What if instead of saving for someone else, you expect to live until you are 90 years old at...
What if instead of saving for someone else, you expect to live
until you are 90 years old at which point you plan to have no money left
at all. If you can earn 5% per year, how much must you have saved up at
60 to earn a 70% of your pre-retirement salary in interest each year
until you are 90?
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