mactoolsix
Board Regular
- Joined
- Nov 30, 2010
- Messages
- 105
How much savings will be required?
Annual withdrawal = $250,000
Compound rate of return = 4%
Time = 30 years
I tried = FV(0.04/12,30,-250000,0) but it returns 7.8Mil which doesn't appear to be correct.
Annual withdrawal = $250,000
Compound rate of return = 4%
Time = 30 years
I tried = FV(0.04/12,30,-250000,0) but it returns 7.8Mil which doesn't appear to be correct.
