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You have been hired as a Financial Advisor to review Charles and Susan’s retirement goals and propose recommendations on how to optimize their savings. Write recommendations based on the answers for 1-7 or propose a new plan on how the Smiths can reach their retirement goals of having $500,000+ by their 65th birthday. Some of the assumptions to follow are;

a. Disregard any Social Security Benefit that they could potentially receive in the future.

b. Assume they are a healthy couple and planning to retire at 65. They are planning to start withdrawing from their retirement account at age 66.

c. In addition, they are planning to withdraw from their savings from another 20 years (until their 85th birthday).

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91867853

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