Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Join our Q&A platform and connect with professionals ready to provide precise answers to your questions in various areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

You have $600,000 saved for retirement. Your account earns 5.5% interest. How much, to the nearest dollar, will you be able to pull out each
month, if you want to be able to take withdrawals for 20 years?

Sagot :

Answer:

maybe 33k?

Step-by-step explanation:

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.