Suppose you start saving $10,000 per year (starting next year) for the 35 years you are won How much can you withdraw each year for the 40 years you are retired? Assume that you 8% return for the years you are saving and a 4% return for the years you are retired.

Answer rating: 100% (QA)

FV Ordinary Annuity C1 i n 1i C Cash flow per period i inte... View the full answer