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If you think your portfolio will make a return of 5 on

You just celebrated your 35th birthday. You plan to retire at 65 and live to be 95. You want to receive $60,000 per year in your retirement years.

You have a current balance of $53,000 in your 401(k). If you think your portfolio will make a return of 5% on average, how much should you set aside per year to meet your goal?

$13,880
$11,613
$12,217
$10,435
$13,887

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Finance Basics: If you think your portfolio will make a return of 5 on

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