- retirement investments
- investing for retirement
An individual assumes they will need $50000 a year, for a 20 year retirement, commencing in 12 years. How much must they save yearly if they can invest at 5% per annum? Assuming no tax.
I think this is a simple question but I'm struggling to get my head around. Help appreciated!
Additional Details if possible can you show steps to solve this
I think this is a simple question but I'm struggling to get my head around. Help appreciated!
Investing for Retirement?
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