You put $6,500 into a Roth IRA and invest everything in a corporate bond fund. The...
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You put $6,500 into a Roth IRA and invest everything in a corporate bond fund. The fund has an annual expense ratio of 1.5%. Your expected annual return is 8.5%, your current tax rate is 35%, and you expect your tax rate in retirement to be 25%. The long-term capital gains rate is 15% and the short-term capital gains rate is 35%. What is the after-tax future value of your investment in 20 years? You put $6,500 into a Roth IRA and invest everything in a corporate bond fund. The fund has an annual expense ratio of 1.5%. Your expected annual return is 8.5%, your current tax rate is 35%, and you expect your tax rate in retirement to be 25%. The long-term capital gains rate is 15% and the short-term capital gains rate is 35%. What is the after-tax future value of your investment in 20 years?
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Related Book For
Basic Business Statistics Concepts and Applications
ISBN: 978-0132168380
12th edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
Posted Date:
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