Retirement plan: We need to adjust that figure for inflation. An easy way to think about the
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Retirement plan: We need to adjust that figure for inflation. An easy way to think about the calculation is that you put $41,000 into an account that earns the inflation rate for your RWLE of 41 years. How much is in your account? That’s your inflation adjusted retirement need. What’s your inflation adjusted retirement need if we assume a 2% inflation rate?
Related Book For
Fundamentals of Financial Management
ISBN: 978-1305635937
Concise 9th Edition
Authors: Eugene F. Brigham
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