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Elementary,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 353 Weeks Ago, 1 Day Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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Your retirement planning suggests a goal of $45 000 a year in today's dollars for 30 years of retirement. Retirement will begin 35 years from today, at which time you will expect your first annuity payment. inflation between now and retirement is expected to be 3 percent annually (do not consider inflation during retirement). The anticipated yield over the pre-retirement period is 8 percent annually, and 6 percent per annum is anticipated during retirement
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