How much will retirement investments be worth

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A mid-career business manager has $400,000 $1,000 a month starting a month from now 60% global stock fund saved for retirement and is planning to invest an additional . He is planning to invest of his current and new investments in a and the remaining 40% in a bond fund.

problem 1: If the stock fund has a compound annual growth rate (CAGR) of 7.6% and the bond fund has a CAGR of 2.5%, how much will his retirement investments be worth at the end of 25 years?

Reference no: EM132794112

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