Ken and Kim are currently 31 yrs old and expect to retire at age 67. They wish
Fantastic news! We've Found the answer you've been seeking!
Question:
Ken and Kim are currently 31 yrs old and expect to retire at age 67.
They wish to have (in addition to their social security income) a retirement income from their portfolios in the amount of $12,500 gross of any taxes per month and with to plan for a 30-year retirement.
How much should their investment/retirement portfolios be in order to meet their goal?
You can assume a 4% portfolio distribution rate during retirement?
Related Book For
Posted Date: