Based on their projections of investment growth, they expect to have $1,168,700 in liquid assets at...
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Based on their projections of investment growth, they expect to have $1,168,700 in liquid assets at the start of their retirement. They expect to enjoy retirement for 30 years. How much can Jamie Lee and Ross withdraw each month and still leave their nest egg intact? Starting Amount of Nest Egg $10,000 15,000 20,000 25,000 30,000 40,000 50,000 60,000 80,000 100,000 You Can Reduce Your Nest Egg to Zero by Withdrawing This Much Each Month for the Stated Number of Years $ 10 Years 107 $ 161 215 269 322 430 537 645 859 1,074 15 Years 81 $ 121 162 202 234 323 404 485 647 808 20 Years 68 $ 102 136 170 204 272 340 408 544 680 25 Years 61 $ 91 121 152 182 243 304 364 486 607 30 Years Or You Can Withdraw This Much Each Month and Leave Your Nest Egg Intact 56 $ 84 112 140 168 224 281 337 449 561 46 69 92 115 138 184 230 276 368 460 Based on their projections of investment growth, they expect to have $1,168,700 in liquid assets at the start of their retirement. They expect to enjoy retirement for 30 years. How much can Jamie Lee and Ross withdraw each month and still leave their nest egg intact? Starting Amount of Nest Egg $10,000 15,000 20,000 25,000 30,000 40,000 50,000 60,000 80,000 100,000 You Can Reduce Your Nest Egg to Zero by Withdrawing This Much Each Month for the Stated Number of Years $ 10 Years 107 $ 161 215 269 322 430 537 645 859 1,074 15 Years 81 $ 121 162 202 234 323 404 485 647 808 20 Years 68 $ 102 136 170 204 272 340 408 544 680 25 Years 61 $ 91 121 152 182 243 304 364 486 607 30 Years Or You Can Withdraw This Much Each Month and Leave Your Nest Egg Intact 56 $ 84 112 140 168 224 281 337 449 561 46 69 92 115 138 184 230 276 368 460
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Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Posted Date:
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