Question: Create an Excel spreadsheet that maps out your annual withdrawals from a retirement account, assuming initial savings of $1 comma 000 comma 000 and 6%
Create an Excel spreadsheet that maps out your annual withdrawals from a retirement account, assuming initial savings of $1 comma 000 comma 000 and 6% starting withdrawal rate that increases with inflation. Assume an inflation rate of 3% and a rate of return on your investment of 8%. A partial example of this spreadsheet, using these values, is given. Use your spreadsheet for the retirement plan to complete parts a through c
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