Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

I am planning to save 3000 per year and my first deposit will be made next year. I am going to invest in a mutual fund which will return 10% per year....

I am planning to save 3000 per year and my first deposit will be made next year. I am going to invest in a mutual fund which will return 10% per year. I am going to retire in 35 years and will live live for another 30 years after I retire. My first withdrawal will be in 35 years. How much can I spend each year after I retire?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question