How much do you need to invest
Problem: You are 35 and you want to retire in 30 years and be able to withdraw $50,000 for each year in retirement. You expect to live to the age of 85. How much do you need to invest at 9.5% each year?
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You expect to live to the age of 85. How much do you need to invest at 9.5% each year?
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