Business, 06.06.2020 22:59 fanofhope31

On a personal level, assess the level of income you think you would need — at a minimum — when you retire. Do you agree with the notion of 62.5% of pre‐retirement earnings to be an adequate measure? If a person earned $100 000 prior to retirement what level of capital is required to produce 62.5% of such an income? (Assume a rate of return of 6% p. a.)

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On a personal level, assess the level of income you think you would need — at a minimum — when you r...

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