Question: Using the payout annuity formula, how much money will you need at a 4% rate of return in an annuity at the start of your
Using the payout annuity formula, how much money will you need at a 4% rate of return in an annuity at the start of your retirement to live this lifestyle for your remaining years? Retirement in 37 years; I need to withdraw $1500 per month.
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