Samuel survivor is planning to save for retirement 35 years, Ask an Expert

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Samuel Survivor is planning to save for retirement 35 years from now. He expects to live 25 years beyond that, and would like an annual retirement income of $38,500 after tax of 30%. What is the lump sum needed to fund retirement, at an expected annual return of 11.2%?

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Financial Management, Finance

Category:- Financial Management
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