Marissa's current annual gross wage is $137,000.00. For retirement, she wants to have enough saved to replace
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Question:
Marissa's current annual gross wage is $137,000.00. For retirement, she wants to have enough saved to replace 80% of her current annual gross wage and withdraw 4% the first year.
Calculate the total Marissa will need in retirement savings to meet her retirement income goal.
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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