Will you meet your goal, You have 50000 in your 401k. You

Will you meet your goal

Reference no: EM13295086

You have 50000 in your 401k. You estimate you can fund the account about 10000 annually at the end of each year. Your 401k is expected to earn about 10% annually. You plan to retire in 20 years and want 100000. will you meet your goal?

a) yes
b) no
c) not enough data
d) no but you will be short about 91000

Reference no: EM13295086

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