Plan on retiring, Fred and Louise are 38 years old and plan

Plan on retiring

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Reference no: EM131185016

Fred and Louise are 38 years old and plan on retiring at age 67 and expect to live until age 95. Fred currently earns $150,000 and they expect to need $100,000 in retirement. Louise is a stay at home mom. They also expect that Social Security will provide $30,000 of benefits in today s dollars at age 67. He has been saving $17,000 annually in his 401(k) plan.

Reference no: EM131185016

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Plan on retiring : Fred and Louise are 38 years old and plan on retiring at age 67 and expect to live until age 95. Fred currently earns $150,000 and they expect to need $100,000 in retirement. Louise is a stay at home mom. They also expect that Social Security will pr..

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Plan on retiring

Reference no: EM131185016

Reference no: EM131185016

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