Question: Your client Bob has sent you an email asking for help figuring out how long his money will last. Bob explains in his email that

Your client Bob has sent you an email asking for help figuring out how long his money will last. Bob explains in his email that he wishes to spend $80,000 per year. He assumes his investment assets will grow at a 6% annual rate.
You take a look at Bobs client profile and see that he is 60 years old and has $1,200,000 of investable assets.

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