Go Back   The Finance Forums > Finance forums > Retirement

Retirement Saving for retirement - questions about pensions and pension schemes, 401k's, public and private company pensions, and other saving schemes.

Thread Tools
Old 03-01-2017, 08:10 PM
ForeverConfused ForeverConfused is offline
Junior Member
Join Date: Mar 2017
Posts: 1
Default Saving for retirement question

The question is:

You want to be able to retire 25 years from now with monthly retirement income of $12000 for 30 years (first withdrawal will be made in 25 years and 1 month from now). You also want to purchase a boat in 15 years at an estimated cost of $60,000. After the 30 year withdrawals, you want to donate $500,000 to charity. You plan to save $2,000 per month for the next 15 years, earn an 8% EAR before retirement and a 6% EAR after retirement. How much will you have to save each month in years 16 through 25?

Not really sure where to start with this one.. Any hints would be much appreciated.
Reply With Quote

Old Sponsors
Old 03-29-2017, 10:48 PM
mrthinkpositive mrthinkpositive is offline
Junior Member
Join Date: Mar 2017
Posts: 2
Default Re: Saving for retirement question

How to Create Cash On Demand


Imagine being able to press “send” on an email that was pre-written for you, and then earning $10,000 in commissions in less than 24 hours without ever talking to a soul…

… $10,000 that came in automatically while you went about your day
… $10,000 that you earned for about 5 minutes work!

That’s a perfect example of what it means to live the “dot com lifestyle.”

Now, if you’re new to online marketing, the following true story is going to open your eyes to a brand-new, exclusive opportunity.

But I guarantee you… it’s not like anything you’ve ever seen before.

I have been online for a long time, and I’ve never heard a story quite like this.

All you need to experience success online is a proven “system” and the right mentors.

That “system” is called UDCL and here’s how it works…

You get simple (and proven) ways to easily generate quality traffic (even if you have zero experience online)
You get access to “Done For You” sales funnels that will build a “cash on demand” business for you on virtual autopilot.

When you hear John’s story and learn about his brand-new system, you will see that this can literally change your life.

To Your Success,
Reply With Quote

Old 05-15-2017, 11:21 AM
penny128's Avatar
penny128 penny128 is offline
Junior Member
Join Date: May 2017
Posts: 16
Default Re: Saving for retirement question

wow thats a great deal of money, i'd say that'll do
Reply With Quote

Old 06-13-2017, 06:31 AM
divi divi is offline
Senior Member
Join Date: May 2017
Posts: 131
Default Re: Saving for retirement question

That's really a good plan but be careful in firms before you invest because there are many fake organizations these days. Just do a proper research before you invest. It would be better you make some fixed deposit but in that, you get less profit comparatively. http://www.mymoneysouq.com/financial...investing-uae/ See this you will get an idea.
Reply With Quote

Old 07-12-2017, 11:33 AM
OCP Biz OCP Biz is offline
Join Date: Jul 2017
Location: Florida, USA
Posts: 79
Default Re: Saving for retirement question

For early retirement..we must make a plan for it. you have to implement money saving plan for future security.
Reply With Quote

Old 08-24-2017, 05:46 AM
FrankByMonster FrankByMonster is offline
Junior Member
Join Date: Aug 2017
Posts: 17
Default Re: Saving for retirement question

Yes, it's so unpredictable that you have to plan everything when you're 10 years old
Reply With Quote


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

» Boards

All times are GMT -4. The time now is 02:49 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.