Lena has just become eligible to participate in her company's retirement plan. Her company does not match contributions, but the plan does average an annual return of15% Lena is 40 and plans to work to age 65. If she contributes $170 per month, how much will she have in her plan at retirement?

When Lena retires, the amount she will have in her retirement plan is $?

Answer rating: 100% (QA)

Amount is to be calculated for 25 years because Lena is 40 at pres... View the full answer