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Post by crissy on Feb 14, 2010 18:09:20 GMT -5
On September 14, 2006, USA Today ran a story on funding for retirement. The average 65-year-old woman can expect to live to nearly 87, according to the American Academy of Actuaries. You are currently a 40 year-old woman. You expect to need at least $420,000 when you retire at age 65.
How much money must you invest today, in an account paying 6% interest compounded annually, to have the amount you need for retirement?
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Post by crissy on Feb 14, 2010 18:10:59 GMT -5
On September 14, 2006, USA Today ran a story on funding for retirement. The average 65-year-old woman can expect to live to nearly 87, according to the American Academy of Actuaries. You are currently a 40 year-old woman. You expect to need at least $420,000 when you retire at age 65.
How much money must you invest today, in an account paying 6% interest compounded annually, to have the amount you need for retirement?
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Post by gary reardon on Apr 20, 2013 11:19:15 GMT -5
On September 14, 2006, USA Today ran a story on funding for retirement. The average 65-year-old woman can expect to live to nearly 87, according to the American Academy of Actuaries. You are currently a 40 year-old woman. You expect to need at least $420,000 when you retire at age 65. How much money must you invest today, in an account paying 6% interest compounded annually, to have the amount you need for retirement? |
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