Question: You have $ 1 0 0 , 0 0 0 in your retirement fund that is eaming 5 . 5 percent per year, compounded quarterly.

You have $100,000 in your retirement fund that is eaming 5.5 percent per year, compounded quarterly.
A. How many dolars in withdrawals per month would reduce this nest egg to zero in 20 years? Use Exh bit 14-7.
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b. How many dollars per month can you withdraw for as long as you live and still leave this nest egg intact? Use Exhibit 14
Whatral $5
 You have $100,000 in your retirement fund that is eaming 5.5

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