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Calculate the amount will likely have at retirement

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Reference no: EM132573199

Question 1: If develop a retirement planning scenario for myself. And plan my retirement age is 67 have to use net investment earnings of 8.5% . to be able to determine the annual cash flow that want at retirement, Need to use 6% of the investment total; however, most financial advisor's conservatory use 4%. Most financial advisors suggest that a person save 10% of one's income towards retirement in addition to the savings made through the social security program (depending on my age 42 want to make a different assumption about social security benefits. want to calculate the amount will likely have at retirement and to evaluate the feasibility of the assumptions made for plan.

Reference no: EM132573199

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