How much do you need to invest at the end of each year

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You plan to work for the next 37 years and earn 6.5% on your investments during your working years. In retirement, you expect to need $92,000 per year during each of your 25 years of retirement and (during this time) you expect to earn 4.2% on investments. How much do you need to invest at the end of each year (while working) to allow this to happen?

Reference no: EM13263647

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