming a return of 6 %, how much would Barry have if he could invest an additional $900 per year...
Retirement Funding. Barry has just become eligible for his employer-sponsored retirement plan. Barry is 35 and plans to retire at 65. Barry calculates that he can contribute $3,900 per year to his plan. Barry's employer will match this amount. If Barry can earn a return of 7% on his investment, how much will he have at retirement? At retirement, the amount Barry will have is $_______ (Round to the nearest dollar.)
Lena has just become eligible to participate in her company's retirement plan. Her company does not match contributions, but the plan does average an annual return of15% Lena is 40 and plans to work to age 65. If she contributes $170 per month, how much will she have in her plan at retirement? When Lena retires, the amount she will have in her retirement plan is $?
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