Typical+Retirement+Problem

Typical+Retirement+Problem - $316.07 Assume that first...

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Typical Retirement Problem INPUT OUTPUT Annuity In / Annuity Out Current Age (years) 25 Required Nest Egg $715,047.12 Age of first withdrawal (years) 60 Required Monthly Contribution $188.34 Life Expectancy (years) 110 Assumed Interest Rate 10% Annuity In / Perpetuity Out Assumed Growth Rate 4% Required Nest Egg $720,000.00 Required Monthly Contribution $189.64 First monthly withdrawal $6,000.00 Annuity In / Growing Perpetuity Out Planned contributions (months) 420 Required Nest Egg $1,200,000.00 Planned withdrawals (months) 600 Required Monthly Contribution
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Unformatted text preview: $316.07 Assume that first contribution begins a month from today Growing Annuity In / Perpetuity Out Required Nest Egg $720,000.00 Assume that first withdrawal is taken at the end Required Monthly Contribution $125.91 of the month after the 60th birthday Growing Annuity In / Growing Annutity Out Required Nest Egg $1,139,207.33 Required Monthly Contribution $199.21 Growing Annuity In / Growing Perpetuity Out Required Nest Egg $1,200,000.00 Required Monthly Contribution $209.84...
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This note was uploaded on 02/09/2012 for the course MGT 3078 taught by Professor Marchman during the Spring '12 term at Georgia Tech.

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