Chapter 6 Practice 3 - Retirement Scenarios

Chapter 6 Practice 3 - Retirement Scenarios - 6.20% Years...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Calculating Your Retirement Accrual Phase Pension Phase Annual salary $35,000 The size of your "nest egg" $671,667 Employee contribution 6.20% Interest rate during retirement 6% Employer contribution
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 6.20% Years in retirement 25 Total contribution $4,340 Monthly Pension $4,328 Interest rate while working 6% Years contributing 40 Future Value $671,667 Your Name Goes Here...
View Full Document

Ask a homework question - tutors are online