asked 32.0k views
3 votes
You are considering a job that offers a pension of 80% of your highest yearly salary prior to retirement. You expect your highest yearly salary will be $70,000. What amount of savings, earning 5% per year, would need to save in order to match the income from the pension?

1 Answer

4 votes

Answer:

d) $1,120,000

Step-by-step explanation:

answered
User HardScale
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