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Ken and Kim are currently 31 yrs old and expect to retire at age 67.
They wish to have (in addition to their social security income) a retirement income from their portfolios in the amount of $12,500 gross of any taxes per month and with to plan for a 30-year retirement.
How much should their investment/retirement portfolios be in order to meet their goal?
You can assume a 4% portfolio distribution rate during retirement.
The replacement cost of a home covered under the HO-3 policy is $100,000. Assume the home is insured for $50,000 and a $14,105 loss occurs (replacement cost). A
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