If you want to spend $50,000 per year for each of your retired 25 years, and your account will average 7.125% annual returns, then how large a nest egg do you need to achieve that goal?Explain.
Quiz 10 Due June 17, 2021 1.Might it actually affect your spending habits now to think about how $1 at age 25, if invested, could easily be $32 at age 70? Explain whether it might. 2. Explain the logic of your retirement age goal. 3.Picturing yourself during retirement, do you predict having grandchildren? 4. If […]