Question: Is It Reasonable? Think it through. A 6 0 - year - old retiree has $ 5 0 0 , 0 0 0 in his

Is It Reasonable? Think it through.
A 60-year-old retiree has $500,000 in his retirement account earning 4% simple interest
annually.
Is it reasonable to assume that he can withdraw $50,000 per year from the account until
he dies?
Is It Reasonable? Think it through. A 60-year-old retiree has $500,000

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