WJ You intend to retire comfortably when you turn 65 with $1 million in total savings....
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WJ You intend to retire comfortably when you turn 65 with $1 million in total savings. Today is your 31st birthday and you plan to set aside $6,000 every year, starting today, toward this goal. Assuming the savings will grow at a rate of 7%, would you be able to meet your retirement objective and what will be the surplus or deficit? A Yes. Ahead $823,421.27 B No. Short $230,447.41 C No. Short $176,578.73 D No. Short $236,447.41 WJ You intend to retire comfortably when you turn 65 with $1 million in total savings. Today is your 31st birthday and you plan to set aside $6,000 every year, starting today, toward this goal. Assuming the savings will grow at a rate of 7%, would you be able to meet your retirement objective and what will be the surplus or deficit? A Yes. Ahead $823,421.27 B No. Short $230,447.41 C No. Short $176,578.73 D No. Short $236,447.41
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