$50,000 /year needed during retirement Retirement will last 25 years 30 years...
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Finance
- $50,000 /year needed during retirement
Retirement will last 25 years
30 years until retirement
6.0% return before and after retirement
nflation rate 2.5%
- Use the present value of an annuity (annuity due) to calculate the lump sum needed at retirement assuming the principal will be liquidated
- Inflate to the amount needed in dollars on the retirement date.
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