With a 3 inflation (Spreadsheet 21 2), by how much would your retirement annuity grow if you increase the savings rate by 1 Is the benefit greater in the face of inflation ...

With a savings rate of 16 the retirement annuity will be 529 ...

With a 3% inflation (Spreadsheet 21.2), by how much would your retirement annuity grow if you increase

Question:

With a 3% inflation (Spreadsheet 21.2), by how much would your retirement grow if you increase the savings rate by 1%? Is the benefit greater in the face of inflation?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...