Business, 15.12.2020 15:30 naomijamieson88

A client comes to see you for retirement planning. They plan to retire in 4 months on their 66th birthday. They are planning on living until age 91 (they added a few years to their estimate of reality to stay conservative). They are investing in such a way that should generate average annual returns of 6.5%. If they have $575,000 in retirement assets, then how much annual income could they expect

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A client comes to see you for retirement planning. They plan to retire in 4 months on their 66th bir...