You have a retirement account from a prior employer with $20,000 in it currently, which is sitting
Fantastic news! We've Found the answer you've been seeking!
Question:
You have a retirement account from a prior employer with $20,000 in it currently, which is sitting in cash.You are considering moving this amount into a stock mutual fund today.You think the long-term return will be 2% for cash and 11% for the stock fund.If you will retire in 32 years, how much more money will you have at retirement if you move the money into stocks?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: