Marvin and Pat have determined that they will need a nest egg of $350,000 when they retire
Fantastic news! We've Found the answer you've been seeking!
Question:
Marvin and Pat have determined that they will need a nest egg of $350,000 when they retire at age 67. They are both 35 now and have retirement savings of $100,000 between the two of them. Assuming that they can earn 10% on long-term investments, how much must they put aside at the end of every month to achieve their goal?
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date: