Employer-sponsored retirement plan

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Reference no: EM131013430

You have employer-sponsored retirement plan. Assume, your age is 35 and you plan to retire at 65. You can contribute $3,600 per year to this plan. Your employer will match this amount. If you can earn an eight percent return on this investment, How much will you have at retirement? How much would you have at retirement if you had started this plan at age 25?

Reference no: EM131013430

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