You have set a financial goal of having $3,500,000 saved by retirement. If you plan to work for the next 40 years, how much would you need to save at the end of each year if you expect an average annual return of 9% in your retirement fund?

Round your answer to the nearest dollar.

Answer rating: 100% (QA)

To calculate the annual savings needed to achieve a financial goal of 3500000 by retireme... View the full answer