Currently Nathan deposits $300 at the end of each month into an IRA and his company will

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Currently Nathan deposits $300 at the end of each month into an IRA and his company will match 40% of his deposit amount.He will retire in 45 years.Assuming his account will earn 8.5% interest rate (APR), how much he can withdraw monthly after his retirement after-tax basis? (Assume he will live for another 25 years after retirement, his average tax rate will be 20%, and his deposit amount will remain constant).

Posted Date: May 18, 2024 03:00 PM

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Currently Nathan deposits $300 at the end of each month into an IRA and his company will

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