What if instead of saving for someone else you expect to


What if instead of saving for someone else, you expect to live until you are 90 years old at which point you plan to have no money left at all. If you can earn 5% per year, how much must you have saved up at 60 to earn a 70% of your pre-retirement salary (pre-retirement salary= $173,628.50) each year until you are 90?

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Financial Management: What if instead of saving for someone else you expect to
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