Seth and Nicole determine that they will need the equivalent of $5,500 monthly income (in today's dollars)

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Seth and Nicole determine that they will need the equivalent of $5,500 monthly income (in today's dollars) to retire comfortably. If they will retire in 30 years and inflation runs at 5.2%, what is the actual monthly income they will need upon retirement to meet this goal?

Posted Date: May 09, 2024 02:53 AM

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Seth and Nicole determine that they will need the equivalent of $5,500 monthly income (in today's dollars)

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