How much do you need to save each year if you believe you

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Let's say you are 25 years old and you are starting your career. you have student debt. You want to retire at age 65 and you believe you will need one millions dollars saved.

How much do you need to save each year if you believe you can invest it in the markets and earn an average 6% annual return? Ignore taxes. 

 

 

Reference no: EM13801130

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