Question: You will use the 4% Rule to pay yourself an annual retirement salary. Based on the 30 year account balance you calculated for your retirement

You will use the 4% Rule to pay yourself an annual retirement salary. Based on the 30 year account balance you calculated for your retirement fund in question 8 and the 4% Rule, what will you be able to pay yourself as a salary for each year of your retirement? Show the steps of your calculation. If you kept your full retirement balance invested in the fund you named in question 7 for the duration of your retirement and that fund continued to earn the average annual return you provided in that question, how long should you be able to pay yourself the 4% Rule salary you calculated above? Explain your answer. $79003628.11 Retirement answer from question 8. (So we will get $79003628.11 after 30 years by paying $726.50 per month.

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