Assume you are currently 30 years old; you will retire at 65 years old and your life expectancy is 95 years old. The average annual market return is 8%. Your annual expense at retirement is expected to be $100,000.To get ready for retirement, how much money should you contribute to your retirement account at the end of each year from now on?

Answer rating: 100% (QA)

Assume you are currently 30 years old you will retire at 65 years old and your life expectancy is 95 years old The average annual market return is 8 Y... View the full answer