Years to Retirement: 40 Years in retirement: 20 Annual Rate of Return: 11.64% Annual inflation...
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Accounting
Years to Retirement: 40
Years in retirement: 20
Annual Rate of Return: 11.64%
Annual inflation rate: 2.58%
Total annual expense: 70000
Questions:
what is the value of inflation-adjusted annual withdrawal?
What's the total dollars needed at retirement?
What's the required annual deposite?
show some problem-solving steps pls!
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