Determine the amount you must accumulate by age 65 to meet your retirement goal, assuming that you invest in equally weighted portfolio (50% common stocks, 50% bonds) in excel formula. Information given payment 168,831.75 Inflation 3% Future value: 1,000,000 Common Stock 11 Interest rate .11 Corborate bonds 6 Number of years 15 Equally weighted portfolio 8.5
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Determine the amount you must accumulate by age 65 to meet your retirement goal, assuming that you invest in equally weighted portfolio (50% common stocks, 50% bonds) in excel formula.
Information given
payment 168,831.75 Inflation 3%
Interest rate .11 Corborate bonds 6
Number of years 15 Equally weighted portfolio 8.5
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