Question: Stan is currently 4 2 years old with $ 3 5 0 , 0 0 0 in his 4 0 1 K through his work.

Stan is currently 42 years old with $350,000 in his 401K through his work. He is saving $1,800 per month and wants to retire at the age of 63. Assuming he can earn an average refurn of 9.75% return each year, what will he have when he retires?
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Stan is currently 42 years old with $350,000 in his 401K

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