What does Shelley need to save monthly to make sure she is on track to reach her retirement goal of having $440,000 saved by the time she reaches age 65? She is 48 years old, has been contributing $400 per month and has $180,000 in her RRSP. Assume she will make an annual return of seven percent.

Answer rating: 100% (QA)

To determine how much Shelley needs to save monthly to reach her retirement goal we can use the futu... View the full answer