Monthly expenses expected to be first year of retirement

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Reference no: EM132014638

You would like to retire in 25 years. The expected rate of inflation is 01.00% per year. You currently have a standard of living that requires $5,412 of monthly expenses. Assuming you want to maintain the same standard of living in retirement,

What are your monthly expenses expected to be the first year of retirement?

Reference no: EM132014638

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