Donald asks…I have $270,000 in a retirement fund if I take $25,000 a month how long will my money last @ 6% interest.?I want to retire. I have worked a factory job for 28 years and my body can not do it anymore. I'm 56 years old.admin answers:I assume you mean $25,000 a year, if so than about 18 years.
If you take $25,000 a month it will last less than a year.Jenny asks…I need Matlab code to figure out how long my money will last?I start with $60,000. I take out $3000 monthly. I invest
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