Accumulate the required amount for retirement

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Reference no: EM1358123

Can someone please help me with this? I'm not understanding how to come up with this, or if I am to create my own figures for calculation? Please help.

Case study: Develop a personal retirement plan assuming that you'll retire at the age of 65. The plan should specify the amount of money you need to retire, your longevity, and the monthly amount after retirement so that you and your spouse can lead a comfortable life. It should state the amount of money you need to save every month until the time of retirement to accumulate the required amount.

 

Reference no: EM1358123

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