??????????? reseev ???????? the werd is GET
yer ideas R wakko
1. save munee evree month, & start rite now...DONT wate til end av yeer
55-29=26 yeers yu kan save & invest
sounded tu me like yu sed her wanna take out 120,000$ for 20 yeers
Thats wae 2 much tu take out...lern tu liv in yer meens
Me suspekt yu want yer retire plan tu hav 20*120K $ in 26 yeers=2.4 milyun$
In reel retire plan, em dollars keep erning as yu take sum $ out
yu sed yu get 9% interest
Tu get 2.4 milyun $ in 25 yeers at 9% interest...put in munee 26 yeers
with yeer kompound, yu gotta put in 25,995.41$/yeer
with month kompound...2,124.78$/month (25,497.36$ per yeer)
Both assume yu putin munee at the START av the period