Question: Your client Marsha currently has a variable annuity with Vanguard with a balance of $ 7 0 0 , 0 0 0 . She was

Your client Marsha currently has a variable annuity with Vanguard with a balance of $

700, 000 .

She was just notified that they will no longer be offering these products. Marsha is interested in moving her annuity to Fidelity. Marsha's birthday is

1 / 1 / 1963 .

She will be working until she turns

67

2030 .

Assume she is single and has no dependents. She wants enough money to last her remaining lifetime. She is concerned about inflation which she is estimating will run

2 % .

She wants your help in answering the following questions:

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