Bob will retire in 40 years. His retirement goal is $1,000,000. He opened a Fdelity IRA...
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Bob will retire in 40 years. His retirement goal is $1,000,000. He opened a Fdelity IRA account and plans to invest in an SP500 index. The SP500 has an expected return of 11.4%. How much should he invest today to meet his goal? Bob will retire in 40 years. His retirement goal is $1,000,000. He opened a Fdelity IRA account and plans to invest in an SP500 index. The SP500 has an expected return of 11.4%. How much should he invest today to meet his goal?
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Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date:
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