Question: While retirement is a long time in the future for most of you, as finance majors you are likely to be asked questions by others

While retirement is a long time in the future for most of you, as finance majors you are likely to be asked questions by others regarding their personal finances. How would you explain the

" 4

percent solution" to someone who is considering retirement

(

don

'

t forget the role of other sources of income like Social Security and company pensions

) ?

While retirement is a long time in the future for most

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