Steve and roslyn are retiring together today and they wish, Ask an Expert

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Steve and Roslyn are retiring together today and they wish to receive $40,000 of income (in the equivalent of today's dollars) at the beginning of each year from their portfolio. They assume inflation will be 4% and they expect to realize an after tax return of 8%. Based on life expectancies, they estimate their retirement period to be about 30 years. They want to know how much they should have in their fund today.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91936543

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