Imagine yourself wanting to retire to a luxury golf estate at age 60. You expect that...
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Imagine yourself wanting to retire to a luxury golf estate at age 60. You expect that you will need R65 000 per month to live comfortably. You could expect to live until age 85; i.e. 25 years after retirement. You expect to get a 5% return on your money. How much money do you need at age 60 to be able to meet your goal? Imagine yourself wanting to retire to a luxury golf estate at age 60. You expect that you will need R65 000 per month to live comfortably. You could expect to live until age 85; i.e. 25 years after retirement. You expect to get a 5% return on your money. How much money do you need at age 60 to be able to meet your goal?
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Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Posted Date:
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