SP7 frances drew ib_e03_retirementplanning

SP7 frances drew ib_e03_retirementplanning - taking the...

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# Questions 8 9 10 Given the current contribution of $75 per month, will this person reach her taget through any of the scenarios? How much money will she have to deposit in her account per month (approximately) to reach $2 million taking the Aggressive investment scenario? How much money will she have to deposit in her account per month (approximately) to reach $2 million
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Unformatted text preview: taking the conservative investment scenario? Answers No $94.00 $1,754.00 Retirement Scenarios Number of Years Before Retirement 40 Monthly Payments to Account $1,754.00 Scenario Conservative 4.00% Low $2,000,097 Moderate 8.00% Medium $5,452,622 Aggressive 15.00% High $37,446,293 Annual Potential Growth Potential Risk Value of Account on Retirement...
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SP7 frances drew ib_e03_retirementplanning - taking the...

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