Anna age 35 wants to retire at age 65 She earns 38000 She has earned 7 on investments Inflation is averaging 2 She anticipates that her life expectancy will be 87 Her WWR is 90 Her Social Security benefit will be 10000 After she retires she expects her investments to earn 6 How much does Anna need to save at month end to accumulate the capital that she will need at retirement Use annuity capital preservation and purchasing power preservation method

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The amount of time it will take for 300000 to dwindle ... View the full answer