How Much Do You Need When You Retire to Provide

question 66

Multiple Choice

How much do you need when you retire to provide a $2,500 monthly check that will last for 25 years? Assume that your savings can earn 0.5% a month.

• A) $361,526.14
• B) $388,017.16
• C) $402,766.67
• D) $414,008.24

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