I am looking ahead to my retirement and want to be able to retire at 70 and hope to live to 95 and make $3200 a month from an account compounding monthly at 4.5%. I am currently 27 and I am going to...


I am looking ahead to my retirement and want to be able to retire at 70
and hope to live to 95 and make $3200 a month from an account
compounding monthly at 4.5%. I am currently 27 and I am going to deposit
$1000 at the beginning of each quarter until I am 70 in an account that
pays 8.5% and is compounded quarterly. Will I have enough to make it
happen and by how much am I above or below?
Find the amount I need to support those requirements from age 70 to 95.



Jun 07, 2022
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