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Retirement savings account

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Anthony retires at age 58 and expects to live to age 90. On the day he retires, he has $287,409 in her retirement savings account. She is conservative and expects to earn 5.25 percent on her money during her retirement years. How much can she withdraw from her retirement savings each month if she plans to die on the day she spends her last penny?

Reference no: EM133495875

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