Question: pls explain each step Example You want to save enough money for an early retirement at age 60 . You want to live off of

pls explain each step pls explain each step Example You want to save enough money for

Example You want to save enough money for an early retirement at age 60 . You want to live off of $10,000 per month until you die (let's say 30 years). During retirement, your rate of return on your investments will be 0.25% per month. Before retirement, you can earn 0.8% per month on your investments. Assuming you have 35 years until you retire, how much do you need to save per month

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