Assume you want to retire at age 65 using the age you are, Finance Basics

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Assume you want to retire at age 65 using the age you are

Question: Assume you want to retire at age 65, using the age you are now, and haven't saved anything, but think you can get a return of 8% on your investments. Determine how much money you need to save per month to retire with a $1m in the bank. Then as a bonus question; Will that will be enough to comfortably retire?

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Finance Basics: Assume you want to retire at age 65 using the age you are

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Finance Basics: Assume you want to retire at age 65 using the age you are

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