Question: You have saved $ 9 4 , 0 0 0 in a 4 0 1 ( k ) account at retirement. What is the minimum

You have saved $94,000 in a 401(k) account at retirement. What is the minimum annual rate of return would allow you to withdraw $7,000 each year forever without reducing your account value?
You have saved $ 9 4 , 0 0 0 in a 4 0 1 ( k )

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