4. If they have retired with $2 million in savings, and they want to withdraw $100,000...
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4. If they have retired with $2 million in savings, and they want to withdraw $100,000 every year for living expenses at the beginning of each year, how long can their retirement nest egg last (in years) if the rate of return on their savings is 3% post-retirement? 4. If they have retired with $2 million in savings, and they want to withdraw $100,000 every year for living expenses at the beginning of each year, how long can their retirement nest egg last (in years) if the rate of return on their savings is 3% post-retirement?
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