Gordon and Lisa estimate that they will need approximately $1,300,000 in 40 years for their retirement years.If they can earn 8 percent annually on their funds,how much do they need to save annually?
A) $2,000
B) $3,000
C) $4,000
D) $5,000
E) $10,000
Correct Answer:
Verified
Q110: Lillian has a defined benefit plan that
Q111: Social Security provides the average retired wage
Q112: Dr.Johnson is surgeon at University Hospital.She will
Q113: Of the following survivors of a fully
Q114: Social security benefits for retirees less than
Q116: The amount of money in your defined
Q117: Fully insured status for Social Security requires
Q118: Fully insured status requires 40 _ of
Q119: Funds to finance social security come from
A)voluntary
Q120: Jamie has worked for ABC Printing for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents