Loading...

You are trying to decide if you have enough money to retire. You are expecting $2,500 a m

Open Posted By: peterolive Date: 11/01/2021 Academic Level: High School Paper Type: Case Study Writing

Question Description

You are trying to decide if you have enough money to retire.  You are expecting $2,500 a month from Social Security.  You have $1.2 million in your retirement savings, and you only want to use the earnings to live on, which is at an 8% annual rate.  You are currently making $64,000 a year and plan to live on 80% of that amount.  Do you have enough to retire based on these numbers?


Category: Business & Management Subjects: Business Law Deadline: 24 Hours Budget: $60 - $90 Pages: 2-3 Pages (Short Assignment)